NOT LISTED FOR SALE

7423 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $610,000 - $671,000

5 Beds
3 Baths
2,912 Sq Ft
$219/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $470,000 $161 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,825/month

11 Days on Market

Highlights

  • Covered patio or porch
  • 2 Car Direct Access Garage
  • Double Pane Windows
  • Boulder Creek Elementary School Rated A-
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of November 2020

COME ALL to this Gorgeous Move-In Ready FIVE BEDROOM + LOFT HOME in PRIME CONDITION located in the Highly Sought-After Tree-Lined, Desert Place at Morrison Ranch. So Gently Lived-In, this 3 year old home feels brand-new AND with all the LANDSCAPING COMPLETED. Solidly Built by Lennar, it carries a 10 YEAR Builder Warranty. LOADED WITH AMENITIES INCLUDING: CONTEMPORARY LIGHTING, 9' FLAT CEILINGS both 1st and 2nd Stories, VINYL DUAL-PANE Windows, BLINDS Throughout, 3 Bedrooms have WALK-IN CLOSETS and a Large 5th Bedroom with a Full Bath on the Ground Floor. Custom finishes and High-Grade UPGRADES come together to make this a FIND in Mesa including: the 2ND Floor's Easy-Care Luxury VINYL Wood Plank Flooring, the 1st Floor's STAINED CONCRETE FLOORS, (No Carpet), Many RECESSED CAN LIGHTS, a STATELY WHITE SHAKER RAILING ON THE STAIRWELL, an immense UNDER STAIRWELL CLOSET and it's Wired for Surround Sound and the Internet. Enjoy the Sleek Kitchen Design: MAPLE CABINETRY w/42" Uppers, LARGE CHEF'S ISLAND & Breakfast Bar, GRANITE COUNTERTOPS, GAS RANGE, STAINLESS STEEL Frigidaire Gallery Appliances, and the REFRIGERATOR and Front-Loading WASHER & DRYER CONVEY. The Backyard boasts a Sun-Protecting PATIO COVER, PAVER Walkways, a FLAGSTONE PATIO SURFACE with a FIRE PIT shaded by a PERGOLA and BISTRO LIGHTS, CUSTOM CURBING & an Auto-Watering System. Its Great Location close to the 202 and US 60 Freeways San Tan & Superstition Malls, Community Green Belt with Sand Volleyball, Basketball, Playgrounds w/Ramadas means this PROPERTY WON'T LAST. Come Fall in Love with this lovely Property just waiting for its NEWEST OWNER

Last Agent to Sell the Property

Paula Bandura

Realty ONE Group License #SA544457000 Listed on: 10/17/2020

Co-Listed By

Brooke Zandt

Realty ONE Group License #SA570056000

Last Buyer's Agent

Usha Purushothaman

HomeSmart License #SA683829000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,107

Year Built

  • Built in 2017

Lot Details

  • 5,750 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 5 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
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 304-17-239

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Morrison Ranch 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

$2,107

Year Built

Built in 2017

Lot Details

0

HOA Fees

$91 per month

Parking

2

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
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2017
  • Tax Year: 2020
  • Directions: West on Guadalupe, South on Avoca, West on Olla
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: reog04
  • Co List Office Phone: 480-777-4500
  • Subdivision Name: DESERT PLACE AT MORRISON RANCH PHASE 1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 91.0
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2912.0
  • Stories: 2
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • 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
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association Name: Morrison Ranch
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 182.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Morrison Ranch
  • Association Fees:HOA Telephone4: 6024374777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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 #: 304-17-239
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 2107.0
  • Tax Book Number: 304.00
  • Tax Lot: 20
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 12, 2020
Sold by
Andre Benjamin and Eiche Kelsey
Bought by
Pillai Natarajan Sivathanu and Pillai Suresh Reshma
Seller's Agent
Paula Bandura
Realty ONE Group
Buyer's Agent
Usha Purushothaman
HomeSmart
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Total Days on Market
11
Current Estimated Value
$636,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,989
Avg. Annual Appreciation
6.88%
Original Mortgage
$446,500
Outstanding Balance
$401,828
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$232,606

Purchase Details

Closed on
Jan 23, 2017
Sold by
Lennar Arizona Inc
Bought by
Andre Benjamin and Eiche Kelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,952
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Pillai Natarajan Sivathanu $470,000 Great American Title Agency
Andre Benjamin $321,190 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pillai Natarajan Sivathanu $446,500
Previous Owner Andre Benjamin $256,952
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $470,000 -3.1% $161 / Sq Ft
10/17/2020 10/17/20 For Sale $485,000 -- $167 / 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 $2,010 $28,228 -- --
2024 $2,029 $26,884 -- --
2023 $2,029 $43,420 $8,680 $34,740
2022 $1,979 $34,210 $6,840 $27,370
2021 $2,144 $32,630 $6,520 $26,110
2020 $2,107 $30,870 $6,170 $24,700
2019 $1,952 $29,010 $5,800 $23,210
2018 $1,858 $6,075 $6,075 $0
2017 $498 $5,895 $5,895 $0
2016 $510 $4,725 $4,725 $0
2015 $501 $4,256 $4,256 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Paula Bandura

    Realty One Group

    (602) 228-0485

    1 in this area

    33 Total Sales

    Paula Bandura
    Section Image
  • Brooke Zandt

    Seller Co-Listing Agent in 2020

    Brooke Zandt

    Realty One Group

    (480) 620-8200

    1 in this area

    72 Total Sales

    Brooke Zandt
    Section Image
  • Usha Purushothaman

    Buyer's Agent in 2020

    Usha Purushothaman

    HomeSmart

    (480) 768-9333

    1 in this area

    31 Total Sales

    Usha Purushothaman
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6148217

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-239

Arizona Maricopa County Mesa 85212 Morrison Ranch

7423 E Olla Ave, Mesa, AZ

This home is located at 7423 E Olla Ave, Mesa, AZ 85212 since 17 October 2020 and is currently estimated at $636,989, approximately $218 per square foot. This property was built in 2017. 7423 E Olla Ave is a home located in Maricopa County with nearby schools including Boulder Creek Elementary School, Highland Jr High School, and Highland High School.

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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