$560,000
SOLD FEB 20, 2025
4 Beds
2 Baths
2,074 Sq Ft
7,601 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

6% Below List Price

140 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Tile Flooring
  • Carol Rae Ranch Elementary Rated A-
  • Dual Vanity Sinks in Primary Bathroom
  • 4-minute walk to Carol Rae Park

About This Home

As of February 2025

Beautifully Remodeled Single-Level Home in Desirable Gilbert Location! This stunning single-level home features 4 bedrooms, 2 bathrooms, and a 2-car garage in the quiet community of Carol Rae Ranch. Recently remodeled, the home showcases new wood tile floors, baseboards, carpet, fresh interior paint, updated hardware, and more. The kitchen boasts modern updates, including new quartz countertops, freshly painted cabinets, and stainless steel appliances, making it both stylish and functional. Conveniently located with quick access to State Routes 202 and 60, this home is near excellent schools, hiking and biking paths, shopping, dining, and all the amenities that make Gilbert such a sought-after location.

Last Agent to Sell the Property

Nate Randleman

Keller Williams Realty East Valley License #BR563735000 Listed on: 08/29/2024

Keller Williams Realty East Valley

Co-Listed By

Missy Spoon

Keller Williams Realty East Valley License #SA545671000

Last Buyer's Agent

Marisol Munoz Castro

Coldwell Banker Realty License #SA555727000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1996

Lot Details

  • 7,601 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,074 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Kitchen Updated in 2024
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Floors Updated in 2024
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2024
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Carol Rae Ranch Elementary School
  • Highland Jr High Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Carol Rae Ranch Association, Phone Number (480) 539-1396
  • Built by Continental Homes
  • Carol Rae Ranch Subdivision

Listing and Financial Details

  • Tax Lot 469
  • Assessor Parcel Number 304-07-511

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,955

Year Built

Built in 1996

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Cross Street: Higley Rd and Baseline Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 48.33
  • Basement: N
  • Bathrooms Year Updated: 2024
  • Items Updated Floor Yr Updated: 2024
  • Items Updated Kitchen Yr Updated: 2024
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: CAROL RAE RANCH
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 145.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2074.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • 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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 145.0
  • Association Fee Frequency: Quarterly
  • Association Name: Carol Rae Ranch
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Carol Rae Ranch
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 145.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 185.0
  • Association Fees:Other Fees Description: Resale
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Carol Rae Ranch Elementary
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7601.0
  • Parcel #: 304-07-511

Building Info

  • Builder Name: Continental Homes

Tax Info

  • Tax Annual Amount: 1955.0
  • Tax Book Number: 304.00
  • Tax Lot: 469
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Feb 18, 2025
Sold by
Ncr Investments Llc
Bought by
Oliveros David
Seller's Agent
Nate Randleman
Keller Williams Realty East Valley
Buyer's Agent
Marisol Munoz Castro
Coldwell Banker Realty
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Views
39
Current Estimated Value
$553,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,711
Avg. Annual Appreciation
-1.35%
Original Mortgage
$549,857
Outstanding Balance
$547,546
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$8,344

Purchase Details

Closed on
Jul 22, 2024
Sold by
Payne Richard D and Payne Douglas
Bought by
Ncr Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1996
Sold by
Continental Homes Inc
Bought by
Payne Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1996
Sold by
Chi Construction Company
Bought by
Continental Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
7.8%
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 Type Sale Price Title Company
Warranty Deed $560,000 Fidelity National Title Agency
Warranty Deed $289,337 Capital Title
Corporate Deed $136,937 First American Title
Corporate Deed -- First American Title
Corporate Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $549,857 FHA
Previous Owner $405,000 New Conventional
Previous Owner $140,197 New Conventional
Previous Owner $131,000 Unknown
Previous Owner $40,000 Stand Alone Second
Previous Owner $140,000 Unknown
Previous Owner $123,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $560,000 0.0% $270 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/10/2025 01/10/25 Price Changed $560,000 -2.6% $270 / Sq Ft
11/20/2024 11/20/24 Price Changed $575,000 -1.7% $277 / Sq Ft
10/16/2024 10/16/24 Price Changed $585,000 -0.8% $282 / Sq Ft
09/12/2024 09/12/24 Price Changed $590,000 -0.8% $284 / Sq Ft
08/29/2024 08/29/24 For Sale $595,000 -- $287 / 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 $1,943 $25,812 -- --
2024 $1,955 $24,583 -- --
2023 $1,955 $40,410 $8,080 $32,330
2022 $1,894 $30,900 $6,180 $24,720
2021 $1,989 $29,080 $5,810 $23,270
2020 $1,958 $27,160 $5,430 $21,730
2019 $1,808 $25,000 $5,000 $20,000
2018 $1,760 $23,450 $4,690 $18,760
2017 $1,703 $21,980 $4,390 $17,590
2016 $1,728 $21,270 $4,250 $17,020
2015 $1,577 $20,780 $4,150 $16,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6750086

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-511