NOT LISTED FOR SALE

3497 E Terrace Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $572,000 - $613,000

4 Beds
2.5 Baths
2,623 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $320,000 $122 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,301/month

9 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Tile Flooring
  • Carol Rae Ranch Elementary Rated A-
  • Dual Vanity Sinks in Primary Bathroom
  • 2-minute walk to Cameron Ranch Park

About This Home

As of October 2017

​This charming home has an open concept including​ a Den, Large rooms, ​ Granite Counters, Double sinks in both the Master & Guest bathrooms and so much more..​ ​Cook in this ​amazing kitchen​ ​​with ​an ​over-sized pantry. Invite your guests to the back​ yard where there is a pool, a side yard for pets and a seating area great for family Bar-B-Ques Less than 1 Mile from Banner Gateway, easy access to freeways and a family friendly neighborhood within walking distance to a community park. And located on a corner lot, within walking distance to Carol Rae Elementary! This home is a must see!

Last Agent to Sell the Property

Steve Trang

Real Broker License #BR584137000 Listed on: 08/26/2017

Real Broker

Last Buyer's Agent

Deborah Simmons

HomeSmart License #SA568799000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,997

Year Built

  • Built in 2007

Lot Details

  • 5,000 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,623 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool

Schools

  • Carol Rae Ranch Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Cameron Ranch Association, Phone Number (602) 437-4777
  • Built by KB Homes
  • Cameron Ranch Subdivision

Listing and Financial Details

  • Tax Lot 217
  • Assessor Parcel Number 313-11-274

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,997

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Baseline and Higley
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 57.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.11
  • Subdivision Name: CAMERON RANCH
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 122.0
  • Association Fees:HOA Fee2: 57.0
  • Dining Area:Breakfast Bar: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2623.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features:Walk-in Pantry: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Grass Back
  • Pool Features: Private
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Cameron Ranch
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cameron Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 171.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2: 114.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Carol Rae Ranch Elementary
  • High School: Highland High School
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 313-11-274
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1997.0
  • Tax Book Number: 313.00
  • Tax Lot: 217
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2017
Closed on
Sep 26, 2017
Sold by
Stockimeir Eric
Bought by
Morrison Jacob and Morrison Kathryne
Seller's Agent
Steve Trang
Real Broker
Buyer's Agent
Deborah Simmons
HomeSmart
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$593,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,422
Avg. Annual Appreciation
7.77%
Original Mortgage
$160,000
Outstanding Balance
$133,895
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$459,527

Purchase Details

Closed on
Nov 19, 2007
Sold by
Kb Home Sales Phoenix Inc
Bought by
Stocklmeir Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,256
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2007
Sold by
Lo Land Assets Lp
Bought by
Kb Home Phoenix Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Morrison Jacob $320,000 Security Title Agency Inc
Stocklmeir Eric $271,571 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Kb Home Phoenix Inc $936,886 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Jacob $160,000
Previous Owner Stocklmeir Eric $217,256
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2017 10/03/17 Sold $320,000 0.0% $122 / Sq Ft
09/03/2017 09/03/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $320,000 -- $122 / 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 $2,298 $29,914 -- --
2024 $2,228 $28,489 -- --
2023 $2,228 $40,250 $8,050 $32,200
2022 $2,160 $30,120 $6,020 $24,100
2021 $2,277 $29,220 $5,840 $23,380
2020 $2,241 $27,200 $5,440 $21,760
2019 $2,061 $25,380 $5,070 $20,310
2018 $1,998 $24,180 $4,830 $19,350
2017 $1,929 $23,570 $4,710 $18,860
2016 $1,963 $22,920 $4,580 $18,340
2015 $1,819 $22,770 $4,550 $18,220
Source: Public Records

Agents Affiliated with this Home

  • Steve Trang

    Seller's Agent in 2017

    Steve Trang

    Real Broker

    (480) 696-5500

    24 Total Sales

    Steve Trang
    Section Image

  • D

    Buyer's Agent in 2017

    Deborah Simmons

    HomeSmart

    (602) 689-8983

    24 Total Sales

    Deborah Simmons
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5651900

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-11-274

Arizona Maricopa County Gilbert 85234 Val Vista

3497 E Terrace Ave, Gilbert, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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