NOT LISTED FOR SALE

3949 E Melrose St Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $477,000 - $501,000

3 Beds
2.5 Baths
2,174 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $243,000 $112 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,804/month

64 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Heated Community Pool
  • Centennial Elementary School Rated A
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of April 2017

Beautiful, 3 bedroom, 2.5 bath home Walk into formal living room . Just past the stairs and half bath is the open concept living area and eat-in kitchen, featuring granite counters, kitchen island, and walk-in pantry. Upstairs spacious loft, bonus room with lots of cabinets and built in desks.Double doors open into the large master suite, complete with extra sitting area. French doors open to a private balcony, great for enjoying a relaxing evening. Master bath features separate shower and tub, double sinks, and walk-in closet. Also upstairs are two more bedrooms, another full bath, and the laundry room. Enjoy the private, shaded backyard with mature landscaping.Please verify any information contained herein that the buyer feels is pertinent to making an offer.

Last Agent to Sell the Property

Douglas McCowan

#1 National Real Estate Network LLC License #BR549161000 Listed on: 12/21/2016

Last Buyer's Agent

Matthew McCowan

#1 National Real Estate Network LLC License #SA653931000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 2007

Lot Details

  • 4,100 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,174 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Schools

  • Centennial Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 304-59-293

Community Details

Overview

  • Association fees include ground maintenance
  • Power Ranch HOA, Phone Number (480) 921-7500
  • Built by Richmond American Homes of Az
  • Power Ranch Neighborhood 10 Parcel C Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,823

Year Built

Built in 2007

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Cross Street: Power and Germann
  • 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: 78.75
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 10 PARCEL C
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 111.77
  • Association Fees:HOA Fee2: 236.25
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2174.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Fixer
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association Fee: 236.25
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch HOA
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch HOA
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Centennial Elementary School
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4100.0
  • Parcel #: 304-59-293
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Richmond American Homes of Az

Tax Info

  • Tax Annual Amount: 1823.0
  • Tax Book Number: 304.00
  • Tax Lot: 72
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2016
Closed on
Mar 30, 2017
Sold by
Fannie Mae
Bought by
Adcox Celestina U and Cropper Layne
Seller's Agent
Douglas McCowan
#1 National Real Estate Network LLC
Buyer's Agent
Matthew McCowan
#1 National Real Estate Network LLC
List Price
$272,900
Sold Price
$243,000
Premium/Discount to List
-$29,900
-10.96%
Current Estimated Value
$489,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,425
Avg. Annual Appreciation
8.35%
Original Mortgage
$133,000
Outstanding Balance
$110,494
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$378,931

Purchase Details

Closed on
Sep 16, 2016
Sold by
Johnson Nicole D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 14, 2007
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Johnson Nicole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,753
Interest Rate
6.38%
Mortgage Type
New Conventional
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
Adcox Celestina U $243,000 Old Republic Title
Federal National Mortgage Association $232,349 Stewart Title Company
Johnson Nicole D $275,530 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adcox Celestina U $133,000
Previous Owner Johnson Nicole D $261,753
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $243,000 -1.2% $112 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/06/2017 02/06/17 Price Changed $245,900 -3.5% $113 / Sq Ft
01/05/2017 01/05/17 Price Changed $254,900 -6.6% $117 / Sq Ft
12/21/2016 12/21/16 For Sale $272,900 -- $126 / 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 $1,932 $24,966 -- --
2024 $2,357 $23,777 -- --
2023 $2,357 $37,080 $7,410 $29,670
2022 $2,263 $27,830 $5,560 $22,270
2021 $2,294 $25,800 $5,160 $20,640
2020 $2,328 $24,570 $4,910 $19,660
2019 $2,259 $22,260 $4,450 $17,810
2018 $2,188 $20,920 $4,180 $16,740
2017 $2,113 $19,450 $3,890 $15,560
2016 $1,789 $19,480 $3,890 $15,590
2015 $1,590 $19,460 $3,890 $15,570
Source: Public Records

Agents Affiliated with this Home

  • Douglas McCowan

    Seller's Agent in 2017

    Douglas McCowan

    #1 National Real Estate Network LLC

    (480) 988-7365

    8 Total Sales

    Douglas McCowan
    Section Image

  • M

    Buyer's Agent in 2017

    Matthew McCowan

    #1 National Real Estate Network LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5538466

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-59-293

Arizona Maricopa County Gilbert 85297 Power Ranch

3949 E Melrose St, 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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