NOT LISTED FOR SALE

3951 E Olive Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $459,235 - $482,000

3 Beds
2 Baths
1,292 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $200,000 $155 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,664/month

2 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom
  • Highland Park Elementary Rated A-
  • Double Pane Windows
  • 1-minute walk to Cornerstone Highlands Park

About This Home

As of March 2015

Great 3 Bed / 2 Bath starter home for a couple or family. House has recently (2014) been upgraded; tile, carpet, paint, appliances, hot water heater and some lighting. Low maintenance yard with a pebble-tec pool. Great location in Gilbert, very family oriented. Award winning high school is very close. Move-in-condition. Close to all amenities, shopping, and freeways. Newer (2014) refrigerator conveys with the house. Hurry, this one will go fast!

Last Agent to Sell the Property

Jason Rosenberg

HomeSmart License #SA656152000 Listed on: 01/21/2015

HomeSmart

Co-Listed By

Richard Shaffer

HomeSmart License #SA644520000

Last Buyer's Agent

Jason Rosenberg

HomeSmart License #SA656152000 Listed on: 01/21/2015

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,357

Year Built

  • Built in 1998

Lot Details

  • 5,493 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Private Pool
  • Fence Around Pool
  • Pool Pump

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Legal Lot and Block 124 / 2027
  • Assessor Parcel Number 304-15-355

Community Details

Overview

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

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,357

Year Built

Built in 1998

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Cross Street: Recker & Guadalupe
  • 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: 37.0
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: El Dorado at the Highland
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 154.79
  • Association Fees:HOA Fee2: 37.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1292.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Fenced, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • 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: 37.0
  • 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: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cornerstone Highland
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 74.0
  • 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: 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: 5493.0
  • Parcel #: 304-15-355

Building Info

  • Builder Name: Fulton

Tax Info

  • Tax Annual Amount: 1357.48
  • Tax Block: 2027
  • Tax Book Number: 304.00
  • Tax Lot: 124
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
Feb 12, 2015
Sold by
Arendt Kenneth J and Arendt Mary J
Bought by
Whitaker Cheryl A and Whitaker Gregory A
Seller's Agent
Jason Rosenberg
HomeSmart
Buyer's Agent
Jason Rosenberg
HomeSmart
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%
Current Estimated Value
$474,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,559
Avg. Annual Appreciation
8.33%
Original Mortgage
$160,000
Outstanding Balance
$121,683
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$352,876

Purchase Details

Closed on
Jul 11, 2014
Sold by
Arendt Edward J and Arendt Diana L
Bought by
Arendt Kenneth J and Arendt Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2004
Sold by
Amaya Elvia
Bought by
Arendt Edward J and Arendt Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 9, 2003
Sold by
Frys Daniel and Frys Maria
Bought by
Amaya Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,966
Interest Rate
5.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2002
Sold by
Frys Daniel and Frys Maria
Bought by
Frys Daniel and Frys Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2002
Sold by
Mathew Christopher S and Mathew Angela M
Bought by
Frys Daniel and Frys Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1998
Sold by
Fulton Homes Sales Corp
Bought by
Mathew Christopher S and Mathew Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,874
Interest Rate
7.06%
Mortgage Type
VA
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
Whitaker Cheryl A $200,000 Security Title Agency
Arendt Kenneth J $115,000 Old Republic Title Agency
Arendt Edward J $167,000 First American Title Ins Co
Amaya Elvia $146,000 First American Title Ins Co
Frys Daniel -- --
Frys Daniel $141,500 Security Title Agency
Mathew Christopher S $108,715 Security Title Agency
Fulton Homes Sales Corp $63,882 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitaker Cheryl A $160,000
Previous Owner Arendt Kenneth J $92,000
Previous Owner Arendt Edward J $133,600
Previous Owner Amaya Elvia $143,966
Previous Owner Frys Daniel $113,200
Previous Owner Mathew Christopher S $110,874
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $200,000 +0.5% $155 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $199,000 0.0% $154 / Sq Ft
06/10/2013 06/10/13 Rented $1,050 0.0% --
06/10/2013 06/10/13 Under Contract -- -- --
05/08/2013 05/08/13 For Rent $1,050 -- --
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 $1,687 $18,005 -- --
2024 $1,632 $17,148 -- --
2023 $1,632 $31,420 $6,280 $25,140
2022 $1,587 $23,600 $4,720 $18,880
2021 $1,636 $22,030 $4,400 $17,630
2020 $1,610 $20,320 $4,060 $16,260
2019 $1,498 $18,500 $3,700 $14,800
2018 $1,457 $16,960 $3,390 $13,570
2017 $1,411 $15,610 $3,120 $12,490
2016 $1,447 $15,050 $3,010 $12,040
2015 $1,319 $14,460 $2,890 $11,570
Source: Public Records

Agents Affiliated with this Home

  • Jason Rosenberg

    Seller's Agent in 2015

    Jason Rosenberg

    HomeSmart

    (480) 363-1336

    1 in this area

    68 Total Sales

    Jason Rosenberg
    Section Image

  • R

    Seller Co-Listing Agent in 2015

    Richard Shaffer

    HomeSmart

  • C

    Seller's Agent in 2013

    Christina Good

    American Homes 4 Rent

  • E

    Buyer's Agent in 2013

    Edward Adler

    Arizona Best Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5225315

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-15-355

Arizona Maricopa County Gilbert 85234 Val Vista

3951 E Olive Ave, 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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