NOT LISTED FOR SALE

117 E Palo Blanco Way Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $470,777 - $614,000

-- Bed
3 Baths
1,792 Sq Ft
$310/Sq Ft Est. Value

About This Home

This home is located at 117 E Palo Blanco Way, Gilbert, AZ 85296 and is currently estimated at $555,444, approximately $309 per square foot. 117 E Palo Blanco Way is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2021
Sold by
Lehman Karen L
Bought by
Lehman Ricky L and Lehman Karen L
Current Estimated Value
$555,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$236,743
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$318,701

Purchase Details

Closed on
Apr 4, 2003
Sold by
Lehman Ricky Lee
Bought by
Lehman Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
5.73%

Purchase Details

Closed on
Aug 5, 1998
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Roeder Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,100
Interest Rate
6.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Lehman Ricky L -- American Title Services
Lehman Karen L -- Arizona Title Agency Inc
Roeder Karen L $143,300 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehman Ricky L $300,000
Previous Owner Lehman Karen L $232,000
Previous Owner Lehman Ricky Lee $193,000
Previous Owner Lehman Karen L $100,000
Previous Owner Lehman Karen L $50,000
Previous Owner Lehman Karen L $131,200
Previous Owner Roeder Karen L $136,100
Source: Public Records

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 $1,625 $22,069 -- --
2024 $1,634 $21,018 -- --
2023 $1,634 $37,100 $7,420 $29,680
2022 $1,585 $28,120 $5,620 $22,500
2021 $1,673 $26,570 $5,310 $21,260
2020 $1,643 $24,560 $4,910 $19,650
2019 $1,517 $22,560 $4,510 $18,050
2018 $1,468 $20,950 $4,190 $16,760
2017 $1,421 $19,450 $3,890 $15,560
2016 $1,462 $18,800 $3,760 $15,040
2015 $1,339 $17,770 $3,550 $14,220
Source: Public Records

Map

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

117 E Palo Blanco Way, Gilbert, AZ

This home is located at 117 E Palo Blanco Way, Gilbert, AZ 85296 and is currently estimated at $555,444, approximately $309 per square foot. 117 E Palo Blanco Way is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

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.

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