NOT LISTED FOR SALE

7240 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $550,000 - $582,000

5 Beds
3 Baths
1,947 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $575,000 $295 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,314/month

6 Days on Market

Highlights

  • Play Pool
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Boulder Creek Elementary School Rated A-
  • Granite Countertops
  • Double Pane Windows

About This Home

As of July 2024

Fantastic location in Morrison Ranch!! Recently updated single-level Lennar home featuring 5 bedrooms, 3 baths, and a spacious great room. The upgraded kitchen features stainless steel appliances, granite countertops, a new backsplash, and a striking stone accent wall. Enjoy luxurious details such as tile countertops in the bathrooms and ceramic tile tub/shower surrounds. This airy and warm home boasts vaulted ceilings and expansive living spaces. The backyard is an oasis with pavers, artificial turf, a Pebble Tec pool featuring custom lights and water features, and an extended driveway with a sprinkler system in the front. Located near parks, a greenbelt, shopping, schools, and freeways, this home offers the best of Gilbert amenities with the benefit of Mesa taxes.

Last Agent to Sell the Property

George Laughton

My Home Group Real Estate License #SA579470000 Listed on: 06/09/2024

My Home Group Real Estate

Co-Listed By

Mindy Smith

My Home Group Real Estate License #SA705659000

Last Buyer's Agent

Bo Cooper

Compass License #SA689388000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • Built in 2015

Lot Details

  • 5,750 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,947 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 304-17-579

Community Details

Overview

  • Association fees include ground maintenance
  • Rcp Association, Phone Number (480) 813-6788
  • Built by LENNAR HOMES
  • Desert Place At Morrison Ranch Phase 2 Subdivision, Lewis Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

Built in 2015

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Cross Street: Power and Guadalupe
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 91.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2015
  • Tax Year: 2023
  • Directions: East on Guadalupe, South on 72nd St, East on Olla to property.
  • Master Model: Lewis
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: myhg34
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: DESERT PLACE AT MORRISON RANCH PHASE 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 273.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1947.0
  • Stories: 1
  • Window Features: Dual Pane
  • 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
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Back, Grass Front, Synthetic Grass Back, Auto Timer H2O Front
  • Pool Features: Play Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 273.0
  • Association Fee Frequency: Quarterly
  • Association Name: Desert Place HOA
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Desert Place HOA
  • Association Fees:HOA Telephone4: 480-813-6788
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 364.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 273.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: RCP
  • Association Fees:HOA Management Phone: 480-813-6788

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • 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: 5750.0
  • Parcel #: 304-17-579

Building Info

  • Builder Name: LENNAR HOMES

Tax Info

  • Tax Annual Amount: 1702.0
  • Tax Book Number: 304.00
  • Tax Lot: 9
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Jul 17, 2024
Sold by
Smith Douglas and Smith Mindy
Bought by
Glenn Chelsey and Glenn Luke
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
Bo Cooper
Compass
List Price
$575,000
Sold Price
$575,000
Views
18
Current Estimated Value
$565,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,360
Avg. Annual Appreciation
-0.86%
Original Mortgage
$225,000
Outstanding Balance
$223,298
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$346,144

