NOT LISTED FOR SALE

Estimated Value: $620,000 - $628,000

4 Beds
2 Baths
2,074 Sq Ft
$301/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $401,000 $193 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,588/month

2 Days on Market

Highlights

  • Play Pool
  • 0.24 Acre Lot
  • Eat-In Kitchen
  • Carol Rae Ranch Elementary Rated A-
  • Covered Patio or Porch
  • 5-minute walk to Carol Rae Park

About This Home

As of September 2020

LARGER LOT in Gilbert's most desirable East Valley neighborhood. Tucked on a quiet residential street, this property offers easy access to top‑rated schools, shopping, dining, and major freeways, while still feeling peaceful and private. Inside, you'll find an inviting, layout with an open main living area that flows seamlessly between the kitchen, dining, and family room spaces. Thoughtful updates such as modern flooring, neutral paint, and updated fixtures create a fresh, move‑in ready feel. The kitchen features ample cabinet storage, generous counter space, and a functional layout that makes cooking and entertaining simple and enjoyable. Sliding doors lead to the backyard where you will spend the bulk of your days and nights! Plenty of space to host those special occasions!

Last Agent to Sell the Property

La Tosha Spencer

Rentals America License #SA634066000 Listed on: 08/01/2020

Last Buyer's Agent

Maggie Diamond

Penfield Properties License #BR106394000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,942

Year Built

  • Built in 1996

Lot Details

  • 10,589 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,074 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

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

  • Play Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 455
  • Assessor Parcel Number 304-07-497

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Carol Rae Ranch Association, Phone Number (602) 674-4355
  • Carol Rae Ranch Subdivision, Immaculate Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,942

Year Built

Built in 1996

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Cross Street: Guadalupe & Higley
  • 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: 42.67
  • Basement: N
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2019
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2019
  • Master Model: Immaculate
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: Carol Rae Ranch
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 193.35
  • Association Fees:HOA Fee2: 128.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Laminate Counters
  • Living Area: 2074.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Play Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 128.0
  • Association Fee Frequency: Quarterly
  • Association Name: Carol Rae Ranch
  • Phone: 602-674-4355
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Carol Rae Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Carol Rae Ranch Elementary
  • High School: Highland 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: 10589.0
  • Parcel #: 304-07-497

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1942.0
  • Tax Book Number: 304.00
  • Tax Lot: 455
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Aug 27, 2020
Sold by
Settles Brian K and Settles Penny D
Bought by
Mesa Ari C and Mesa Jessica L
Seller's Agent
La Tosha Spencer
Rentals America
Buyer's Agent
Maggie Diamond
Penfield Properties
List Price
$385,000
Sold Price
$401,000
Premium/Discount to List
$16,000
4.16%
Current Estimated Value
$623,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,584
Avg. Annual Appreciation
8.69%
Original Mortgage
$360,900
Outstanding Balance
$318,699
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$304,885

Purchase Details

Closed on
Jul 27, 2002
Sold by
Ruotolo Michael P and Ruotolo Karen C
Bought by
Settles Brian K and Settles Penny D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,920
Interest Rate
6.7%
Mortgage Type
VA

Purchase Details

Closed on
Jun 19, 1996
Sold by
Continental Homes Inc
Bought by
Ruotolo Michael P and Ruotolo Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,100
Interest Rate
8.25%
Mortgage Type
New Conventional
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
Mesa Ari C $401,000 American Title Svc Agcy Llc
Settles Brian K $196,000 Arizona Title Agency Inc
Ruotolo Michael P $140,134 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesa Ari C $360,900
Previous Owner Settles Brian K $199,920
Previous Owner Ruotolo Michael P $110,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 For Sale $590,000 +47.1% $284 / Sq Ft
09/04/2020 09/04/20 Sold $401,000 +4.2% $193 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $385,000 -- $186 / 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 $2,169 $27,581 -- --
2024 $2,101 $26,268 -- --
2023 $2,101 $42,760 $8,550 $34,210
2022 $2,035 $32,870 $6,570 $26,300
2021 $2,135 $30,930 $6,180 $24,750
2020 $2,101 $28,860 $5,770 $23,090
2019 $1,942 $26,600 $5,320 $21,280
2018 $1,889 $25,050 $5,010 $20,040
2017 $1,828 $23,530 $4,700 $18,830
2016 $1,846 $22,680 $4,530 $18,150
2015 $1,692 $22,030 $4,400 $17,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6111358

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-497