NOT LISTED FOR SALE

7342 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $639,000 - $696,000

5 Beds
3 Baths
2,913 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 30, 2020

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

Est. 35% increase in value since last sale

Current estimated payment $4,093/month

10 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Granite Countertops
  • Boulder Creek Elementary School Rated A-
  • Corner Lot
  • Private Yard

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: 08/08/2020

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
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,913 Sq Ft Home
  • 2-Story Property

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

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

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Cross Street: Guadalupe Rd & Sossaman Rd
  • 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: 2014
  • Tax Year: 2019
  • Directions: Turn left onto S Avoca Dr, Turn right onto E Olla Ave, Property will be on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: DESERT PLACE AT MORRISON RANCH PHASE 1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 273.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 2913.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

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

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 182.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 182.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Boulder Creek Elementary - Mesa
  • 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
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: LENNAR HOMES

Tax Info

  • Tax Annual Amount: 2012.0
  • Tax Book Number: 304.00
  • Tax Lot: 1
  • Tax Map Number: 17.00

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
Total Days on Market
10
Current Estimated Value
$669,101

Purchase Details

Listed on
Aug 8, 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
6.30%
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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Range of Values:

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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 $2,156,400
Previous Owner Valdez Edgar $465,500
Previous Owner Torres Ramona $55,000
Previous Owner Torres Ramona $292,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $2,950 $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

    2 in this area

    78 Total Sales

    Werner Von Borries
    Section Image
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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

This home is located at 7342 E Olla Ave, Mesa, AZ 85212 since 08 August 2020 and is currently estimated at $669,101, approximately $229 per square foot. This property was built in 2014. 7342 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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