NOT LISTED FOR SALE

3505 E Silo Dr Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $889,455 - $934,000

5 Beds
3 Baths
2,722 Sq Ft
$336/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $685,000 $252 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,126/month

1 Day on Market

Highlights

  • Private Pool
  • Community Lake
  • Covered Patio or Porch
  • Finley Farms Elementary School Rated A-
  • Granite Countertops
  • 5-minute walk to Sagebrush Park

About This Home

As of February 2021

5BR/3BA home in the highly desirable subdivision of Lakeview Trails at Morrison Ranch! 10' ceilings, beautiful craftsman elevation with a N/S exposure. Large closet space in all bedrooms. Great opportunity to work from home in the large den. Lakeview Trails at Morrison Ranch part of more than 400 acres of pedestrian friendly greenbelts, tree lined streets and plenty of open space. Fabulous shopping, dining, within 5 minutes of the San Tan Village Shopping area, close to revitalized downtown Gilbert Rd, near Big League Dreams baseball park, Riparian Preserve at Water Ranch.

Last Agent to Sell the Property

Mark Captain

Keller Williams Realty Sonoran Living License #SA637086000 Listed on: 02/11/2021

Keller Williams Realty Sonoran Living

Co-Listed By

Cayman Captain

Keller Williams Realty Sonoran Living License #BR646833000

Last Buyer's Agent

Mark Captain

Keller Williams Realty Sonoran Living License #SA637086000 Listed on: 02/11/2021

Keller Williams Realty Sonoran Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 7,498 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,722 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Smart Home
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Greenfield Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 9
  • Assessor Parcel Number 313-27-009

Community Details

Overview

  • Association fees include ground maintenance
  • Morrison Ranch HOA, Phone Number (480) 892-2267
  • Built by MERITAGE HOMES
  • Lakeview Trails At Morrison Ranch Subdivision, Bailey Plus Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,710

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Cross Street: E Warner Rd & S Higley Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 112.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2020
  • Master Model: Bailey Plus
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: kwaf06
  • Co List Office Phone: 480-444-7200
  • Subdivision Name: LAKEVIEW TRAILS (SOUTHWEST) AT MORRISON RANCH
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 251.65
  • Association Fees:HOA Fee2: 336.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Other, See Remarks, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2722.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 336.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch HOA
  • Phone: 480-892-2267
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch HOA
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7498.0
  • Parcel #: 313-27-009

Building Info

  • Builder Name: MERITAGE HOMES

Tax Info

  • Tax Annual Amount: 2710.0
  • Tax Book Number: 313.00
  • Tax Lot: 9
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Feb 9, 2021
Sold by
Dunn Jeffrey D and Dunn Amanda D
Bought by
Crouse Benjamin D and Becker Carly Amber
Seller's Agent
Mark Captain
Keller Williams Realty Sonoran Living
Buyer's Agent
Mark Captain
Keller Williams Realty Sonoran Living
List Price
$685,000
Sold Price
$685,000
Current Estimated Value
$915,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,114
Avg. Annual Appreciation
6.09%
Original Mortgage
$582,250
Outstanding Balance
$519,855
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$395,259

Purchase Details

Listed on
Jul 30, 2018
Closed on
Dec 6, 2018
Sold by
Meritage Homes Of Arizona Inc
Bought by
Dunn Jeffrey D and Dunn Amanda D
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
Richard Marquez
HomeSmart
List Price
$450,490
Sold Price
$487,889
Premium/Discount to List
$37,399
8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.10%
Original Mortgage
$390,311
Interest Rate
4.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crouse Benjamin D $685,000 Security Title Agency Inc
Dunn Jeffrey D $487,889 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crouse Benjamin D $582,250
Previous Owner Dunn Jeffrey D $390,311
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $685,000 0.0% $252 / Sq Ft
02/11/2021 02/11/21 For Sale $685,000 +40.4% $252 / Sq Ft
12/21/2018 12/21/18 Sold $487,889 +8.1% $179 / Sq Ft View Prior Sale
08/04/2018 08/04/18 Pending -- -- --
08/01/2018 08/01/18 Price Changed $451,490 +0.2% $166 / Sq Ft
07/30/2018 07/30/18 For Sale $450,490 -- $165 / 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 $2,802 $35,956 -- --
2024 $2,714 $34,244 -- --
2023 $2,714 $59,430 $11,880 $47,550
2022 $2,630 $46,960 $9,390 $37,570
2021 $2,752 $43,430 $8,680 $34,750
2020 $2,710 $39,680 $7,930 $31,750
2019 $449 $5,835 $5,835 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Captain

    Seller's Agent in 2021

    Mark Captain

    Keller Williams Realty Sonoran Living

    (480) 695-3847

    14 in this area

    250 Total Sales

    Mark Captain
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Cayman Captain

    Keller Williams Realty Sonoran Living

    (480) 695-6001

    13 in this area

    124 Total Sales

    Cayman Captain
    Section Image

  • J

    Seller's Agent in 2018

    Joseph Elberts

    Meritage Homes of Arizona, Inc

    (480) 515-8100

    4,025 Total Sales

    Joseph Elberts
    Section Image
  • Richard Marquez

    Buyer's Agent in 2018

    Richard Marquez

    HomeSmart

    (480) 443-7400

    10 Total Sales

    Richard Marquez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6193575

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-27-009

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3505 E Silo Dr, 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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