NOT LISTED FOR SALE

3721 E Arabian Dr Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $1,116,688 - $1,228,000

4 Beds
3 Baths
3,461 Sq Ft
$343/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $1,197,500 $346 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,400/month

61 Days on Market

Highlights

  • Above Ground Spa
  • RV Gated
  • Mountain View
  • Finley Farms Elementary School Rated A-
  • Solar Power System
  • 4-minute walk to Appaloosa Park

About This Home

As of August 2024

Single level on an oversized corner lot, in Morrison Ranch. It has everything you've been looking for: real wood floors, soaring 12ft ceilings, double stacked shaker cabinets & large custom island. The kitchen opens to a large great room with stone fireplace and custom mantle. Every bathroom has been recently renovated with custom cabinets, quartz counter tops & tiled showers. Master suite offers 2 walk in closets, separate vanities with plenty of storage, & a large walk-in shower with 2 shower heads. Private back yard with lush landscape, artificial turf, in-ground trampoline, and luxury hot tub. Extended front paver patio w/ custom made vine trellises and live oak trees. Built-in book shelves and entertainment center at the play room & extra storage at the laundry room. click for more Tesla Fast Charger In Garage. Permanent Holiday Lighting. New Exterior Paint 2023. 14KW Solar and much more!

Last Agent to Sell the Property

Brian Cunningham

eXp Realty License #SA634644000 Listed on: 05/08/2024

eXp Realty

Last Buyer's Agent

Ryan Scow

West USA Realty License #SA689021000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 2019

Lot Details

  • 10,397 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,461 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2023
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Above Ground Spa
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Finley Farms Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 287
  • Assessor Parcel Number 313-27-287

Community Details

Overview

  • Association fees include ground maintenance
  • Morrison Ranch Association, Phone Number (480) 892-2267
  • Lakeview Trails South At Morrison Ranch Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,042

Year Built

Built in 2019

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Cross Street: S Higley Rd & E Warner Rd
  • 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: 125.0
  • Basement: N
  • Bathrooms Year Updated: 2023
  • Items Updated Floor Yr Updated: 2020
  • Items Updated Kitchen Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Solar Panels Grid: On
  • Solar Panelsk W: 14.0
  • Year Built: 2019
  • Spa Private: Yes
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: LAKEVIEW TRAILS SOUTH AT MORRISON RANCH
  • Architectural Style: Ranch
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 345.99
  • Association Fees:HOA Fee2: 375.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Above Ground, Private
  • Appliances: Gas Cooktop
  • Accessibility Features: Accessible Hallway(s)
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm
  • Living Area: 3461.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Pickleball Court(s): Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Other, Storage
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Electric Vehicle Charging Station(s): 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: Pickleball, Lake, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 375.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch
  • Phone: 480-892-2267
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 375.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Finley Farms Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10397.0
  • Parcel #: 313-27-287

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3042.0
  • Tax Book Number: 313.00
  • Tax Lot: 287
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Aug 8, 2024
Sold by
Cunningham Brian James and Cunningham Lanie
Bought by
Petty Scott and Petty Ashley
Seller's Agent
Brian Cunningham
eXp Realty
Buyer's Agent
Ryan Scow
West USA Realty
List Price
$1,300,000
Sold Price
$1,197,500
Premium/Discount to List
-$102,500
-7.88%
Views
278
Current Estimated Value
$1,147,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,301
Avg. Annual Appreciation
-0.58%
Original Mortgage
$898,125
Outstanding Balance
$887,942
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$300,230

Purchase Details

Closed on
Oct 24, 2019
Sold by
Maracay 91 Llc
Bought by
Cunningham Brian James and Cunningham Lanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Petty Scott $1,197,500 Ata Title Agency
Cunningham Brian James $599,664 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petty Scott $898,125
Previous Owner Cunningham Brian James $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $1,197,500 -1.4% $346 / Sq Ft
06/24/2024 06/24/24 Price Changed $1,215,000 -1.5% $351 / Sq Ft
06/13/2024 06/13/24 Price Changed $1,234,000 -1.3% $357 / Sq Ft
05/28/2024 05/28/24 Price Changed $1,250,000 -3.8% $361 / Sq Ft
05/08/2024 05/08/24 For Sale $1,300,000 -- $376 / 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 $3,166 $39,997 -- --
2024 $3,042 $38,093 -- --
2023 $3,042 $62,970 $12,590 $50,380
2022 $2,946 $55,860 $11,170 $44,690
2021 $3,082 $48,750 $9,750 $39,000
2020 $3,035 $44,770 $8,950 $35,820
2019 $594 $7,635 $7,635 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Cunningham

    Seller's Agent in 2024

    Brian Cunningham

    eXp Realty

    (480) 370-6160

    10 in this area

    190 Total Sales

    Brian Cunningham
    Section Image

  • R

    Buyer's Agent in 2024

    Ryan Scow

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6701849

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-27-287

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3721 E Arabian Dr, 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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