NOT LISTED FOR SALE

3873 E Melrose St Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $528,676 - $578,000

5 Beds
3 Baths
2,523 Sq Ft
$216/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $350,000 $139 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,097/month

15 Days on Market

Highlights

  • Community Lake
  • Community Pool
  • Eat-In Kitchen
  • Centennial Elementary School Rated A
  • Tennis Courts
  • Security System Owned

About This Home

As of March 2020

Built in 2006, this two-story Gilbert home offers tile flooring, an island kitchen with Corian countertops, stainless steel appliances, and a pantry, a master suite with a walk-in closet and separate tub and shower in the private bath, and a two-car garage.

Last Agent to Sell the Property

Jacqueline Moore

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #SA662341000 Listed on: 01/30/2020

Last Buyer's Agent

Jeff Myal

eXp Realty License #SA654516000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 2006

Lot Details

  • 4,090 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Schools

  • Centennial Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 304-59-400

Community Details

Overview

  • Association fees include ground maintenance
  • Power Ranch Community Association, Phone Number (480) 921-7500
  • Built by Richmond American
  • Power Ranch Neighborhood 10 Parcel F Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 2006

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 83.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2019
  • 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: 138.72
  • Association Fees:HOA Fee2: 249.0
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2523.0
  • Stories: 2
  • 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
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Community Spa, Community Pool, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 249.0
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch Community Association
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch Community Association
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Centennial Elementary School
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4090.0
  • Parcel #: 304-59-400

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 2086.0
  • Tax Book Number: 304.00
  • Tax Lot: 58
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Mar 19, 2020
Sold by
Opendoor Property Trust I
Bought by
Klauba James and Klauba Malatita
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Jeff Myal
eXp Realty
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$544,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,919
Avg. Annual Appreciation
7.96%
Original Mortgage
$262,500
Outstanding Balance
$232,038
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$312,881

Purchase Details

Closed on
Jan 17, 2020
Sold by
Hiser Dale
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Feb 15, 2014
Closed on
Jun 24, 2014
Sold by
Fisher Matthew A
Bought by
Fisher Susan M
Seller's Agent
Susan Fisher
Call Realty, Inc.
Buyer's Agent
John Beckstrom
HomeSmart
List Price
$284,900
Sold Price
$260,000
Premium/Discount to List
-$24,900
-8.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$239,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2014
Closed on
May 21, 2014
Sold by
Hiser Michelle
Bought by
Hiser Dale
Seller's Agent
Susan Fisher
Call Realty, Inc.
Buyer's Agent
John Beckstrom
HomeSmart
List Price
$284,900
Sold Price
$260,000
Premium/Discount to List
-$24,900
-8.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2014
Sold by
Herring Anthony J and Herring Sparkle T
Bought by
Fisher Susan M

Purchase Details

Closed on
Mar 22, 2007
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Herring Anthony J and Herring Sparkle T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,684
Interest Rate
6.29%
Mortgage Type
VA
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
Klauba James $350,000 Os National Llc
Opendoor Property Trust I $326,800 Os National Llc
Fisher Susan M -- First American Title Ins Co
Hiser Dale -- First American Title Ins Co
Hiser Dale $260,000 First American Title Ins Co
Fisher Susan M $211,000 None Available
Herring Anthony J $294,684 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klauba James $262,500
Previous Owner Fisher Susan M $239,000
Previous Owner Hiser Dale $239,000
Previous Owner Herring Anthony J $294,684
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2020 03/20/20 Sold $350,000 0.0% $139 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $350,000 +34.6% $139 / Sq Ft
06/27/2014 06/27/14 Sold $260,000 0.0% $103 / Sq Ft View Prior Sale
05/15/2014 05/15/14 Price Changed $260,000 -0.7% $103 / Sq Ft
05/07/2014 05/07/14 Price Changed $261,900 -0.8% $104 / Sq Ft
04/22/2014 04/22/14 Price Changed $263,900 -0.8% $105 / Sq Ft
04/08/2014 04/08/14 Price Changed $265,900 -1.3% $105 / Sq Ft
03/31/2014 03/31/14 Price Changed $269,500 -2.5% $107 / Sq Ft
03/27/2014 03/27/14 Price Changed $276,500 -0.8% $110 / Sq Ft
03/06/2014 03/06/14 Price Changed $278,800 -0.4% $111 / Sq Ft
02/19/2014 02/19/14 Price Changed $279,900 -1.8% $111 / Sq Ft
02/15/2014 02/15/14 For Sale $284,900 -- $113 / 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 $2,002 $27,036 -- --
2024 $2,146 $25,748 -- --
2023 $2,146 $39,580 $7,910 $31,670
2022 $2,051 $29,610 $5,920 $23,690
2021 $2,113 $27,470 $5,490 $21,980
2020 $2,521 $26,300 $5,260 $21,040
2019 $2,086 $23,820 $4,760 $19,060
2018 $2,012 $22,430 $4,480 $17,950
2017 $1,939 $21,070 $4,210 $16,860
2016 $1,974 $21,130 $4,220 $16,910
2015 $1,722 $21,150 $4,230 $16,920
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jacqueline Moore

    Opendoor Brokerage, LLC

    Section Image
  • Jeff Myal

    Buyer's Agent in 2020

    Jeff Myal

    eXp Realty

    (480) 580-4250

    49 Total Sales

    Jeff Myal
    Section Image

  • S

    Seller's Agent in 2014

    Susan Fisher

    Call Realty, Inc.

    1 in this area

    12 Total Sales

    Susan Fisher
    Section Image

  • J

    Buyer's Agent in 2014

    John Beckstrom

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6030661

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-59-400

Arizona Maricopa County Gilbert 85297 Power Ranch

3873 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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