Seller's Agent in 2023
Jesse Scheel
eXp Realty
(480) 767-3000
1 in this area
68 Total Sales
7365 E Olla Ave Mesa, AZ 85212
Morrison Ranch NeighborhoodEstimated Value: $517,634 - $536,000
5
Beds
3
Baths
1,947
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Vaulted Ceiling
- 2 Car Direct Access Garage
- Highland Jr High School Rated A-
- Covered Patio or Porch
- Double Pane Windows
About This Home
As of February 2023Welcome to Morrison Ranch! An amazing new development situated inside the 202 loop just minutes to Mesa Gateway airport and all the amenities the east side of the Valley has to offer. Similar sized new builds in the area have a base price of $550k currently before design center so why buy new when you can own this well maintained 8-year-old home for $100k less? Take a drive through the immaculate neighborhood and appreciate the curb appeal that is maintained throughout all homes in the subdivision. Stop by the family friendly parks and play areas! Step into this amazing single-story home with soaring vaulted ceilings, an open floor plan, plenty of natural light, and a custom color palette and immediately feel at home! You will love the tile flooring in all high traffic areas for durability and low maintenance as well as the plush carpeting in all bedrooms. The kitchen is a culinary minded persons delight with abundant cabinet space, energy efficient appliances, a massive pantry, and best of all a gas cooktop oven! The bedrooms are adequately sized with plenty of closet space and 9 foot ceilings! The master suite is sure to please with a vaulted ceiling, patio access, enormous walk-in closet, a bathroom complete with his and her sinks, and giant tile surround shower complete with rain head! The front and back yard are low maintenance and environment friendly with minimal grass and topped off with pavers and rock in all the right places. With easy access to the loop 202 and 60 you will have everything at your fingertips from dining, shopping, golfing, family fun, and all the best entertainment! Make this your new home or home away from home today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,677
Year Built
- Built in 2014
Lot Details
- 5,750 Sq Ft Lot
- Block Wall Fence
- Grass Covered Lot
HOA Fees
- $91 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Tile Roof
- ICAT Recessed Lighting
- Stucco
Interior Spaces
- 1,947 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Vinyl Clad Windows
- Washer and Dryer Hookup
Kitchen
- Breakfast Bar
- Built-In Microwave
- Laminate Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Home Security
- Security System Owned
- Smart Home
Accessible Home Design
- Accessible Hallway
- Accessible Closets
- Doors are 32 inches wide or more
- No Interior Steps
- Raised Toilet
Schools
- Highland Jr High Middle School
- Highland High School
Utilities
- Ducts Professionally Air-Sealed
- Central Air
- Heating System Uses Natural Gas
- Water Softener
- High Speed Internet
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Covered Patio or Porch
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 304-17-243
Community Details
Overview
- Association fees include ground maintenance
- City Property Mgmt Association, Phone Number (602) 437-4777
- Built by Lennar Homes
- Desert Place At Morrison Ranch Phase 1 Subdivision, Lewis Floorplan
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2022
Closed on
Feb 10, 2023
Sold by
Powers Ryan Joseph
Bought by
Tannis Richard E
Seller's Agent
Jesse Scheel
eXp Realty
Buyer's Agent
Richard Tannis
Ownit Realty
List Price
$515,000
Sold Price
$499,997
Premium/Discount to List
-$15,003
-2.91%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,162
Avg. Annual Appreciation
2.04%
Original Mortgage
$474,997
Outstanding Balance
$459,520
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$70,639
Purchase Details
Closed on
Oct 14, 2014
Sold by
Lennar Arizona Inc
Bought by
Powers Ryan Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,915
Interest Rate
3.62%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tannis Richard E | $499,997 | Wfg National Title Insurance C | |
| Powers Ryan Joseph | $252,490 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tannis Richard E | $474,997 | |
| Previous Owner | Powers Ryan Joseph | $247,915 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2023 02/10/23 | Sold | $499,997 | 0.0% | $257 / Sq Ft |
| 01/18/2023 01/18/23 | Pending | -- | -- | -- |
| 01/12/2023 01/12/23 | Price Changed | $499,997 | 0.0% | $257 / Sq Ft |
| 01/05/2023 01/05/23 | Price Changed | $499,998 | 0.0% | $257 / Sq Ft |
| 11/30/2022 11/30/22 | Price Changed | $499,999 | -1.0% | $257 / Sq Ft |
| 11/24/2022 11/24/22 | Price Changed | $504,999 | 0.0% | $259 / Sq Ft |
| 11/17/2022 11/17/22 | Price Changed | $505,000 | -1.9% | $259 / Sq Ft |
| 11/10/2022 11/10/22 | Price Changed | $514,999 | 0.0% | $265 / Sq Ft |
| 11/03/2022 11/03/22 | For Sale | $515,000 | -- | $265 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,772 | $23,921 | -- | -- |
| 2024 | $1,719 | $22,782 | -- | -- |
| 2023 | $1,719 | $37,360 | $7,470 | $29,890 |
| 2022 | $1,677 | $29,480 | $5,890 | $23,590 |
| 2021 | $1,817 | $28,280 | $5,650 | $22,630 |
| 2020 | $1,785 | $26,720 | $5,340 | $21,380 |
| 2019 | $1,654 | $25,020 | $5,000 | $20,020 |
| 2018 | $1,575 | $23,010 | $4,600 | $18,410 |
| 2017 | $1,525 | $21,350 | $4,270 | $17,080 |
| 2016 | $1,582 | $20,560 | $4,110 | $16,450 |
| 2015 | $501 | $4,256 | $4,256 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jesse Scheel
-
Tyler Schultz
T
Seller Co-Listing Agent in 2023
Tyler Schultz
eXp Realty
(888) 897-7821
1 in this area
26 Total Sales
-
Richard Tannis
Buyer's Agent in 2023
Richard Tannis
Ownit Realty
(480) 331-1212
1 in this area
8 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6484942
APN: 304-17-243
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.
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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