NOT LISTED FOR SALE

3941 E Olive Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $465,023

3 Beds
2 Baths
1,489 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $417,000 $280 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,627/month

17 Days on Market

Highlights

  • Eat-In Kitchen
  • Security System Owned
  • Artificial Turf
  • Highland Park Elementary Rated A-
  • Central Air
  • 1-minute walk to Cornerstone Highlands Park

About This Home

As of September 2022

Come see this charming 3 bedroom, 2 bathroom home now on the market! The kitchen boasts generous counter space and a breakfast bar, making cooking and entertaining a delight. Discover a bright interior with neutral tile floors and plush carpet in all the right places. The primary bedroom features plush carpet, a spacious closet, and a private bathroom. Entertain on the back patio, perfect for barbecues. Don't wait! Make this beautiful home yours today.

Last Agent to Sell the Property

Clifford Tubbs

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #SA688589000 Listed on: 07/25/2022

Co-Listed By

William Kellogg

Invitation Homes Brokerage Email: homes@opendoor.com License #SA662521000

Last Buyer's Agent

Steffy Hristova

HomeSmart License #SA585680000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 1998

Lot Details

  • 5,502 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,489 Sq Ft Home
  • 1-Story Property
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Highland Park Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance
  • Cornerstone Highland Association, Phone Number (480) 422-0888
  • Built by Fulton
  • El Dorado At The Highlands Subdivision

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 304-15-356

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,436

Year Built

Built in 1998

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Cross Street: AZ-202 and S Power 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: 46.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: opbr001
  • Co List Office Phone: 480-462-5392
  • Subdivision Name: EL DORADO AT THE HIGHLANDS
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 280.05
  • Association Fees:HOA Fee2: 46.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1489.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 46.0
  • Association Fee Frequency: Monthly
  • Association Name: Cornerstone Highland
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cornerstone Highland
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Highland Park 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: 5502.0
  • Parcel #: 304-15-356
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Fulton

Tax Info

  • Tax Annual Amount: 1436.0
  • Tax Book Number: 304.00
  • Tax Lot: 125
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 9, 2022
Sold by
Opendoor Property Trust
Bought by
Equity Trust Co
Seller's Agent
Clifford Tubbs
Opendoor Brokerage, LLC
Buyer's Agent
Steffy Hristova
HomeSmart
List Price
$516,000
Sold Price
$417,000
Premium/Discount to List
-$99,000
-19.19%
Views
7
Current Estimated Value
$465,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,023
Avg. Annual Appreciation
3.41%

Purchase Details

Listed on
Jul 25, 2022
Closed on
Jul 12, 2022
Sold by
Borkowski William and Lego Renee
Bought by
Opendoor Property Trust
Seller's Agent
Clifford Tubbs
Opendoor Brokerage, LLC
Buyer's Agent
Steffy Hristova
HomeSmart
List Price
$516,000
Sold Price
$417,000
Premium/Discount to List
-$99,000
-19.19%
Views
7

Purchase Details

Closed on
Sep 25, 2020
Sold by
Borkowski William
Bought by
Borkowski William and Lego Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2016
Sold by
Tucker Tommy and Tucker Judith R
Bought by
Borkowski William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2002
Sold by
Smith Brock M and Smith Jody A
Bought by
Tucker Tommy and Tucker Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1998
Sold by
Fulton Homes Sales Corp
Bought by
Smith Brock M and Smith Jody A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,832
Interest Rate
7.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Equity Trust Co $417,000 --
Opendoor Property Trust $462,100 Os National
Borkowski William -- Empire West Title Agency Llc
Borkowski William $220,000 Lawyers Title Of Arizona Inc
Tucker Tommy $148,000 Capital Title Agency Inc
Smith Brock M $113,525 Security Title Agency
Fulton Homes Sales Corp $66,923 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borkowski William $205,000
Previous Owner Borkowski William $216,015
Previous Owner Tucker Tommy $118,400
Previous Owner Smith Brock M $112,832
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $417,000 -13.8% $280 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/04/2022 08/04/22 Price Changed $484,000 -6.2% $325 / Sq Ft
07/25/2022 07/25/22 For Sale $516,000 -- $347 / 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 $1,706 $18,626 -- --
2024 $1,408 $17,739 -- --
2023 $1,408 $32,070 $6,410 $25,660
2022 $1,365 $24,220 $4,840 $19,380
2021 $1,436 $22,670 $4,530 $18,140
2020 $1,412 $21,000 $4,200 $16,800
2019 $1,300 $19,110 $3,820 $15,290
2018 $1,261 $17,600 $3,520 $14,080
2017 $1,218 $16,220 $3,240 $12,980
2016 $1,496 $15,670 $3,130 $12,540
2015 $1,148 $15,060 $3,010 $12,050
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Clifford Tubbs

    Opendoor Brokerage, LLC

    Section Image

  • W

    Seller Co-Listing Agent in 2022

    William Kellogg

    Invitation Homes

    (480) 951-1010

    1 in this area

    203 Total Sales

    William Kellogg
    Section Image
  • Steffy Hristova

    Buyer's Agent in 2022

    Steffy Hristova

    HomeSmart

    (602) 710-8161

    2 in this area

    27 Total Sales

    Steffy Hristova
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6439767

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-15-356

Arizona Maricopa County Gilbert 85234 Val Vista

3941 E Olive Ave, Gilbert, AZ

Not Listed for Sale

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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