NOT LISTED FOR SALE

4331 E Lantern Place Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $628,064 - $652,000

4 Beds
3 Baths
2,730 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $470,000 $172 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,612/month

20 Days on Market

Highlights

  • RV Gated
  • 0.19 Acre Lot
  • Granite Countertops
  • Power Ranch Elementary School Rated A-
  • Community Lake
  • Heated Community Pool

About This Home

As of December 2020

Beautifully updated home in the highly sought after community of Power Ranch. This open & bright 4 bedroom, 3 bathroom plus office AND loft floor plan offers 2 living spaces perfect for entertaining friends and family. Enjoying this large kitchen is a breeze with flat top stove/oven, microwave, granite countertops, extended island and beautiful backsplash. The large master bedroom boasts a lovely private bathroom with a walk in shower and 2 walk in closets. 3-car garage with cabinets & overhead storage, 8' garage doors, NEW upstairs AC unit, NEW flooring upstairs and NEW paint throughout. Stunning extended back patio that is perfect to enjoy the fall Arizona evenings. All this and a great location too! With an award-winning community including tree lined streets, endless walking paths, catch-and-release fishing lakes, clubhouse/reception halls, pools/spas, playgrounds, and neighborhood elementary school. This one won't disappoint!

Last Agent to Sell the Property

Adam Lee

My Home Group Real Estate License #SA567325000 Listed on: 10/29/2020

Last Buyer's Agent

Daniella Lamis

Realty ONE Group License #SA677003000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 2001

Lot Details

  • 8,400 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 313-02-447

Community Details

Overview

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

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,853

Year Built

Built in 2001

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Cross Street: Queen Creek & Ranch House Pkwy.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 83.0
  • 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
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 1
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 172.16
  • Association Fees:HOA Fee2: 249.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2730.0
  • Stories: 2
  • 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: 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
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Community Spa, Community Spa Htd, Community Pool Htd, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 249.0
  • 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: 382.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1000.0
  • 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: 8400.0
  • Parcel #: 313-02-447

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 2853.0
  • Tax Book Number: 313.00
  • Tax Lot: 85
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Theine Paul and Theine Melissa
Bought by
Paul And Melissa Theine Trust and Theine
Current Estimated Value
$640,266

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 2, 2020
Sold by
Baker Thomas A and Baker Ellen J
Bought by
Theine Paul and Theine Melissa
Seller's Agent
Adam Lee
My Home Group Real Estate
Buyer's Agent
Daniella Lamis
Realty ONE Group
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$352,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2002
Sold by
Meritage Homes Arizona Inc
Bought by
Baker Thomas A and Baker Ellen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,300
Interest Rate
7.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paul And Melissa Theine Trust -- None Listed On Document
Theine Paul $470,000 Ez Title Agency Llc
Baker Thomas A $217,187 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Theine Paul $352,500
Previous Owner Baker Thomas A $206,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $470,000 +4.4% $172 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $450,000 0.0% $165 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $450,000 -- $165 / 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 $1,981 $30,591 -- --
2024 $2,429 $29,135 -- --
2023 $2,429 $45,060 $9,010 $36,050
2022 $2,321 $34,060 $6,810 $27,250
2021 $2,391 $31,900 $6,380 $25,520
2020 $2,853 $29,480 $5,890 $23,590
2019 $2,769 $26,730 $5,340 $21,390
2018 $3,076 $25,450 $5,090 $20,360
2017 $2,194 $24,060 $4,810 $19,250
2016 $2,192 $23,700 $4,740 $18,960
2015 $1,948 $23,760 $4,750 $19,010
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Adam Lee

    My Home Group Real Estate

  • Daniella Lamis

    Buyer's Agent in 2020

    Daniella Lamis

    Realty One Group

    (480) 296-4755

    1 in this area

    33 Total Sales

    Daniella Lamis
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6153678

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-02-447

Arizona Maricopa County Gilbert 85297 Power Ranch

4331 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

Nearby Homes