NOT LISTED FOR SALE

Estimated Value: $533,602 - $625,000

4 Beds
3 Baths
2,160 Sq Ft
$273/Sq Ft Est. Value

Highlights

  • Covered Patio or Porch
  • Skylights
  • Double Vanity
  • Highland Park Elementary Rated A-
  • Eat-In Kitchen
  • Kitchen Island

About This Home

As of October 2023

Beautiful Morrison Ranch Home! Located in the heart of Gilbert where you will find white fences, green grass, and beautiful tree-lined streets. Located near some of the best schools in Gilbert, Morrison Ranch Lake, the historic Silos. Only a few skips down from the park. This property features 4 bedrooms and 3 FULL bathrooms. Incredible Master Bedroom including View of the Superstitions Mountains. Oversized garage with extra storage. Close proximity to all that Gilbert has to offer!

Last Agent to Rent the Property

Biman Saha

Air One Realty LLC License #BR649475000 Listed on: 09/01/2023

Co-Listed By

Dhruv Saha

LPT Realty, LLC License #SA692148000

Last Renter's Agent

Biman Saha

Air One Realty LLC License #BR649475000 Listed on: 09/01/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 6,000 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Built by SHEA HOMES L P
  • Higley Groves Subdivision

Listing and Financial Details

  • Property Available on 9/1/23
  • $45 Move-In Fee
  • 12-Month Minimum Lease Term
  • $45 Application Fee
  • Tax Lot 352
  • Assessor Parcel Number 309-23-352

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$64 per month

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2023-09-01

Listing Details

  • Cross Street: HIGLEY AND ELLIOT
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Rental Info H O A Fee Paid Freq: Monthly
  • Rental Info H O A Name: xxxxxxxxxxxxxxxxxx
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 18.0
  • Initial Move In Costs Application Fee: 45.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: air1001
  • Subdivision Name: HIGLEY GROVES
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2160.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features Playground: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 64.0
  • Association Fee Frequency: Monthly
  • Association Name: xxxxxxxxxxxxxxxxxx
  • Phone: xxxxxxxxxxxxxxxx
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 6000.0
  • Parcel #: 309-23-352

Building Info

  • Builder Name: SHEA HOMES L P

Tax Info

  • Tax Book Number: 309.00
  • Tax Lot: 352
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2010
Sold by
Lakhotia Manish
Bought by
Lakhotia Mkanish and Lakhotia Mukta
Current Estimated Value
$588,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,860,000
Outstanding Balance
$1,227,201
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
-$638,550

Purchase Details

Closed on
Nov 5, 2010
Sold by
Lakhotia Mukta
Bought by
Lakhotia Manish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,860,000
Outstanding Balance
$1,227,201
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
-$638,550

Purchase Details

Closed on
Jan 17, 2009
Sold by
Lakhotia Manish
Bought by
Lakhotia Manish and Lakhotia Mukta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2006
Sold by
Lakhotia Manish
Bought by
Lakhotia Manish and Maheshwari Mukta

Purchase Details

Closed on
May 17, 2004
Sold by
Maheshwari Mukta
Bought by
Lakhotia Manish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Mabb William B and Mabb Andrea M
Bought by
Lakhotia Manish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2001
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Mabb William B and Mabb Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.03%
Mortgage Type
New Conventional
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
Lakhotia Mkanish -- Accommodation
Lakhotia Manish -- Title Services Of The Valley
Lakhotia Manish -- Title Services Of The Valley
Lakhotia Manish -- Title Services Of The Valley
Lakhotia Manish -- None Available
Lakhotia Manish -- Lawyers Title Ins
Lakhotia Manish $212,000 Lawyers Title Ins
Mabb William B $168,046 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakhotia Manish $1,860,000
Closed Lakhotia Manish $190,000
Closed Lakhotia Manish $169,600
Previous Owner Mabb William B $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Rented $2,500 0.0% --
09/29/2023 09/29/23 Off Market $2,500 -- --
09/02/2023 09/02/23 For Rent $2,500 -- --
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 $2,363 $25,398 -- --
2024 $2,287 $24,189 -- --
2023 $2,287 $39,260 $7,850 $31,410
2022 $2,225 $29,280 $5,850 $23,430
2021 $2,295 $27,770 $5,550 $22,220
2020 $2,260 $25,880 $5,170 $20,710
2019 $2,100 $23,900 $4,780 $19,120
2018 $2,044 $22,380 $4,470 $17,910
2017 $1,978 $21,150 $4,230 $16,920
2016 $2,029 $20,730 $4,140 $16,590
2015 $1,850 $20,450 $4,090 $16,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6600309

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-23-352