NOT LISTED FOR SALE

7406 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $534,380 - $609,000

4 Beds
3 Baths
2,261 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $395,000 $175 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,218/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Covered Patio or Porch
  • Highland Jr High School Rated A-
  • Private Yard
  • Eat-In Kitchen

About This Home

As of April 2020

BEAUTIFUL HOME WITH FULL CASITA. Almost too good to be true. Gorgeous eat- in-kitchen with Granite, decorative wall tile, lighting under the cabinets, 42'' wood cabinets, crown molding. CASITA includes bedroom, living room, kitchen area including convection oven, sink, dishwasher, bathroom and best of all: SEPARATE ENTRANCE. Completely finished front and back yard. BRAND NEW BEDROOM CARPETS. Gas stub for stove and plumbed for soft water. Epoxy floor in garage. All bedrooms have walk in closets.

Last Agent to Sell the Property

Felecia Rozansky

Platinum Realty Group License #BR651131000 Listed on: 02/25/2020

Co-Listed By

Michelle Anderson

Platinum Realty Group License #SA642056000

Last Buyer's Agent

Mayra Petrone

MCO Realty License #SA634022000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 2015

Lot Details

  • 5,750 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,261 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Highland Jr High Middle School
  • Desert Ridge High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 304-17-227

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Place At Mr Association, Phone Number (602) 437-4777
  • Built by Lennar
  • Desert Place At Morrison Ranch Phase 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 2015

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Cross Street: Sossaman and Guadalupe
  • 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: 91.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: plrg01
  • Co List Office Phone: 602-920-9737
  • Subdivision Name: DESERT PLACE AT MORRISON RANCH PHASE 1
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 174.7
  • Association Fees:HOA Fee2: 91.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2261.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Concrete
  • 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: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Place at MR
  • Phone: 602-437-4777
  • 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:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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 #: 304-17-227

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 1781.0
  • Tax Book Number: 304.00
  • Tax Lot: 8
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Apr 28, 2020
Sold by
Arcos Daniel and Coronado Annette Francissca
Bought by
Berhe Degan and Palafox Karen G
Seller's Agent
Felecia Rozansky
Platinum Realty Group
Buyer's Agent
Mayra Petrone
MCO Realty
List Price
$394,800
Sold Price
$395,000
Premium/Discount to List
$200
0.05%
Current Estimated Value
$568,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,127
Avg. Annual Appreciation
7.01%
Original Mortgage
$395,000
Outstanding Balance
$351,971
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$228,374

Purchase Details

Closed on
Dec 4, 2014
Sold by
Lennar Arizona Inc
Bought by
Arcos Daniel and Coronado Annette Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,286
Interest Rate
4.12%
Mortgage Type
FHA
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
Berhe Degan $395,000 Wfg National Title Ins Co
Arcos Daniel $280,365 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berhe Degan $395,000
Previous Owner Arcos Daniel $275,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $395,000 +0.1% $175 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $394,800 -- $175 / 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 $1,907 $25,748 -- --
2024 $1,850 $24,522 -- --
2023 $1,850 $38,450 $7,690 $30,760
2022 $1,805 $30,200 $6,040 $24,160
2021 $1,955 $29,030 $5,800 $23,230
2020 $1,921 $27,210 $5,440 $21,770
2019 $1,781 $25,260 $5,050 $20,210
2018 $1,695 $24,430 $4,880 $19,550
2017 $1,642 $22,880 $4,570 $18,310
2016 $1,694 $22,130 $4,420 $17,710
2015 $501 $4,256 $4,256 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Felecia Rozansky

    Platinum Realty Group

  • M

    Seller Co-Listing Agent in 2020

    Michelle Anderson

    Platinum Realty Group

  • Mayra Petrone

    Buyer's Agent in 2020

    Mayra Petrone

    MCO Realty

    (480) 577-7935

    43 Total Sales

    Mayra Petrone
    Section Image
  • Susan Postle

    Buyer Co-Listing Agent in 2020

    Susan Postle

    Realty One Group

    (480) 203-6592

    22 Total Sales

    Susan Postle
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6041771

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-227

Arizona Maricopa County Mesa 85212 Morrison Ranch

7406 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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