NOT LISTED FOR SALE

Estimated Value: $625,000 - $709,000

5 Beds
3 Baths
2,466 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $700,000 $284 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,015/month

8 Days on Market

Highlights

  • Private Pool
  • 0.26 Acre Lot
  • Granite Countertops
  • Carol Rae Ranch Elementary Rated A-
  • Vaulted Ceiling
  • Covered patio or porch

About This Home

As of June 2023

This stunning two-story home features 5 spacious bedrooms/3 baths & one of the largest lots in Carol Rae Ranch. It's nearly 2500sqft floorplan offers ample space for your family/guests. As you step inside, you'll be greeted by a grand foyer, spiral staircase & new neutral flooring leads you through the bright & airy living room, dining room, family room & kitchen perfect for entertaining guests. Outside, you'll find a serene yet playful backyard oasis, complete with a sparkling pool, charming gazebo, built in bar, extended patio & large newly installed turf terrain perfect for entertaining & enjoying! The oversized 3 car garage provides additional storage & space. This home is just minutes from shopping, dining & entertainment options, including SanTan Village & Downtown Gilbert.

Last Agent to Sell the Property

Eric Fox

Keller Williams Realty Sonoran Living License #SA520821000 Listed on: 04/28/2023

Keller Williams Realty Sonoran Living

Co-Listed By

Kimberly Banks

Keller Williams Realty Sonoran Living License #SA704437000

Last Buyer's Agent

Ruth Nastasi

Epique Realty License #SA646149000

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,256

Year Built

  • Built in 1996

Lot Details

  • 0.26 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,466 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Gazebo
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance
  • Brown Community Mana Association, Phone Number (480) 339-8826
  • Built by CONTINENTAL HOMES
  • Carol Rae Ranch Subdivision

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 304-07-151

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,256

Year Built

Built in 1996

Lot Details

0

HOA Fees

$47 per month

Parking

3

Listing Details

  • Cross Street: HIGLEY & BASELINE
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 46.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2022
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: kwsl02
  • Co List Office Phone: 480-948-3338
  • Subdivision Name: CAROL RAE RANCH
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 140.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 2466.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Patio, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 140.0
  • Association Fee Frequency: Quarterly
  • Association Name: CAROL RAE RANCH HOME
  • Phone: 480-339-8826
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: CAROL RAE RANCH HOME
  • Association Fees:HOA Telephone4: 480-339-8826
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 140.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: HWD
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: BROWN COMMUNITY MANA

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Carol Rae Ranch Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11321.0
  • Parcel #: 304-07-151
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CONTINENTAL HOMES

Tax Info

  • Tax Annual Amount: 2256.0
  • Tax Book Number: 304.00
  • Tax Lot: 109
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 6, 2023
Sold by
Petrocco Megan C and Petrocco Joseph M
Bought by
Velazquez Ramon Alexander and Velazquez Madylan Soleil
Seller's Agent
Eric Fox
Keller Williams Realty Sonoran Living
Buyer's Agent
Ruth Nastasi
Epique Realty
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Total Days on Market
8
Views
26
Current Estimated Value
$675,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,866
Avg. Annual Appreciation
-1.78%
Original Mortgage
$584,010
Outstanding Balance
$570,851
Interest Rate
6.39%
Mortgage Type
VA
Estimated Equity
$104,283

Purchase Details

Listed on
Dec 8, 2015
Closed on
Jan 15, 2016
Sold by
Petrocco Joseph M and Petrocco Megan C
Bought by
Petrocco Meganc
Seller's Agent
Michelle Regier
Keller Williams Integrity First
Buyer's Agent
Eric Fox
Keller Williams Realty Sonoran Living
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$288,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2015
Closed on
Jan 14, 2016
Sold by
Repp John R and Repp Micki L
Bought by
Petrocco Megan C
Seller's Agent
Michelle Regier
Keller Williams Integrity First
Buyer's Agent
Eric Fox
Keller Williams Realty Sonoran Living
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2015
Sold by
Repp John R and Repp Micki L
Bought by
Repp John R and Repp Micki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2015
Sold by
Repp John R and Repp Micki L
Bought by
Repp John R and Repp Micki L

Purchase Details

Closed on
Jul 10, 1996
Sold by
Continental Homes Inc
Bought by
Repp John R and Repp Micki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,700
Interest Rate
8.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 1996
Sold by
Chi Construction Company
Bought by
Continental Homes Inc
Source: Public Records

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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
Velazquez Ramon Alexander $700,000 Navi Title Agency
Petrocco Meganc -- Great Amer Title Agency Inc
Petrocco Megan C -- Accommodation
Petrocco Megan C $320,000 Great Amer Title Agency Inc
Repp John R -- Security Title Agency
Repp John R -- Security Title Agency
Repp John R -- None Available
Repp John R $158,820 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Ramon Alexander $584,010
Previous Owner Petrocco Megan C $287,000
Previous Owner Petrocco Megan C $288,000
Previous Owner Repp John R $70,000
Previous Owner Repp John R $109,000
Previous Owner Repp John R $122,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $700,000 -3.4% $284 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $725,000 +126.6% $294 / Sq Ft
01/13/2016 01/13/16 Sold $320,000 0.0% $130 / Sq Ft
12/08/2015 12/08/15 For Sale $320,000 -- $130 / 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 $2,315 $30,591 -- --
2024 $2,329 $29,135 -- --
2023 $2,329 $46,400 $9,280 $37,120
2022 $2,256 $35,350 $7,070 $28,280
2021 $2,367 $33,270 $6,650 $26,620
2020 $2,329 $31,060 $6,210 $24,850
2019 $2,153 $28,850 $5,770 $23,080
2018 $2,094 $27,470 $5,490 $21,980
2017 $2,027 $26,060 $5,210 $20,850
2016 $2,094 $25,250 $5,050 $20,200
2015 $1,876 $24,510 $4,900 $19,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6549864

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-151