NOT LISTED FOR SALE

3743 E Arabian Dr Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $1,649,000 - $1,668,000

6 Beds
4.5 Baths
4,801 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $799,000 $166 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,064/month

8 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom
  • Finley Farms Elementary School Rated A-
  • Double Pane Windows
  • 4-minute walk to Appaloosa Park

About This Home

As of July 2020

New built, never lived home, still under builder's warranty for sale in Lakeview Trails at Morrison Ranch. Too many upgrades to list. Owner spent $126,264.00 for upgrades. Too many upgrades to list. Close to shopping San Tan Mall, 202 freeway, lakes and A rated schools.

Last Agent to Sell the Property

Dilek Ellingboe

Realty ONE Group License #SA638880000 Listed on: 06/18/2020

Last Buyer's Agent

Tara Hayden

Redfin Corporation License #BR649272000

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 2019

Lot Details

  • 9,747 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,801 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance
  • Morrison Ranch HOA, Phone Number (833) 301-4538
  • Built by Maracay
  • Lakeview Trails Southwest At Morrison Ranch Subdivision

Listing and Financial Details

  • Tax Lot 285
  • Assessor Parcel Number 313-27-285

Home Details

Home Type

Single Family

Est. Annual Taxes

$561

Year Built

Built in 2019

Lot Details

0

HOA Fees

$112 per month

Parking

4

Listing Details

  • Cross Street: Higley and Warner
  • 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: 112.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2019
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: LAKEVIEW TRAILS SOUTHWEST AT MORRISON RANCH
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 166.42
  • Association Fees:HOA Fee2: 336.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 4801.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 336.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch HOA
  • Phone: 833-301-4538
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

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: 9747.0
  • Parcel #: 313-27-285

Building Info

  • Builder Name: Maracay

Tax Info

  • Tax Annual Amount: 561.0
  • Tax Book Number: 313.00
  • Tax Lot: 285
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Herron Matthew D and Herron Stacey T
Bought by
Stacey T Kusaba And Matthew D Herron Family T
Current Estimated Value
$1,656,063

Purchase Details

Closed on
Nov 14, 2020
Sold by
Herron Matthew D and Kusaba Stacey T
Bought by
Herron Matthew D and Kusaba Stacey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 21, 2020
Sold by
Salim Basir and Salim Muhammad
Bought by
Herron Matthew D and Kusaba Stacey T
Seller's Agent
Dilek Ellingboe
Realty ONE Group
Buyer's Agent
Tara Hayden
Redfin Corporation
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%
Original Mortgage
$612,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2019
Sold by
Maracay Homes 91 Llc
Bought by
Basir Salim Muhammad Mujahid and Basir Salim Amatal
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
Stacey T Kusaba And Matthew D Herron Family T -- --
Herron Matthew D -- Servicelink
Herron Matthew D $799,000 Old Republic Title Agency
Basir Salim Muhammad Mujahid $731,664 Carefree Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herron Matthew D $100,000
Previous Owner Herron Matthew D $612,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $799,000 0.0% $166 / Sq Ft
06/18/2020 06/18/20 For Sale $799,000 -- $166 / 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 $3,617 $45,045 -- --
2024 $3,480 $42,900 -- --
2023 $3,480 $75,870 $15,170 $60,700
2022 $3,964 $62,730 $12,540 $50,190
2021 $4,070 $54,800 $10,960 $43,840
2020 $4,010 $49,710 $9,940 $39,770
2019 $561 $7,245 $7,245 $0
Source: Public Records

Agents Affiliated with this Home

  • Dilek Ellingboe

    Seller's Agent in 2020

    Dilek Ellingboe

    Realty One Group

    (480) 233-1085

    49 Total Sales

    Dilek Ellingboe
    Section Image

  • T

    Buyer's Agent in 2020

    Tara Hayden

    Redfin Corporation

    Tara Hayden
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6094227

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-27-285

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3743 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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