NOT LISTED FOR SALE

4748 E Olive Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $524,700 - $552,000

4 Beds
3 Baths
2,226 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $610,000 $274 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,073/month

3 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Eat-In Kitchen
  • Superstition Springs Elementary School Rated A-
  • Heated Community Pool
  • Double Pane Windows

About This Home

As of June 2022

Warm and welcoming, this immaculate two-story home is flattered by a beautiful Spanish-style exterior, including an arched entryway that creates a cozy front door greeting-area. A step across the threshold reveals handsome wide-planked floors and heart-of-the-home gathering spaces highlighted by a perfect-for-movie-nights family room and a stunning contemporary kitchen dressed with wraparound subway-tile backsplash, stainless steel appliances, tons of storage, sliding doors to an outdoor picnic-patio and a sit-at breakfast bar that is as ideal for early-morning orange juice, protein bars and bagels as it is for after-school homework and snacks. A stroll upstairs leads to a spacious play-room/game-room, supporting bedrooms and the light and airy primary suite, host to a pampering private bath and large walk-in closet. Meanwhile, the easy-care backyard has just enough room for a comfy spa, tot-lot, splash-pad, veggie garden, petite pool/spool or dog-run, whatever suits your lifestyle. Conveniently located near Power Road and Guadalupe Road in Gilbert, close to a plethora of shopping venues, eateries and more. Details: 4BD; 3BA; 2,226SF.

Last Agent to Sell the Property

Melissa Massey

NORTH&CO. License #SA650027000 Listed on: 05/16/2022

Co-Listed By

Lindsay Rusk

NORTH&CO. License #SA635656000

Last Buyer's Agent

Ryan Meeks

eXp Realty License #SA685504000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 2018

Lot Details

  • 3,264 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,226 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Superstition Springs Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 313-27-478

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Trestle Mngmnt Association, Phone Number (480) 422-0888
  • Built by PorchLight Homes
  • Arcadia Commons Subdivision

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,693

Year Built

Built in 2018

Lot Details

0

HOA Fees

$119 per month

Parking

2

Listing Details

  • Cross Street: Power & Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 119.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: nrtc07
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: ARCADIA COMMONS
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 274.03
  • Association Fees:HOA Fee2: 119.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2226.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: 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:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Community Pool Htd, Community Pool, Playground, Biking/Walking Path
  • Association Fee: 119.0
  • Association Fee Frequency: Monthly
  • Association Name: Eastpoint
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Eastpoint
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 476.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle MNGMNT
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Superstition Springs Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3264.0
  • Parcel #: 313-27-478
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: PorchLight Homes

Tax Info

  • Tax Annual Amount: 1693.0
  • Tax Book Number: 313.00
  • Tax Lot: 77
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Ownby Jerry L
Bought by
Reeve Michael John and Reeve Joann
Current Estimated Value
$538,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,500
Outstanding Balance
$409,140
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$129,285

Purchase Details

Closed on
Jan 3, 2019
Sold by
Plhaz Sales & Marketing Llc
Bought by
Ownby Jerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,336
Interest Rate
4.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reeve Michael John $470,000 Magnus Title Agency
Ownby Jerry L $322,003 First American Title Ins Co
Plhaz Sales & Marketing Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeve Michael John $446,500
Previous Owner Ownby Jerry L $320,336
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $610,000 +3.4% $274 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $590,000 -- $265 / 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 $1,707 $22,487 -- --
2024 $1,655 $21,416 -- --
2023 $1,655 $39,800 $7,960 $31,840
2022 $1,605 $29,720 $5,940 $23,780
2021 $1,693 $28,510 $5,700 $22,810
2020 $1,666 $25,170 $5,030 $20,140
2019 $242 $3,465 $3,465 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melissa Massey

    NORTH&CO.

  • L

    Seller Co-Listing Agent in 2022

    Lindsay Rusk

    NORTH&CO.

  • Ryan Meeks

    Buyer's Agent in 2022

    Ryan Meeks

    eXp Realty

    (480) 612-2219

    2 in this area

    92 Total Sales

    Ryan Meeks
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6400233

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-27-478

Arizona Maricopa County Gilbert 85234 Val Vista

4748 E Olive Ave, 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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