NOT LISTED FOR SALE

7405 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $507,755 - $582,000

3 Beds
3 Baths
1,949 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $295,000 $151 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,056/month

111 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 July 2015

This New Construction NextGen ''Home within a Home'' single story with 3 bedrooms in the main home, 3 baths, 2 car garage, blinds, front grass landscaping, gas range, front porches and private suite. The NextGen Suite is complete with a kitchenette, living space, bathroom and bedroom.

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: 03/13/2015

Last Buyer's Agent

William Adams

West USA Realty License #BR574123000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $568

Year Built

  • Built in 2015

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
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tile Flooring
  • Smart Home
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures

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 23
  • Assessor Parcel Number 304-17-242

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 2015

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: 2015
  • 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: 151.36
  • 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
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Smart Home, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Full Bth Master Bdrm
  • Living Area: 1949.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • Kitchen Features:RangeOven Gas: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: 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: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • 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 Transfer Fee2: 100.0
  • 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 #: 304-17-242

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 568.42
  • Tax Book Number: 304.00
  • Tax Lot: 23
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jul 13, 2015
Sold by
Lennar Arizona Inc
Bought by
Korff Hal and Korff Lynne M
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
William Adams
West USA Realty
List Price
$301,990
Sold Price
$295,000
Premium/Discount to List
-$6,990
-2.31%
Current Estimated Value
$540,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,887
Avg. Annual Appreciation
6.03%
Original Mortgage
$200,000
Outstanding Balance
$156,761
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$386,178
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korff Hal $295,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korff Hal $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2015 07/28/15 Sold $295,000 -2.6% $151 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
06/10/2015 06/10/15 Price Changed $302,990 +0.3% $155 / Sq Ft
05/27/2015 05/27/15 Price Changed $301,990 +0.7% $155 / Sq Ft
05/07/2015 05/07/15 Price Changed $299,990 -1.6% $154 / Sq Ft
04/29/2015 04/29/15 Price Changed $304,990 +0.3% $156 / Sq Ft
04/08/2015 04/08/15 Price Changed $303,990 +0.7% $156 / Sq Ft
03/13/2015 03/13/15 For Sale $301,990 -- $155 / 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 $1,795 $24,240 -- --
2024 $1,742 $23,086 -- --
2023 $1,742 $37,550 $7,510 $30,040
2022 $1,700 $29,650 $5,930 $23,720
2021 $1,841 $28,460 $5,690 $22,770
2020 $1,809 $26,910 $5,380 $21,530
2019 $1,676 $25,020 $5,000 $20,020
2018 $1,596 $23,010 $4,600 $18,410
2017 $1,546 $21,350 $4,270 $17,080
2016 $1,603 $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

  • W

    Buyer's Agent in 2015

    William Adams

    West USA Realty

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5250109

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-242

Arizona Maricopa County Mesa 85212 Morrison Ranch

7405 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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