NOT LISTED FOR SALE

4178 E Lexington Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $647,681 - $741,000

5 Beds
3 Baths
3,098 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 24, 2013

Last sale price $367,000 $118 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,056/month

3 Days on Market

Highlights

  • RV Gated
  • Community Lake
  • Eat-In Kitchen
  • Highland Park Elementary Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of September 2013

Located directly across street from playground & fishing lake in highly desirable Morrison Ranch! Beautiful 5 bedroom/3 bath home. Cherry cabinets w/4'' crown molding, stainless steel Kitchenaid appliances, GAS range, breakfast bar on island, walk in panty.Wrought Iron/wood banister. 20'' diagonal tile flooring. Upgraded carpeting.Decorator paint. Huge 19x15 loft! Roman shades in living, family room & master. 1 bedroom/full bath downstairs. 4 bedrooms/2 bathrooms upstairs. Huge laundry room w/sink upstairs. Extended covered patio. Big grassy backyard. 3 car Tandem garage with insulated garage door. Low E windows. Sunscreens on south side of home. NOTE: Bedroom drapes match bedding and do not convey. Wall mounted surround sound speakers do not convey.

Last Agent to Sell the Property

Kathy Mayus

HomeSmart License #BR528525000 Listed on: 06/01/2013

HomeSmart

Last Buyer's Agent

Jo Lene Gibb

HomeSmart License #SA640213000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,966

Year Built

  • Built in 2006

Lot Details

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

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,098 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

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

Listing and Financial Details

  • Short Sale
  • Tax Lot 49
  • Assessor Parcel Number 313-12-414

Community Details

Overview

  • Association fees include ground maintenance
  • Morrison Ranch HOA, Phone Number (480) 921-7500
  • Built by Morrison
  • Highland Groves @ Morrison Ranch Subdivision
  • Community Lake

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,966

Year Built

Built in 2006

Lot Details

0

HOA Fees

$96 per month

Parking

3

Listing Details

  • Cross Street: Recker & Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 2006
  • Tax Year: 2012
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Highland Groves @ Morrison Ranch
  • General Property Description:PriceSqFt: 118.46
  • Association Fees:HOA Fee2: 288.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Listing Cond:Short Sale: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3098.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground
  • Association Fee: 288.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch HOA
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 734.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 192.0
  • 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: Highland Park Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6600.0
  • Parcel #: 313-12-414

Building Info

  • Builder Name: Morrison

Tax Info

  • Tax Annual Amount: 1966.0
  • Tax Book Number: 313.00
  • Tax Lot: 49
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2013
Closed on
Sep 1, 2013
Sold by
Taylor Derek R
Bought by
Rewind 1 Llc
Seller's Agent
Kathy Mayus
HomeSmart
Buyer's Agent
Jo Lene Gibb
HomeSmart
List Price
$345,000
Sold Price
$367,000
Premium/Discount to List
$22,000
6.38%
Current Estimated Value
$705,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,920
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
May 17, 2013
Sold by
Taylor Melissa K
Bought by
Taylor Derek R

Purchase Details

Closed on
May 9, 2006
Sold by
Morrison Homes Of Arizona Inc
Bought by
Taylor Derek R and Taylor Melissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,477
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
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
Rewind 1 Llc $367,000 Title365 Agency
Taylor Derek R -- None Available
Taylor Derek R $456,517 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
Previous Owner Morrison Homes Of Arizona Inc $68,477
Previous Owner Taylor Derek R $365,213
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2013 09/24/13 Sold $367,000 +6.4% $118 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $345,000 -- $111 / 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 $3,128 $33,150 -- --
2024 $3,020 $31,571 -- --
2023 $3,020 $47,360 $9,470 $37,890
2022 $2,933 $36,950 $7,390 $29,560
2021 $3,030 $35,100 $7,020 $28,080
2020 $2,984 $33,100 $6,620 $26,480
2019 $2,773 $31,180 $6,230 $24,950
2018 $2,681 $29,680 $5,930 $23,750
2017 $2,595 $27,830 $5,560 $22,270
2016 $2,597 $27,830 $5,560 $22,270
2015 $2,426 $26,470 $5,290 $21,180
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kathy Mayus

    HomeSmart

    Section Image

  • J

    Buyer's Agent in 2013

    Jo Lene Gibb

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4945555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-12-414

Arizona Maricopa County Gilbert 85234 Val Vista

4178 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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