NOT LISTED FOR SALE

4040 E Ranch Rd Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $503,000 - $553,000

4 Beds
3 Baths
2,270 Sq Ft
$230/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $334,990 $148 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,961/month

132 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Heated Community Pool
  • Gateway Pointe Elementary School Rated A-
  • Private Yard
  • Covered Patio or Porch

About This Home

As of April 2018

This beautiful model home is loaded with options, including a spacious modern kitchen with an oversized island, sleek stainless steel appliances, custom 42-in. upper cabinets finished in Hazelnut Glaze, recessed can lighting, and elegant pendant lighting over the island. In addition, the granite countertops and island are finished in Bianco Antico with an undermount sink. This home also includes KB Connect structured wiring panel, KB Secure Choice alarm system, and pre-wiring for KB Entertain surround sound. Upstairs you’ll discover a spacious loft that can be used as a children’s play area or secondary TV room, as well as a mini-office/tech room. The upgraded super master bath features an oversized tub and large walk-in shower.

Last Agent to Sell the Property

Todd Linsenbach

KB Home Sales License #BR536839000 Listed on: 11/02/2017

Last Buyer's Agent

Anne Sheldon

Compass License #BR663185000

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 3,757 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Private Yard

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gateway Pointe Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 314-07-336

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Trestle Management Association, Phone Number (480) 422-0888
  • Built by KB Home
  • Copper Ranch Subdivision
  • FHA/VA Approved Complex

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Cross Street: Recker Road and Warner
  • 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: 74.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2015
  • Tax Year: 2017
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.09
  • Subdivision Name: COPPER RANCH
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 147.57
  • Association Fees:HOA Fee2: 74.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Breakfast Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2270.0
  • Stories: 2
  • Window Features: Vinyl Frame, ENERGY STAR Qualified Windows, Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: 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
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Engy Star (See Rmks)2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool, Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 74.0
  • 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: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Trestle Management
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 250.0
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Gateway Pointe Elementary
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3757.0
  • Parcel #: 314-07-336
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • GreenEnergy Cert:Energy Star Cert: Yes

Building Info

  • Builder Name: KB Home

Tax Info

  • Tax Book Number: 314.00
  • Tax Lot: 4
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Apr 25, 2018
Sold by
Kb Home Phoenix Inc
Bought by
Kb Home Sales Phoenix Inc
Seller's Agent
Todd Linsenbach
KB Home Sales
Buyer's Agent
Anne Sheldon
Compass
List Price
$334,990
Sold Price
$334,990
Current Estimated Value
$522,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,753
Avg. Annual Appreciation
5.98%
Original Mortgage
$318,240
Outstanding Balance
$273,681
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$249,062

Purchase Details

Listed on
Nov 2, 2017
Closed on
Apr 1, 2018
Sold by
Kb Homes Sales Phoenix Inc
Bought by
Brown Jennifer
Seller's Agent
Todd Linsenbach
KB Home Sales
Buyer's Agent
Anne Sheldon
Compass
List Price
$334,990
Sold Price
$334,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,240
Outstanding Balance
$273,681
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$249,062
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
Kb Home Sales Phoenix Inc -- First American Title Insuran
Brown Jennifer $334,990 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jennifer $318,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $334,990 0.0% $148 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $334,990 0.0% $148 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $334,990 0.0% $148 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $334,990 -- $148 / 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 $1,776 $25,479 -- --
2024 $2,036 $24,265 -- --
2023 $2,036 $38,960 $7,790 $31,170
2022 $1,946 $29,400 $5,880 $23,520
2021 $2,002 $27,950 $5,590 $22,360
2020 $2,040 $26,610 $5,320 $21,290
2019 $1,980 $24,120 $4,820 $19,300
2018 $1,908 $22,870 $4,570 $18,300
2017 $2,167 $22,960 $4,590 $18,370
2016 $2,190 $21,610 $4,320 $17,290
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Todd Linsenbach

    KB Home Sales

  • Anne Sheldon

    Buyer's Agent in 2018

    Anne Sheldon

    Compass

    (480) 694-4151

    50 Total Sales

    Anne Sheldon
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5682458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 314-07-336

Arizona Maricopa County Gilbert 85296 Morrison Ranch

4040 E Ranch Rd, 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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