NOT LISTED FOR SALE

4303 E Morrison Ranch Pkwy Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $835,289 - $955,000

4 Beds
3 Baths
3,258 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $850,000 $261 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,132/month

50 Days on Market

Highlights

  • Home Energy Rating Service (HERS) Rated Property
  • Community Lake
  • Granite Countertops
  • Greenfield Elementary School Rated A-
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of September 2023

Beautiful doesn't describe this single level home located on a corner lot in the desirable Elliot Groves at Morrison Ranch. 3258 sf, 4 bedrooms, 3 baths, den/office, & bonus room! Exquisite touches throughout w/elegant wood-paneled ceiling entry, wood-like tile floors, shutters, formal dining, greatroom w/extended living room, & a HUGE laundry/bonus room for an in-home gym. Gorgeous granite counters, upscale cabinets, stone backsplash, oversized breakfast bar island, gas cooktop, dbl ovens & SS appliances. The split master suite has a large walk-in closet, raised vanity, soaking tub, & walk-in shower. All bedrooms are spacious and have walk-in closets. The well-designed backyard offers peace and serenity with a fountain, mature landscaping, & paved ramada area w/built-in cooktop burner

Last Agent to Sell the Property

Yolana Isham

Isham Real Estate Group, LLC License #BR575845000 Listed on: 06/12/2023

Last Buyer's Agent

Andrea Lilienfeld

My Home Group Real Estate License #SA657083000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 2016

Lot Details

  • 9,738 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,258 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Energy Monitoring System
  • Mechanical Fresh Air

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 304-18-087

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Ccmc Association, Phone Number (480) 892-2267
  • Built by Taylor Morrison Homes
  • Elliot Groves At Morrison Ranch Phase 2 Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,062

Year Built

Built in 2016

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Cross Street: Recker & Elliot
  • 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: 117.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Energy Green Feature H E R S Rating: Y
  • Green Energy Certified Year: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2016
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: ELLIOT GROVES AT MORRISON RANCH PHASE 2
  • Architectural Style: Ranch
  • Efficiency: Energy Audit, Fresh Air Mechanical
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 260.9
  • Association Fees:HOA Fee2: 351.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3258.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, 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:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 351.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch
  • Phone: 480-892-2267
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 234.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 351.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 234.0
  • Association Fees:Other Fees Description: Reserve Contribution
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: CCMC
  • Association Fees:HOA Management Phone: (480) 892-2267
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 9738.0
  • Parcel #: 304-18-087

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Taylor Morrison Homes

Tax Info

  • Tax Annual Amount: 3062.0
  • Tax Book Number: 304.00
  • Tax Lot: 68
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Sep 7, 2023
Sold by
Lafear Willis D and Lafear Judy B
Bought by
Liu Chao Shih and Liu Hui Lan
Seller's Agent
Yolana Isham
Isham Real Estate Group, LLC
Buyer's Agent
Andrea Lilienfeld
My Home Group Real Estate
List Price
$885,000
Sold Price
$850,000
Premium/Discount to List
-$35,000
-3.95%
Views
172
Current Estimated Value
$894,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,922
Avg. Annual Appreciation
2.30%
Original Mortgage
$310,000
Outstanding Balance
$303,238
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$591,834

Purchase Details

Closed on
Mar 9, 2016
Sold by
Tm Homes Of Arizona Inc
Bought by
Lafear Willis D and Lafear Judy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,552
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Liu Chao Shih $850,000 Ez Title Services
Lafear Willis D $473,552 First American Title Ins Co
Tm Homes Of Arizona Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Chao Shih $310,000
Previous Owner Lafear Willis D $273,552
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2023 09/07/23 Sold $850,000 -4.0% $261 / Sq Ft
08/05/2023 08/05/23 For Sale $885,000 0.0% $272 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/03/2023 08/03/23 Off Market $885,000 -- --
07/26/2023 07/26/23 Price Changed $885,000 -1.1% $272 / Sq Ft
06/14/2023 06/14/23 For Sale $895,000 -- $275 / 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 $3,909 $41,398 -- --
2024 $3,172 $39,427 -- --
2023 $3,172 $62,060 $12,410 $49,650
2022 $3,062 $47,180 $9,430 $37,750
2021 $3,213 $44,260 $8,850 $35,410
2020 $3,162 $41,780 $8,350 $33,430
2019 $2,915 $38,230 $7,640 $30,590
2018 $2,798 $36,160 $7,230 $28,930
2017 $2,731 $37,360 $7,470 $29,890
2016 $796 $9,135 $9,135 $0
2015 $721 $7,808 $7,808 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6568446

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-18-087