NOT LISTED FOR SALE

3959 E Melrose St Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $499,792 - $521,000

3 Beds
2.5 Baths
2,174 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $274,900 $126 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,048/month

34 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Clubhouse
  • Centennial Elementary School Rated A
  • Community Lake
  • Vaulted Ceiling

About This Home

As of December 2017

Beautiful 3 Bedroom plus Loft, 2.5 Bath 2 Story home Located in the great community of Power Ranch! Eat in Kitchen, Granite counter tops, Kitchen Island, Master Bedroom with Walk in closet, Full Master bath features Separate shower and tub, and Double Sinks. Easy to maintain landscape plus patio. New paint interior and exterior, new carpet. Come see why Power Ranch has been voted the Number 1 community in Gilbert.

Last Agent to Sell the Property

Jennifer Jenq

HomeSmart License #SA639565000 Listed on: 10/17/2017

HomeSmart

Last Buyer's Agent

Jason Nelson

The Maricopa Real Estate Co License #sa648870000

The Maricopa Real Estate Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 2007

Lot Details

  • 4,100 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,174 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 304-59-295

Community Details

Overview

  • Property has a Home Owners Association
  • Power Ranch HOA, Phone Number (480) 988-0960
  • Built by RICHMOND AMERICAN HOMES
  • Power Ranch Neighborhood 10 Parcel C Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,113

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Germann Rd & Ranch House Pkwy
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 80.67
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2017
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2017
  • Directions: From Germann, head north on Ranch House Pkwy toward Chisum Ln, Turn left onto Chisum Ln, Turn right onto Luiseno Blvd, Turn right onto Melrose, house is on the right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.09
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 10 PARCEL C
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 242.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 2174.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Front, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Community, Heated, None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Community Media Room, Pool, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch HOA
  • Phone: 480-988-0960
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch HOA
  • Association Fees:HOA Telephone4: 480-988-0960
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 750.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes

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 #: 304-59-295
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: RICHMOND AMERICAN HOMES

Tax Info

  • Tax Annual Amount: 2113.34
  • Tax Book Number: 304.00
  • Tax Lot: 74
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2020
Sold by
Russell Matthew James and Russell Matthew J
Bought by
Russell Matthew James
Current Estimated Value
$525,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 11, 2017
Sold by
Russell Shawna C
Bought by
Russell Matthew J
Seller's Agent
Jennifer Jenq
HomeSmart
Buyer's Agent
Jason Nelson
The Maricopa Real Estate Co
List Price
$274,900
Sold Price
$274,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$261,155
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2015
Sold by
Lin Chen Wei and Chiarappa Tarcy Chenwei
Bought by
Chiarappa Amos L and Chiarappa Tarcy Chenwei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,850
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2008
Sold by
Chiarappa Amos
Bought by
Lin Chen Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,941
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Russell Matthew James -- Driggs Title Agency Inc
Russell Matthew J -- Empire West Title Agency Llc
Russell Matthew J $274,900 Empire West Title Agency Llc
Chiarappa Amos L -- Security Title Agency
Lin Chen Wei -- Fidelity National Title
Lin Chen Wei $234,379 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Matthew J $280,000
Closed Russell Matthew James $261,400
Closed Russell Matthew J $261,155
Previous Owner Chiarappa Amos L $160,850
Previous Owner Lin Chen Wei $210,941
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $274,900 0.0% $126 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $274,900 -- $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 $1,724 $24,966 -- --
2024 $1,982 $23,777 -- --
2023 $1,982 $37,080 $7,410 $29,670
2022 $1,894 $27,830 $5,560 $22,270
2021 $1,951 $25,800 $5,160 $20,640
2020 $1,989 $24,570 $4,910 $19,660
2019 $1,926 $22,260 $4,450 $17,810
2018 $1,858 $20,920 $4,180 $16,740
2017 $2,113 $19,450 $3,890 $15,560
2016 $2,138 $19,480 $3,890 $15,590
2015 $1,879 $19,460 $3,890 $15,570
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jennifer Jenq

    HomeSmart

    (602) 369-9621

    28 Total Sales

    Section Image
  • Jason Nelson

    Buyer's Agent in 2017

    Jason Nelson

    The Maricopa Real Estate Co

    (509) 260-0993

    1 in this area

    86 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5675067

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-59-295

Arizona Maricopa County Gilbert 85297 Power Ranch

3959 E Melrose St, Gilbert, AZ

This home is located at 3959 E Melrose St, Gilbert, AZ 85297 since 17 October 2017 and is currently estimated at $514,698, approximately $236 per square foot. This property was built in 2007. 3959 E Melrose St is a home located in Maricopa County with nearby schools including Centennial Elementary School, Sossaman Middle School, and Higley High School.

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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