$595,000
SOLD APR 14, 2025
4 Beds
2.5 Baths
2,195 Sq Ft
3,960 Sq Ft Lot

Recently Sold

$271 Per Sq Ft

1% Below List Price

158 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • Contemporary Architecture
  • Highland Park Elementary Rated A-
  • Community Lake
  • Granite Countertops

About This Home

As of April 2025

Welcome to Morrison Ranch, where even the cows are contemplating moving in for the sheer charm of this place. With an assumable loan option, a lower interest rate is possible. Gilbert's quirkiest and most delightful enclave has just what you're looking for - and probably a few things you didn't know you needed.

As you step onto Foundation St, you're greeted by a 2-car garage that says, ''Yes, I can fit two cars, and maybe even a unicycle if you're feeling adventurous.''

This stunning 4-bed, 2.5-bath palace of practicality offers a whopping 2200 sq ft of living space, ensuring you have all the room you need for activities you'll never get around to.

Click on ''more'' for additional fun!! With high ceilings that practically scrape the sky, a neutral palette that's the Switzerland of color schemes, and durable tile flooring that can survive everything from toddler tantrums to your clumsiest adult moments, this home has it all.

The kitchen is the heart of the home, or in this case, the granite-countered, recessed-lit, stainless steel-applianced wonderland. The pantry is so spacious it could moonlight as a hide-and-seek champion, and the island with a breakfast bar is perfect for those mornings when you just can't decide if you're a cereal or a toast person.

Upstairs, you'll find a quaint loft with a built-in desk for all your home office needs, or as we like to call it, the procrastination station. The main bedroom offers new carpeting that feels like walking on a cloud and a large walk-in closet where you can store your hopes, dreams, and an impressive collection of mismatched socks.
The backyard boasts a refreshing pool that's just begging for a cannonball contest. And with the house just two doors down from the neighborhood park, it's the perfect spot to unleash the kids or the dogs - or the kid that thinks they're a dog.

Location-wise, you're within walking distance to Cactus Yards Sports Complex, where you can watch local heroes hit home runs or possibly just hit the ground. Commuting is a breeze with proximity to Loop 202 & US 60, making your travel time as smooth as your favorite morning coffee.

Now, for the nitty-gritty: this house has appraised at list price, because of course it has! Roof & AC inspections have been performed and given a clean bill of health, so you can sleep soundly knowing your new abode isn't about to spring a surprise leak or turn into a sauna.

Why just read about this gem when you could be living in it? Schedule a visit today and see why Foundation St is the foundation of your next great adventure. Don't wait - homes like this are snatched up quicker than free samples at Costco!

Last Agent to Sell the Property

Jeremy Fierstein

Realty ONE Group License #SA652937000 Listed on: 07/11/2024

Realty ONE Group

Co-Listed By

Mike Palmerine

Realty ONE Group License #SA537263000

Last Buyer's Agent

Carin Nguyen

Real Broker License #BR546062000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 2006

Lot Details

  • 3,960 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,195 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Private Pool
  • Balcony
  • Covered Patio or Porch

Schools

  • Highland 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 398
  • Assessor Parcel Number 313-12-763

Community Details

Overview

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

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,959

Year Built

Built in 2006

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Cross Street: Recker and Elliot
  • 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: 125.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2023
  • Directions: Head east on E Elliot Rd, Turn left onto N Beebe St, Turn right onto E Foundation St. The property will be on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: HIGHLAND GROVES AT MORRISON RANCH
  • Architectural Style: Contemporary
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 375.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2195.0
  • Stories: 2
  • Window Features: Dual Pane
  • 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
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Desert Back, Gravel/Stone Front, Gravel/Stone Back, Grass Front
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: 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, Biking/Walking Path
  • Association Fee: 375.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch
  • Association Fees:HOA Telephone4: 480-921-7500
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1596.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 1596.0
  • Association Fees:Other Fees Description: Reserve Fee
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Highland 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: 3960.0
  • Parcel #: 313-12-763

Building Info

  • Builder Name: Ashton Woods

Tax Info

  • Tax Annual Amount: 1959.0
  • Tax Book Number: 313.00
  • Tax Lot: 398
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Apr 9, 2025
Sold by
Laurio Camelia Mary and De Smet Camelia
Bought by
Sundaram Rajasekaran Kumbagudi
Seller's Agent
Jeremy Fierstein
Realty ONE Group
Buyer's Agent
Carin Nguyen
Real Broker
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Views
44
Current Estimated Value
$596,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,657
Avg. Annual Appreciation
-4.70%
Original Mortgage
$193,440
Outstanding Balance
$193,440
Interest Rate
6.76%
Estimated Equity
$389,651

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 10, 2021
Sold by
Desmet Steven
Bought by
Laurio Camelia Mary
Seller's Agent
Christine Rees
Realty ONE Group
Buyer's Agent
Jeremy Fierstein
Realty ONE Group
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$374,251
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2015
Sold by
Mccarthy Mewon
Bought by
Kwon Llc

Purchase Details

Closed on
Jul 11, 2011
Sold by
Mccarthy William
Bought by
Mccarthy Mewon

Purchase Details

Closed on
Jul 9, 2011
Sold by
Aliberti Tony and Aliberti Dorothy
Bought by
Mccarthy Mewon

Purchase Details

Closed on
Oct 9, 2006
Sold by
Ashton Woods Arizona Llc
Bought by
Aliberti Tony and Aliberti Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,271
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $595,000 Chicago Title Agency
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $465,000 First American Title Ins Co
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- Fidelity Natl Title Ins Co
Cash Sale Deed $150,000 Fidelity Natl Title Ins Co
Special Warranty Deed $320,126 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $193,440 No Value Available
Open $337,101 New Conventional
Previous Owner $374,251 FHA
Previous Owner $280,271 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $595,000 -0.7% $271 / Sq Ft
04/12/2025 04/12/25 Price Changed $599,000 0.0% $273 / Sq Ft
04/12/2025 04/12/25 For Sale $599,000 0.0% $273 / Sq Ft
12/05/2024 12/05/24 Price Changed $599,000 -0.2% $273 / Sq Ft
09/27/2024 09/27/24 For Sale $600,000 0.0% $273 / Sq Ft
09/14/2024 09/14/24 Off Market $600,000 -- --
07/12/2024 07/12/24 For Sale $600,000 +29.0% $273 / Sq Ft
04/14/2021 04/14/21 Sold $465,000 +3.3% $212 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $450,000 -- $205 / 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 $1,794 $25,907 -- --
2024 $1,959 $24,673 -- --
2023 $1,959 $39,080 $7,810 $31,270
2022 $1,898 $30,050 $6,010 $24,040
2021 $2,001 $28,420 $5,680 $22,740
2020 $2,321 $26,610 $5,320 $21,290
2019 $2,157 $24,880 $4,970 $19,910
2018 $2,088 $23,130 $4,620 $18,510
2017 $2,022 $21,650 $4,330 $17,320
2016 $2,026 $21,670 $4,330 $17,340
2015 $1,891 $20,830 $4,160 $16,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6730209

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-12-763