NOT LISTED FOR SALE

3885 E Melrose St Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $420,000 - $432,000

3 Beds
2 Baths
1,294 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $163,700 $127 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,444/month

93 Days on Market

Highlights

  • Community Lake
  • Community Pool
  • Covered Patio or Porch
  • Centennial Elementary School Rated A
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of April 2014

Save Thousands! Lake Subdivision! 3 bdrms, 2 bath home w/low maintenance landscaping. Large Great Rm w/neutral paint & tile in all the right places. Open & bright Kitchen w/Cherry Cabinets,Island, SS dishwasher & built in microwave. Spacious bedrms. Community park, basketball & tennis courts, pool/spa, walking path, clubhouse & Elementary School plus near golf course. For overbidding and/or escrow repair information, please see attached ''Overbidding and Escrow Repair'' MLS Addendum. HOA Association fee of $236.25 quarterly: Power Ranch Community Association. Replace missing garage service door handle & deadbolt lock. Replace missing showerhead in master bathroom. Secure light fixture in great room. Recommend consulting w/landscaping professional to determine if there are drainage issues at the uncovered patio area since standing water was observed & then removed. Missing microwave oven, laundry doors & grass turf.

Last Agent to Sell the Property

Carol A. Royse

Your Home Sold Guaranteed Realty License #SA026080000 Listed on: 12/18/2013

Your Home Sold Guaranteed Realty

Last Buyer's Agent

David Rod

Keller Williams Arizona Realty License #BR030757000

Keller Williams Arizona Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 2006

Lot Details

  • 4,090 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Centennial Elementary School
  • Higley High School

Utilities

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

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 304-59-398

Community Details

Overview

  • Association fees include ground maintenance
  • Power Ranch Association, Phone Number (480) 988-0960
  • Built by Richmond American
  • Power Ranch Subdivision
  • Community Lake

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,143

Year Built

Built in 2006

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Cross Street: Power & Germann
  • 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: 78.75
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: Power Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 126.51
  • Association Fees:HOA Fee2: 236.25
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: 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
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 1294.0
  • Stories: 1
  • Community Features:Community Pool: 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
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • 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: 236.25
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch
  • Phone: 480-988-0960
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch
  • Association Fees:PAD Fee YN2: N
  • 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: Centennial Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4090.0
  • Parcel #: 304-59-398

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 1142.6
  • Tax Book Number: 304.00
  • Tax Lot: 56
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
Apr 9, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Mclyn90 Llc
Seller's Agent
Carol A. Royse
Your Home Sold Guaranteed Realty
Buyer's Agent
David Rod
Keller Williams Arizona Realty
List Price
$176,400
Sold Price
$163,700
Premium/Discount to List
-$12,700
-7.2%
Current Estimated Value
$425,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,729
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Sep 16, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 12, 2013
Sold by
Terry Brian W and Terry Christine D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 13, 2006
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Terry Brian W and Terry Christine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,289
Interest Rate
6.33%
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
Mclyn90 Llc -- Grand Canyon Title Agency
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $235,674 Great American Title Agency
Terry Brian W $233,904 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terry Brian W $230,289
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2014 04/15/14 Sold $163,700 -7.2% $127 / Sq Ft
04/02/2014 04/02/14 Price Changed $176,400 0.0% $136 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/14/2014 03/14/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $176,400 0.0% $136 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $176,400 0.0% $136 / Sq Ft
01/21/2014 01/21/14 Price Changed $176,400 +7.8% $136 / Sq Ft
01/17/2014 01/17/14 Off Market $163,700 -- --
12/18/2013 12/18/13 For Sale $196,000 -- $151 / 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 $1,715 $19,134 -- --
2024 $1,806 $18,223 -- --
2023 $1,806 $30,410 $6,080 $24,330
2022 $1,735 $23,070 $4,610 $18,460
2021 $1,758 $21,300 $4,260 $17,040
2020 $1,784 $20,000 $4,000 $16,000
2019 $1,732 $18,020 $3,600 $14,420
2018 $1,677 $16,800 $3,360 $13,440
2017 $1,620 $15,220 $3,040 $12,180
2016 $1,639 $15,030 $3,000 $12,030
2015 $1,440 $14,880 $2,970 $11,910
Source: Public Records

Agents Affiliated with this Home

  • Carol A. Royse

    Seller's Agent in 2014

    Carol A. Royse

    Your Home Sold Guaranteed Realty

    (480) 576-4555

    1 in this area

    878 Total Sales

    Carol A. Royse
    Section Image
  • David Rod

    Buyer's Agent in 2014

    David Rod

    Keller Williams Arizona Realty

    (602) 989-8000

    102 Total Sales

    David Rod
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5044253

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-59-398

Arizona Maricopa County Gilbert 85297 Power Ranch

3885 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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