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 1, 2021
Sold by
Garcia Raquel A
Bought by
Smith Douglas and Smith Mindy
Seller's Agent
Travis Dutson
Premier Real Estate Opportunities
Buyer's Agent
Javier Vidana
Real Broker
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$396,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2017
Closed on
Feb 7, 2018
Sold by
Belsanti Jack T
Bought by
Garcia Raquel A
Seller's Agent
Alex Massenti
HomeSmart Lifestyles
Buyer's Agent
Travis Dutson
Premier Real Estate Opportunities
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$299,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 27, 2015
Sold by
Belsanti Amy Dawn and Belsanti Jack T
Bought by
Belsanti Jack T
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$276,490
Sold Price
$279,490
Premium/Discount to List
$3,000
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$274,426
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 13, 2015
Sold by
Lennar Arizona Inc
Bought by
Belsanti Jack T
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$276,490
Sold Price
$279,490
Premium/Discount to List
$3,000
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,426
Interest Rate
3.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Glenn Chelsey $575,000 Old Republic Title Agency
Smith Douglas $440,000 Great American Ttl Agcy Inc
Garcia Raquel A $315,000 Wfg National Title Insurance
Belsanti Jack T -- North American Title Company
Belsanti Jack T $279,490 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glenn Chelsey $225,000
Previous Owner Smith Douglas $396,000
Previous Owner Garcia Raquel A $299,250
Previous Owner Belsanti Jack T $274,426
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $575,000 0.0% $295 / Sq Ft
06/09/2024 06/09/24 For Sale $575,000 +30.7% $295 / Sq Ft
04/07/2021 04/07/21 Sold $440,000 +3.5% $226 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $425,000 +34.9% $218 / Sq Ft
02/06/2018 02/06/18 Sold $315,000 -1.6% $162 / Sq Ft
01/01/2018 01/01/18 Price Changed $320,000 -0.8% $164 / Sq Ft
12/27/2017 12/27/17 Price Changed $322,500 -0.8% $166 / Sq Ft
12/18/2017 12/18/17 For Sale $325,000 +16.3% $167 / Sq Ft
07/31/2015 07/31/15 Sold $279,490 -3.8% $143 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
07/02/2015 07/02/15 Price Changed $290,490 +3.9% $149 / Sq Ft
06/10/2015 06/10/15 Price Changed $279,490 +0.4% $143 / Sq Ft
05/27/2015 05/27/15 Price Changed $278,490 +0.7% $143 / Sq Ft
05/07/2015 05/07/15 For Sale $276,490 -- $142 / 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 $1,686 $23,677 -- --
2024 $1,702 $22,550 -- --
2023 $1,702 $38,430 $7,680 $30,750
2022 $1,660 $30,270 $6,050 $24,220
2021 $1,798 $29,100 $5,820 $23,280
2020 $1,767 $27,120 $5,420 $21,700
2019 $1,637 $25,150 $5,030 $20,120
2018 $1,559 $24,180 $4,830 $19,350
2017 $1,510 $22,460 $4,490 $17,970
2016 $1,566 $20,350 $4,070 $16,280
Source: Public Records

Agents Affiliated with this Home

  • George Laughton

    Seller's Agent in 2024

    George Laughton

    My Home Group Real Estate

    (623) 462-3017

    10 in this area

    2,986 Total Sales

    George Laughton
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mindy Smith

    My Home Group

    (916) 548-6198

    1 in this area

    11 Total Sales

    Mindy Smith
    Section Image
  • Bo Cooper

    Buyer's Agent in 2024

    Bo Cooper

    Compass

    (602) 642-6004

    1 in this area

    35 Total Sales

    Bo Cooper
    Section Image
  • Travis Dutson

    Seller's Agent in 2021

    Travis Dutson

    Premier Real Estate Opportunities

    (480) 988-5555

    4 in this area

    77 Total Sales

    Travis Dutson
    Section Image
  • Javier Vidana

    Buyer's Agent in 2021

    Javier Vidana

    Real Broker

    (623) 707-9836

    1 in this area

    125 Total Sales

    Javier Vidana
    Section Image

  • J

    Buyer's Agent in 2021

    Javier Vidana-Avelar

    My Home Group Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6714017

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-579

Arizona Maricopa County Mesa 85212 Morrison Ranch

7240 E Olla Ave, Mesa, AZ

This home is located at 7240 E Olla Ave, Mesa, AZ 85212 since 09 June 2024 and is currently estimated at $565,640, approximately $290 per square foot. This property was built in 2015. 7240 E Olla Ave is a home located in Maricopa County with nearby schools including Boulder Creek Elementary School, Highland Jr High School, and Highland High School.

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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