NOT LISTED FOR SALE

3980 E Olive Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $456,059 - $496,000

3 Beds
2 Baths
1,489 Sq Ft
$320/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $426,000 $286 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,660/month

4 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 October 2021

Charming single level home set on corner north south lot. With 3 bedrooms and 2 baths, this is an ideal home to enjoy this high demand Gilbert location. Spacious master bedroom with walk in closet.Kitchen offers white appliances and pantry. Yard has space for a pool or playground or whatever your heart desires! Be sure to check out the community playground area .Top rated Gilbert Schools. Ideal location near Big Dreams Sports Park and Freestone Park for all your sporting desires, Sun Circle Trail for hiking and biking, Greenfield Lakes Golf Course , Top Golf and Superstition Springs Mall. Enjoy all the amenities in downtown Gilbert with a plethora of shopping, dining and a Saturday Farmers Market. Enjoy easy access to the 60......Lifestyle and LOCATION!

Last Agent to Sell the Property

Karen Grobman

RE/MAX Fine Properties License #SA513501000 Listed on: 09/30/2021

RE/MAX Fine Properties

Last Buyer's Agent

Sarah Hall

Real Broker License #SA686763000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 1997

Lot Details

  • 5,580 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • 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

  • 1,489 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 304-15-338

Community Details

Overview

  • Association fees include ground maintenance
  • Highlands Community Association, Phone Number (480) 889-1425
  • Built by Fulton Homes
  • El Dorado At The Highlands Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,430

Year Built

Built in 1997

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Cross Street: Higley & Guadalupe
  • 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
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Tax Year: 2021
  • 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: 286.09
  • Association Fees:HOA Fee2: 42.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1489.0
  • Stories: 1
  • Window Features: Solar Screens
  • 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:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O 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:Childrens Play Area: 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
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 42.0
  • Association Fee Frequency: Monthly
  • Association Name: Highlands Community
  • Phone: 480-889-1425
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Highlands Community
  • 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: 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: 5580.0
  • Parcel #: 304-15-338

Building Info

  • Builder Name: Fulton Homes

Tax Info

  • Tax Annual Amount: 1430.0
  • Tax Book Number: 304.00
  • Tax Lot: 107
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 25, 2021
Sold by
Graham John R and Graham Hayley Schafer
Bought by
Rodriguez Gyno Jesus Humberto and Argueta Melina
Seller's Agent
Karen Grobman
RE/MAX Fine Properties
Buyer's Agent
Sarah Hall
Real Broker
List Price
$395,000
Sold Price
$426,000
Premium/Discount to List
$31,000
7.85%
Current Estimated Value
$476,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,515
Avg. Annual Appreciation
2.72%
Original Mortgage
$383,400
Outstanding Balance
$350,383
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$126,132

Purchase Details

Listed on
Oct 7, 2012
Closed on
Nov 2, 2012
Sold by
Stauffer James E and Stauffer Maryann
Bought by
Graham John R and Schafer Hayley A
Seller's Agent
Jennifer Summers
DPR Realty LLC
Buyer's Agent
Karen Grobman
RE/MAX Fine Properties
List Price
$167,000
Sold Price
$169,000
Premium/Discount to List
$2,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$162,011
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2004
Sold by
Tripp Ty D and Tripp Kimberly L
Bought by
Stauffer James E and Stauffer Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2001
Sold by
Jepsen Greg H and Jepsen Rhonda Kay
Bought by
Tripp Ty D and Tripp Kimberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,316
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 1998
Sold by
Fulton Homes Sales Corp
Bought by
Jepsen Greg H and Jepsen Rhonda Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,890
Interest Rate
7.05%
Mortgage Type
FHA
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
Rodriguez Gyno Jesus Humberto $426,000 Fidelity Natl Ttl Agcy Inc
Graham John R -- Lawyers Title Of Arizona Inc
Graham John R $165,000 Lawyers Title Of Arizona Inc
Stauffer James E $170,000 Stewart Title & Trust Of Pho
Tripp Ty D $135,200 First American Title
Jepsen Greg H $111,721 Security Title Agency
Fulton Homes Sales Corp $63,994 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Gyno Jesus Humberto $383,400
Previous Owner Graham John R $162,011
Previous Owner Stauffer James E $136,000
Previous Owner Tripp Ty D $133,316
Previous Owner Jepsen Greg H $110,890
Closed Stauffer James E $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2021 10/26/21 Sold $426,000 +7.8% $286 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $395,000 +133.7% $265 / Sq Ft
11/09/2012 11/09/12 Sold $169,000 +1.2% $113 / Sq Ft View Prior Sale
11/08/2012 11/08/12 Price Changed $167,000 0.0% $112 / Sq Ft
10/07/2012 10/07/12 Pending -- -- --
10/07/2012 10/07/12 For Sale $167,000 -- $112 / 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 $1,448 $18,550 -- --
2024 $1,402 $17,667 -- --
2023 $1,402 $32,000 $6,400 $25,600
2022 $1,360 $24,170 $4,830 $19,340
2021 $1,430 $22,610 $4,520 $18,090
2020 $1,407 $20,920 $4,180 $16,740
2019 $1,295 $19,020 $3,800 $15,220
2018 $1,256 $17,520 $3,500 $14,020
2017 $1,213 $16,160 $3,230 $12,930
2016 $1,255 $15,610 $3,120 $12,490
2015 $1,143 $15,010 $3,000 $12,010
Source: Public Records

Agents Affiliated with this Home

  • Karen Grobman

    Seller's Agent in 2021

    Karen Grobman

    RE/MAX

    (480) 688-0688

    2 in this area

    64 Total Sales

    Karen Grobman
    Section Image
  • Sarah Hall

    Buyer's Agent in 2021

    Sarah Hall

    Real Broker

    (480) 645-2022

    1 in this area

    25 Total Sales

    Sarah Hall
    Section Image

  • S

    Buyer's Agent in 2021

    Sarah Jefferson

    eXp Realty

  • J

    Seller's Agent in 2012

    Jennifer Summers

    DPR Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6300939

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-15-338

Arizona Maricopa County Gilbert 85234 Val Vista

3980 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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