NOT LISTED FOR SALE

3948 E Morrison Ranch Pkwy Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $826,007 - $910,000

4 Beds
2.5 Baths
3,111 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $413,000 $133 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,935/month

9 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Granite Countertops
  • Greenfield Elementary School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of July 2016

Pride of ownership shows throughout this wonderfully updated 4 bedroom 2.5 bath, plus den, and loft located in the desirable Morrison Ranch community. Gorgeous engineered hard wood flooring and tile throughout with carpet in the bedrooms. The gourmet kitchen opens up to a huge family room with fireplace, and includes stainless steel appliances, gas range, built-in microwave, upgraded hard wood cabinets, high-end custom granite counter-tops, and a large island/breakfast bar. Well-appointed master bedroom and over-sized master bath with two large walk-in closets. Large secondary bedrooms and loft. Backyard features a salt water play pool, large covered patio for entertaining and low maintenance mature landscaping. Bring your fussiest client, this home will not disappoint.

Last Agent to Sell the Property

Holly Johnson

HomeSmart License #BR538736000 Listed on: 06/17/2016

HomeSmart

Last Buyer's Agent

Gary Sattelberger

DeLex Realty License #SA583965000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 2007 | Under Construction

Lot Details

  • 3,111 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Tandem Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,111 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

  • Ashland Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Morrison Ranch Association, Phone Number (480) 921-7500
  • Built by Taylor Woodrow Homes
  • Morrison Ranch Lake View Subdivision, Catalina Floorplan

Listing and Financial Details

  • Tax Lot 364
  • Assessor Parcel Number 304-19-389

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,718

Year Built

Built in 2007 | Under Construction

Lot Details

0

HOA Fees

$98 per month

Parking

3

Listing Details

  • Cross Street: Recker & Elliott
  • 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
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2015
  • Master Model: Catalina
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: Morrison Ranch Lake View
  • Architectural Style: Ranch
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 132.75
  • Association Fees:HOA Fee2: 294.75
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3111.0
  • Stories: 2
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, RV Gate, Tandem
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association Fee: 294.75
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 193.0
  • 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: Ashland Elementary
  • High School: Gilbert 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: 3111.0
  • Parcel #: 304-19-389
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Taylor Woodrow Homes

Tax Info

  • Tax Annual Amount: 2718.0
  • Tax Book Number: 304.00
  • Tax Lot: 364
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jul 19, 2016
Sold by
Smith Kristi L
Bought by
Vallelunga Robert
Seller's Agent
Holly Johnson
HomeSmart
Buyer's Agent
Gary Sattelberger
DeLex Realty
List Price
$419,500
Sold Price
$413,000
Premium/Discount to List
-$6,500
-1.55%
Current Estimated Value
$866,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,502
Avg. Annual Appreciation
8.18%
Original Mortgage
$418,365
Outstanding Balance
$334,197
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$532,305

Purchase Details

Closed on
Aug 18, 2008
Sold by
Tm Homes Of Arizona Inc
Bought by
Smith Basil R and Smith Kristi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,130
Interest Rate
6.37%
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
Vallelunga Robert $409,000 Old Republic Title Agency
Smith Basil R $380,145 First American Title Ins Co
Tm Homes Of Arizona Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallelunga Robert $418,365
Previous Owner Smith Basil R $342,130
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2016 07/26/16 Sold $413,000 -1.5% $133 / Sq Ft
06/26/2016 06/26/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $419,500 -- $135 / 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 $3,565 $44,363 -- --
2024 $3,417 $42,250 -- --
2023 $3,417 $57,710 $11,540 $46,170
2022 $3,311 $43,530 $8,700 $34,830
2021 $3,446 $39,570 $7,910 $31,660
2020 $3,383 $37,830 $7,560 $30,270
2019 $3,104 $35,170 $7,030 $28,140
2018 $2,988 $33,800 $6,760 $27,040
2017 $2,885 $32,780 $6,550 $26,230
2016 $2,912 $33,910 $6,780 $27,130
2015 $2,718 $33,680 $6,730 $26,950
Source: Public Records

Agents Affiliated with this Home

  • Holly Johnson

    Seller's Agent in 2016

    Holly Johnson

    HomeSmart

    (480) 606-8113

    1 Total Sale

    Holly Johnson
    Section Image

  • G

    Buyer's Agent in 2016

    Gary Sattelberger

    DeLex Realty

    1 in this area

    6 Total Sales

    Gary Sattelberger
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5459216

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-19-389

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3948 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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