NOT LISTED FOR SALE

640 S Olympic Dr Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $641,000 - $817,000

4 Beds
3 Baths
2,649 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $830,000 $313 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,279/month

Highlights

  • Private Pool
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Settlers Point Elementary School Rated A-
  • 3 Car Direct Access Garage
  • Double Pane Windows

About This Home

As of June 2024

Former Model Home! Next Gen home within a Home.
Located in the amenity rich community of Warner Meadow in a prime location in Gilbert. Entertain effortlessly with this new home design that offers both a separate living area off the foyer and an open-concept living area at the end of the hall. With three secondary bedrooms and an elegant owner's suite, there's plenty of room for the whole family Beautifully appointed with Sonoma Cherry Slate cabinets, Granite counters and 6 x 24 plank tile flooring. This home includes a private pool, backyard landscaping, two tone paint and many other luxury features. A copy of the public report is available on the Arizona Department of Real Estate's website.

Last Agent to Sell the Property

Joanne Hall

Lennar Sales Corp License #BR528037000 Listed on: 05/05/2024

Lennar Sales Corp

Last Buyer's Agent

Dolores McCall

West USA Realty License #SA640050000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 2022

Lot Details

  • 7,396 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,649 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Smart Home
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Finley Farms Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 475
  • Assessor Parcel Number 304-18-611

Community Details

Overview

  • Association fees include ground maintenance
  • Warner Meadow Association
  • Built by Lennar
  • Warner Meadow Phase 1 Subdivision, Trillium Floorplan

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$782

Year Built

Built in 2022

Lot Details

0

HOA Fees

$90 per month

Parking

3

Listing Details

  • Cross Street: Warner & Recker
  • 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: 90.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2022
  • Tax Year: 2023
  • Master Model: Trillium
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: WARNER MEADOW PHASE 1
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 313.33
  • Association Fees:HOA Fee2: 90.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm
  • Living Area: 2649.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground, Biking/Walking Path
  • Association Fee: 90.0
  • Association Fee Frequency: Monthly
  • Association Name: Warner Meadow
  • Phone: 000-000-0000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Warner Meadow
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • 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: Finley Farms Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7396.0
  • Parcel #: 304-18-611

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 782.0
  • Tax Book Number: 304.00
  • Tax Lot: 475
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2024
Closed on
Jun 10, 2024
Sold by
Lennar Arizona Llc
Bought by
Mccall Dolores Jean
Seller's Agent
Joanne Hall
Lennar Sales Corp
Buyer's Agent
Dolores McCall
West USA Realty
List Price
$839,990
Sold Price
$830,000
Premium/Discount to List
-$9,990
-1.19%
Views
9
Current Estimated Value
$762,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,857
Avg. Annual Appreciation
-5.35%
Original Mortgage
$747,000
Outstanding Balance
$733,775
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$28,368

Purchase Details

Closed on
Jul 2, 2021
Sold by
Ag Essential Housing Multi State 2 Llc
Bought by
Lennar Arizona Inc
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
Mccall Dolores Jean $830,000 Lennar Title
Lennar Arizona Inc $962,351 Lennar Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall Dolores Jean $747,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $830,000 -1.2% $313 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $839,990 -- $317 / 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 $2,346 $30,657 -- --
2024 $782 $29,198 -- --
2023 $782 $19,455 $19,455 $0
2022 $761 $13,365 $13,365 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joanne Hall

    Lennar Sales Corp

    (623) 236-3376

    8 in this area

    1,191 Total Sales

    Joanne Hall
    Section Image

  • D

    Buyer's Agent in 2024

    Dolores McCall

    West USA Realty

    (602) 770-3041

    1 in this area

    2 Total Sales

    Dolores McCall
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6701385

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-18-611

Arizona Maricopa County Gilbert 85296 Heritage District

640 S Olympic Dr, 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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