NOT LISTED FOR SALE

4086 E Palo Verde St Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $837,325 - $877,000

4 Beds
3.5 Baths
3,088 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $530,000 $172 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,883/month

Highlights

  • Private Pool
  • Wood Flooring
  • Covered Patio or Porch
  • Greenfield Elementary School Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of February 2020

Pristine Residence in the Exclusive Elliot Groves at Morisson Ranch Subdivision! This immaculate 4 bed 3.5 bath, 3088 sq ft, 3 car tandem garage, with a den and loft is situated on a spacious 7200 sq ft lot. This property boasts of upgrades galore! **PAVER LINED DRIVEWAY** **TREE LINED STREETS** **CUSTOM WOOD FLOORING** **OFFICE/DEN** **CUSTOM WAINSCOTING** **CUSTOM WOOD STAIR RAILING** **COFFERED CEILING** **CUSTOM GOURMET KITCHEN** **CROWN MOLDING** **STAINLESS STEEL APPLIANCES** **QUARTZ COUNTERTOPS** **HUGE ISLAND** **WALK-IN PANTRY** **BACKSPLASH** **CUSTOM MASTER CLOSET** **RESORT STYLE BACK YARD*** Close to great schools, freeways, shopping and dining! This one has it all! This will move fast! Make this one yours today!

Last Agent to Sell the Property

Frank Gerola

Venture REI, LLC License #SA645607000 Listed on: 02/07/2020

Venture REI, LLC

Co-Listed By

Kevin McKiernan

Venture REI, LLC License #SA632762000

Last Buyer's Agent

Ted Yeager

Presidential Realty, LLC License #SA556379000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,997

Year Built

  • Built in 2014

Lot Details

  • 7,200 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Greenfield Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

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

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 304-70-826

Community Details

Overview

  • Association fees include ground maintenance
  • Morrison Ranch Comm Association, Phone Number (480) 892-2267
  • Built by Ashton Woods
  • Elliot Groves At Morrison Ranch Phase 1 Subdivision, Aspen Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,997

Year Built

Built in 2014

Lot Details

0

HOA Fees

$107 per month

Parking

3

Listing Details

  • Cross Street: Elliot Rd. & Recker Rd.
  • 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: 107.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Tax Year: 2019
  • Master Model: Aspen
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: vrei03
  • Co List Office Phone: 480-636-4893
  • Subdivision Name: ELLIOT GROVES AT MORRISON RANCH PHASE 1
  • Architectural Style: Other
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 171.63
  • Association Fees:HOA Fee2: 321.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Separate Shwr & Tub
  • Living Area: 3088.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: 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
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: None, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 321.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch Comm
  • Phone: 480-892-2267
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch Comm
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 428.0
  • 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: Greenfield Elementary School
  • 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: 7200.0
  • Parcel #: 304-70-826

Building Info

  • Builder Name: Ashton Woods

Tax Info

  • Tax Annual Amount: 2997.0
  • Tax Book Number: 304.00
  • Tax Lot: 131
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Feb 4, 2020
Sold by
Yeager Emily and Yeager Stephen Levi
Bought by
Yeager Stephen Levi
Seller's Agent
Frank Gerola
Venture REI, LLC
Buyer's Agent
Ted Yeager
Presidential Realty, LLC
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$857,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,485
Avg. Annual Appreciation
8.57%
Original Mortgage
$424,000
Outstanding Balance
$375,422
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$481,409

Purchase Details

Closed on
Dec 18, 2013
Sold by
Ashton Woods Arizona Llc
Bought by
Schulman Christopher and Schulman Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,532
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yeager Stephen Levi -- Chicago Title Agency
Yeager Stephen Levi $530,000 Chicago Title Agency
Schulman Christopher $400,665 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeager Stephen Levi $424,000
Previous Owner Schulman Christopher $320,532
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $530,000 0.0% $172 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $530,000 -- $172 / 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 $3,396 $42,469 -- --
2024 $3,279 $40,447 -- --
2023 $3,279 $61,070 $12,210 $48,860
2022 $3,167 $44,330 $8,860 $35,470
2021 $3,307 $41,500 $8,300 $33,200
2020 $3,252 $39,810 $7,960 $31,850
2019 $2,997 $37,950 $7,590 $30,360
2018 $2,885 $35,360 $7,070 $28,290
2017 $2,790 $33,450 $6,690 $26,760
2016 $2,787 $34,250 $6,850 $27,400
2015 $2,656 $33,860 $6,770 $27,090
Source: Public Records

Agents Affiliated with this Home

  • Frank Gerola

    Seller's Agent in 2020

    Frank Gerola

    Venture REI, LLC

    (480) 231-3401

    18 in this area

    329 Total Sales

    Frank Gerola
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kevin McKiernan

    Venture REI, LLC

    (480) 363-4893

    17 in this area

    304 Total Sales

    Kevin McKiernan
    Section Image
  • Ted Yeager

    Buyer's Agent in 2020

    Ted Yeager

    Presidential Realty, LLC

    (480) 329-6901

    48 Total Sales

    Ted Yeager
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6034488

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-70-826

Arizona Maricopa County Gilbert 85296 Morrison Ranch

4086 E Palo Verde St, 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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