NOT LISTED FOR SALE

Estimated Value: $464,583 - $497,000

-- Bed
3 Baths
1,738 Sq Ft
$277/Sq Ft Est. Value

About This Home

This home is located at 1541 E Commerce Ave, Gilbert, AZ 85234 and is currently estimated at $481,646, approximately $277 per square foot. 1541 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
Aug 27, 2001
Sold by
Simpson Gary W and Simpson Tracey D
Bought by
Pitman James A
Current Estimated Value
$481,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,637
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 1997
Sold by
Haggard J Michael and Haggard Lisa J
Bought by
Simpson Garry W and Simpson Tracey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1995
Sold by
Hodges Clinton W and Hodges Laurel K
Bought by
Haggard J Michael and Haggard Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,350
Interest Rate
8.46%
Mortgage Type
New Conventional

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
Pitman James A $150,000 Security Title Agency
Simpson Garry W $116,000 Chicago Title Insurance Co
Haggard J Michael $113,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitman James A $70,000
Closed Pitman James A $50,000
Closed Pitman James A $104,300
Closed Pitman James A $125,000
Closed Pitman James A $35,000
Open Pitman James A $200,000
Closed Pitman James A $144,637
Previous Owner Simpson Garry W $104,400
Previous Owner Haggard J Michael $107,350
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 $1,482 $20,375 -- --
2024 $1,494 $19,405 -- --
2023 $1,494 $36,670 $7,330 $29,340
2022 $1,450 $27,700 $5,540 $22,160
2021 $1,532 $25,860 $5,170 $20,690
2020 $1,511 $23,900 $4,780 $19,120
2019 $1,389 $21,770 $4,350 $17,420
2018 $1,348 $20,150 $4,030 $16,120
2017 $1,301 $18,670 $3,730 $14,940
2016 $1,347 $18,010 $3,600 $14,410
2015 $1,227 $16,910 $3,380 $13,530
Source: Public Records

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