NOT LISTED FOR SALE

Estimated Value: $664,956 - $708,000

5 Beds
3 Baths
2,466 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 03, 2025

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

Est. 1% decrease in value since last sale

Current estimated payment $3,846/month

5 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • 3 Car Direct Access Garage
  • Carol Rae Ranch Elementary Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of March 2025

Discover contemporary living in this bright, 5 bedroom, 3 bath home with over 2,400 sq. ft. of elegance in Gilbert's highly sought-after Carol Rae Ranch Subdivision, just minutes from an A+ school! A striking staircase and tall windows with custom shutters greet you in the inviting entryway. The remodeled kitchen features gorgeous cabinets, a large granite island, stainless steel appliances, and modern fixtures, perfect for entertaining. The main floor includes a guest bedroom or den, full bath, and spacious living area. Upstairs, the primary suite offers a granite-surround tub, dual vanities and three additional bedrooms nearby. Outside, make memories in the private pool and cozy covered patio. Welcome to Gilbert, where every day feels like a vacation!

Last Agent to Sell the Property

Ana Benitez

Realty Executives Arizona Territory License #SA674300000 Listed on: 01/30/2025

Realty Executives Arizona Territory

Co-Listed By

Susan Fitzpatrick

Realty Executives Arizona Territory License #SA675265000

Last Buyer's Agent

Ricardo Derabuni

My Home Group Real Estate License #SA705777000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 1996

Lot Details

  • 7,131 Sq Ft Lot
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

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
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • 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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 304-07-138

Community Details

Overview

  • Association fees include ground maintenance
  • Carol Rae Ranch HOA, Phone Number (480) 844-2224
  • Built by Continental Homes
  • Carol Rae Ranch Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,162

Year Built

Built in 1996

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Cross Street: Higley and 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: 48.33
  • 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
  • Spa Private: Yes
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: reax09
  • Co List Office Phone: 480-948-9450
  • Subdivision Name: CAROL RAE RANCH
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 283.86
  • Association Fees:HOA Fee2: 145.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Electric Cooktop
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2466.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 145.0
  • Association Fee Frequency: Quarterly
  • Association Name: Carol Rae Ranch HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Carol Rae Ranch HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 145.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 185.0
  • Association Fees:Other Fees Description: resale/new owner fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Phone: 480-844-2224

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: 7131.0
  • Parcel #: 304-07-138

Building Info

  • Builder Name: Continental Homes

Tax Info

  • Tax Annual Amount: 2162.0
  • Tax Book Number: 304.00
  • Tax Lot: 96
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Feb 5, 2025
Sold by
Johnson Nicholas J and Johnson Elizabeth A
Bought by
Haile Beemnet and Cuviello Andrea
Seller's Agent
Ana Benitez
Realty Executives Arizona Territory
Buyer's Agent
Ricardo Derabuni
My Home Group Real Estate
List Price
$699,999
Sold Price
$700,000
Premium/Discount to List
$1
0.0%
Views
8
Current Estimated Value
$690,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,511
Avg. Annual Appreciation
-1.58%
Original Mortgage
$665,000
Outstanding Balance
$658,874
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$31,615

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 20, 2020
Sold by
Hood Steven J and Hood Liana I
Bought by
Johnson Nicholas J and Johnson Elizabeth A
Seller's Agent
Heather Rugg
Citiea
Buyer's Agent
Susan Fitzpatrick
Realty Executives Arizona Territory
List Price
$415,000
Sold Price
$407,000
Premium/Discount to List
-$8,000
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%
Original Mortgage
$386,650
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1996
Sold by
Continental Homes Inc
Bought by
Hood Steven J and Hood Liana I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,050
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 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
Haile Beemnet $700,000 Clear Title Agency Of Arizona
Johnson Nicholas J $407,000 Valleywide Title Agency
Hood Steven J $158,957 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haile Beemnet $665,000
Previous Owner Johnson Nicholas J $386,650
Previous Owner Hood Steven J $143,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2025 03/03/25 Sold $700,000 0.0% $284 / Sq Ft
01/30/2025 01/30/25 For Sale $699,999 +72.0% $284 / Sq Ft
05/28/2020 05/28/20 Sold $407,000 -1.9% $165 / Sq Ft View Prior Sale
04/17/2020 04/17/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $415,000 -- $168 / 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 $2,248 $28,804 -- --
2024 $2,176 $27,432 -- --
2023 $2,176 $43,820 $8,760 $35,060
2022 $2,108 $33,120 $6,620 $26,500
2021 $2,214 $31,220 $6,240 $24,980
2020 $2,180 $29,170 $5,830 $23,340
2019 $2,013 $27,100 $5,420 $21,680
2018 $1,959 $25,670 $5,130 $20,540
2017 $1,896 $24,330 $4,860 $19,470
2016 $1,928 $23,710 $4,740 $18,970
2015 $1,756 $23,280 $4,650 $18,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6812723

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-138