1237 E Commerce Ave Gilbert, AZ 85234
Val Vista NeighborhoodEstimated Value: $495,000 - $513,000
3
Beds
2
Baths
1,896
Sq Ft
$265/Sq Ft
Est. Value
About This Home
This home is located at 1237 E Commerce Ave, Gilbert, AZ 85234 and is currently estimated at $502,963, approximately $265 per square foot. 1237 E Commerce Ave is a home located in Maricopa County with nearby schools including Patterson Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 1, 2003
Sold by
Posilippo Allen J and Posilippo Ann M
Bought by
Leon Manuel and Pena Altagracia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Outstanding Balance
$65,870
Interest Rate
5.61%
Mortgage Type
New Conventional
Estimated Equity
$437,093
Purchase Details
Closed on
Jun 6, 2000
Sold by
Morrow Douglas R G and Morrow Cynthia D
Bought by
Posilippo Allen J and Posilippo Ann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,925
Interest Rate
8.27%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leon Manuel | $157,900 | Transnation Title Insurance | |
| Posilippo Allen J | $139,900 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leon Manuel | $152,250 | |
| Previous Owner | Posilippo Allen J | $104,925 | |
| Closed | Posilippo Allen J | $27,980 |
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 | $1,976 | $21,843 | -- | -- |
| 2024 | $1,934 | $20,803 | -- | -- |
| 2023 | $1,934 | $36,220 | $7,240 | $28,980 |
| 2022 | $1,884 | $27,070 | $5,410 | $21,660 |
| 2021 | $1,949 | $25,430 | $5,080 | $20,350 |
| 2020 | $1,925 | $23,620 | $4,720 | $18,900 |
| 2019 | $1,788 | $21,680 | $4,330 | $17,350 |
| 2018 | $1,740 | $20,150 | $4,030 | $16,120 |
| 2017 | $1,684 | $18,850 | $3,770 | $15,080 |
| 2016 | $1,721 | $18,300 | $3,660 | $14,640 |
| 2015 | $1,323 | $17,680 | $3,530 | $14,150 |
Source: Public Records
Map
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