NOT LISTED FOR SALE

7508 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $587,000 - $617,000

5 Beds
3 Baths
2,630 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $560,000 $213 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,468/month

51 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom
  • Boulder Creek Elementary School Rated A-
  • Double Pane Windows
  • Community Playground

About This Home

As of March 2023

Spacious and accommodating, this two-story home features an open-concept main floor and four charming bedrooms upstairs. Just off the entryway, you'll find a fifth bedroom and a bathroom. Toward the back of the home, a great room flows into an inviting kitchen with a center island and adjacent dining room. Upstairs, a loft offers a versatile common area, and a sprawling owner's suite includes an attached bath and walk-in closet.

Features:
Covered back porch/patio
42'' upper cabinets
Quartz kitchen countertops
Quartz bathroom countertops

Last Agent to Sell the Property

Robert Bitteker

PCD Realty, LLC License #BR539656000 Listed on: 01/10/2023

Last Buyer's Agent

Shannon Cox

West USA Realty License #SA637326000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $148

Year Built

  • Built in 2023

Lot Details

  • 5,750 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Highland Elementary Middle School
  • Desert Ridge High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 304-17-939

Community Details

Overview

  • Association fees include ground maintenance
  • Renaissance Com. Par Association, Phone Number (480) 813-6788
  • Built by RICHMOND AMERICAN HOMES
  • Desert Place At Morrison Ranch Phase 4 Subdivision, Moonstone Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$148

Year Built

Built in 2023

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Cross Street: Sossaman & Guadalupe
  • 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
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2023
  • Tax Year: 2022
  • Master Model: Moonstone
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: DESERT PLACE AT MORRISON RANCH PHASE 4
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 91.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry
  • Living Area: 2630.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Gas Stub for Range: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Synthetic Grass Frnt, Synthetic Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • 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
  • Exterior Features:GazeboRamada: 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: 91.0
  • Association Fee Frequency: Monthly
  • Association Name: Morrison Ranch HOA
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Morrison Ranch HOA
  • Association Fees:HOA Telephone4: 480-813-6788
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Renaissance Com. Par

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • High School: Desert Ridge High
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5750.0
  • Parcel #: 304-17-939

Building Info

  • Builder Name: RICHMOND AMERICAN HOMES

Tax Info

  • Tax Annual Amount: 148.0
  • Tax Book Number: 304.00
  • Tax Lot: 5
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Mar 29, 2023
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Lieu Brandon E and Lieu Caylin
Seller's Agent
Robert Bitteker
PCD Realty, LLC
Buyer's Agent
Shannon Cox
West USA Realty
List Price
$694,995
Sold Price
$560,000
Premium/Discount to List
-$134,995
-19.42%
Views
73
Current Estimated Value
$603,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,577
Avg. Annual Appreciation
3.04%
Original Mortgage
$448,000
Outstanding Balance
$435,383
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$168,194
Source: Public Records

Range of Values:

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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
Lieu Brandon E $560,000 Fidelity National Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lieu Brandon E $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $560,000 -6.7% $213 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $599,995 -14.9% $228 / Sq Ft
01/18/2023 01/18/23 Price Changed $704,995 +2.2% $268 / Sq Ft
01/13/2023 01/13/23 Price Changed $689,995 -0.7% $262 / Sq Ft
01/10/2023 01/10/23 For Sale $694,995 -- $264 / 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 $2,277 $31,974 -- --
2024 $2,298 $30,452 -- --
2023 $2,298 $50,880 $10,170 $40,710
2022 $148 $2,730 $2,730 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robert Bitteker

    PCD Realty, LLC

    (480) 391-6000

    17 in this area

    2,450 Total Sales

    Robert Bitteker
    Section Image
  • Shannon Cox

    Buyer's Agent in 2023

    Shannon Cox

    West USA Realty

    (480) 225-4882

    1 in this area

    44 Total Sales

    Shannon Cox
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6506317

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-939

Arizona Maricopa County Mesa 85212 Morrison Ranch

7508 E Olla Ave, Mesa, AZ

This home is located at 7508 E Olla Ave, Mesa, AZ 85212 since 10 January 2023 and is currently estimated at $603,577, approximately $229 per square foot. This property was built in 2023. 7508 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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