NOT LISTED FOR SALE

4377 E Lantern Ct Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $641,000 - $681,000

5 Beds
2.5 Baths
2,667 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 19, 2019

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

Est. 59% increase in value since last sale

Current estimated payment $3,760/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

Compass License #SA679204000

Compass

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
  • 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
  • General Property Description:PriceSqFt: 155.6
  • 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
  • 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: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
$661,734

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
Compass
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
7.94%
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:

--
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
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
Previous Owner Peterson Joseph Dean $235,000
Previous Owner Motley John K $190,300
Previous Owner Blanchette Timothy B $203,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 $2,543 $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

    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
  • Patrick Clark

    Buyer's Agent in 2019

    Patrick Clark

    Compass

    (480) 220-3394

    71 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

Not Listed for Sale

Detached

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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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