NOT LISTED FOR SALE

1503 E Mead Dr Gilbert, AZ 85298

South Chandler Neighborhood

Estimated Value: $752,000 - $1,342,000

-- Bed
-- Bath
3,998 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 1503 E Mead Dr, Gilbert, AZ 85298 and is currently estimated at $1,123,649, approximately $281 per square foot. 1503 E Mead Dr is a home with nearby schools including Willie & Coy Payne Jr. High School, Ball Charter Schools (Val Vista), and Rice Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Tri Pointe Homes Arizona 91 Llc
Bought by
Garlapati Ravindar R and Yannam Malathi R
Current Estimated Value
$1,123,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$494,806
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$628,843

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
Garlapati Ravindar R $741,691 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garlapati Ravindar R $548,250
Closed Garlapati Ravindar R $548,250
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 $4,309 $53,292 -- --
2024 $4,213 $50,754 -- --
2023 $4,213 $76,800 $15,360 $61,440
2022 $4,064 $68,710 $13,740 $54,970
2021 $419 $15,240 $15,240 $0
2020 $415 $5,730 $5,730 $0
Source: Public Records

Map

Arizona Maricopa County Gilbert 85298 South Chandler

1503 E Mead Dr, Gilbert, AZ

Homes for Sale in Gilbert, AZ

This home is located at 1503 E Mead Dr, Gilbert, AZ 85298 and is currently estimated at $1,123,649, approximately $281 per square foot. 1503 E Mead Dr is a home with nearby schools including Willie & Coy Payne Jr. High School, Ball Charter Schools (Val Vista), and Rice Elementary 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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