NOT LISTED FOR SALE

4267 E Lantern Place Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $643,000 - $676,000

4 Beds
3 Baths
2,730 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $585,000 $214 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,959/month

7 Days on Market

Highlights

  • 0.19 Acre Lot
  • Community Lake
  • Vaulted Ceiling
  • Power Ranch Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of August 2021

Don't miss out on this 4 bed/3bath home located in Gilbert's highly rated Power Ranch Community! This oversized corner lot features mature trees and plenty of room to add a sparkling pool. From the beautiful mature trees to the stunning entrance featuring a wrap around staircase this upgraded home has one of the best layouts including a full bath and a den on the lower level. An owners suite that is separate
from the secondary bedrooms. Clean with neutral finishes throughout. 3 car garage with plenty of storage. Freshly painted interior and exterior in 2019. Very quiet street with access to community trails right out your front door. Power ranch offers so many amenities including community pools, splash pads and hiking and biking trails and several parks throughout the community.

Last Agent to Sell the Property

Katie Cooley

HomeSmart License #SA546083000 Listed on: 07/29/2021

Last Buyer's Agent

Jasmyn Anderson

Arizona Best Real Estate License #SA692826000

Arizona Best Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 2001

Lot Details

  • 8,308 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Power Ranch Elementary

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 313-02-443

Community Details

Overview

  • Association fees include ground maintenance
  • Power Ranch Associat Association, Phone Number (833) 301-4583
  • Built by Meritage
  • Power Ranch Neighborhood 1 Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,848

Year Built

Built in 2001

Lot Details

0

HOA Fees

$87 per month

Parking

3

Listing Details

  • Cross Street: Germann & Higley
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 86.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Tax Year: 2020
  • Directions: East on Germann Rd to Ranch House Parkway. South to Tannery, West to Maverick, South to Lantern Place. Located in the Mountain Park Section of Power Ranch
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 260.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2730.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Synthetic Stucco, Wood Frame, Brick Veneer, Painted, Stucco, Stone
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • 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, Community Pool Htd, Community Pool, Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association Fee: 260.0
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch Associat
  • Phone: 833-301-4583
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 382.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch Associat
  • Association Fees:HOA Telephone4: 833-301-4583
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Power Ranch Elementary
  • Middle Or Junior School: Power Ranch Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8308.0
  • Parcel #: 313-02-443
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 2848.0
  • Tax Book Number: 313.00
  • Tax Lot: 81
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 25, 2021
Sold by
Lober David
Bought by
Horan Deborah
Seller's Agent
Katie Cooley
HomeSmart
Buyer's Agent
Jasmyn Anderson
Arizona Best Real Estate
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$663,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,240
Avg. Annual Appreciation
3.00%
Original Mortgage
$465,000
Outstanding Balance
$427,700
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,177

Purchase Details

Closed on
Mar 29, 2005
Sold by
Lober Katie J
Bought by
Lober David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2004
Sold by
Household Realty Corp
Bought by
Lober David and Lober Katie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,950
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2003
Sold by
Portillo Evonne and Portillo Nelson R
Bought by
Household Realty Corp

Purchase Details

Closed on
May 5, 2002
Sold by
Meritage Homes Arizona Inc
Bought by
Portillo Nelson R and Portillo Evonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,325
Interest Rate
9.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Horan Deborah $585,000 Empire Title Agency
Lober David -- Ticor Title Agency Of Az Inc
Lober David $221,000 Fidelity National Title
Household Realty Corp $223,899 Chicago Title Co
Portillo Nelson R $245,349 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horan Deborah $465,000
Previous Owner Lober David $202,000
Previous Owner Lober David $150,000
Previous Owner Lober David $273,000
Previous Owner Lober David $214,200
Previous Owner Lober David $60,894
Previous Owner Lober David $209,950
Previous Owner Portillo Nelson R $245,325
Closed Lober David $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $585,000 0.0% $214 / Sq Ft
07/29/2021 07/29/21 For Sale $585,000 -- $214 / 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 $2,119 $26,780 -- --
2024 $2,424 $25,505 -- --
2023 $2,424 $45,000 $9,000 $36,000
2022 $2,316 $34,020 $6,800 $27,220
2021 $2,806 $31,860 $6,370 $25,490
2020 $2,848 $29,450 $5,890 $23,560
2019 $2,763 $26,700 $5,340 $21,360
2018 $2,676 $25,410 $5,080 $20,330
2017 $2,585 $24,030 $4,800 $19,230
2016 $2,574 $23,660 $4,730 $18,930
2015 $1,945 $23,720 $4,740 $18,980
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Katie Cooley

    HomeSmart

  • Jasmyn Anderson

    Buyer's Agent in 2021

    Jasmyn Anderson

    Arizona Best Real Estate

    (602) 568-4758

    1 in this area

    11 Total Sales

    Jasmyn Anderson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6271144

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-02-443

Arizona Maricopa County Gilbert 85297 Power Ranch

4267 E Lantern Place, Gilbert, AZ

This home is located at 4267 E Lantern Place, Gilbert, AZ 85297 since 29 July 2021 and is currently estimated at $663,240, approximately $242 per square foot. This property was built in 2001. 4267 E Lantern Place is a home located in Maricopa County with nearby schools including Power Ranch Elementary School, Sossaman Middle School, and Higley High School.

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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