NOT LISTED FOR SALE

Estimated Value: $865,000 - $902,000

5 Beds
3 Baths
3,503 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $860,000 $246 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,388/month

8 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Hydromassage or Jetted Bathtub
  • Greenfield Elementary School Rated A-
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of April 2024

Welcome to the coveted Lakeview Trails at Morrison Ranch. This iconic neighborhood is a standout with tree lined streets, lakes, greenbelts, parks, pickleball courts and Gilbert's historic silos. This meticulous move-in ready home is a rare floorplan and has it all. 5 bedroom, 3 bathroom, 3 car tandem garage, RV gate, vaulted ceilings and plenty of open space for hosting. The gourmet kitchen has a large eat in island, breakfast nook, walk in pantry, white cabinets with abundant storage, granite countertops and SS appliances. In addition to the expansive living and dining room, large open kitchen and family room, there is a first floor bedroom, full bath and oversized laundry room. Upstairs you will find a spacious master with additional office and en suite with 2 walk in closets, 3 additional bedrooms, large loft and office space with built in work stations. The resort style backyard is an entertainer's dream with sparkling pool (new pool pump), turf, citrus trees, ramada, built in BBQ, fridge, skillet and firepit side yard. This home has been well cared for by original owners and is a true gem. Welcome home!

Last Agent to Sell the Property

Amy Peterson

eXp Realty License #SA694832000 Listed on: 03/07/2024

eXp Realty

Last Buyer's Agent

Lauren Rosin

eXp Realty License #BR558852000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 2012

Lot Details

  • 7,800 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,503 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Greenfield Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

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

Listing and Financial Details

  • Tax Lot 465
  • Assessor Parcel Number 304-19-490

Community Details

Overview

  • Association fees include ground maintenance
  • Morrison Ranch Association, Phone Number (480) 921-7500
  • Built by Ashton Woods Homes
  • Lakeview Trails North At Morrison Ranch Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,457

Year Built

Built in 2012

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Cross Street: E Elliot Rd and S Recker Rd
  • 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: 125.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2012
  • Tax Year: 2023
  • Directions: Head East on E Elliot Rd to S Recker Rd. Rght onto S Recker Rd. Right onto E Mesquite St. Right onto E Mesquite St. Continue to follow E Mesquite St.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: LAKEVIEW TRAILS NORTH AT MORRISON RANCH
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 375.0
  • Cooling:Central Air: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3503.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Pickleball Court(s): Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, 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:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

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: Pickleball, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 375.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch
  • Association Fees:HOA Telephone4: 480-921-7500
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 3000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 375.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Greenfield Elementary School
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7800.0
  • Parcel #: 304-19-490

Building Info

  • Builder Name: Ashton Woods Homes

Tax Info

  • Tax Annual Amount: 3457.0
  • Tax Book Number: 304.00
  • Tax Lot: 465
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 26, 2024
Sold by
Atolagbe Family Revocable Living Trust and Atolagbe Adebayo Olufemi
Bought by
Jaluria Pratik and Jaluria Leslie A
Seller's Agent
Amy Peterson
eXp Realty
Buyer's Agent
Lauren Rosin
eXp Realty
List Price
$899,000
Sold Price
$860,000
Premium/Discount to List
-$39,000
-4.34%
Views
41
Current Estimated Value
$884,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,267
Avg. Annual Appreciation
2.45%
Original Mortgage
$645,000
Outstanding Balance
$638,705
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$245,562

Purchase Details

Closed on
Aug 7, 2015
Sold by
Atolagbe Adebayo O and Atolagbe Oluwatoyin
Bought by
Atolagbe Adebayo Olufemi and Atolagbe Oluwatoyin Antonia

Purchase Details

Closed on
Nov 28, 2012
Sold by
Ashton Woods Arizona Llc
Bought by
Atolagbe Adebayo O and Atolagbe Oluwatoyin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,771
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2011
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Ashton Woods Arizona Llc
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
Jaluria Pratik $860,000 Wfg National Title Insurance C
Atolagbe Adebayo Olufemi -- None Available
Atolagbe Adebayo O $354,714 First American Title Ins Co
Ashton Woods Arizona Llc $3,200,600 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaluria Pratik $645,000
Previous Owner Atolagbe Adebayo Olufemi $250,000
Previous Owner Atolagbe Adebayo O $283,771
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $860,000 -4.3% $246 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $899,000 0.0% $257 / Sq Ft
03/06/2024 03/06/24 Price Changed $899,000 -- $257 / 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 $4,049 $44,808 -- --
2024 $3,457 $42,674 -- --
2023 $3,457 $61,050 $12,210 $48,840
2022 $3,349 $46,350 $9,270 $37,080
2021 $3,486 $42,230 $8,440 $33,790
2020 $3,422 $40,660 $8,130 $32,530
2019 $3,134 $37,800 $7,560 $30,240
2018 $3,017 $36,320 $7,260 $29,060
2017 $2,914 $35,560 $7,110 $28,450
2016 $3,016 $36,810 $7,360 $29,450
2015 $2,745 $34,070 $6,810 $27,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6666179

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-19-490