NOT LISTED FOR SALE

4118 E Lexington Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $516,688 - $581,000

4 Beds
2 Baths
1,872 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $240,000 $128 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,103/month

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Tile Flooring
  • Highland Park Elementary Rated A-
  • Double Vanity
  • Kitchen Island

About This Home

As of November 2013

Very popular floorplan in the highly sought after subdivision of Morrison Ranch! Tree lined streets, white picket fences & your own mailbox in the front yard! 4 bedrooms, 2 bathrooms and almost 1900 sq.ft. on a single level. Split floorplan with a greatroom and eat-in kitchen area. Beautifully upgraded kitchen with rich maple cabinetry, black appliances & a large center island. 2 inch faux wood blinds t/o, ceiling fans t/o, upgraded tile in all the right places, upgraded lighting, panel doors w upgraded hardware, epoxy garage flooring, N/S exposure and much much more! Very close to Big League Dreams, shopping, restaurants and the 202 frwy and US60 frwy.

Last Agent to Rent the Property

Janie Westergard

Power Realty Services License #BR104481000 Listed on: 10/20/2013

Last Renter's Agent

Janie Westergard

Power Realty Services License #BR104481000 Listed on: 10/20/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 6,600 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Highland Park Elementary School
  • Greenfield Elementary Middle School
  • Highland Elementary School

Utilities

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

Listing and Financial Details

  • Property Available on 10/20/13
  • 12-Month Minimum Lease Term
  • Tax Lot 55
  • Assessor Parcel Number 313-12-420

Community Details

Overview

  • Property has a Home Owners Association
  • Morrison Ranch Association, Phone Number (480) 921-7500
  • Built by Morrison Homes
  • Highland Groves At Morrison Ranch Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2013-10-20

Listing Details

  • Cross Street: Elliot & Recker
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2007
  • Rental Info H O A Name: Morrison Ranch
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Highland Groves at Morrison Ranch
  • Architectural Style: Ranch
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1872.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Name: Morrison Ranch
  • Phone: 480-921-7500
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 6600.0
  • Parcel #: 313-12-420

Building Info

  • Builder Name: Morrison Homes

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 55
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2013
Closed on
Oct 5, 2013
Sold by
Heinze Eric and Heinze Kristina
Bought by
Ruiz Enrique and Ruiz Victoria J
Seller's Agent
Janie Westergard
Power Realty Services
Buyer's Agent
Janie Westergard
Power Realty Services
Sold Price
$1,395
Current Estimated Value
$554,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,527
Avg. Annual Appreciation
7.10%
Original Mortgage
$120,000
Outstanding Balance
$90,136
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$464,786

Purchase Details

Closed on
Oct 17, 2009
Sold by
Lueck Travis
Bought by
Heinze Eric and Heinze Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,341
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2009
Sold by
Reynolds Daniel J and Reynolds Tina M
Bought by
Lueck Travis

Purchase Details

Closed on
May 9, 2006
Sold by
Morrison Homes Of Arizona Inc
Bought by
Reynolds Daniel J and Reynolds Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,647
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ruiz Enrique $240,000 Security Title Agency
Heinze Eric $202,000 Security Title Agency
Lueck Travis $170,100 None Available
Reynolds Daniel J $368,236 First American Title Ins Co
Morrison Homes Of Arizona Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Enrique $120,000
Previous Owner Heinze Eric $198,341
Previous Owner Morrison Homes Of Arizona Inc $73,647
Previous Owner Reynolds Daniel J $294,588
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2013 11/14/13 Rented $1,395 0.0% --
11/01/2013 11/01/13 Under Contract -- -- --
10/20/2013 10/20/13 For Rent $1,395 0.0% --
10/15/2013 10/15/13 Sold $240,000 0.0% $128 / Sq Ft View Prior Sale
09/14/2013 09/14/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $239,900 -- $128 / 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 $2,348 $24,684 -- --
2024 $2,266 $23,508 -- --
2023 $2,266 $38,550 $7,710 $30,840
2022 $2,200 $30,180 $6,030 $24,150
2021 $2,271 $28,510 $5,700 $22,810
2020 $2,237 $26,650 $5,330 $21,320
2019 $2,079 $24,730 $4,940 $19,790
2018 $2,005 $22,980 $4,590 $18,390
2017 $1,941 $21,070 $4,210 $16,860
2016 $2,256 $20,830 $4,160 $16,670
2015 $1,814 $19,480 $3,890 $15,590
Source: Public Records

Agents Affiliated with this Home

  • Deena Fischer

    Seller's Agent in 2013

    Deena Fischer

    DPR Realty

    (480) 600-6878

    1 in this area

    41 Total Sales

    Deena Fischer
    Section Image
  • Janie Westergard

    Landlord's Agent in 2013

    Janie Westergard

    Power Realty Services

    (480) 330-4922

    9 Total Sales

    Janie Westergard
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5018290

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-12-420

Arizona Maricopa County Gilbert 85234 Val Vista

4118 E Lexington 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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