NOT LISTED FOR SALE

7366 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $495,724 - $551,000

5 Beds
3 Baths
1,949 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $259,990 $133 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,025/month

3 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom
  • Highland Jr High School Rated A-
  • Double Pane Windows
  • Community Playground

About This Home

As of April 2015

The New Construction Single Story with 5 bedrooms, 3 baths, 2 car garage, blinds, front grass landscaping, gas range, front porches and much more.

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: 02/27/2015

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $568

Year Built

  • Built in 2014 | Under Construction

Lot Details

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

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,949 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tile Flooring
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Highland Jr High Middle School
  • Desert Ridge High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 7
  • Assessor Parcel Number 304-17-226

Community Details

Overview

  • Association fees include ground maintenance
  • Ccmc Association, Phone Number (480) 921-7500
  • Built by Lennar
  • Discovery At Morrison Ranch Subdivision, Lewis Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$568

Year Built

Built in 2014 | Under Construction

Lot Details

0

HOA Fees

$72 per month

Parking

2

Listing Details

  • Cross Street: Power and Guadalupe Road
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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: 2014
  • Tax Year: 2014
  • Master Model: Lewis
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Discovery at Morrison Ranch
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 133.4
  • Association Fees:HOA Fee2: 72.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1949.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • 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: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 72.0
  • 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 Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Place at MR
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • High School: Desert Ridge High
  • 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 #: 304-17-226

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 568.42
  • Tax Book Number: 304.00
  • Tax Lot: 7
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
7366 E Olla Ave Llc
Bought by
Khanna Ritesh and Khanna Pooja
Current Estimated Value
$529,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,724
Outstanding Balance
$172,007
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$357,424

Purchase Details

Closed on
Jun 6, 2016
Sold by
Khanna Ritesh and Khanna Pooja
Bought by
7366 E Olla Ave Llc

Purchase Details

Listed on
Feb 27, 2015
Closed on
Apr 20, 2015
Sold by
Khanna Pooja and Khanna Ritesh
Bought by
Khanna Ritesh
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$266,190
Sold Price
$259,990
Premium/Discount to List
-$6,200
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$207,992
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2015
Closed on
Mar 9, 2015
Sold by
Lennar Arizona Inc
Bought by
Khanna Ritesh
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$266,190
Sold Price
$259,990
Premium/Discount to List
-$6,200
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,992
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Khanna Ritesh -- Title 365
7366 E Olla Ave Llc -- None Available
Khanna Ritesh -- None Available
Khanna Ritesh -- North American Title Company
Khanna Ritesh $259,990 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanna Ritesh $192,724
Previous Owner Khanna Ritesh $207,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $259,990 -2.3% $133 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $266,190 -- $137 / 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 $2,145 $23,921 -- --
2024 $2,078 $22,782 -- --
2023 $2,078 $36,320 $7,260 $29,060
2022 $2,031 $28,700 $5,740 $22,960
2021 $2,145 $27,550 $5,510 $22,040
2020 $2,110 $26,000 $5,200 $20,800
2019 $1,974 $24,010 $4,800 $19,210
2018 $1,891 $23,010 $4,600 $18,410
2017 $1,835 $21,350 $4,270 $17,080
2016 $1,884 $20,560 $4,110 $16,450
2015 $501 $4,256 $4,256 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dawn Faraci

    Lennar Sales Corp

  • N

    Buyer's Agent in 2015

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5242858

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-226

Arizona Maricopa County Mesa 85212 Morrison Ranch

7366 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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