tomo logo

$3,500,000

Beds
7
Baths
6.5
sq ft
6,241

2911 E Morrison Ranch Pkwy, Gilbert, AZ 85296

2911 E Morrison Ranch Pkwy

Gilbert, AZ 85296

  • 16 days on market
The most desired property in Morrison Ranch, offering unrivaled luxury and exceptional design on a 1-acre lot, with casita, separate side-entrance detached garage with electronic gate, tennis court, and so much more! Totally remodeled and custom-designed 6,241 sq. ft. estate features two primary suites, four secondary bedrooms with en-suite bathrooms, a massive game room and a separate casita perfect for a gym, office, or multi-family living. The chef's kitchen, with custom beams, is ideal for entertaining. This home can park 12 cars with additional RV and boat parking options. With landscaped grounds, a heated pool, spa, private tennis court, and luxurious custom details like electric blinds, this home is truly one-of-a-kind.

Details

Property type

Single Family Residence

Est. home value

$1,406,575

Lot size

0.81 acres

Price per sq ft

$561

Year built

2005

Annual property taxes

$6,106

Monthly HOA fee

$133

Price History

12/07/2024
ArizonaRegional

ArizonaRegional #6792007

Listed
$3,500,000
-10.26%
12/05/2024
ArizonaRegional

ArizonaRegional #6776870

Removed
$3,900,000
10/28/2024
ArizonaRegional

ArizonaRegional #6776870

Listed
$3,900,000
+437.93%

Schools & Community

Neighborhood: 

Higley Estates

Elementary school: 

Greenfield Elementary School

Middle school: 

Greenfield Junior High School

High school: 

Highland High School

Community features: 

Tennis Court(s), Playground

High school district: 

Gilbert Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Alan Flaumenhaft Etux

Loan start date

February 2023

Original loan amount

$1,093,641

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Commercial

Seller

Mark Fabiano

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

ArizonaRegional
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1187 S Val Vista Dr, Gilbert, AZ 85296

Status: Active

Tomo last checked: 12/23/2024 at 3:35 AM

Listing updated: 12/06/2024 at 7:45 PM

Listed by: Katie S Zaharis, Hub Realty Phone #: (480) 275-2053

MLS: ArizonaRegional #6792007

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