NOT LISTED FOR SALE

3848 E Morrison Ranch Pkwy Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $687,528 - $758,000

4 Beds
2 Baths
2,326 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $320,000 $138 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,299/month

About This Home

As of February 2014

Single LEVEL, OVER 2000 SQ Ft, MORRISON RANCH, ALL RARE FINDS! This home is located on a beautiful tree lined streets of Morrison Ranch in Gilbert. A wonderful floor plan that will fit the needs of any household. 4 bedroom split floor plan plus a den/home office.The large open kitchen features, Stainless steel appliances w/gas cook top, large breakfast bar and Granite counters. The kitchen opens to large family room, a perfect gathering place. The large interior doors, 10' foot ceilings, designer fixtures, all provide a luxury feel. Back yard is park like setting extended pavers patio and a grass ''island'' Take advantage of the energy savings of a Single Level home.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 17, 2014
Sold by
Martinez Michael H and Coleman Robin Kay
Bought by
Valco Homes Llc
Seller's Agent
Jean Coleman
Presidential Realty, LLC
Buyer's Agent
Lou Osborn Jr
Arizona Property Brokerage
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$723,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,382
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Jul 15, 2008
Sold by
Tm Homes Of Arizona Inc
Bought by
Martinez Michael H and Coleman Robin Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Valco Homes Llc $320,000 Driggs Title Agency Inc
Martinez Michael H $305,000 First American Title Ins Co
Tm Homes Of Arizona Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Michael H $238,625
Previous Owner Martinez Michael H $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Rented $1,750 0.0% --
04/19/2014 04/19/14 Under Contract -- -- --
03/15/2014 03/15/14 For Rent $1,750 0.0% --
02/20/2014 02/20/14 Sold $320,000 -1.5% $138 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $325,000 -- $140 / Sq Ft

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 $3,223 $35,483 -- --
2024 $3,229 $33,793 -- --
2023 $3,229 $48,620 $9,720 $38,900
2022 $3,143 $37,150 $7,430 $29,720
2021 $3,250 $33,650 $6,730 $26,920
2020 $3,200 $32,380 $6,470 $25,910
2019 $2,970 $29,610 $5,920 $23,690
2018 $2,867 $28,120 $5,620 $22,500
2017 $2,775 $27,200 $5,440 $21,760
2016 $2,846 $27,820 $5,560 $22,260
2015 $2,592 $27,170 $5,430 $21,740
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lou Osborn Jr

    Arizona Property Brokerage

    (602) 359-5751

    30 Total Sales

    Lou Osborn Jr
    Section Image
  • Jean Coleman

    Seller's Agent in 2014

    Jean Coleman

    Presidential Realty, LLC

    Section Image

  • J

    Buyer's Agent in 2014

    Jon Weeks

    Barrett Real Estate

    (480) 688-8857

    Jon Weeks
    Section Image
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Map

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3848 E Morrison Ranch Pkwy, Gilbert, AZ

This home is located at 3848 E Morrison Ranch Pkwy, Gilbert, AZ 85296 and is currently estimated at $723,382, approximately $310 per square foot. 3848 E Morrison Ranch Pkwy 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.

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