NOT LISTED FOR SALE

4348 E Lantern Place Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $636,000 - $676,000

4 Beds
3 Baths
2,730 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $415,119 $152 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,724/month

3 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Community Lake
  • Power Ranch Elementary School Rated A-
  • 0.2 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2019

Pride of ownership shows in this beautifully updated home in a premium Gilbert location! Open & bright floor plan features 4bed/3bath, den, media niche, formal living/dining rooms, & family room which provide plenty of entertaining and living space. Sophisticated upgrades throughout include NEW gorgeous wood-like floors, refinished cabinets, & shiplap wrapped island. Stunning backyard oasis boasts sparkling pool with fire and water features & spa overlooking lush common area. Ample storage space throughout including 3-car garage with storage racks. Enjoy living in an award-wining community with tree lined streets, endless walking paths, catch-and-release fishing lakes, clubhouse/reception halls, pools/spas, playgrounds, and neighborhood elementary school.

Last Agent to Sell the Property

Penny Gould

Keller Williams Realty East Valley License #SA541101000 Listed on: 08/15/2019

Keller Williams Realty East Valley

Co-Listed By

Shannon Vowles

Keller Williams Realty East Valley License #SA564696000

Last Buyer's Agent

Katherine Menchaca

ProSmart Realty License #SA681462000

ProSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,333

Year Built

  • Built in 2001

Lot Details

  • 8,735 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Carpet
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Fence Around Pool
  • Pool Pump
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 313-02-459

Community Details

Overview

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

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,333

Year Built

Built in 2001

Lot Details

0

HOA Fees

$81 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: 80.67
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: Power Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 152.05
  • Association Fees:HOA Fee2: 242.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: Heated, Private
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2730.0
  • Stories: 2
  • 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Fenced, Private
  • 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: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: 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, 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: 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: 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: 8735.0
  • Parcel #: 313-02-459

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 2333.0
  • Tax Book Number: 313.00
  • Tax Lot: 97
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Sep 16, 2019
Sold by
Cluff Judy and The Cluff Trust
Bought by
Ayers Michael and Ayers Mandy
Seller's Agent
Penny Gould
Keller Williams Realty East Valley
Buyer's Agent
Katherine Menchaca
ProSmart Realty
List Price
$409,900
Sold Price
$415,119
Premium/Discount to List
$5,219
1.27%
Current Estimated Value
$658,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,372
Avg. Annual Appreciation
7.64%
Original Mortgage
$373,607
Outstanding Balance
$327,251
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$331,240

Purchase Details

Closed on
Jan 21, 2009
Sold by
Frankston Holdings Llc
Bought by
The Cluff Trust

Purchase Details

Closed on
Jun 19, 2008
Sold by
Frankston Holdings Llc
Bought by
Cluff Hal and Cluff Judy

Purchase Details

Closed on
Dec 19, 2007
Sold by
Shields Mark and Shields Dana
Bought by
Frankston Holdings Llc

Purchase Details

Closed on
Jan 14, 2002
Sold by
Meritage Homes Construction Inc
Bought by
Meritage Homes Of Arizona Inc

Purchase Details

Closed on
Jun 20, 2001
Sold by
Meritage Homes Of Arizona Inc
Bought by
Shields Mark and Shields Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ayers Michael $41,512 Grand Canyon Ttl Agcy A Div
The Cluff Trust -- None Available
Cluff Hal -- Arizona Title Agency Inc
Frankston Holdings Llc $287,500 Arizona Title Agency Inc
Meritage Homes Of Arizona Inc -- First American Title
Shields Mark $217,800 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayers Michael $373,607
Previous Owner Shields Mark $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $415,119 0.0% $152 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
08/18/2019 08/18/19 Price Changed $415,000 +1.2% $152 / Sq Ft
08/15/2019 08/15/19 For Sale $409,900 -- $150 / 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 $2,321 $31,344 -- --
2024 $2,488 $29,851 -- --
2023 $2,488 $48,910 $9,780 $39,130
2022 $2,378 $37,070 $7,410 $29,660
2021 $2,450 $34,560 $6,910 $27,650
2020 $2,497 $31,900 $6,380 $25,520
2019 $2,418 $29,310 $5,860 $23,450
2018 $2,333 $27,820 $5,560 $22,260
2017 $2,248 $25,830 $5,160 $20,670
2016 $2,288 $26,020 $5,200 $20,820
2015 $1,996 $24,430 $4,880 $19,550
Source: Public Records

Agents Affiliated with this Home

  • Penny Gould

    Seller's Agent in 2019

    Penny Gould

    Keller Williams Realty East Valley

    (480) 600-3663

    1 in this area

    39 Total Sales

    Penny Gould
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Shannon Vowles

    Keller Williams Realty East Valley

    (480) 766-1246

    1 in this area

    27 Total Sales

    Shannon Vowles
    Section Image
  • Katherine Menchaca

    Buyer's Agent in 2019

    Katherine Menchaca

    ProSmart Realty

    (602) 695-0614

    2 in this area

    74 Total Sales

    Katherine Menchaca
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5965679

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-02-459

Arizona Maricopa County Gilbert 85297 Power Ranch

4348 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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