NOT LISTED FOR SALE

3908 E Morrison Ranch Pkwy Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $769,963

4 Beds
2 Baths
2,490 Sq Ft
$309/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $335,000 $135 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,374/month

96 Days on Market

Highlights

  • Private Pool
  • Community Lake
  • Granite Countertops
  • Greenfield Elementary School Rated A-
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of March 2015

Welcome to Lakeview Trails at Morrison Ranch! This home is nestled in a lake community amidst tree-lined streets, parks, and biking/walking trails. Featuring 4 bedrooms and 2 baths with a separate salon/office, this home boasts upgraded cabinets, granite, stainless steel appliances, and custom stonework in the great room. The salon/office includes a separate entrance and can easily be converted into a 5th bedroom by the seller. Enjoy an entertainer’s backyard complete with pavers, a PebbleTec pool with serene waterfall, and built-in fireplace & BBQ. Come view this spectacular property today!

Last Agent to Sell the Property

David Karaffa

Compass License #SA642471000 Listed on: 11/04/2014

Compass

Last Buyer's Agent

Lee Pasko

JK Realty License #SA653130000

JK Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 2008

Lot Details

  • 7,800 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,490 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 368
  • Assessor Parcel Number 304-19-393

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Capital Consultants Association, Phone Number (480) 921-7500
  • Built by Taylor Morrison
  • Morrison Ranch Lakeview Trails North Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,208

Year Built

Built in 2008

Lot Details

0

HOA Fees

$98 per month

Parking

2

Listing Details

  • Cross Street: Recker & Elliott
  • 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: 98.25
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: Morrison Ranch - Lakeview Trails North
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 134.54
  • Association Fees:HOA Fee2: 294.75
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2490.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 294.75
  • Association Fee Frequency: Quarterly
  • Association Name: Capital Consultants
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 384.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Capital Consultants
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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 #: 304-19-393
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • Tax Annual Amount: 2207.7
  • Tax Book Number: 304.00
  • Tax Lot: 368
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2014
Closed on
Mar 5, 2015
Sold by
Williams Jessica and Petersen Jessica
Bought by
Holstad Terrance and Holstad Jessica
Seller's Agent
David Karaffa
Compass
Buyer's Agent
Lee Pasko
JK Realty
List Price
$379,000
Sold Price
$335,000
Premium/Discount to List
-$44,000
-11.61%
Current Estimated Value
$769,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,963
Avg. Annual Appreciation
7.99%
Original Mortgage
$318,250
Outstanding Balance
$243,116
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$526,847

Purchase Details

Closed on
Jan 4, 2008
Sold by
Tm Homes Of Arizona Inc
Bought by
Petersen Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,750
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2008
Sold by
Williams Keileb
Bought by
Petersen Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,750
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holstad Terrance $335,000 Equity Title Agency
Petersen Jessica $290,298 First American Title Ins Co
Tm Homes Of Arizona Inc -- First American Title Ins Co
Petersen Jessica -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holstad Terrance $318,250
Previous Owner Tm Homes Of Arizona Inc $275,750
Previous Owner Petersen Jessica $275,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2015 03/13/15 Sold $335,000 -1.5% $135 / Sq Ft
01/27/2015 01/27/15 Price Changed $339,995 -2.6% $137 / Sq Ft
12/01/2014 12/01/14 Price Changed $349,000 -2.8% $140 / Sq Ft
11/17/2014 11/17/14 Price Changed $359,000 -5.3% $144 / Sq Ft
11/04/2014 11/04/14 For Sale $379,000 -- $152 / 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 $3,051 $38,775 -- --
2024 $2,939 $36,929 -- --
2023 $2,939 $54,230 $10,840 $43,390
2022 $2,854 $41,020 $8,200 $32,820
2021 $3,013 $37,030 $7,400 $29,630
2020 $2,963 $36,050 $7,210 $28,840
2019 $2,721 $33,310 $6,660 $26,650
2018 $2,617 $31,600 $6,320 $25,280
2017 $2,527 $30,550 $6,110 $24,440
2016 $2,616 $31,430 $6,280 $25,150
2015 $2,380 $30,960 $6,190 $24,770
Source: Public Records

Agents Affiliated with this Home

  • David Karaffa

    Seller's Agent in 2015

    David Karaffa

    Compass

    (480) 686-3022

    1 in this area

    38 Total Sales

    David Karaffa
    Section Image

  • L

    Buyer's Agent in 2015

    Lee Pasko

    JK Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5194926

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-19-393

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3908 E Morrison Ranch Pkwy, 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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