NOT LISTED FOR SALE

765 E Morgan Dr Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $806,000 - $983,296

4 Beds
2 Baths
2,444 Sq Ft
$365/Sq Ft Est. Value

Last Sold February 21, 2018

Last sale price $470,000 $192 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,824/month

15 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • Vaulted Ceiling
  • Ashland Elementary School Rated A
  • 1.49 Acre Lot
  • 1 Fireplace

About This Home

As of February 2018

**HGTV ''MAGNOLIA-STYLE'' SPECIAL**Rare opportunity to purchase prime country living acreage in the heart Gilbert!Horse property with garage, carport, 2 workshops w/electric (1 for equipment and 1 for anything else), storage room AND GUEST HOME*Home square footage is 2444 sq. ft. and guest home is 452 sq. ft.; home offers spacious open floor plan with dining room, eat-in kitchen, great room, 3 bedrooms plus large office or play room or 4th bedroom with no closet*Irrigated property surrounded by stylish-white vinyl fence*Adorable home has a historic feel in ''HOT'' Gilbert location; with shopping, schools, theaters and freeways within minutes*NO HOA*One Guard Home Warranty Included!!This property won't last long*

Last Agent to Sell the Property

Joanna Olcott

DPR Realty LLC License #BR514924000 Listed on: 12/06/2017

DPR Realty LLC

Last Buyer's Agent

Sommer Decker

RE/MAX Fine Properties License #BR632085000

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1957

Lot Details

  • 1.49 Acre Lot
  • Wrought Iron Fence
  • Corner Lot
  • Backyard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 2,444 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Ashland Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by farmhouse custom
  • Palomino Acres Lot 12 95 38 Subdivision, Farm Style Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 9
  • Assessor Parcel Number 304-43-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,596

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Lindsay Rd./Williams Field Rd.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1957
  • Tax Year: 2017
  • Master Model: farm-style
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.49
  • Subdivision Name: PALOMINO ACRES LOT 12 95-38
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • General Property Description:PriceSqFt: 192.31
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile, Concrete
  • Basement YN: No
  • Possible Use: Ranch/Farm
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 2444.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: See Remarks, Other, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Corner Lot, Gravel/Stone Front, Grass Back, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Slump Block
  • Other Structures: Guest House
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Detached, RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Parking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Ashland Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 65100.0
  • Parcel #: 304-43-025
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: farmhouse custom

Tax Info

  • Tax Annual Amount: 1596.0
  • Tax Book Number: 304.00
  • Tax Lot: 9
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Feb 14, 2018
Sold by
Clover Bryant J and Clover Emily L
Bought by
Zvirgzdins Adrian and Zvirgzdins Heather
Seller's Agent
Joanna Olcott
DPR Realty LLC
Buyer's Agent
Sommer Decker
RE/MAX Fine Properties
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Current Estimated Value
$893,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,074
Avg. Annual Appreciation
8.50%
Original Mortgage
$399,500
Outstanding Balance
$338,340
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$554,734

Purchase Details

Listed on
Sep 24, 2015
Closed on
Jan 9, 2017
Sold by
Critchley Matthew and Critchley Katie M
Bought by
Clover Bryant J and Clover Emily L
Seller's Agent
Katie Critchley
Pivotal Real Estate Solutions, LLC
Buyer's Agent
Joanna Olcott
DPR Realty LLC
List Price
$405,000
Sold Price
$399,000
Premium/Discount to List
-$6,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.05%
Original Mortgage
$339,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2013
Sold by
Venable Sharon L
Bought by
Critchley Matthew and Critchley Katie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2011
Sold by
Venable Sharon Lee
Bought by
Venable Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2004
Sold by
Graham Edwin G and Graham Mabel M
Bought by
Venable Sharon Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 23, 1997
Sold by
Johnson Robert V and Johnson Deborah L
Bought by
Graham Edwin G and Graham Mabel M
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
Zvirgzdins Adrian $470,000 Title Alliance Of Arizona Ll
Clover Bryant J $399,000 Stewart Title Arizona Agency
Critchley Matthew $290,000 Old Republic Title Agency
Venable Sharon L -- Northwest Title Agency Inc
Venable Sharon Lee $200,000 --
Graham Edwin G $190,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zvirgzdins Adrian $399,500
Previous Owner Clover Bryant J $339,000
Previous Owner Critchley Matthew $217,500
Previous Owner Venable Sharon L $148,800
Previous Owner Venable Sharon Lee $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2018 02/21/18 Sold $470,000 -3.1% $192 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/20/2017 12/20/17 Price Changed $485,000 -3.0% $198 / Sq Ft
12/06/2017 12/06/17 For Sale $500,000 +25.3% $205 / Sq Ft
01/17/2017 01/17/17 Sold $399,000 0.0% $189 / Sq Ft View Prior Sale
06/16/2016 06/16/16 Off Market $399,000 -- --
04/26/2016 04/26/16 Pending -- -- --
03/15/2016 03/15/16 Price Changed $399,000 -1.5% $189 / Sq Ft
01/02/2016 01/02/16 For Sale $405,000 +1.5% $192 / Sq Ft
01/01/2016 01/01/16 Off Market $399,000 -- --
09/24/2015 09/24/15 For Sale $405,000 -- $192 / 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 $1,898 $25,248 -- --
2024 $1,840 $24,046 -- --
2023 $1,840 $61,620 $12,320 $49,300
2022 $1,785 $38,720 $7,740 $30,980
2021 $1,885 $37,270 $7,450 $29,820
2020 $1,856 $36,530 $7,300 $29,230
2019 $1,706 $34,210 $6,840 $27,370
2018 $1,654 $27,870 $5,570 $22,300
2017 $1,596 $26,270 $5,250 $21,020
2016 $1,651 $26,200 $5,240 $20,960
2015 $1,504 $25,160 $5,030 $20,130
Source: Public Records

Agents Affiliated with this Home

  • Joanna Olcott

    Seller's Agent in 2018

    Joanna Olcott

    DPR Realty

    (480) 330-1088

    35 Total Sales

    Joanna Olcott
    Section Image
  • Sommer Decker

    Buyer's Agent in 2018

    Sommer Decker

    RE/MAX

    (602) 448-0324

    38 Total Sales

    Sommer Decker
    Section Image

  • K

    Seller's Agent in 2017

    Katie Critchley

    Pivotal Real Estate Solutions, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5696094

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-025

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

765 E Morgan Dr, Gilbert, 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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