NOT LISTED FOR SALE

7157 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $493,520 - $534,000

4 Beds
2 Baths
1,798 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $287,620 $160 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,878/month

97 Days on Market

Highlights

  • Granite Countertops
  • Covered Patio or Porch
  • Double Pane Windows
  • Highland Jr High School Rated A-
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of August 2016

Beautiful 4 bedroom, 2 bathroom home with upgraded tile,
granite countertops, 42 inch crown molding cupboards, and all stainless
steel appliances. Located near both the 60 and 202 freeways in the family
friendly community of Morrison Ranch. This community is only a few minutes
from golfing, shopping, dining and entertainment.

A PUBLIC REPORT IS AVAILABLE ON THE STATE REAL ESTATE DEPARTMENT'S WEBSITE.

Last Agent to Sell the Property

Dawn Faraci

Lennar Sales Corp License #SA572073000 Listed on: 05/02/2016

Last Buyer's Agent

Yanwen Wong

West USA Realty License #BR659270000

West USA Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 5,750 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,798 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Boulder Creek Elementary - Mesa
  • Highland Jr High Middle School
  • Desert Ridge High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 18
  • Assessor Parcel Number 312-08-584

Community Details

Overview

  • Property has a Home Owners Association
  • Ccmc Association, Phone Number (480) 921-7500
  • Built by Lennar
  • Desert Place At Morrison Ranch Phase 3 Subdivision, Barbaro Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Power and Guadalupe Road
  • Legal Info Range: 7E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 72.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2016
  • Tax Year: 2015
  • Master Model: Barbaro
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.13
  • Subdivision Name: DESERT PLACE AT MORRISON RANCH PHASE 3
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 159.97
  • Association Fees:HOA Fee2: 72.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Pantry, Double Vanity, Granite Counters
  • Living Area: 1798.0
  • Stories: 1
  • Window Features: Vinyl Frame, Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: 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: Dirt Back, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee Frequency: Monthly
  • Association Name: Desert Place at MR
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Place at MR
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: CCMC
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Boulder Creek Elementary - Mesa
  • High School: Desert Ridge High
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5750.0
  • Parcel #: 312-08-584
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Book Number: 312.00
  • Tax Lot: 18
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Aug 9, 2016
Sold by
Lennar Arizona Inc
Bought by
Wheeler Marlin T and Wheeler Grace A
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Yanwen Wong
West USA Realty
List Price
$293,990
Sold Price
$287,620
Premium/Discount to List
-$6,370
-2.17%
Current Estimated Value
$523,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,593
Avg. Annual Appreciation
6.48%
Original Mortgage
$287,620
Outstanding Balance
$229,042
Interest Rate
3.42%
Mortgage Type
VA
Estimated Equity
$287,838
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
Wheeler Marlin T $287,620 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Marlin T $287,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $287,620 -3.8% $160 / Sq Ft
08/07/2016 08/07/16 Pending -- -- --
07/27/2016 07/27/16 Price Changed $298,990 +0.3% $166 / Sq Ft
06/29/2016 06/29/16 Price Changed $297,990 +0.3% $166 / Sq Ft
05/25/2016 05/25/16 Price Changed $296,990 +0.3% $165 / Sq Ft
05/18/2016 05/18/16 Price Changed $295,990 +0.7% $165 / Sq Ft
05/02/2016 05/02/16 For Sale $293,990 -- $164 / 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 $1,641 $22,162 -- --
2024 $1,593 $21,106 -- --
2023 $1,593 $36,480 $7,290 $29,190
2022 $1,554 $28,630 $5,720 $22,910
2021 $1,683 $27,280 $5,450 $21,830
2020 $1,654 $25,460 $5,090 $20,370
2019 $1,533 $23,610 $4,720 $18,890
2018 $1,459 $21,570 $4,310 $17,260
2017 $1,413 $20,000 $4,000 $16,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dawn Faraci

    Lennar Sales Corp

  • Yanwen Wong

    Buyer's Agent in 2016

    Yanwen Wong

    West USA Realty

    (480) 244-8854

    29 Total Sales

    Yanwen Wong
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5436882

Arizona Regional Multiple Listing Service (ARMLS)

APN: 312-08-584

Arizona Maricopa County Mesa 85212 Morrison Ranch

7157 E Olla Ave, Mesa, 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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