NOT LISTED FOR SALE

3840 E Palo Verde St Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $891,000 - $900,000

5 Beds
4 Baths
3,338 Sq Ft
$268/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $830,000 $249 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,251/month

35 Days on Market

Highlights

  • Private Pool
  • Community Lake
  • 3 Car Direct Access Garage
  • Greenfield Elementary School Rated A-
  • Granite Countertops
  • Fireplace

About This Home

As of November 2021

Come see this beautiful 5 bedroom home in the highly sought after Lakeview Trails at Morrison Ranch community. This large home has a formal living, dining, and family room. 5th bedroom downstairs could also be used as an office. The large kitchen with breakfast bar, double ovens and gas range top is a chef's dream. Upstairs opens to a huge loft with plenty of space to entertain. The large master bedroom with en suite bathroom and dual closets have plenty of room for all your things. 3 additional bedroom and 2 baths, including a jack and Jill bathroom complete the upstairs living area. Outside, enjoy your quiet backyard oasis with a sparkling pool complete with fire pit and built in grill. Beautiful landscaping with mature citrus trees provide plenty of privacy. Don't miss this house!

Last Agent to Sell the Property

Mark Monick

HomeSmart License #SA682332000 Listed on: 09/26/2021

HomeSmart

Last Buyer's Agent

Justin Cook

RE/MAX Solutions License #BR520620000

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 2011

Lot Details

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

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,338 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Fireplace
  • Security System Owned

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
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Patio
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 402
  • Assessor Parcel Number 304-19-427

Community Details

Overview

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

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,382

Year Built

Built in 2011

Lot Details

0

HOA Fees

$112 per month

Parking

3

Listing Details

  • Cross Street: Recker & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 112.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2011
  • Tax Year: 2021
  • Directions: South on Recker go through Elliot, west on Morrison Ranch Parkway South on Highland Glen west on Palo Verde. 4th house on the right. Please note there is no sign on the property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: LAKEVIEW TRAILS NORTH AT MORRISON RANCH
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 336.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3338.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 336.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch CC
  • Phone: 480-892-2267
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 382.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch CC
  • Association Fees:HOA Telephone4: (480)892-2267
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 224.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: CMCC
  • Association Fees:HOA Management Phone: (480)921-7500

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 #: 304-19-427

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 3382.0
  • Tax Book Number: 304.00
  • Tax Lot: 402
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2021
Closed on
Nov 23, 2021
Sold by
Baez Brenda I and The Brenda I Baez Trust
Bought by
Reed Robert and Reed Jill
Seller's Agent
Mark Monick
HomeSmart
Buyer's Agent
Justin Cook
RE/MAX Solutions
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Current Estimated Value
$893,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,552
Avg. Annual Appreciation
2.60%
Original Mortgage
$705,500
Outstanding Balance
$655,029
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$258,764

Purchase Details

Closed on
Jan 28, 2021
Sold by
Baez Brenda I
Bought by
Baez Brenda I and The Brenda I Baez Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2018
Sold by
Baez Brenda
Bought by
Baez Brenda I and Brenda I Baez Trust

Purchase Details

Closed on
Jan 19, 2012
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Baez Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,507
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Reed Robert $830,000 Clear Title Agency Of Az
Baez Brenda I -- Accommodation
Baez Brenda I -- Driggs Title Agency Inc
Baez Brenda I -- None Available
Baez Brenda $304,220 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Robert $705,500
Previous Owner Baez Brenda I $312,000
Previous Owner Baez Brenda $325,600
Previous Owner Baez Brenda $28,897
Previous Owner Baez Brenda $297,937
Previous Owner Baez Brenda $296,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $830,000 -2.3% $249 / Sq Ft
10/29/2021 10/29/21 Price Changed $849,900 -2.9% $255 / Sq Ft
09/26/2021 09/26/21 For Sale $875,000 -- $262 / 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 $3,347 $43,648 -- --
2024 $3,354 $41,569 -- --
2023 $3,354 $60,430 $12,080 $48,350
2022 $3,249 $46,150 $9,230 $36,920
2021 $3,382 $41,360 $8,270 $33,090
2020 $3,327 $40,260 $8,050 $32,210
2019 $3,055 $37,550 $7,510 $30,040
2018 $2,941 $35,870 $7,170 $28,700
2017 $2,840 $34,820 $6,960 $27,860
2016 $2,939 $36,400 $7,280 $29,120
2015 $2,675 $35,800 $7,160 $28,640
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark Monick

    HomeSmart

    Section Image
  • Justin Cook

    Buyer's Agent in 2021

    Justin Cook

    RE/MAX

    (602) 405-2665

    6 in this area

    189 Total Sales

    Justin Cook
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6301619

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-19-427

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3840 E Palo Verde St, Gilbert, AZ

This home is located at 3840 E Palo Verde St, Gilbert, AZ 85296 since 26 September 2021 and is currently estimated at $893,552, approximately $267 per square foot. This property was built in 2011. 3840 E Palo Verde St is a home located in Maricopa County with nearby schools including Greenfield Elementary School, Greenfield Junior High School, and Highland High 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.

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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