NOT LISTED FOR SALE

7342 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $628,242 - $658,000

5 Beds
3 Baths
2,913 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $497,000 $171 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,629/month

10 Days on Market

Highlights

  • Private Pool
  • Corner Lot
  • Covered Patio or Porch
  • Highland Jr High School Rated A-
  • Private Yard
  • Double Vanity

About This Home

As of September 2020

Amazing home located in the sought after community of Desert Place at Morrison Ranch. Premium lot, sides to Greenbelt! Beautiful 5 bed, 3 bath w' a spacious loft. This home has the finest finishes. Granite counters, 42 inch cabinets, gas stove, & SS appliances. Very open floor concept which is perfect for everyday living & entertaining. Luxury flooring throughout! Master suite is huge & offers a seating area & walk-in closet. Master bath features a large extended shower, dual executive level vanities & upgraded lighting. Backyard is a oasis w' designer landscape, covered patio & a gorgeous pool w' tile & water feature. You will love the tree lined streets in this community. A+ Gilbert schools! Other amenities include volleyball, basketball & playgrounds. Close to restaurants & shopping!

Last Agent to Sell the Property

Gina McMullen

Redfin Corporation License #SA558365000 Listed on: 08/13/2020

Last Buyer's Agent

Werner Von Borries

Special Agent License #BR520844000

Special Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 2014

Lot Details

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

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,913 Sq Ft Home
  • 2-Story Property
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Double Vanity

Outdoor Features

  • Private 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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 304-17-220

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Association, Phone Number (602) 437-4777
  • Built by LENNAR HOMES
  • Desert Place At Morrison Ranch Phase 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,012

Year Built

Built in 2014

Lot Details

5,750 Sq Ft Lot

HOA Fees

$91 per month

Parking

2

Listing Details

  • Cross Street: Guadalupe Rd & Sossaman Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 91.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: DESERT PLACE AT MORRISON RANCH PHASE 1
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 170.61
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Gas Oven, Gas Range
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Granite Counters, High Speed Internet, Upstairs
  • Living Area: 2913.0
  • Stories: 2

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Borders Common Area, Gravel/Stone Front, Grass Front, Grass Back
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Inside, Upstairs Laundry
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 273.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 182.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 182.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: City Property

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 #: 304-17-220

Building Info

  • Builder Name: LENNAR HOMES

Tax Info

  • Tax Annual Amount: 2012.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Valdez Edgar and Valdez Xochitl
Bought by
Valdez Estate Enterprises Llc
Current Estimated Value
$646,561

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 22, 2020
Sold by
Torres Ramona and Kaplan Jared
Bought by
Valdez Edgar and Valdez Xochitl
Seller's Agent
Gina McMullen
Redfin Corporation
Buyer's Agent
Werner Von Borries
Special Agent
List Price
$488,000
Sold Price
$497,000
Premium/Discount to List
$9,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$465,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2014
Sold by
Lennar Arizona Inc
Bought by
Torres Ramona and Kaplan Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,590
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records
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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
Valdez Estate Enterprises Llc -- --
Valdez Edgar $500,000 Old Republic Title Agency
Torres Ramona $307,990 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valdez Edgar $465,500
Previous Owner Torres Ramona $292,590
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $497,000 -0.6% $171 / Sq Ft
08/18/2020 08/18/20 Price Changed $500,000 +2.5% $172 / Sq Ft
08/07/2020 08/07/20 For Sale $488,000 -- $168 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,609 $29,099 -- --
2024 $2,091 $27,713 -- --
2023 $2,091 $43,460 $8,690 $34,770
2022 $2,040 $34,150 $6,830 $27,320
2021 $2,210 $32,930 $6,580 $26,350
2020 $2,171 $31,100 $6,220 $24,880
2019 $2,012 $27,830 $5,560 $22,270
2018 $1,916 $27,110 $5,420 $21,690
2017 $1,856 $25,760 $5,150 $20,610
2016 $1,915 $25,010 $5,000 $20,010
2015 $501 $4,256 $4,256 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gina McMullen

    Redfin Corporation

  • Werner Von Borries

    Buyer's Agent in 2020

    Werner Von Borries

    Special Agent

    (480) 834-4840

    68 Total Sales

    Werner Von Borries
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6114676

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-220

Arizona Maricopa County Mesa 85212 Morrison Ranch

7342 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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