NOT LISTED FOR SALE

122 S Nevada Way Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $931,856 - $1,221,000

5 Beds
4 Baths
4,297 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 122 S Nevada Way, Gilbert, AZ 85233 and is currently estimated at $1,078,464, approximately $250 per square foot. 122 S Nevada Way is a home located in Maricopa County with nearby schools including Islands Elementary School, Mesquite High School, and Mesquite Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2010
Sold by
Merkow Erik F
Bought by
Bermudez Robert E and Bermudez Rebecca V
Current Estimated Value
$1,078,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Merkow Dawn R
Bought by
Merkow Erik F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
5.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2002
Sold by
Camelot Homes Inc
Bought by
Merkow Erik F and Merkow Dawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
5.75%
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Bermudez Robert E $420,000 Lawyers Title Of Arizona Inc
Merkow Erik F -- Fidelity National Title
Merkow Erik F $380,641 First American Title
Camelot Homes Inc -- First American Title
Mark Hancock Development Corp -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermudez Robert E $95,000
Open Bermudez Rebecca V $265,000
Closed Bermudez Robert E $324,000
Closed Bermudez Robert E $336,000
Previous Owner Merkow Erik F $100,000
Previous Owner Merkow Erik F $20,000
Previous Owner Merkow Dawn R $10,000
Previous Owner Merkow Erik F $468,750
Previous Owner Merkow Erik F $400,000
Previous Owner Merkow Erik F $269,500
Closed Merkow Erik F $100,398
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 $4,845 $61,898 -- --
2024 $4,866 $58,951 -- --
2023 $4,866 $69,160 $13,830 $55,330
2022 $4,715 $53,470 $10,690 $42,780
2021 $4,900 $51,250 $10,250 $41,000
2020 $4,819 $48,700 $9,740 $38,960
2019 $4,433 $47,080 $9,410 $37,670
2018 $4,298 $46,160 $9,230 $36,930
2017 $4,138 $44,780 $8,950 $35,830
2016 $4,239 $44,710 $8,940 $35,770
2015 $3,831 $43,350 $8,670 $34,680
Source: Public Records

Map

Arizona Maricopa County Gilbert 85233 The Islands

122 S Nevada Way, Gilbert, AZ

This home is located at 122 S Nevada Way, Gilbert, AZ 85233 and is currently estimated at $1,078,464, approximately $250 per square foot. 122 S Nevada Way is a home located in Maricopa County with nearby schools including Islands Elementary School, Mesquite High School, and Mesquite Junior 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.

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