NOT LISTED FOR SALE

3970 E Olive Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $420,959 - $444,000

3 Beds
2 Baths
1,273 Sq Ft
$343/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $312,000 $245 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,439/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Highland Park Elementary Rated A-
  • 2 Car Direct Access Garage
  • 2-minute walk to Cornerstone Highlands Park

About This Home

As of September 2020

Very open and bright single story home w/ 3 bed & 2 bath, located in Gilbert near parks, schools, walking paths and stores. Close to the 60 and 202. Open Floor plan w/ eat in kitchen, breakfast bar and vaulted ceilings. Low maintenance front yard and a nice sized back yard with grass and covered patio. N/S facing, BRAND NEW AC unit. Newer fans and toilets. Good sized master bedroom w/ master bathroom and double sinks and walk in closet.

Last Agent to Sell the Property

Nona Smith

True Home Realty License #SA672636000 Listed on: 08/26/2020

Last Buyer's Agent

Laura Garcia

HomeSmart License #SA665141000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1998

Lot Details

  • 5,502 Sq Ft Lot
  • Block Wall Fence
  • Backyard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,273 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 304-15-337

Community Details

Overview

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

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,180

Year Built

Built in 1998

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Cross Street: Recker and Elliot
  • 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: 42.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: EL DORADO AT THE HIGHLANDS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 245.09
  • Association Fees:HOA Fee2: 42.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1273.0
  • Stories: 1
  • Window Features: 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
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: 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: Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 42.0
  • Association Fee Frequency: Monthly
  • Association Name: Trestle Management
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Trestle Management
  • 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: Higley 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 #: 304-15-337

Building Info

  • Builder Name: Fulton Homes

Tax Info

  • Tax Annual Amount: 1180.0
  • Tax Book Number: 304.00
  • Tax Lot: 106
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 17, 2020
Sold by
Lloyd Kyle G and Lloyd Rebecca L
Bought by
Arreola Joseph and Donque Camille
Seller's Agent
Nona Smith
True Home Realty
Buyer's Agent
Laura Garcia
HomeSmart
List Price
$305,000
Sold Price
$312,000
Premium/Discount to List
$7,000
2.3%
Current Estimated Value
$436,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,490
Avg. Annual Appreciation
6.68%
Original Mortgage
$302,640
Outstanding Balance
$268,075
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$168,415

Purchase Details

Listed on
Mar 16, 2017
Closed on
May 2, 2017
Sold by
The Presiding Bishop O The Church Of Jue
Bought by
Lloyd Kyle G and Lloyd Rebecca L
Seller's Agent
Bradley Freeborn
Russ Lyon Sotheby's International Realty
Buyer's Agent
Oggy Karchev
Realty ONE Group
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$176,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2017
Sold by
Mustang Stampede One Llc
Bought by
Corporation Of The Presiding Bishop Of T

Purchase Details

Closed on
Sep 21, 2011
Sold by
Fannie Mae
Bought by
Mustang Stampede One Llc

Purchase Details

Closed on
Jan 31, 2011
Sold by
Nieves Lillian Y
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 30, 2007
Sold by
Ladik Robert J and Ladik Rosana S
Bought by
Nieves Lillian Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,910
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2003
Sold by
Ladik Robert J and Ladik Rosana S
Bought by
Ladik Robert J and Ladik Rosana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.87%

Purchase Details

Closed on
Dec 24, 2002
Sold by
Ladik Robert J and Ladik Rosana S
Bought by
Ladik Robert J and Ladik Rosana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.87%

Purchase Details

Closed on
Jul 26, 2002
Sold by
Ladik Robert J and Ladik Rosana S
Bought by
Darville Carol and The 3970 E Olive Trust

Purchase Details

Closed on
May 16, 2001
Sold by
Painter Alan P and Painter Kristi
Bought by
Ladik Robert J and Ladik Rosana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 1998
Sold by
Painter Alan P
Bought by
Painter Alan P and Painter Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,888
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 1998
Sold by
Fulton Homes Sales Corp
Bought by
Painter Alan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
8%
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
Arreola Joseph $312,000 Pioneer Title Agency Inc
Lloyd Kyle G $225,000 None Available
Corporation Of The Presiding Bishop Of T -- None Available
Mustang Stampede One Llc $113,310 Old Republic Title Agency
Federal National Mortgage Association $158,006 None Available
Nieves Lillian Y $219,900 The Talon Group
Ladik Robert J -- --
Ladik Robert J -- First American Title Ins Co
Darville Carol -- --
Ladik Robert J $125,000 Security Title Agency
Painter Alan P -- Transnation Title Ins Co
Painter Alan P $109,185 Security Title Agency
Fulton Homes Sales Corp $64,553 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arreola Joseph $302,640
Previous Owner Lloyd Kyle G $176,000
Previous Owner Nieves Lillian Y $197,910
Previous Owner Ladik Robert J $94,500
Previous Owner Ladik Robert J $95,000
Previous Owner Painter Alan P $94,888
Previous Owner Painter Alan P $81,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2020 09/22/20 Sold $312,000 +2.3% $245 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $305,000 +35.6% $240 / Sq Ft
05/19/2017 05/19/17 Sold $225,000 +2.3% $177 / Sq Ft View Prior Sale
04/21/2017 04/21/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $219,900 0.0% $173 / Sq Ft
12/29/2015 12/29/15 Rented $1,150 0.0% --
12/07/2015 12/07/15 For Rent $1,150 +3.6% --
07/30/2013 07/30/13 Rented $1,110 +0.9% --
07/30/2013 07/30/13 Under Contract -- -- --
06/27/2013 06/27/13 For Rent $1,100 -- --
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 $1,300 $16,876 -- --
2024 $1,278 $16,072 -- --
2023 $1,278 $30,060 $6,010 $24,050
2022 $1,239 $22,610 $4,520 $18,090
2021 $1,303 $21,100 $4,220 $16,880
2020 $1,282 $19,430 $3,880 $15,550
2019 $1,180 $17,630 $3,520 $14,110
2018 $1,144 $16,150 $3,230 $12,920
2017 $1,106 $14,800 $2,960 $11,840
2016 $1,357 $14,260 $2,850 $11,410
2015 $1,237 $13,600 $2,720 $10,880
Source: Public Records

Agents Affiliated with this Home

  • Nona Smith

    Seller's Agent in 2020

    Nona Smith

    True Home Realty

    (480) 414-4323

    13 Total Sales

    Nona Smith
    Section Image
  • Laura Garcia

    Buyer's Agent in 2020

    Laura Garcia

    HomeSmart

    (210) 663-2368

    22 Total Sales

    Laura Garcia
    Section Image

  • B

    Seller's Agent in 2017

    Bradley Freeborn

    Russ Lyon Sotheby's International Realty

    Section Image

  • O

    Buyer's Agent in 2017

    Oggy Karchev

    Realty One Group

    (480) 777-4500

    18 Total Sales

    Oggy Karchev
    Section Image

  • E

    Buyer Co-Listing Agent in 2017

    Erik Karchev

    Realty One Group

  • A

    Seller's Agent in 2015

    April Rose

    PRS Property Management

    1 Total Sale

    April Rose
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6122168

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-15-337

Arizona Maricopa County Gilbert 85234 Val Vista

3970 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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