$305,000
SOLD SEP 27, 2016

4390 E Lantern Ct Gilbert, AZ 85297

Power Ranch Neighborhood
5 Beds
3 Baths
2,667 Sq Ft
0.29 Acres

Recently Sold

$114 Per Sq Ft

6% Below List Price

8 Days on Market

Highlights

  • Private Pool
  • 0.29 Acre Lot
  • Wood Flooring
  • Power Ranch Elementary School Rated A-
  • Clubhouse
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2017

Great cul-de-sac lot in Gilbert! Warm wall tones and panoramic windows throughout. Kitchen is complete with center island, breakfast bar, granite countertops, and stainless steel appliances. Master suite has plush carpet with ceiling fan and spacious walk in closet! Full bathroom with double sink vanity and separate soaking tub + shower. Huge backyard features an extended covered patio with lush green grass and a sparkling pool with water slide/waterfall feature. This home is sure to go quick, so come see it today before it's too late!

Last Agent to Sell the Property

Liana Smith

My Home Group Real Estate License #SA661978000 Listed on: 09/09/2016

Last Buyer's Agent

Eric Valimaki

AZ Brokerage Holdings, LLC License #SA661370000

AZ Brokerage Holdings, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 2001

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Fixer Upper
  • 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

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered patio or porch

Schools

  • Power Ranch Elementary

Utilities

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

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 313-02-453

Community Details

Overview

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

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,224

Year Built

Built in 2001

Lot Details

0

HOA Fees

$79 per month

Parking

3

Listing Details

  • Cross Street: POWER & QUEEN CREEK
  • 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: 78.75
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2015
  • Directions: West on Queen Creek, Right on Ranch House, Left on Tannery, Right on Rim, Right on Lantern, home is straight ahead.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.29
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 1
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 236.25
  • 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

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2667.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Property Condition: Fixer
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Playground, Clubhouse
  • Amenities: Management
  • Association Fee: 236.25
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch Communit
  • 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 Communit
  • 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
  • Middle Or Junior School: Power Ranch Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12559.0
  • Parcel #: 313-02-453
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: MERITAGE HOMES

Tax Info

  • Tax Annual Amount: 2224.0
  • Tax Book Number: 313.00
  • Tax Lot: 91
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2016
Closed on
Feb 7, 2017
Sold by
Fast Lane Carwash Llc
Bought by
Hakes Jason C and Hakes Jennifer L
Seller's Agent
Eric Valimaki
AZ Brokerage Holdings, LLC
Buyer's Agent
Jodi Anderson
Platinum Living Realty
List Price
$374,900
Sold Price
$355,000
Premium/Discount to List
-$19,900
-5.31%
Current Estimated Value
$689,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,417
Avg. Annual Appreciation
8.09%
Original Mortgage
$337,250
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2016
Closed on
Sep 22, 2016
Sold by
Galindo Ruben and Preisendorfer April N
Bought by
Fast Lane Carwash Llc
Seller's Agent
Liana Smith
My Home Group Real Estate
Buyer's Agent
Eric Valimaki
AZ Brokerage Holdings, LLC
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.13%

Purchase Details

Closed on
Jun 24, 2011
Sold by
Preisendorfer April N
Bought by
Galindo Ruben

Purchase Details

Closed on
Jan 24, 2008
Sold by
Amenta James
Bought by
Galindo Ruben and Preisendorfer April N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2006
Sold by
Woodward John J and Woodward Deborah J
Bought by
Amenta James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,800
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 12, 2006
Sold by
Amenta Julie
Bought by
Amenta James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,800
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 17, 2001
Sold by
Meritage Homes Arizona Inc
Bought by
Woodward John J and Woodward Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
7.21%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 Grand Canyon Title Agency
Cash Sale Deed $305,000 Grand Canyon Title Agency
Quit Claim Deed -- None Available
Warranty Deed $320,000 Empire Title Agency Of Az Ll
Warranty Deed $489,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Warranty Deed $213,429 Stewart Title & Trust
Warranty Deed -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,000 New Conventional
Closed $337,250 New Conventional
Previous Owner $293,200 New Conventional
Previous Owner $310,400 New Conventional
Previous Owner $97,800 Stand Alone Second
Previous Owner $391,200 Balloon
Previous Owner $60,000 Credit Line Revolving
Previous Owner $340,000 Fannie Mae Freddie Mac
Previous Owner $42,316 Unknown
Previous Owner $189,500 Unknown
Previous Owner $186,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Sold $355,000 -3.5% $133 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $368,000 -0.3% $138 / Sq Ft
12/08/2016 12/08/16 Price Changed $369,000 -0.2% $138 / Sq Ft
11/18/2016 11/18/16 Price Changed $369,900 -1.3% $139 / Sq Ft
10/28/2016 10/28/16 For Sale $374,900 +22.9% $141 / Sq Ft
09/27/2016 09/27/16 Sold $305,000 -6.2% $114 / Sq Ft
09/09/2016 09/09/16 For Sale $325,000 -- $122 / 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 $2,764 $34,918 -- --
2024 $2,772 $33,256 -- --
2023 $2,772 $50,850 $10,170 $40,680
2022 $2,649 $38,400 $7,680 $30,720
2021 $2,729 $36,160 $7,230 $28,930
2020 $2,782 $33,080 $6,610 $26,470
2019 $2,694 $30,350 $6,070 $24,280
2018 $2,599 $28,820 $5,760 $23,060
2017 $2,504 $27,030 $5,400 $21,630
2016 $2,549 $26,910 $5,380 $21,530
2015 $2,224 $27,120 $5,420 $21,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Eric Valimaki

    Realty Executives

    Section Image
  • Jodi Anderson

    Buyer's Agent in 2017

    Jodi Anderson

    Platinum Living Realty

    (480) 518-5007

    7 in this area

    63 Total Sales

    Section Image

  • L

    Seller's Agent in 2016

    Liana Smith

    My Home Group

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5495166

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-02-453

Arizona Maricopa County Gilbert 85297 Power Ranch

4390 E Lantern Ct, Gilbert, AZ

This home is located at 4390 E Lantern Ct, Gilbert, AZ 85297 and is currently priced at $305,000, approximately $114 per square foot. This property was built in 2001. 4390 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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