NOT LISTED FOR SALE

Estimated Value: $887,250 - $920,000

4 Beds
3 Baths
3,503 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 27, 2013

Last sale price $357,100 $102 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,393/month

3 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • 1 Fireplace
  • Greenfield Elementary School Rated A-
  • Wood Flooring
  • End Unit

About This Home

As of March 2013

Gorgeous. A rare corner lot find and pride to own in Morrison Ranch. Owners kept the property scrupulously clean since acquired brand new in 2008. BACK ON THE MARKET; Listing Price is a Bank approved Short sale, As Is. Vaulted ceiling,stainless steel appliances, cherry-oak kitchen cabinets, kitchen island, granite counter tops and backsplash, fully landscaped front and rear with sparkling pool, close to supermarkets, U.S. 60 and 202, schools, Gilbert Mercy-Banner hospital, and Sun Tan Mall.

Last Agent to Sell the Property

Antonio Camillo

TriSummit Realty License #BR639762000 Listed on: 01/31/2013

Last Buyer's Agent

Joseph Vadakkel

DPR Realty LLC License #SA586725000

DPR Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 2008

Lot Details

  • 8,390 Sq Ft Lot
  • Two or More Common Walls
  • Private Streets
  • Block Wall Fence
  • Corner Lot
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Rammed Earth
  • Stucco

Interior Spaces

  • 3,503 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Greenfield Elementary School
  • Greenfield Junior High School
  • Lakeview Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 304-19-101

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Morrison Ranch HOA, Phone Number (480) 921-7500
  • Built by Ashton Woods
  • Lakeview Trails North At Morrision Ranch Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,414

Year Built

Built in 2008

Lot Details

0

HOA Fees

$96 per month

Parking

3

Listing Details

  • Cross Street: Higley Road
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.0
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 2008
  • Tax Year: 2011
  • Directions: From Elliot (R) Kennith Lane (R) Weather Vane Road to property at the corner
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: Lakeview Trails North at Morrision Ranch
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 288.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Wood
  • Basement YN: No
  • Possible Use: Res/Business Use Ok
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3503.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Street(s)
  • Lot Features: Corner Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, End Unit
  • Construction Type: Painted, Stucco, Frame - Wood, Rammed Earth
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes
  • Construction:Rammed Earth: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 288.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch HOA
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch HOA
  • Association Fees:HOA Telephone4: 480-921-7500
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Greenfield Elementary School
  • High School: Lakeview Elementary School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8390.0
  • Parcel #: 304-19-101
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ashton Woods

Tax Info

  • Tax Annual Amount: 2414.0
  • Tax Book Number: 304.00
  • Tax Lot: 76
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2014
Sold by
Vallappan Thomas Mathai and Valappan Silvy Thomas
Bought by
Thomas M Vallapan & Silvy T Valappan Tru
Current Estimated Value
$911,198

Purchase Details

Listed on
Jan 31, 2013
Closed on
Mar 19, 2013
Sold by
Vargas Zaida and Vargas Jose E
Bought by
Valappan Thomas Mathai and Valappan Silvy Thomas
Seller's Agent
Antonio Camillo
TriSummit Realty
Buyer's Agent
Joseph Vadakkel
DPR Realty LLC
List Price
$335,000
Sold Price
$357,100
Premium/Discount to List
$22,100
6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$350,631
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2008
Sold by
Ashton Woods Arizona Llc
Bought by
Vargas Zaida and Vargas Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,261
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thomas M Vallapan & Silvy T Valappan Tru -- None Available
Valappan Thomas Mathai $357,100 Grand Canyon Title Agency In
Vargas Zaida $492,513 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valappan Thomas M $260,000
Closed Valappan Thomas Mathai $350,631
Previous Owner Vargas Zaida $443,261
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2013 03/27/13 Sold $357,100 +6.6% $102 / Sq Ft
02/03/2013 02/03/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $335,000 -- $96 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,696 $47,542 -- --
2024 $3,704 $45,278 -- --
2023 $3,704 $60,800 $12,160 $48,640
2022 $3,590 $45,850 $9,170 $36,680
2021 $3,735 $41,680 $8,330 $33,350
2020 $3,667 $40,030 $8,000 $32,030
2019 $3,360 $37,260 $7,450 $29,810
2018 $3,229 $35,830 $7,160 $28,670
2017 $3,106 $35,010 $7,000 $28,010
2016 $3,202 $36,320 $7,260 $29,060
2015 $2,912 $36,100 $7,220 $28,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4883614

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-19-101