NOT LISTED FOR SALE

3681 E Orchid Ln Unit I Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $393,582 - $421,000

3 Beds
2 Baths
1,160 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 05, 2016

Last sale price $197,500 $170 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,270/month

About This Home

As of July 2016

NEW PAINT! NEW FLOORING! Adorable 3-bedroom in great location close Power Ranch & San Tan Village shopping & entertainment plus Williams Gateway Airport. Great room open to kitchen and dining area, Kitchen has refrigerator, stove/oven, built-in microwave, pantry. Sliding door to covered patio, easy maintenance desert landscaping, 2-car garage. $40 application fee per adult. $1850/month base rent + 3.5% privilege use tax and tenant admin fee ($64.75) = $1914.75 total monthly rent. Security/cleaning deposit = $1950. Total move in costs = $3864.75. Good rental history required, no past rental collections or evictions, proof of employment income should equal 2.5 - 3 times the rent ($4625/month).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Jun 24, 2016
Sold by
Banuelos Hector and Banuelos Irasema
Bought by
Epson Frances Christine
Seller's Agent
Liz Valenzuela
ProSmart Realty
Buyer's Agent
Ken Boltz
RE/MAX Alliance Group
List Price
$204,900
Sold Price
$197,500
Premium/Discount to List
-$7,400
-3.61%
Current Estimated Value
$406,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,396
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Sep 8, 2012
Sold by
Valle Irasema
Bought by
Banullos Hector and The Banuelos Family Trust

Purchase Details

Closed on
Sep 23, 2002
Sold by
Kb Home Sales Phoenix Inc
Bought by
Valle Irasema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,550
Interest Rate
5.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Epson Frances Christine $197,500 American Title Svc Agency Ll
Banullos Hector -- None Available
Valle Irasema $126,090 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 Valle Irasema $152,900
Previous Owner Valle Irasema $50,000
Previous Owner Valle Irasema $154,000
Previous Owner Valle Irasema $142,000
Previous Owner Valle Irasema $126,550
Closed Valle Irasema $6,327
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2023 01/01/23 Rented $1,785 -3.5% --
12/30/2022 12/30/22 Under Contract -- -- --
11/29/2022 11/29/22 Price Changed $1,850 -1.9% $2 / Sq Ft
11/14/2022 11/14/22 Price Changed $1,885 -0.8% $2 / Sq Ft
11/09/2022 11/09/22 Price Changed $1,900 -5.0% $2 / Sq Ft
11/04/2022 11/04/22 For Rent $2,000 0.0% --
07/05/2016 07/05/16 Sold $197,500 -1.2% $170 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/13/2016 06/13/16 Price Changed $199,900 -2.4% $172 / Sq Ft
05/09/2016 05/09/16 For Sale $204,900 -- $177 / Sq Ft

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 $1,332 $14,806 -- --
2024 $1,399 $14,101 -- --
2023 $1,399 $27,600 $5,520 $22,080
2022 $1,345 $20,370 $4,070 $16,300
2021 $1,360 $18,510 $3,700 $14,810
2020 $1,380 $17,080 $3,410 $13,670
2019 $1,340 $15,680 $3,130 $12,550
2018 $1,295 $14,410 $2,880 $11,530
2017 $1,251 $12,750 $2,550 $10,200
2016 $1,076 $12,150 $2,430 $9,720
2015 $938 $11,700 $2,340 $9,360
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Travis Schreiner

    Schreiner Realty

    (480) 329-1234

    1 in this area

    27 Total Sales

    Travis Schreiner
    Section Image
  • Victoria Schreiner

    Seller Co-Listing Agent in 2023

    Victoria Schreiner

    Schreiner Realty

    (480) 688-1922

    1 in this area

    42 Total Sales

    Victoria Schreiner
    Section Image
  • Liz Valenzuela

    Seller's Agent in 2016

    Liz Valenzuela

    ProSmart Realty

    (480) 202-0643

    42 Total Sales

    Liz Valenzuela
    Section Image
  • Ken Boltz

    Buyer's Agent in 2016

    Ken Boltz

    RE/MAX

    (800) 861-6565

    117 Total Sales

    Ken Boltz
    Section Image
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Map

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3681 E Orchid Ln Unit I, Gilbert, AZ

This home is located at 3681 E Orchid Ln Unit I, Gilbert, AZ 85296 and is currently estimated at $406,896, approximately $350 per square foot. 3681 E Orchid Ln Unit I is a home located in Maricopa County with nearby schools including Gateway Pointe Elementary School, Williams Field High School, and Cooley Middle School.

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.

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