NOT LISTED FOR SALE

3731 E Palo Verde St Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $776,000 - $874,000

5 Beds
3 Baths
3,242 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $729,000 $225 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,840/month

12 Days on Market

Highlights

  • RV Gated
  • Community Lake
  • Private Yard
  • Greenfield Elementary School Rated A-
  • Granite Countertops
  • Tennis Courts

About This Home

As of September 2021

Come see this stunning 5 bedroom, 3 full bath, den, plus a loft in the highly sought-after Lakeview Trails at Morrison Ranch. Home includes 10 foot downstairs ceilings and 9 foot upstairs ceilings. Kitchen w/ stainless appliances, huge island, double door pantry, and built in desk area. First floor bedroom/full bath makes great guest/in-law suite. Upstairs loft opens to large covered patio with North exposure. MBR is split from other 3 BRS and allows for larger furniture and sitting area, giant walk-in closet. Oversized bedroom 3. Large upstairs laundry room. Tile wood flooring, new carpet, exterior recently painted, soft H2O. Near 2 large lake parks, multiple walking paths, recreational areas, and views of the famous silos.

Last Agent to Sell the Property

Jared Brooks

Vest Realty, LLC License #BR537093000 Listed on: 08/03/2021

Last Buyer's Agent

Matthew Veronica

Real Broker License #SA661826000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 2011

Lot Details

  • 7,800 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • 2 Carport Spaces
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stucco

Interior Spaces

  • 3,242 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • 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

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Playground

Schools

  • Greenfield Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • No or Low VOC Paint or Finish

Listing and Financial Details

  • Tax Lot 521
  • Assessor Parcel Number 304-19-546

Community Details

Overview

  • Association fees include ground maintenance
  • Morrison Association, Phone Number (480) 921-7500
  • Built by Ashton Woods
  • Lakeview Trails North At Morrison Ranch Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,315

Year Built

Built in 2011

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Cross Street: Higley/ Elliot
  • 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: 107.67
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2011
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: LAKEVIEW TRAILS NORTH AT MORRISON RANCH
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 224.86
  • Association Fees:HOA Fee2: 323.0
  • 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
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3242.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, Vinyl Frame
  • 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
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Balcony, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Low VOC Paint, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 323.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 384.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Greenfield Elementary School
  • 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: 7800.0
  • Parcel #: 304-19-546

Building Info

  • Builder Name: Ashton Woods

Tax Info

  • Tax Annual Amount: 3315.0
  • Tax Book Number: 304.00
  • Tax Lot: 521
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Oct 15, 2021
Sold by
Hixson Jeffery Tyler
Bought by
Hixson Living Trust and Hixson
Seller's Agent
Jared Brooks
Vest Realty, LLC
Buyer's Agent
Matthew Veronica
Real Broker
List Price
$740,000
Sold Price
$729,000
Premium/Discount to List
-$11,000
-1.49%
Current Estimated Value
$847,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,698
Avg. Annual Appreciation
2.90%
Original Mortgage
$572,000
Outstanding Balance
$528,035
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$295,716

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 15, 2021
Sold by
Hixson Rachel
Bought by
Hixson Jeffery Tyler
Seller's Agent
Jared Brooks
Vest Realty, LLC
Buyer's Agent
Matthew Veronica
Real Broker
List Price
$740,000
Sold Price
$729,000
Premium/Discount to List
-$11,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$528,035
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$295,716

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 13, 2021
Sold by
Brooks Jared and Brooks Sarah
Bought by
Hixson Jeffery Tyler
Seller's Agent
Jared Brooks
Vest Realty, LLC
Buyer's Agent
Matthew Veronica
Real Broker
List Price
$740,000
Sold Price
$729,000
Premium/Discount to List
-$11,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$528,035
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$295,716

Purchase Details

Listed on
Feb 5, 2014
Closed on
Apr 25, 2014
Sold by
Elkins Justin B and Elkins Rebecca E
Bought by
Brooks Jared and Brooks Sarah
Seller's Agent
Bettye Fort
Realty ONE Group
Buyer's Agent
Jared Brooks
Vest Realty, LLC
List Price
$384,900
Sold Price
$363,000
Premium/Discount to List
-$21,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$79,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2011
Sold by
Ashton Woods Arizona Llc
Bought by
Elkins Justin B and Elkins Rebecca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,327
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2010
Sold by
Stark Lake View Land Corp
Bought by
Ashton Woods Arizona Llc
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
Hixson Living Trust -- None Listed On Document
Hixson Jeffery Tyler -- Stewart Ttl & Tr Of Phoenix
Hixson Jeffery Tyler $720,000 Stewart Ttl & Tr Of Phoenix
Brooks Jared $363,000 Clear Title Agency Of Arizon
Elkins Justin B $291,059 First American Title Ins Co
Ashton Woods Arizona Llc $286,200 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hixson Jeffery Tyler $572,000
Closed Hixson Jeffery Tyler $107,250
Previous Owner Brooks Jared $79,000
Previous Owner Elkins Justin B $282,327
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2021 09/16/21 Sold $729,000 0.0% $225 / Sq Ft
08/13/2021 08/13/21 Price Changed $729,000 -1.5% $225 / Sq Ft
08/02/2021 08/02/21 For Sale $740,000 +103.9% $228 / Sq Ft
05/23/2014 05/23/14 Sold $363,000 -1.6% $112 / Sq Ft View Prior Sale
04/25/2014 04/25/14 Pending -- -- --
04/18/2014 04/18/14 Price Changed $369,000 -2.6% $114 / Sq Ft
03/24/2014 03/24/14 Price Changed $379,000 -1.5% $117 / Sq Ft
03/12/2014 03/12/14 For Sale $384,900 +6.0% $119 / Sq Ft
03/07/2014 03/07/14 Off Market $363,000 -- --
02/24/2014 02/24/14 Price Changed $384,900 -1.1% $119 / Sq Ft
02/05/2014 02/05/14 For Sale $389,000 -- $120 / 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 $3,485 $43,497 -- --
2024 $3,340 $41,426 -- --
2023 $3,340 $57,270 $11,450 $45,820
2022 $3,236 $43,160 $8,630 $34,530
2021 $3,371 $40,720 $8,140 $32,580
2020 $3,315 $37,510 $7,500 $30,010
2019 $3,045 $34,770 $6,950 $27,820
2018 $2,931 $33,670 $6,730 $26,940
2017 $2,830 $32,970 $6,590 $26,380
2016 $2,856 $34,000 $6,800 $27,200
2015 $2,666 $33,370 $6,670 $26,700
Source: Public Records

Agents Affiliated with this Home

  • Jared Brooks

    Seller's Agent in 2021

    Jared Brooks

    Vest Realty, LLC

    (480) 688-7115

    3 in this area

    69 Total Sales

    Jared Brooks
    Section Image

  • M

    Buyer's Agent in 2021

    Matthew Veronica

    Real Broker

    (480) 593-8800

    3 in this area

    245 Total Sales

    Matthew Veronica
    Section Image
  • Bettye Fort

    Seller's Agent in 2014

    Bettye Fort

    Realty One Group

    (480) 329-6414

    71 Total Sales

    Bettye Fort
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6273332

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-19-546

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3731 E Palo Verde St, 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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