NOT LISTED FOR SALE

4378 E Lantern Ct Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $710,813

4 Beds
2.5 Baths
2,902 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 24, 2012

Last sale price $301,000 $104 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,015/month

6 Days on Market

Highlights

  • Heated Spa
  • 0.27 Acre Lot
  • Community Lake
  • Power Ranch Elementary School Rated A-
  • Mountain View
  • Clubhouse

About This Home

As of September 2012

Gorgeous Meritage Tuscany Model on 11,936 sqft Cul-de-Sac lot with Green Belt View. Formal Living & Dining Room, Custom Paint, Travertine Tiled Floors, Crown Molding and Spacious Family Room Combined with Gourmet Island Kitchen is the Perfect Floor Plan for Entertaining. Upstairs featurs Bonus Room and Oversized Bedrooms with Large Closets. First Floor Master Suite has Separate Exit to the Resort Style Backyard. Sparkling Pebble Tech Play Pool with Water Feature and Extended Patio – Did I Say “Entertaining”! This is it. Finish up with a 3 Car Garage on a Fantastic Lot. Club Houses, Community Pools, Spas, Tennis Courts, Tot Lots- are just a few Power Ranch Amenities.

Last Agent to Sell the Property

Alex Eremija

ProSmart Realty License #SA521690000 Listed on: 08/10/2012

ProSmart Realty

Last Buyer's Agent

Jennifer Williams

Towne Brokerage Services, Inc License #SA627324000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 2001

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,902 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Playground

Location

  • Property is near a bus stop

Schools

  • Power Ranch Elementary
  • Williams Field High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 313-02-455

Community Details

Overview

  • Power Ranch Association, Phone Number (480) 921-7500
  • Built by Meritage
  • Power Ranch Subdivision, Tuscany Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,275

Year Built

Built in 2001

Lot Details

0

HOA Fees

$57 per month

Parking

3

Listing Details

  • Cross Street: Power/Queen Creek
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 57.0
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 2001
  • Tax Year: 2011
  • Master Model: Tuscany
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.27
  • Subdivision Name: Power Ranch
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 103.72
  • Association Fees:HOA Fee2: 171.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Total Bedrooms: 4
  • Fireplace Features: Exterior Fireplace, Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2902.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Fireplace:Firepit: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Playground, Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Play Pool, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Lake Subdivision, Pool, Tennis Court(s), Playground, Clubhouse
  • Amenities: Management
  • Association Fee: 171.0
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Schools

  • Elementary School: Power Ranch Elementary
  • High School: Williams Field High School
  • Middle Or Junior School: Power Ranch Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11936.0
  • Parcel #: 313-02-455
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 2274.52
  • Tax Book Number: 313.00
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Aug 17, 2012
Sold by
Ccc Properties Llc
Bought by
Schlabach Michael and Schlabach Michelle
Seller's Agent
Alex Eremija
ProSmart Realty
Buyer's Agent
Jennifer Williams
Towne Brokerage Services, Inc
List Price
$319,000
Sold Price
$301,000
Premium/Discount to List
-$18,000
-5.64%
Current Estimated Value
$710,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,813
Avg. Annual Appreciation
6.69%
Original Mortgage
$310,933
Outstanding Balance
$214,181
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$496,632

Purchase Details

Listed on
Mar 5, 2012
Closed on
Jun 19, 2012
Sold by
Kissano Thomas and Kissane Barbara
Bought by
Ccc Properties Llc
Seller's Agent
Pieter Dijkstra
The Phoenix Area Real Estate
Buyer's Agent
Alex Eremija
ProSmart Realty
List Price
$237,000
Sold Price
$237,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,933
Outstanding Balance
$214,181
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$496,632

Purchase Details

Closed on
Mar 23, 2011
Sold by
Allen Shauna L
Bought by
Stash Investments Llc

Purchase Details

Closed on
Jan 4, 2007
Sold by
Prudential Relocation Inc
Bought by
Kissane Thomas and Kissane Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2006
Sold by
Haynes Steven G and Haynes Marjorie A
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Jul 2, 2003
Sold by
Wills Michael D and Wills Linda K
Bought by
Haynes Steven G and Haynes Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2001
Sold by
Meritage Homes Of Arizona Inc
Bought by
Wills Michael D and Wills Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,700
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2000
Sold by
Taro Properties Arizona I Llc
Bought by
Monterey Homes Construction Inc
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
Schlabach Michael $301,000 Clear Title Agency Of Arizon
Ccc Properties Llc $237,000 Fidelity National Title Agen
Stash Investments Llc $81,800 None Available
Kissane Thomas $447,500 Fidelity National Title
Prudential Relocation Inc -- Fidelity Title
Haynes Steven G $280,000 Grand Canyon Title Agency In
Wills Michael D $264,664 First American Title
Meritage Homes Of Arizona Inc -- First American Title
Monterey Homes Construction Inc $225,300 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlabach Michael $310,933
Previous Owner Kissane Thomas $358,000
Previous Owner Haynes Steven G $224,000
Previous Owner Wills Michael D $211,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2012 09/24/12 Sold $301,000 -5.6% $104 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $319,000 +34.6% $110 / Sq Ft
06/22/2012 06/22/12 Sold $237,000 0.0% $82 / Sq Ft View Prior Sale
03/05/2012 03/05/12 For Sale $237,000 -- $82 / 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 $2,808 $37,929 -- --
2024 $3,011 $36,122 -- --
2023 $3,011 $53,820 $10,760 $43,060
2022 $2,877 $40,820 $8,160 $32,660
2021 $2,965 $38,180 $7,630 $30,550
2020 $3,022 $35,180 $7,030 $28,150
2019 $2,926 $32,430 $6,480 $25,950
2018 $2,823 $30,810 $6,160 $24,650
2017 $2,720 $28,660 $5,730 $22,930
2016 $2,717 $29,080 $5,810 $23,270
2015 $2,415 $29,560 $5,910 $23,650
Source: Public Records

Agents Affiliated with this Home

  • Alex Eremija

    Seller's Agent in 2012

    Alex Eremija

    ProSmart Realty

    (480) 821-4232

    1 in this area

    47 Total Sales

    Alex Eremija
    Section Image
  • Pieter Dijkstra

    Seller's Agent in 2012

    Pieter Dijkstra

    The Phoenix Area Real Estate

    (480) 221-1332

    126 Total Sales

    Pieter Dijkstra
    Section Image

  • E

    Seller Co-Listing Agent in 2012

    Elizabeth Challoner

    The Phoenix Area Real Estate

    (602) 290-8833

    36 Total Sales

    Elizabeth Challoner
    Section Image
  • Jennifer Williams

    Buyer's Agent in 2012

    Jennifer Williams

    Towne Brokerage Services, Inc

    (480) 318-9029

    159 Total Sales

    Jennifer Williams
    Section Image

  • A

    Buyer's Agent in 2012

    Aleksandar Eremija

    Infinity & Associates Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4801586

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-02-455

Arizona Maricopa County Gilbert 85297 Power Ranch

4378 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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