NOT LISTED FOR SALE

3990 E Olive Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $474,448 - $502,000

3 Beds
2 Baths
1,537 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 18, 2015

Last sale price $226,000 $147 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,706/month

12 Days on Market

Highlights

  • 0.21 Acre Lot
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Highland Park Elementary Rated A-
  • Granite Countertops
  • 2-minute walk to Cornerstone Highlands Park

About This Home

As of June 2015

Move in ready condition with GRANITE SLAB TOPS, NEW HEAT PUMP WITH 10 YEAR WARRANTY, NEWER TILE FLOORS IN ALL THE RIGHT PLACES, NEWER APPLIANCES AND ALL ON A LARGE PIE SHAPED LOT. House is a must see with vaulted ceilings, bay window off of master bedroom, gas fireplace, sink & cabinetry in laundry, extra linen cabinetry in hallway, garage storage cabinets, garage opener, and newer garage door.

Last Agent to Sell the Property

John Karam

Gentry Real Estate License #SA626347000 Listed on: 04/25/2015

Gentry Real Estate

Last Buyer's Agent

Brian Rocca

Real Broker License #SA574411000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1998

Lot Details

  • 8,947 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

  • $37 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,537 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Outdoor Storage
  • Playground

Schools

  • Carol Rae Ranch Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

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

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 304-15-339

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,453

Year Built

Built in 1998

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Cross Street: Higley & Guadalupe Roads
  • 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
  • Cooling HVAC SEER Rating: 13
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2009
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2012
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2009
  • 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: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: EL DORADO AT THE HIGHLANDS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 147.03
  • Association Fees:HOA Fee2: 37.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1537.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Storage
  • 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: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: 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
  • Open Parking 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: Near Bus Stop, Biking/Walking Path
  • Association Fee: 37.0
  • Association Fee Frequency: Monthly
  • Association Name: El Dorado- Highlands
  • 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: El Dorado- Highlands
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Cornerstone
  • Association Fees:HOA Management Phone: 480-422-0888
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Carol Rae Ranch Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Horse Amenities: Other, See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 8947.0
  • Parcel #: 304-15-339

Building Info

  • Builder Name: Fulton Homes

Tax Info

  • Tax Annual Amount: 1453.0
  • Tax Book Number: 304.00
  • Tax Lot: 108
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2015
Closed on
Jun 12, 2015
Sold by
Kazzazi Mazin and Kazzazi Tahani
Bought by
Cooper Kevin and Cooper Joaltcris Ilu
Seller's Agent
John Karam
Gentry Real Estate
Buyer's Agent
Brian Rocca
Real Broker
List Price
$239,900
Sold Price
$226,000
Premium/Discount to List
-$13,900
-5.79%
Current Estimated Value
$485,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,362
Avg. Annual Appreciation
7.54%
Original Mortgage
$221,906
Outstanding Balance
$176,344
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$309,018

Purchase Details

Closed on
Feb 24, 1998
Sold by
Fulton Homes Sales Corp
Bought by
Ayala Artagnan and Deayala Laura Mejia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.9%
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
Cooper Kevin $226,000 Great American Title Agency
Ayala Artagnan $123,793 Security Title Agency
Fulton Homes Sales Corp $70,302 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Kevin $221,906
Previous Owner Ayala Artagnan $117,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2015 06/18/15 Sold $226,000 -5.8% $147 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $239,900 +35.5% $156 / Sq Ft
04/30/2013 04/30/13 Sold $177,000 +1.1% $92 / Sq Ft View Prior Sale
02/28/2013 02/28/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $175,000 -- $91 / 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 $1,513 $19,190 -- --
2024 $1,466 $18,276 -- --
2023 $1,466 $33,750 $6,750 $27,000
2022 $1,422 $25,750 $5,150 $20,600
2021 $1,492 $24,080 $4,810 $19,270
2020 $1,467 $22,260 $4,450 $17,810
2019 $1,352 $20,160 $4,030 $16,130
2018 $1,310 $18,660 $3,730 $14,930
2017 $1,266 $17,210 $3,440 $13,770
2016 $1,274 $16,520 $3,300 $13,220
2015 $1,415 $15,500 $3,100 $12,400
Source: Public Records

Agents Affiliated with this Home

  • John Karam

    Seller's Agent in 2015

    John Karam

    Gentry Real Estate

    (480) 332-8605

    1 in this area

    20 Total Sales

    John Karam
    Section Image
  • Brian Rocca

    Buyer's Agent in 2015

    Brian Rocca

    Real Broker

    (480) 269-1556

    28 Total Sales

    Brian Rocca
    Section Image

  • M

    Seller's Agent in 2013

    Mohammed Munir

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5271584

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-15-339

Arizona Maricopa County Gilbert 85234 Val Vista

3990 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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