NOT LISTED FOR SALE

4516 E Bonanza Rd Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $867,455 - $919,000

6 Beds
4 Baths
4,602 Sq Ft
$194/Sq Ft Est. Value

Last Sold November 12, 2014

Last sale price $405,000 $88 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,985/month

35 Days on Market

Highlights

  • Heated Spa
  • 0.17 Acre Lot
  • Fireplace in Primary Bedroom
  • Centennial Elementary School Rated A
  • Clubhouse
  • Covered Patio or Porch

About This Home

As of November 2014

Gorgeous home in highly desirable Power Ranch! Close access to 202 freeway, San Tan Mall, ASU East Campus, restaurants, & shopping. House is one of the best in the community with no one behind you, or to your East side. Home is right next to Community Pool & Clubhouse complete with barbeques, showers, and bathrooms. Home is extremely spacious with large bedrooms, walk in closets, and tons of storage. The master suite is a focal point with gorgeous recessed ceiling detail, patio, huge master bathroom, tub, large walk in shower, water closet, and his & hers walk in closets. The elementary school, Centennial, was also just voted the best in Arizona! Don't miss this one!

Last Agent to Sell the Property

Laura Morby

eXp Realty License #SA635481000 Listed on: 09/08/2014

eXp Realty

Co-Listed By

Ryan Jarvis

Gentry Real Estate License #SA641886000

Last Buyer's Agent

Tom Haskin

Realty ONE Group License #SA646964000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,599

Year Built

  • Built in 2007

Lot Details

  • 7,265 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,602 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Heated Spa
  • Balcony
  • Covered Patio or Porch
  • Playground

Schools

  • Centennial Elementary School
  • Higley Traditional Academy Middle School
  • Higley Traditional Academy High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 615
  • Assessor Parcel Number 313-16-899

Community Details

Overview

  • Power Ranch Association, Phone Number (480) 988-0960
  • The Knolls Association, Phone Number (480) 988-0960
  • Association Phone (480) 988-0960
  • Built by TREND HOMES
  • Power Ranch Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,599

Year Built

Built in 2007

Lot Details

0

HOA Fees

$46 per month

Parking

3

Listing Details

  • Cross Street: Pecos & Recker
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2 Fee: 138.0
  • HOA #2 Name: The Knolls
  • HOA #2 Phone Number: 480-988-0960
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 124.75
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: thgr03
  • Co List Office Phone: 480-788-8038
  • Subdivision Name: Power Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 88.0
  • 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
  • Spa Features: Community, Heated, None
  • Total Bedrooms: 6
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 4602.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Playground, Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, 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
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association #2 Fee: 138.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Quarterly
  • Association: The Knolls
  • Association Name: Power Ranch
  • Association Phone #2: 480-988-0960
  • 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
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Centennial Elementary School
  • High School: Higley Traditional Academy
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7265.0
  • Parcel #: 313-16-899
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: TREND HOMES

Tax Info

  • Tax Annual Amount: 2598.64
  • Tax Book Number: 313.00
  • Tax Lot: 615
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2014
Closed on
Nov 7, 2014
Sold by
Hoyle Suzanne and Reynolds Suzanne
Bought by
Mally Andrew and Mally Cassandra
Seller's Agent
Laura Morby
eXp Realty
Buyer's Agent
Tom Haskin
Realty ONE Group
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$890,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,614
Avg. Annual Appreciation
7.34%
Original Mortgage
$324,000
Outstanding Balance
$249,652
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$640,962

Purchase Details

Closed on
May 7, 2010
Sold by
Reynolds James Thomas
Bought by
Reynolds Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,454
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2009
Sold by
Fannie Mae
Bought by
Reynolds James Thomas and Reynolds Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2009
Sold by
Williams Jason T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 27, 2007
Sold by
Williams Brittany D
Bought by
Williams Jason T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,201
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 26, 2006
Sold by
Taro Properties Arizona I Llc
Bought by
Trend Homes 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
Mally Andrew $405,000 Grand Canyon Title Agency In
Reynolds Suzanne -- Sonoran Title Services Inc
Reynolds James Thomas $350,000 Stewart Title & Trust Of Pho
Federal National Mortgage Association $285,387 First American Title
Williams Jason T -- Chicago Title Insurance Co
Williams Jason T $622,737 Chicago Title Insurance Co
Trend Homes Inc $287,058 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mally Andrew $324,000
Previous Owner Reynolds Suzanne $344,454
Previous Owner Reynolds James Thomas $343,660
Previous Owner Williams Jason T $143,201
Previous Owner Williams Jason T $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2014 11/12/14 Sold $405,000 -2.4% $88 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
10/10/2014 10/10/14 Price Changed $414,900 0.0% $90 / Sq Ft
09/29/2014 09/29/14 Price Changed $415,000 -2.4% $90 / Sq Ft
09/08/2014 09/08/14 For Sale $425,000 -- $92 / 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 $3,261 $43,066 -- --
2024 $3,465 $41,016 -- --
2023 $3,465 $61,900 $12,380 $49,520
2022 $3,304 $46,030 $9,200 $36,830
2021 $3,366 $42,030 $8,400 $33,630
2020 $3,431 $40,870 $8,170 $32,700
2019 $3,323 $37,430 $7,480 $29,950
2018 $3,205 $36,730 $7,340 $29,390
2017 $3,089 $38,870 $7,770 $31,100
2016 $3,085 $37,930 $7,580 $30,350
2015 $2,743 $36,660 $7,330 $29,330
Source: Public Records

Agents Affiliated with this Home

  • Laura Morby

    Seller's Agent in 2014

    Laura Morby

    eXp Realty

    (480) 717-2070

    75 Total Sales

    Laura Morby
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Ryan Jarvis

    Gentry Real Estate

  • T

    Buyer's Agent in 2014

    Tom Haskin

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5168513

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-16-899

Arizona Maricopa County Gilbert 85297 Power Ranch

4516 E Bonanza Rd, 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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