NOT LISTED FOR SALE

3625 E Orchid Ln Unit I Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $407,975 - $431,000

3 Beds
2.5 Baths
1,576 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $248,000 $157 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,411/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Private Yard
  • 2 Car Direct Access Garage
  • Gateway Pointe Elementary School Rated A-
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of April 2019

Welcome to Ray Ranch! Spacious move-in ready two story home, offering 3 bedrooms, 2 bathrooms, and a large open backyard. The large master bedroom includes many windows with great natural light and his and her walk in closets. The open floor plan of this home and large outdoor patio provides great space for entertaining family and friends. The kitchen is complete with sleek countertops, white appliances, and plenty of storage space. This community is a short drive to local grocery stores and shops, and is walking distance to a beautiful nearby community park. Add this one to your must see list today!

Last Agent to Sell the Property

Kevin Glover

DPR Realty LLC License #SA664142000 Listed on: 03/01/2019

DPR Realty LLC

Last Buyer's Agent

Bruno Arapovic

HomeSmart License #SA547460000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 2002

Lot Details

  • 3,870 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,576 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Higley Traditional Academy Elementary And Middle School
  • Williams Field High School

Utilities

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

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 304-28-176

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Ray Ranch Association, Phone Number (480) 635-1133
  • Built by KB HOMES
  • Ray Ranch Unit 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,237

Year Built

Built in 2002

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Cross Street: Ray rd/ Wade dr
  • 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: 70.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2019
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: RAY RANCH UNIT 1
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 157.36
  • Association Fees:HOA Fee2: 70.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Linoleum
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
  • Living Area: 1576.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Desert Back, Desert Front, Dirt Back, Gravel/Stone Front, Auto Timer H2O Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • 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: Playground, Biking/Walking Path
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Ray Ranch
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ray Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 250.0
  • 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: Higley Traditional Academy
  • High School: Williams Field High School
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3870.0
  • Parcel #: 304-28-176

Building Info

  • Builder Name: KB HOMES

Tax Info

  • Tax Annual Amount: 1237.0
  • Tax Book Number: 304.00
  • Tax Lot: 159
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2019
Sold by
Property Owner 9 Llc
Bought by
Progress Residential Borrower 11 Llc
Current Estimated Value
$423,252

Purchase Details

Listed on
Mar 1, 2019
Closed on
Mar 26, 2019
Sold by
Park Pori
Bought by
Property Owner 9 Llc
Seller's Agent
Kevin Glover
DPR Realty LLC
Buyer's Agent
Bruno Arapovic
HomeSmart
List Price
$250,000
Sold Price
$248,000
Premium/Discount to List
-$2,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Sep 21, 2002
Sold by
Kb Home Sales Phoenix Inc
Bought by
Park Pori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,872
Interest Rate
5.89%
Mortgage Type
FHA
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
Progress Residential Borrower 11 Llc -- Os National Llc
Property Owner 9 Llc $248,000 Magnus Title Agency
Park Pori $143,877 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Pori $141,872
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2019 04/16/19 Sold $248,000 -0.8% $157 / Sq Ft
03/01/2019 03/01/19 For Sale $250,000 -- $159 / 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 $1,486 $16,688 -- --
2024 $1,575 $15,893 -- --
2023 $1,575 $30,000 $6,000 $24,000
2022 $1,514 $22,160 $4,430 $17,730
2021 $1,531 $20,010 $4,000 $16,010
2020 $1,553 $18,720 $3,740 $14,980
2019 $1,508 $17,200 $3,440 $13,760
2018 $1,237 $15,880 $3,170 $12,710
2017 $1,192 $14,430 $2,880 $11,550
2016 $1,212 $13,610 $2,720 $10,890
2015 $1,056 $13,130 $2,620 $10,510
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kevin Glover

    DPR Realty

    (480) 759-4300

    5 Total Sales

    Kevin Glover
    Section Image
  • Bruno Arapovic

    Buyer's Agent in 2019

    Bruno Arapovic

    HomeSmart

    (602) 471-3952

    24 in this area

    1,326 Total Sales

    Bruno Arapovic
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5891403

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-28-176

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3625 E Orchid Ln Unit I, 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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