NOT LISTED FOR SALE

7365 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $512,000 - $556,000

5 Beds

3 Baths

1,947 Sq Ft

$273/Sq Ft Est. Value

Last sale price $499,997 $257 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,052/month

76 Days on Market

Highlights

Contemporary Architecture
Vaulted Ceiling
2 Car Direct Access Garage
Boulder Creek Elementary School Rated A-
Covered patio or porch
Double Pane Windows

About This Home

As of February 2023

Welcome 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!

Last Agent to Sell the Property

Jesse Scheel

eXp Realty License #SA670717000 Listed on: 11/03/2022

Co-Listed By

Tyler Schultz

eXp Realty License #SA686452000

Last Buyer's Agent

Richard Tannis

Ownit Realty License #SA684980000

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,677

Year Built

Built in 2014

Lot Details

HOA Fees

$91 per month

Parking

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: 2022
Directions: Head west on E Guadalupe Rd toward S Avoca Dr, Turn left onto S Avoca Dr, Turn right at the 1st cross street onto Olla Ave. Property will be on the left.
Master Model: Lewis
Property Sub Type: Single Family Residence
Horses: No
Lot Size Acres: 0.13
Co List Office Mls Id: xpre01
Co List Office Phone: 888-897-7821
Subdivision Name: DESERT PLACE AT MORRISON RANCH PHASE 1
Architectural Style: Contemporary
Property Attached Yn: No
ResoBuildingAreaSource: Assessor
Association Fees:HOA Fee2: 273.0
Cooling ENERGY STAR Qualified Equipment: Yes
Cooling:Central Air: Yes
Special Features: VirtualTour

Interior Features

Flooring: Carpet, Tile
Basement YN: No
Possible Use: None
Spa Features: None
Accessibility Features: Accessible Door 32in+ Wide, Exterior Curb Cuts, Bath Raised Toilet, Accessible Hallway(s), Accessible Closets
Possible Bedrooms: 5
Total Bedrooms: 5
Fireplace Features: None
Fireplace: No
Interior Amenities: Breakfast Bar, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Smart Home, Laminate Counters
Living Area: 1947.0
Stories: 1
Window Features: Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
ResoLivingAreaSource: Assessor
Kitchen Features:RangeOven Gas: Yes
Kitchen Features:Built-in Microwave: Yes
Community Features:BikingWalking Path: Yes
Kitchen Features Pantry: Yes
Kitchen Features:Laminate Counters: Yes
Other Rooms:Great Room: Yes
Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

Fencing: Block
Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
Pool Features: None
Pool Private: No
Disclosures: Agency Discl Req
Construction Type: Stucco, Wood Frame, Painted, ICAT Recessed Lighting, Ducts Professionally Air-Sealed
Patio And Porch Features: Covered Patio(s), Patio
Roof: Tile
Construction:Frame - Wood: Yes
Exterior Features:Covered Patio(s): Yes
Exterior Features:Patio: Yes
Construction:Ducts Professionally Air-Sealed: Yes
Construction:ICAT Recessed Lights: Yes

Garage/Parking

Total Covered Spaces: 2.0
Parking Features: Garage Door Opener, Direct Access
Attached Garage: No
Garage Spaces: 2.0
Open Parking Spaces: 2.0
Parking Features:Garage Door Opener: Yes
Parking Features:Direct Access: Yes

Utilities

Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
Heating: ENERGY STAR Qualified Equipment, Natural Gas
Laundry Features: Wshr/Dry HookUp Only
Security: Security System Owned
Cooling Y N: Yes
Heating Yn: Yes
Water Source: City Water
Heating:Natural Gas: Yes
Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

Community Features: Playground, Biking/Walking Path
Amenities: Management
Association Fee: 273.0
Association Fee Frequency: Quarterly
Association Name: Desert Place at MR
Phone: 602-437-4777
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 at MR
Association Fees:HOA Telephone4: (602)437-4777
Association Fees:Special Assessment HOA: No
Association Fees:PAD Fee YN2: N
Association Fees:Cap ImprovementImpact Fee _percent_: $
Association Fees:Disclosure Fees HOA: 400.0
Association Fee Incl:Common Area Maint3: Yes
Association Fees:HOA Management Company: City Property Mgmt
Association Fees:HOA Management Phone: (602)437-4777
Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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 #: 304-17-243
ResoLotSizeUnits: SquareFeet

Building Info

Builder Name: Lennar Homes

Tax Info

Tax Annual Amount: 1677.0
Tax Book Number: 304.00
Tax Lot: 24
Tax Map Number: 17.00

Ownership History

Feb 2023 - Present Tannis Richard E 2 Years and 3 Months

Private Individual

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%

Total Days on Market

Views

Current Estimated Value

$531,119

Estimated Appreciation

$31,122

Avg. Annual Appreciation

2.66%

Original Mortgage

$474,997

Outstanding Balance

$462,184

Interest Rate

6.12%

Mortgage Type

New Conventional

Estimated Equity

$68,935

Oct 2014 - Feb 2023 Powers Ryan Joseph 8 Years and 4 Months

Private Individual

Purchase Details

Closed on

Oct 14, 2014

Sold by

Lennar Arizona Inc

Bought by

Powers Ryan Joseph

Original Mortgage

$247,915

Interest Rate

3.62%

Mortgage Type

FHA

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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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

Status	Borrower	Loan Amount
Open	Tannis Richard E	$474,997
Previous Owner	Powers Ryan Joseph	$98,900
Previous Owner	Powers Ryan Joseph	$292,100
Previous Owner	Powers Ryan Joseph	$289,600
Previous Owner	Powers Ryan	$246,270
Previous Owner	Powers Ryan Joseph	$247,915

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
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

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	$1,703	$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

Seller's Agent in 2023

Jesse Scheel

eXp Realty

(480) 767-3000

1 in this area

84 Total Sales

Jesse Scheel
T

Seller Co-Listing Agent in 2023

Tyler Schultz

eXp Realty

(888) 897-7821

1 in this area

25 Total Sales

Tyler Schultz
Buyer's Agent in 2023

Richard Tannis

Ownit Realty

(480) 685-1009

1 in this area

9 Total Sales

Richard Tannis

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6484942

APN: 304-17-243

Arizona Maricopa County Mesa 85212 Morrison Ranch

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

Nearby Homes

7365 E Olla Ave Mesa, AZ 85212

Last Sold February 10, 2023

Highlights

About This Home

Home Details

Community Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Similar Homes in Mesa, AZ

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map