NOT LISTED FOR SALE

3868 E Melrose St Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $539,763 - $602,000

5 Beds
3 Baths
2,523 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $537,800 $213 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,216/month

6 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Heated Community Pool
  • Centennial Elementary School Rated A
  • Private Yard
  • Tennis Courts

About This Home

As of August 2021

Wow!! This highly updated home in the sought after Power Ranch neighborhood is simply stunning. Community features 2 pools, splash pad, tennis and basketball courts, catch and release fishing ponds and is minutes away from shopping, Mesa Gateway Airport, ASU East campus EVIT and LDS Temple which can be seen from back of home. This home is situated on a corner lot with a greenbelt to the back and side of the home, and in close proximity to the canal. This home offers Upgraded flooring throughout, 7 inch base boards, quartz counters in kitchen and baths, upgraded lighting fixtures, Newer paint inside and out, Plantation shutters throughout, and an array of distinctive design features that add originality to this already beautiful home.

Last Agent to Sell the Property

Arthur Chapman

Good Oak Real Estate License #SA658259000 Listed on: 06/30/2021

Good Oak Real Estate

Last Buyer's Agent

Pratibha Gupta

Move Reward Realty License #SA649713000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 2006

Lot Details

  • 4,090 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Power Ranch Elementary School
  • Centennial Elementary Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating Available
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 304-59-402

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Prca Association, Phone Number (480) 988-0960
  • Built by Richmond American Homes
  • Power Ranch Neighborhood 10 Parcel F Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,154

Year Built

Built in 2006

Lot Details

0

HOA Fees

$87 per month

Parking

2

Listing Details

  • Cross Street: Ranch House Parkway and Germann
  • 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: 86.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 10 PARCEL F
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 213.16
  • Association Fees:HOA Fee2: 260.0
  • 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
  • Features:Water Purifier: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Vinyl, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Water Purifier
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2523.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • 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
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail, Vicinity of an Airport
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Common
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Common: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 260.0
  • Association Fee Frequency: Quarterly
  • Association Name: PRCA
  • Phone: 480-988-0960
  • 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: PRCA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Power Ranch Elementary
  • High School: Higley High School
  • Middle Or Junior School: Centennial Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4090.0
  • Parcel #: 304-59-402

Building Info

  • Builder Name: Richmond American Homes

Tax Info

  • Tax Annual Amount: 2154.0
  • Tax Book Number: 304.00
  • Tax Lot: 60
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jul 20, 2021
Sold by
Conn Larry G and Conn Marie N
Bought by
Joshi Shounak and Joshi Gauri
Seller's Agent
Arthur Chapman
Good Oak Real Estate
Buyer's Agent
Pratibha Gupta
Move Reward Realty
List Price
$490,000
Sold Price
$537,800
Premium/Discount to List
$47,800
9.76%
Current Estimated Value
$563,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,891
Avg. Annual Appreciation
1.05%
Original Mortgage
$425,000
Outstanding Balance
$386,209
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$177,482

Purchase Details

Closed on
Oct 15, 2018
Sold by
Grimes James and Grimes Taree
Bought by
Conn Larry G and Conn Marie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2009
Sold by
Grimes Nacole M
Bought by
Grimes James and Grimes Taree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,690
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2007
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Grimes James T and Grimes Taree M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,121
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records
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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
Joshi Shounak $537,800 Greystone Title Agency Llc
Conn Larry G $336,000 United Title Agency Llc
Grimes James -- First American Title Ins Co
Grimes James T $280,152 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Shounak $425,000
Previous Owner Conn Larry G $268,800
Previous Owner Grimes James $272,690
Previous Owner Grimes James T $224,121
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $537,800 +9.8% $213 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $490,000 -- $194 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,424 $27,036 -- --
2024 $2,146 $25,748 -- --
2023 $2,146 $39,850 $7,970 $31,880
2022 $2,051 $30,060 $6,010 $24,050
2021 $2,113 $27,660 $5,530 $22,130
2020 $2,154 $26,600 $5,320 $21,280
2019 $2,086 $24,170 $4,830 $19,340
2018 $2,012 $22,750 $4,550 $18,200
2017 $1,939 $21,070 $4,210 $16,860
2016 $1,937 $21,510 $4,300 $17,210
2015 $1,722 $21,150 $4,230 $16,920
Source: Public Records

Agents Affiliated with this Home

  • Arthur Chapman

    Seller's Agent in 2021

    Arthur Chapman

    Good Oak Real Estate

    (480) 720-0104

    1 in this area

    9 Total Sales

    Arthur Chapman
    Section Image

  • P

    Buyer's Agent in 2021

    Pratibha Gupta

    Move Reward Realty

    (480) 499-3637

    2 in this area

    7 Total Sales

    Pratibha Gupta
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6257813

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-59-402

Arizona Maricopa County Gilbert 85297 Power Ranch

3868 E Melrose 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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