NOT LISTED FOR SALE

4377 E Lantern Ct Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $645,000 - $681,000

5 Beds
2.5 Baths
2,667 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $415,000 $156 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,813/month

1 Day on Market

Highlights

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

About This Home

As of November 2019

Beautifully updated home in a premium Gilbert location! Open & bright floor plan features 2667sq.ft. 5bed/2.5bath, formal living/dining rooms, & family room which provide plenty of entertaining and living space. Upgrades throughout including NEW carpet, granite counters, 42'' kitchen cabinets, stainless steel appliances, & updated bathrooms. Stunning resort style backyard boasts sparkling diving pool, spa, garden & beautifully designed paver patio and walkways. Ample storage space throughout including 3-car garage with cabinets. Located on a quiet cul-de-sac 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: 10/17/2019

Keller Williams Realty East Valley

Co-Listed By

Shannon Vowles

Keller Williams Realty East Valley License #SA564696000

Last Buyer's Agent

Patrick Clark

Berkshire Hathaway HomeServices Arizona Properties License #SA679204000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 2001

Lot Details

  • 8,642 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $81 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

  • 2,667 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

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

  • Heated Spa
  • Private Pool
  • Diving Board

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 89
  • Assessor Parcel Number 313-02-451

Community Details

Overview

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

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,592

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 Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2019
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2004
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: N on Ranch House, W on Tannery, N on Rim, E on Lantern to home.
  • Master Model: San Tropez
  • 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
  • Association Fees:HOA Fee2: 242.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: 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, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2667.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, 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
  • 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
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, 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, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • 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, 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 Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch
  • Association Fees:HOA Telephone4: 480-988-0960
  • 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: 8642.0
  • Parcel #: 313-02-451

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 2592.0
  • Tax Book Number: 313.00
  • Tax Lot: 89
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Dean Petersen Joseph and Myers Marti
Bought by
Petersen Trust
Current Estimated Value
$664,294

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 13, 2019
Sold by
Motley John K and Motley Patric K
Bought by
Peterson Joseph Dean and Peterson Mariti Myers
Seller's Agent
Penny Gould
Keller Williams Realty East Valley
Buyer's Agent
Patrick Clark
Berkshire Hathaway HomeServices Arizona Properties
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$235,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2002
Sold by
Blanchette Timothy B and Blanchette Catherine M
Bought by
Motley John K and Motley Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,300
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2001
Sold by
Meritage Homes Arizona Inc
Bought by
Blanchette Timothy B and Blanchette Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
6.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Petersen Trust -- None Listed On Document
Peterson Joseph Dean $415,000 Grand Canyon Title Agency
Motley John K $237,900 Equity Title Agency Inc
Blanchette Timothy B $225,860 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Trust $50,000
Previous Owner Petersen Joseph Dean $292,000
Previous Owner Petersen Joseph Dean $239,400
Previous Owner Peterson Joseph Dean $235,000
Previous Owner Motley John K $359,650
Previous Owner Motley John K $274,000
Previous Owner Motley John K $35,978
Previous Owner Motley John K $190,300
Previous Owner Blanchette Timothy B $203,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $415,000 0.0% $156 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $415,000 -- $156 / 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 $2,675 $33,601 -- --
2024 $3,172 $32,001 -- --
2023 $3,172 $48,970 $9,790 $39,180
2022 $3,046 $36,780 $7,350 $29,430
2021 $3,088 $34,580 $6,910 $27,670
2020 $3,134 $31,750 $6,350 $25,400
2019 $2,592 $29,120 $5,820 $23,300
2018 $2,501 $27,650 $5,530 $22,120
2017 $2,410 $25,970 $5,190 $20,780
2016 $2,453 $25,710 $5,140 $20,570
2015 $2,140 $25,950 $5,190 $20,760
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

    2 in this area

    42 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

    26 Total Sales

    Shannon Vowles
    Section Image
  • Patrick Clark

    Buyer's Agent in 2019

    Patrick Clark

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 220-3394

    62 Total Sales

    Patrick Clark
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5993156

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-02-451

Arizona Maricopa County Gilbert 85297 Power Ranch

4377 E Lantern Ct, Gilbert, AZ

This home is located at 4377 E Lantern Ct, Gilbert, AZ 85297 since 17 October 2019 and is currently estimated at $664,294, approximately $249 per square foot. This property was built in 2001. 4377 E Lantern Ct is a home located in Maricopa County with nearby schools including Power Ranch Elementary School, Sossaman Middle School, and Higley High School.

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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