NOT LISTED FOR SALE

1516 E Rakestraw Ln Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $732,340 - $859,000

-- Bed
-- Bath
2,796 Sq Ft
$285/Sq Ft Est. Value

About This Home

This home is located at 1516 E Rakestraw Ln, Gilbert, AZ 85298 and is currently estimated at $797,085, approximately $285 per square foot. 1516 E Rakestraw Ln is a home with nearby schools including Weinberg Gifted Academy, Willie & Coy Payne Jr. High School, and Ball Charter Schools (Val Vista).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Tri Pointe Homes Arizona 91 Llc
Bought by
Shenoy Mangalore Rakesh and Desai Snehal Surendra
Current Estimated Value
$797,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,548
Outstanding Balance
$531,923
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$265,162

Purchase Details

Closed on
Aug 26, 2022
Sold by
Waterston North-Gilbert Lp
Bought by
Tri Pointe Homes Arizona 91 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Shenoy Mangalore Rakesh $683,185 None Listed On Document
Tri Pointe Homes Arizona 91 Llc $16,815,686 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shenoy Mangalore Rakesh $546,548
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 $2,251 $28,914 -- --
2024 $266 $27,538 -- --
2023 $266 $12,360 $12,360 $0
2022 $258 $4,185 $4,185 $0
Source: Public Records

Map

Arizona Maricopa County Gilbert 85298 South Gilbert

1516 E Rakestraw Ln, Gilbert, AZ

Not Listed for Sale

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