NOT LISTED FOR SALE

4025 E Arabian Dr Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $402,938 - $420,000

3 Beds
2 Baths
1,312 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $422,990 $322 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,500/month

12 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • 2 Car Direct Access Garage
  • Greenfield Elementary School Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of April 2024

Photos of model home. Below market financing available. Brand new offering approximately 1,312 square feet of living space including three bedrooms, two baths, and a two-bay garage. The kitchen features Sonoma Cherry Slate cabinets, quartz countertops and plenty of cabinet space. This home also includes 7 x 22 plank tile flooring. Pictures are of Model home. Below Market Rate Financing Available.

Last Agent to Sell the Property

Joanne Hall

Lennar Sales Corp License #BR528037000 Listed on: 03/02/2024

Lennar Sales Corp

Last Buyer's Agent

Joanne Hall

Lennar Sales Corp License #BR528037000 Listed on: 03/02/2024

Lennar Sales Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $213

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 1,489 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,312 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Smart Home
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures

Schools

  • Finley Farms Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 86
  • Assessor Parcel Number 304-18-738

Community Details

Overview

  • Association fees include ground maintenance
  • Warner Meadow Association
  • Built by Lennar
  • Warner Meadow Phase 2 Subdivision, Verdin Floorplan

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$213

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Cross Street: Warner & Recker
  • 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: 235.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2024
  • Tax Year: 2023
  • Master Model: Verdin
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: WARNER MEADOW PHASE 2
  • New Construction: No
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 322.4
  • Association Fees:HOA Fee2: 235.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1312.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Front, Dirt Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: 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
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association Name: Warner Meadow
  • Phone: 000-000-0000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Warner Meadow
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Finley Farms Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1489.0
  • Parcel #: 304-18-738

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 213.0
  • Tax Book Number: 304.00
  • Tax Lot: 86
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Apr 25, 2024
Sold by
Lennar Arizona Llc
Bought by
Mendoza Joseph
Seller's Agent
Joanne Hall
Lennar Sales Corp
Buyer's Agent
Joanne Hall
Lennar Sales Corp
List Price
$422,990
Sold Price
$422,990
Views
54
Current Estimated Value
$411,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,521
Avg. Annual Appreciation
-1.64%
Original Mortgage
$415,328
Outstanding Balance
$409,347
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$2,122
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
Mendoza Joseph $422,990 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Joseph $415,328
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $422,990 0.0% $322 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $422,990 -- $322 / 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 $1,310 $2,359 $2,359 --
2024 $213 $2,247 $2,247 --
2023 $213 $5,760 $5,760 $0
2022 $208 $3,705 $3,705 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joanne Hall

    Lennar Sales Corp

    (623) 236-3376

    40 in this area

    1,191 Total Sales

    Joanne Hall
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6671631

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-18-738

Arizona Maricopa County Gilbert 85296 Morrison Ranch

4025 E Arabian Dr, Gilbert, AZ

Not Listed for Sale

Townhouses

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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