NOT LISTED FOR SALE

7423 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $615,000 - $656,000

5 Beds
3 Baths
2,912 Sq Ft
$221/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2020

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

Est. 37% increase in value since last sale

Current estimated payment $3,721 / mo

11 Days on Market

Highlights

  • Loft
  • Great Room
  • Walk-In Pantry
  • Highland Jr High School Rated A-
  • Covered Patio or Porch
  • Formal Dining Room

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
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

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
  • Great Room
  • Formal Dining Room
  • Loft
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Covered Patio or Porch

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

5,750 Sq Ft Lot

HOA Fees

$91 per month

Parking

2

Listing Details

  • Cross Street: Guadalupe Rd & Sossaman Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 91.0
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Separate Den Office Sep Den Office: N
  • Year Built: 2017
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • 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
  • General Property Description:PriceSqFt: 161.4
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air
  • Other Rooms:Other Rooms: Great Room, Loft
  • Technology:Technology: High Speed Internet, Ntwrk Wrng One Room, Security System Owned
  • Plumbing:Plumbing: Gas Hot Water Heater
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Concrete
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Cooktop, Microwave, Gas Oven, Gas Range, Washer, Dryer
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Breakfast Bar, Pantry, Kitchen Island, Walk-in Pantry, Non-laminate Counter, High Speed Internet, 9+ Flat Ceilings
  • Living Area: 2912.0
  • Stories: 2
  • Window Features: Dual Pane
  • Additional Bedroom:Additional Bedroom: Other Bedroom Split, Other Bedroom Downstairs, Master Bedroom Walk-in Closet, Other Bedroom Walk-in Closet
  • Dining Area:Dining Area: Formal, Eat-in Kitchen, Dining in LR/GR, Breakfast Bar
  • Interior Features:Interior Features: 9+ Flat Ceilings
  • Kitchen Features:Kitchen Features: Dishwasher, Disposal, Refrigerator, Pantry, Kitchen Island, Gas Cooktop, Built-in Microwave, Walk-in Pantry, Non-laminate Counter, Gas Oven, Gas Range
  • Laundry:Laundry: Washer Included, Dryer Included, Inside
  • Master Bathroom:Master Bathroom: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Private Toilet Room
  • Master Bedroom:Master Bedroom: Split
  • Window Features:Window Features: Dual Pane

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exposure, Desert Front, Sprinklers In Front, Sprinklers In Rear, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: SRP, SW Gas

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association Name: Morrison Ranch
  • Phone: 6024374777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 182.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %

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

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 2107.0
  • Tax Lot: 20

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 12, 2020
Sold by
Bought by
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%
Current Estimated Value
$643,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,634
Avg. Annual Appreciation
5.79%
Original Mortgage
$446,500
Outstanding Balance
$389,077
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$254,557

Purchase Details

Closed on
Jan 23, 2017
Sold by
Bought by

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$470,000 Great American Title
$321,190 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $446,500
Previous Owner $256,952
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,091 $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

    25 Total Sales

    Paula Bandura
    Section Image
  • Brooke Zandt

    Seller Co-Listing Agent in 2020

    Brooke Zandt

    Realty One Group

    (480) 620-8200

    63 Total Sales

    Brooke Zandt
    Section Image
  • Usha Purushothaman

    Buyer's Agent in 2020

    Usha Purushothaman

    HomeSmart

    (480) 768-9333

    20 Total Sales

    Usha Purushothaman
    Section Image
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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

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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