NOT LISTED FOR SALE

7243 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $477,585 - $534,000

3 Beds
2 Baths
1,640 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $257,490 $157 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,865/month

10 Days on Market

Highlights

  • Granite Countertops
  • Covered Patio or Porch
  • Double Pane Windows
  • Boulder Creek Elementary School Rated A-
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of August 2015

Beautiful 3 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: 06/26/2015

Last Buyer's Agent

Mike Warren

HomeSmart Lifestyles License #SA654388000

HomeSmart Lifestyles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 2015 | Under Construction

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Smart Home

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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 20
  • Assessor Parcel Number 304-17-590

Community Details

Overview

  • Property has a Home Owners Association
  • Ccmc Association, Phone Number (480) 921-7500
  • Built by Lennar
  • Discovery At Morrison Ranch Phase 2 Subdivision, Gibralter Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 2015 | 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 Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2015
  • Tax Year: 2014
  • Directions: From US 60 exit South on Sossaman. Turn right on Guadualupe and the community will be on the South side of Guadalupe.
  • Master Model: Gibralter
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.13
  • Subdivision Name: Discovery at Morrison Ranch Phase 2
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 72.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Technology:Smart Home System: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 1640.0
  • Stories: 1
  • Window Features: Vinyl Frame, Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: 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
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Kitchen Features:Engy Star (See Rmks)2: 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
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned
  • 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:HOA Telephone4: 480-921-7500
  • 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 #: 304-17-590
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 20
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Prater Marvin E and Prater Beatrice N
Bought by
Prater Family Living Trust
Current Estimated Value
$502,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,121
Outstanding Balance
$11,870
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$497,078

Purchase Details

Closed on
Jan 4, 2019
Sold by
Prater Marvin E and Prater Beatrice N
Bought by
Prater Marvin E and Prater Beatrice N

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jul 13, 2015
Sold by
Lennar Arizona Inc
Bought by
Prater Marvin E and Prater Beatrice Noel
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Mike Warren
HomeSmart Lifestyles
List Price
$256,490
Sold Price
$257,490
Premium/Discount to List
$1,000
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$174,490
Interest Rate
4.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Prater Family Living Trust -- Pioneer Title
Prater Marvin E -- --
Prater Marvin E -- None Available
Prater Marvin E $257,490 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prater Family Living Trust $18,121
Previous Owner Prater Marvin E $198,500
Previous Owner Prater Marvin E $45,000
Previous Owner Prater Marvin E $174,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $257,490 0.0% $157 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
07/02/2015 07/02/15 Price Changed $257,490 +0.4% $157 / Sq Ft
06/25/2015 06/25/15 For Sale $256,490 -- $156 / 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 $1,518 $21,317 -- --
2024 $1,532 $20,301 -- --
2023 $1,532 $34,550 $6,910 $27,640
2022 $1,495 $27,050 $5,410 $21,640
2021 $1,619 $25,850 $5,170 $20,680
2020 $1,591 $24,230 $4,840 $19,390
2019 $1,474 $22,410 $4,480 $17,930
2018 $1,403 $20,380 $4,070 $16,310
2017 $1,359 $18,860 $3,770 $15,090
2016 $1,410 $18,080 $3,610 $14,470
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dawn Faraci

    Lennar Sales Corp

  • Mike Warren

    Buyer's Agent in 2015

    Mike Warren

    HomeSmart Lifestyles

    (602) 741-6584

    62 Total Sales

    Mike Warren
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5299177

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-590

Arizona Maricopa County Mesa 85212 Morrison Ranch

7243 E Olla Ave, Mesa, AZ

This home is located at 7243 E Olla Ave, Mesa, AZ 85212 since 26 June 2015 and is currently estimated at $502,396, approximately $306 per square foot. This property was built in 2015. 7243 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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