NOT LISTED FOR SALE

Estimated Value: $501,000 - $560,000

4 Beds
3 Baths
2,230 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 1238 E Commerce Ave, Gilbert, AZ 85234 and is currently estimated at $538,132, approximately $241 per square foot. 1238 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
Jul 29, 2020
Sold by
Martinez Carrie L and Martinez Eddie A
Bought by
Martinez Eddie A and Martinez Carrie L
Current Estimated Value
$538,132

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
Outstanding Balance
$177,813
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$366,214

Purchase Details

Closed on
Dec 30, 2009
Sold by
Fannie Mae
Bought by
Cooper Carrie L and Martinez Eddie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2009
Sold by
Marshall Peggy A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 2, 2005
Sold by
Marshall William A
Bought by
Marshall Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 9, 1999
Sold by
Ward Robert J and Ward Jami J
Bought by
Marshall William A and Marshall Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
6.79%
Mortgage Type
VA
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
Martinez Eddie A -- Wfg Lender Services
Cooper Carrie L $165,000 Lawyers Title Of Arizona Inc
Federal National Mortgage Association $246,381 None Available
Marshall Peggy A -- None Available
Marshall William A $142,500 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Eddie A $200,000
Closed Cooper Carrie L $162,011
Previous Owner Marshall Peggy A $229,000
Previous Owner Marshall Peggy A $70,000
Previous Owner Marshall William A $145,650
Previous Owner Marshall William A $145,350
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 $1,744 $23,893 -- --
2024 $1,757 $22,756 -- --
2023 $1,757 $38,610 $7,720 $30,890
2022 $1,707 $28,830 $5,760 $23,070
2021 $1,803 $27,160 $5,430 $21,730
2020 $1,781 $25,250 $5,050 $20,200
2019 $1,637 $23,300 $4,660 $18,640
2018 $1,588 $21,870 $4,370 $17,500
2017 $1,533 $20,600 $4,120 $16,480
2016 $1,581 $20,100 $4,020 $16,080
2015 $1,447 $19,410 $3,880 $15,530
Source: Public Records

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