NOT LISTED FOR SALE

7514 E Olla Ave Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $536,573

4 Beds
2 Baths
1,830 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $490,000 $268 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,083/month

15 Days on Market

Highlights

  • Covered Patio or Porch
  • 2 Car Direct Access Garage
  • Double Pane Windows
  • Highland Jr High School Rated A-
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of December 2022

Everything's just where you need it in this charming ranch-style floor plan. As you enter, you'll find an elegant study just off the entryway. Beyond the entry, an inviting kitchen with a walk-in pantry and generous eat-in island flows into a charming dining room—and beyond that, the great room. From the great room, you'll enjoy a stylish sliding-glass door that provide access to a relaxing covered patio. This floor plan also includes four bedrooms, with a study. Completing the floor plan, a beautiful owner's suite boasts two walk-in closets! This home will be ready December 2022!

Last Agent to Sell the Property

Robert Bitteker

PCD Realty, LLC License #BR539656000 Listed on: 11/06/2022

Last Buyer's Agent

Liem Tran

HomeSmart License #SA510333000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $148

Year Built

  • Built in 2022 | Under Construction

Lot Details

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

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gilbert Elementary School
  • Boulder Creek Elementary - Mesa Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 304-17-940

Community Details

Overview

  • Association fees include ground maintenance
  • Morrison Ranch HOA, Phone Number (480) 921-7500
  • Built by Richmond American Homes
  • Desert Place At Morrison Ranch Phase 4 Subdivision, Sunstone Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$148

Year Built

Built in 2022 | Under Construction

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 Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2022
  • Tax Year: 2022
  • Master Model: Sunstone
  • Property Sub Type: Single Family - Detached
  • 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
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 267.76
  • Association Fees:HOA Fee2: 91.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Double Vanity
  • Living Area: 1830.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association Name: Morrison Ranch HOA
  • Phone: 480-921-7500
  • 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:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Boulder Creek Elementary - Mesa

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5750.0
  • Parcel #: 304-17-940
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Richmond American Homes

Tax Info

  • Tax Annual Amount: 148.0
  • Tax Book Number: 304.00
  • Tax Lot: 6
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2022
Closed on
Dec 22, 2022
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Lee Tommy and Cashen Mackenzie Erin
Seller's Agent
Robert Bitteker
PCD Realty, LLC
Buyer's Agent
Liem Tran
HomeSmart
List Price
$499,995
Sold Price
$490,000
Premium/Discount to List
-$9,995
-2%
Views
25
Current Estimated Value
$536,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,573
Avg. Annual Appreciation
3.12%
Original Mortgage
$440,000
Outstanding Balance
$427,108
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$109,465
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Tommy $490,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Tommy $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $490,000 -2.0% $268 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $499,995 -- $273 / 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 $2,158 $29,142 -- --
2024 $151 $27,754 -- --
2023 $151 $10,245 $10,245 $0
2022 $148 $2,730 $2,730 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Robert Bitteker

    PCD Realty, LLC

    (480) 391-6000

    17 in this area

    2,625 Total Sales

    Robert Bitteker
    Section Image
  • Liem Tran

    Buyer's Agent in 2022

    Liem Tran

    HomeSmart

    (602) 295-4341

    1 in this area

    117 Total Sales

    Liem Tran
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6486330

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-940

Arizona Maricopa County Mesa 85212 Morrison Ranch

7514 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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