NOT LISTED FOR SALE

4362 E Lantern Ct Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $658,966 - $680,000

5 Beds
2.5 Baths
2,670 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $680,000 $255 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,780/month

7 Days on Market

Highlights

  • Play Pool
  • 0.19 Acre Lot
  • Vaulted Ceiling
  • Power Ranch Elementary School Rated A-
  • Community Lake
  • Outdoor Fireplace

About This Home

As of November 2023

Welcome to your new home in Prestigious & Award winning Power Ranch Community in south Gilbert. Within the community there are 26 trails connecting the different areas of homes to recreational amenities. Here you will find a fishing lake, a center for events, Splash Pads, Volleyball and Tennis Courts, Playgrounds, Parks and Sports fields. this beautiful neighborhood. You will love this 5 bedroom home with 2.5 bathrooms. Enjoy the gourmet kitchen with 2023 upgraded appliances. Relax poolside at the fire pit in the private & large backyard.

Last Agent to Sell the Property

Maricel Gritzmacher

DPR Realty LLC License #SA536590000 Listed on: 10/20/2023

DPR Realty LLC

Last Buyer's Agent

Samuel Bigler

MacLay Real Estate License #SA634719000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 2001

Lot Details

  • 8,447 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,670 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Kitchen Updated in 2023
  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2022
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Pool

  • Play Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit

Schools

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

Utilities

  • Cooling System Updated in 2022
  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 313-02-458

Community Details

Overview

  • Association fees include ground maintenance
  • Power Ranch HOA, Phone Number (480) 988-0960
  • Built by MERITAGE HOMES OF ARIZONA
  • Power Ranch Neighborhood 1 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

$2,555

Year Built

Built in 2001

Lot Details

0

HOA Fees

$104 per month

Parking

3

Listing Details

  • Cross Street: Power Road and 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: 104.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2022
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2022
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2022
  • 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: 254.68
  • Association Fees:HOA Fee2: 312.0
  • 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
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Water Softener Rented, Electric Cooktop, Water Purifier
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, See Remarks, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2670.0
  • 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Misting System
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, 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
  • Exterior Features:Misting System: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • 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 Pool Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 312.0
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch HOA
  • Phone: 480-988-0960
  • 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: Power Ranch HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 312.0
  • Association Fees:Disclosure Fees HOA: 382.0
  • 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: 8447.0
  • Parcel #: 313-02-458

Building Info

  • Builder Name: MERITAGE HOMES OF ARIZONA

Tax Info

  • Tax Annual Amount: 2555.0
  • Tax Book Number: 313.00
  • Tax Lot: 96
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Nov 29, 2023
Sold by
Paton Sarah L and Paton Christopher K
Bought by
Bigler Samuel and Long Megan A
Seller's Agent
Maricel Gritzmacher
DPR Realty LLC
Buyer's Agent
Samuel Bigler
MacLay Real Estate
List Price
$680,000
Sold Price
$680,000
Views
33
Current Estimated Value
$667,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,508
Avg. Annual Appreciation
-0.89%
Original Mortgage
$544,000
Outstanding Balance
$535,193
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$132,299

Purchase Details

Listed on
Oct 2, 2020
Closed on
Oct 22, 2020
Sold by
Mallavia David and Mallavia Jodi
Bought by
Paton Sarah L and Paton Christopher K
Seller's Agent
Adam Albright
Realty ONE Group
Buyer's Agent
Deborah Grey
Realty ONE Group
List Price
$439,000
Sold Price
$455,000
Premium/Discount to List
$16,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Original Mortgage
$455,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
May 23, 2020
Sold by
Mallavia David F and David F Mallavia Trust
Bought by
Mallavia David and Mallavia Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2014
Sold by
Mallavia David and Mallavia Jodi
Bought by
Mallavia David F and David F Mallavia Trust

Purchase Details

Listed on
Apr 17, 2014
Closed on
May 23, 2014
Sold by
Salsig Travis
Bought by
Mallavia David and Mallavia Jodi
Seller's Agent
Tesha Gillan
Realty Gallery
Buyer's Agent
Rick Evans
DPR Realty LLC
List Price
$328,000
Sold Price
$321,000
Premium/Discount to List
-$7,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$256,800
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Salsig Heather
Bought by
Salsig Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2002
Sold by
Hawkins Timothy P
Bought by
Hawkins Timothy P and Hawkins Heather

Purchase Details

Closed on
Dec 19, 2001
Sold by
Hawkins Heather K
Bought by
Hawkins Timothy P
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
Bigler Samuel $680,000 Empire Title Agency
Paton Sarah L $455,000 Roc Title Agency Llc
Mallavia David -- Clear Title Agency Of Az
Mallavia David F -- None Available
Mallavia David $321,000 Empire West Title Agency
Salsig Travis -- Clear Title Agency Of Arizon
Salsig Travis $234,000 Clear Title Agency Of Arizon
Hawkins Timothy P -- Westland Title Agency Of Az
Hawkins Timothy P -- Stewart Title & Trust
Hawkins Timothy P $219,520 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bigler Samuel $544,000
Previous Owner Paton Sarah L $455,000
Previous Owner Mallavia David $198,000
Previous Owner Mallavia David $256,800
Previous Owner Salsig Travis $210,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2023 11/29/23 Sold $680,000 0.0% $255 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/22/2023 10/22/23 For Sale $680,000 +49.5% $255 / Sq Ft
11/09/2020 11/09/20 Sold $455,000 +3.6% $171 / Sq Ft View Prior Sale
10/05/2020 10/05/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $439,000 +36.8% $165 / Sq Ft
05/30/2014 05/30/14 Sold $321,000 -2.1% $120 / Sq Ft View Prior Sale
05/01/2014 05/01/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $328,000 -- $123 / 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 $2,130 $33,677 -- --
2024 $2,674 $32,073 -- --
2023 $2,674 $48,550 $9,710 $38,840
2022 $2,555 $36,800 $7,360 $29,440
2021 $2,632 $34,300 $6,860 $27,440
2020 $3,141 $31,650 $6,330 $25,320
2019 $3,048 $29,070 $5,810 $23,260
2018 $2,951 $27,580 $5,510 $22,070
2017 $2,851 $25,580 $5,110 $20,470
2016 $2,885 $25,760 $5,150 $20,610
2015 $2,535 $26,110 $5,220 $20,890
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Maricel Gritzmacher

    DPR Realty

    (480) 215-4242

    2 in this area

    32 Total Sales

    Maricel Gritzmacher
    Section Image

  • S

    Buyer's Agent in 2023

    Samuel Bigler

    MacLay Real Estate

    (480) 980-5121

    1 in this area

    2 Total Sales

    Samuel Bigler
    Section Image

  • A

    Seller's Agent in 2020

    Adam Albright

    Realty One Group

    Section Image
  • Deborah Grey

    Buyer's Agent in 2020

    Deborah Grey

    Realty One Group

    (480) 430-9092

    22 Total Sales

    Deborah Grey
    Section Image
  • Tesha Gillan

    Seller's Agent in 2014

    Tesha Gillan

    Realty Gallery

    (480) 600-5020

    11 Total Sales

    Tesha Gillan
    Section Image
  • Rick Evans

    Buyer's Agent in 2014

    Rick Evans

    DPR Realty

    (480) 703-3776

    1 in this area

    101 Total Sales

    Rick Evans
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6621163

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-02-458

Arizona Maricopa County Gilbert 85297 Power Ranch

4362 E Lantern Ct, 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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