NOT LISTED FOR SALE

3840 E Spring Wheat Ln Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $622,544 - $713,000

3 Beds
3 Baths
1,964 Sq Ft
$341/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $695,000 $354 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,852/month

8 Days on Market

Highlights

  • Community Lake
  • Granite Countertops
  • Double Pane Windows
  • Finley Farms Elementary School Rated A-
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of April 2022

Newly Built! Stunning 3 bedroom, plus den & 3 full bath home in coveted Lakeview Trails at Morrison Ranch. Over 80K in Upgrades throughout including wood plank tile floor, plantation shutters everywhere, designer paint and finishes & fixtures. Gourmet Kitchen with stacked cabinets, granite counters, custom tiled backsplash, and high end stainless appliances including gas cooktop, wall oven and a bar area with wine fridge. Kitchen is open to the great room with custom built fire place. Split floorplan where the Owners' suite features en-suite bath with HUGE SPA walk-in shower, double sinks and walk in closet. Located in beautiful community with many amenities totally move in ready!

Last Agent to Sell the Property

Celina Acosta

Real Broker License #SA572341000 Listed on: 03/25/2022

Real Broker

Last Buyer's Agent

Joseph Carroll

Barrett Real Estate License #SA635028000

Barrett Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $646

Year Built

  • Built in 2021

Lot Details

  • 6,000 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 687
  • Assessor Parcel Number 313-31-327

Community Details

Overview

  • Association fees include (see remarks)
  • Morrison Ranch Association, Phone Number (480) 892-2267
  • Built by Fulton
  • Lakeview Trails Southeast At Morrison Ranch Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$646

Year Built

Built in 2021

Lot Details

0

HOA Fees

$112 per month

Parking

3

Listing Details

  • Cross Street: Warner & Higley
  • 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
  • Cooling HVAC SEER Rating: 16
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2021
  • Tax Year: 2021
  • Directions: Go East to Cole then turn Right into Spring Wheat Ln continue East to Property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: LAKEVIEW TRAILS SOUTHEAST AT MORRISON RANCH
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 336.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 1964.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, ENERGY STAR Qualified Windows
  • 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
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back, Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

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

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch
  • Association Fees:HOA Telephone4: 480-892-2267
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

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: 6000.0
  • Parcel #: 313-31-327

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Fulton

Tax Info

  • Tax Annual Amount: 646.0
  • Tax Book Number: 313.00
  • Tax Lot: 687
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 12, 2022
Sold by
Holt and Glenda
Bought by
Jlh Family Trust
Seller's Agent
Celina Acosta
Real Broker
Buyer's Agent
Joseph Carroll
Barrett Real Estate
List Price
$675,000
Sold Price
$695,000
Premium/Discount to List
$20,000
2.96%
Current Estimated Value
$669,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,114
Avg. Annual Appreciation
-1.06%
Original Mortgage
$556,000
Outstanding Balance
$524,772
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$145,114

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 11, 2022
Sold by
Holt and Glenda
Bought by
Jlh Family Trust
Seller's Agent
Celina Acosta
Real Broker
Buyer's Agent
Joseph Carroll
Barrett Real Estate
List Price
$675,000
Sold Price
$695,000
Premium/Discount to List
$20,000
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Outstanding Balance
$524,772
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$145,114

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 9, 2022
Sold by
Luis Veliz Cuauhtemoc and Luis Guadalupe Pilar
Bought by
Holt John and Holt Glenda
Seller's Agent
Celina Acosta
Real Broker
Buyer's Agent
Joseph Carroll
Barrett Real Estate
List Price
$675,000
Sold Price
$695,000
Premium/Discount to List
$20,000
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Outstanding Balance
$524,772
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$145,114

Purchase Details

Closed on
Mar 1, 2021
Sold by
Fulton Homes Sales Corporation
Bought by
Veliz Cuauhtemoc Luis and De La Fuente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,797
Interest Rate
2.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jlh Family Trust -- Great American Title
Jlh Family Trust -- Great American Title
Holt John $695,000 Great American Title
Veliz Cuauhtemoc Luis $552,418 First American Title
Fulton Homes Sales Corporation $430,984 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jlh Family Trust $556,000
Closed Jlh Family Trust $556,000
Closed Holt John $556,000
Previous Owner Veliz Cuauhtemoc Luis $524,797
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $695,000 +3.0% $354 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $675,000 -- $344 / 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 $2,263 $29,976 -- --
2024 $2,297 $28,549 -- --
2023 $2,297 $43,800 $8,760 $35,040
2022 $2,236 $38,080 $7,610 $30,470
2021 $646 $9,900 $9,900 $0
2020 $637 $9,180 $9,180 $0
Source: Public Records

Agents Affiliated with this Home

  • Celina Acosta

    Seller's Agent in 2022

    Celina Acosta

    Real Broker

    (602) 413-2951

    1 in this area

    97 Total Sales

    Celina Acosta
    Section Image
  • Joseph Carroll

    Buyer's Agent in 2022

    Joseph Carroll

    Barrett Real Estate

    (480) 620-4118

    2 in this area

    129 Total Sales

    Joseph Carroll
    Section Image

  • J

    Buyer's Agent in 2022

    Joe Carroll

    HomeSmart

  • S

    Buyer Co-Listing Agent in 2022

    Sariah Crandall

    Coldwell Banker Realty

    (480) 215-1515

    1 in this area

    39 Total Sales

    Sariah Crandall
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6371816

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-31-327

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3840 E Spring Wheat Ln, Gilbert, AZ

This home is located at 3840 E Spring Wheat Ln, Gilbert, AZ 85296 since 25 March 2022 and is currently estimated at $669,886, approximately $341 per square foot. This property was built in 2021. 3840 E Spring Wheat Ln is a home located in Maricopa County with nearby schools including Finley Farms 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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