NOT LISTED FOR SALE

4047 E Olive Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $768,558 - $833,000

5 Beds
3 Baths
3,705 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 24, 2014

Last sale price $360,000 $97 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,489/month

88 Days on Market

Highlights

  • Private Pool
  • 0.2 Acre Lot
  • Corner Lot
  • Towne Meadows Elementary School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of February 2014

It is a beauty - Pictures just do not do the home the justice. Wrought iron rails, upgraded tile and carpet throughout. Five large bedroom home with 3 full baths. 5th bedroom is huge & could be a bonus room or media room. and plumbed for wet bar. Kitchen has travertine backsplash and granite counters. SS appliances and stainless steel modern pendant lights. Dining room enclosed but can be converted back to dining room. Family room is huge! Large rooms throughout. Energy saving sunscreens and shade awnings, extra insulation throughout home for additional energy savings. Home warranty too! Nice spacious yard with pool and new sod. This is a must see. Fantastic neighborhood!

Last Agent to Sell the Property

Christine Held

West USA Realty License #SA562947000 Listed on: 10/31/2013

West USA Realty

Co-Listed By

John Beshk

The Beshk Group, Inc. License #BR100253000

Last Buyer's Agent

Lydia Wietsma

NextHome Power Realty License #SA542934000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 2002

Lot Details

  • 8,626 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,705 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Storage

Schools

  • Towne Meadows Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 304-16-586

Community Details

Overview

  • Association fees include ground maintenance
  • Snow Property Servic Association, Phone Number (480) 635-1133
  • Built by US Homes
  • Rancho Collene Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,600

Year Built

Built in 2002

Lot Details

0

HOA Fees

$55 per month

Parking

3

Listing Details

  • Cross Street: Guadalupe and Recker
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 55.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2009
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2007
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2009
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2009
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: bgir01
  • Co List Office Phone: 602-309-8888
  • Subdivision Name: Rancho Collene
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 97.17
  • Association Fees:HOA Fee2: 165.0
  • Dining Area:Breakfast Bar: Yes
  • 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 Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Accessible Hallway(s)
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3705.0
  • Stories: 2
  • 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Sport Court(s), Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 165.0
  • Association Fee Frequency: Quarterly
  • Association Name: Snow Property Servic
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Snow Property Servic
  • 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: Towne Meadows Elementary School
  • 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: 8626.0
  • Parcel #: 304-16-586

Building Info

  • Builder Name: US Homes

Tax Info

  • Tax Annual Amount: 2600.0
  • Tax Book Number: 304.00
  • Tax Lot: 23
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2013
Closed on
Feb 21, 2014
Sold by
Thermann Sommer A and Thermann Adam
Bought by
Thermann Adam
Seller's Agent
Christine Held
West USA Realty
Buyer's Agent
Lydia Wietsma
NextHome Power Realty
List Price
$362,898
Sold Price
$360,000
Premium/Discount to List
-$2,898
-0.8%
Current Estimated Value
$796,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,140
Avg. Annual Appreciation
6.96%
Original Mortgage
$352,309
Outstanding Balance
$266,659
Interest Rate
4.38%
Mortgage Type
FHA
Estimated Equity
$529,481

Purchase Details

Listed on
Oct 31, 2013
Closed on
Feb 20, 2014
Sold by
Held Larry A and Held Christine
Bought by
Thermann Adam
Seller's Agent
Christine Held
West USA Realty
Buyer's Agent
Lydia Wietsma
NextHome Power Realty
List Price
$362,898
Sold Price
$360,000
Premium/Discount to List
-$2,898
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,309
Outstanding Balance
$266,659
Interest Rate
4.38%
Mortgage Type
FHA
Estimated Equity
$529,481

Purchase Details

Closed on
Jan 30, 2008
Sold by
Held Christine
Bought by
Held Larry A and Held Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2007
Sold by
Verrone David J and Verrone Deborah J
Bought by
Held Larry A and Held Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2002
Sold by
U S Home Corp
Bought by
Verrone David J and Verrone Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.17%
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
Thermann Adam -- Stewart Title & Trust Of Pho
Thermann Adam $360,000 Stewart Title & Trust Of Pho
Held Larry A -- None Available
Held Christine -- Magnus Title Agency
Held Larry A $460,410 North American Title Co
Verrone David J $221,141 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thermann Adam $352,309
Closed Thermann Adam $352,309
Previous Owner Held Christine $327,500
Previous Owner Held Larry A $320,000
Previous Owner Verrone David J $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2014 02/24/14 Sold $360,000 -0.8% $97 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $362,898 0.0% $98 / Sq Ft
01/26/2014 01/26/14 Pending -- -- --
01/24/2014 01/24/14 Price Changed $362,898 0.0% $98 / Sq Ft
01/16/2014 01/16/14 Price Changed $362,899 0.0% $98 / Sq Ft
01/14/2014 01/14/14 Price Changed $362,900 -0.2% $98 / Sq Ft
01/13/2014 01/13/14 Price Changed $363,499 0.0% $98 / Sq Ft
01/08/2014 01/08/14 Price Changed $363,500 -0.3% $98 / Sq Ft
01/07/2014 01/07/14 Price Changed $364,500 -0.1% $98 / Sq Ft
12/27/2013 12/27/13 Price Changed $364,850 0.0% $98 / Sq Ft
12/21/2013 12/21/13 Price Changed $364,900 -0.2% $98 / Sq Ft
12/17/2013 12/17/13 Price Changed $365,500 -0.1% $99 / Sq Ft
12/06/2013 12/06/13 Price Changed $365,890 0.0% $99 / Sq Ft
12/03/2013 12/03/13 Price Changed $365,898 0.0% $99 / Sq Ft
11/30/2013 11/30/13 Price Changed $365,899 0.0% $99 / Sq Ft
11/26/2013 11/26/13 Price Changed $365,900 -0.3% $99 / Sq Ft
11/22/2013 11/22/13 Price Changed $367,000 +0.3% $99 / Sq Ft
11/15/2013 11/15/13 Price Changed $365,900 +0.2% $99 / Sq Ft
10/31/2013 10/31/13 For Sale $365,000 -- $99 / 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 $3,100 $39,904 -- --
2024 $2,984 $38,004 -- --
2023 $2,984 $53,710 $10,740 $42,970
2022 $2,894 $39,300 $7,860 $31,440
2021 $3,047 $37,610 $7,520 $30,090
2020 $2,997 $34,830 $6,960 $27,870
2019 $2,758 $34,160 $6,830 $27,330
2018 $2,676 $32,880 $6,570 $26,310
2017 $2,583 $31,710 $6,340 $25,370
2016 $2,673 $30,570 $6,110 $24,460
2015 $2,435 $28,520 $5,700 $22,820
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Christine Held

    West USA Realty

    Section Image
  • John Beshk

    Seller Co-Listing Agent in 2014

    John Beshk

    The Beshk Group, Inc.

    (602) 309-8888

    54 Total Sales

    John Beshk
    Section Image
  • Lydia Wietsma

    Buyer's Agent in 2014

    Lydia Wietsma

    NextHome Power Realty

    (602) 363-1720

    2 in this area

    79 Total Sales

    Lydia Wietsma
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5028272

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-16-586

Arizona Maricopa County Gilbert 85234 Val Vista

4047 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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