NOT LISTED FOR SALE

4278 E Lantern Place Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $547,978 - $581,000

3 Beds
2.5 Baths
2,131 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $357,000 $168 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,245/month

6 Days on Market

Highlights

  • 0.18 Acre Lot
  • Heated Community Pool
  • Covered Patio or Porch
  • Power Ranch Elementary School Rated A-
  • Tennis Courts
  • 3 Car Direct Access Garage

About This Home

As of July 2019

Welcome to your New Home! Located in the heart of prestigious Power Ranch where you can enjoy over 26 miles of walking/bike trails, a fishing lake, tennis/pickle ball courts, two clubhouses, two public pools, one heated for year round use, numerous community events and many play parks with organized sports activities for all ages!! This well cared for single story with a three car garage, updated custom paint throughout, beautiful landscaping with the backyard overlooking a spacious greenbelt makes this a very sought after place to call home. Enjoy cookouts on the expanded patio, improving your golf skills with your own putting green and chipping area, or just listening to the relaxing sounds of your own waterfall. Home Warranty included Come take a look you won't be disappoint

Last Agent to Sell the Property

Bert Hustad

Realty ONE Group License #SA653717000 Listed on: 06/02/2019

Last Buyer's Agent

Jennifer Hart

My Home Group Real Estate License #SA669456000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,128

Year Built

  • Built in 2003

Lot Details

  • 8,044 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,131 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Smart Home
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Power Ranch Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Ducts Professionally Air-Sealed
  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 102
  • Assessor Parcel Number 313-02-464

Community Details

Overview

  • Association fees include ground maintenance
  • Power Ranch Association, Phone Number (480) 988-0960
  • Built by Meritage
  • Power Ranch Neighborhood 1 Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,128

Year Built

Built in 2003

Lot Details

0

HOA Fees

$81 per month

Parking

3

Listing Details

  • Cross Street: Power Rd & Queen Creek
  • 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: 80.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 1
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 167.53
  • Association Fees:HOA Fee2: 242.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Water Purifier
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2131.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Painted, Ducts Professionally Air-Sealed
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Ducts Professionally Air-Sealed: Yes
  • Construction:Blown Cellulose: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: 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: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 242.0
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch
  • Phone: 480-988-0960
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 385.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 750.0
  • 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: Power Ranch Elementary
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8044.0
  • Parcel #: 313-02-464

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 2128.0
  • Tax Book Number: 313.00
  • Tax Lot: 102
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Jun 17, 2019
Sold by
Hustad Bert G and Husted Kathleen C
Bought by
Satana Peak Marilyn
Seller's Agent
Bert Hustad
Realty ONE Group
Buyer's Agent
Jennifer Hart
My Home Group Real Estate
List Price
$357,000
Sold Price
$357,000
Current Estimated Value
$570,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,245
Avg. Annual Appreciation
7.49%
Original Mortgage
$285,600
Outstanding Balance
$250,603
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$319,642

Purchase Details

Closed on
Nov 11, 2003
Sold by
Maritage Homes Arizona Inc
Bought by
Hustad Bert G and Hustad Kathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.89%
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
Satana Peak Marilyn $357,000 Greystone Title Agency Llc
Hustad Bert G $215,729 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satana Peak Marilyn $285,600
Previous Owner Hustad Bert G $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $357,000 0.0% $168 / Sq Ft
06/02/2019 06/02/19 For Sale $357,000 -- $168 / 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 $2,117 $28,597 -- --
2024 $2,270 $27,235 -- --
2023 $2,270 $42,720 $8,540 $34,180
2022 $2,169 $32,670 $6,530 $26,140
2021 $2,235 $30,270 $6,050 $24,220
2020 $2,279 $28,130 $5,620 $22,510
2019 $2,206 $25,530 $5,100 $20,430
2018 $2,128 $24,120 $4,820 $19,300
2017 $2,051 $22,300 $4,460 $17,840
2016 $2,088 $22,250 $4,450 $17,800
2015 $1,821 $22,180 $4,430 $17,750
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bert Hustad

    Realty One Group

    Section Image

  • J

    Buyer's Agent in 2019

    Jennifer Hart

    My Home Group

    (480) 685-2760

    39 Total Sales

    Jennifer Hart
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5935225

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-02-464

Arizona Maricopa County Gilbert 85297 Power Ranch

4278 E Lantern Place, 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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