NOT LISTED FOR SALE

4437 E Melrose St Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $427,705 - $459,000

3 Beds
2 Baths
1,340 Sq Ft
$328/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $185,000 $138 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,528/month

69 Days on Market

Highlights

  • Corner Lot
  • Heated Community Pool
  • Dual Vanity Sinks in Primary Bathroom
  • Centennial Elementary School Rated A
  • Eat-In Kitchen
  • Community Playground

About This Home

As of April 2014

Situated on a premium corner lot. This is a great single story home located in the beautiful Power Ranch and A+ rated school district. Also directly next door to a park like area. Front door entry has a porch with a nice seating area. This 3 bedroom 2 bath home has a nice open family room and kitchen with breakfast nook. Dark maple wood cabinets, upgraded 18 inch tile, accent paint and carpet throughout. This home is move in ready!

Last Agent to Sell the Property

Janine Igliane

Keller Williams Integrity First License #SA646592000 Listed on: 11/20/2013

Keller Williams Integrity First

Co-Listed By

Randy Dix

Keller Williams Integrity First License #SA626218000

Last Buyer's Agent

Rick Rhoden

West USA Realty License #BR535488000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 2006

Lot Details

  • 4,950 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $76 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Centennial Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Short Sale
  • Tax Lot 41
  • Assessor Parcel Number 313-16-041

Community Details

Overview

  • Association fees include ground maintenance
  • Prca Association, Phone Number (480) 988-0960
  • Built by Element Homes
  • Power Ranch Subdivision

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,181

Year Built

Built in 2006

Lot Details

0

HOA Fees

$76 per month

Parking

2

Listing Details

  • Cross Street: Power and Germann
  • 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: 76.25
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: kwev01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: Power Ranch
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 138.06
  • Association Fees:HOA Fee2: 228.75
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Listing Cond:Short Sale: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 1340.0
  • Stories: 1
  • 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:Community Pool Htd: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Dirt Back, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Community Pool, Playground, Biking/Walking Path
  • Association Fee: 228.75
  • Association Fee Frequency: Quarterly
  • Association Name: PRCA
  • Phone: 480-988-0960
  • 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: PRCA
  • 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
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Centennial Elementary School
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4950.0
  • Parcel #: 313-16-041

Building Info

  • Builder Name: Element Homes

Tax Info

  • Tax Annual Amount: 1180.78
  • Tax Book Number: 313.00
  • Tax Lot: 41
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2014
Sold by
Mcmahon James Roger and Mcmahon Teresa Ann
Bought by
Triple G Homes
Current Estimated Value
$439,676

Purchase Details

Listed on
Nov 20, 2013
Closed on
Mar 26, 2014
Sold by
Perovich Gianni S and Perovich Shannon E
Bought by
Mcmahon James and Mcmahon Teresa
Seller's Agent
Janine Igliane
Keller Williams Integrity First
Buyer's Agent
Rick Rhoden
West USA Realty
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Jul 11, 2006
Sold by
Elementhomes Sales & Marketing Llc
Bought by
Perovich Gianni S and Perovich Shannon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,700
Interest Rate
1.5%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Triple G Homes -- None Available
Mcmahon James $185,000 Security Title Agency
Perovich Gianni S $241,795 First American Title Ins Co
Elementhomes Sales & Marketing Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perovich Gianni S $229,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2014 04/11/14 Sold $185,000 0.0% $138 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
01/06/2014 01/06/14 Price Changed $185,000 -5.1% $138 / Sq Ft
11/20/2013 11/20/13 For Sale $195,000 -- $146 / 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 $1,773 $19,774 -- --
2024 $1,867 $18,832 -- --
2023 $1,867 $32,120 $6,420 $25,700
2022 $1,793 $24,600 $4,920 $19,680
2021 $1,817 $22,730 $4,540 $18,190
2020 $1,844 $20,900 $4,180 $16,720
2019 $1,789 $18,810 $3,760 $15,050
2018 $1,733 $17,620 $3,520 $14,100
2017 $1,674 $16,500 $3,300 $13,200
2016 $1,694 $15,880 $3,170 $12,710
2015 $1,488 $15,670 $3,130 $12,540
Source: Public Records

Agents Affiliated with this Home

  • Janine Igliane

    Seller's Agent in 2014

    Janine Igliane

    Keller Williams Integrity First

    (480) 298-0910

    25 in this area

    154 Total Sales

    Janine Igliane
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Randy Dix

    Keller Williams Integrity First

    6 in this area

    47 Total Sales

    Randy Dix
    Section Image
  • Rick Rhoden

    Buyer's Agent in 2014

    Rick Rhoden

    West USA Realty

    (480) 204-1228

    14 Total Sales

    Rick Rhoden
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5033482

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-16-041

Arizona Maricopa County Gilbert 85297 Power Ranch

4437 E Melrose St, 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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