NOT LISTED FOR SALE

172 E Chelsea Ln Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $551,000 - $613,000

3 Beds
3 Baths
2,418 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $473,000 $196 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,289/month

About This Home

Located in the heart of Gilbert with perfect access to all your needs and wants is this fabulous, well maintained, Meritage Home Energy Star home. Quick access to the 202, just a few miles from the hip urban core of Downtown Gilbert as well as all the shopping and restaurants around San Tan Mall - it doesn't get any better than this. This home features 3 bed, with a large loft, den/office, 2.5 bath, great room, gourmet kitchen, privately owned propane tank for gas stove in the kitchen, stainless steel appliances 9+ ceilings throughout. The spacious master bedroom features a large walk-in master closet and double sinks in the bathroom. Cozy up in front of the electric fireplace while watching your favorite movies. Don't miss out, this house will go fast!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Mar 31, 2021
Sold by
Balasubramanian Shivasubramanian
Bought by
Simpson Christopher and Simpson Jennifer
Seller's Agent
Tanya Dawson
Realty ONE Group
Buyer's Agent
Lindsay Barnes
Fathom Realty Elite
List Price
$450,000
Sold Price
$473,000
Premium/Discount to List
$23,000
5.11%
Current Estimated Value
$582,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,954
Avg. Annual Appreciation
4.43%
Original Mortgage
$425,700
Outstanding Balance
$383,109
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$199,845

Purchase Details

Closed on
Jan 16, 2014
Sold by
Meritage Homes Of Arizona Inc
Bought by
Balasubramanian Shivasubramanian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,150
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2001
Sold by
Balakrishnan Prathakini
Bought by
Balasubramanian Shivasubramanian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,150
Interest Rate
4.45%
Mortgage Type
New Conventional
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Simpson Christopher $473,000 Magnus Title Agency Llc
Balasubramanian Shivasubramanian $323,942 Carefree Title Agency Inc
Balasubramanian Shivasubramanian -- Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Christopher $425,700
Previous Owner Balasubramanian Shivasubramanian $259,150
Previous Owner Balasubramanian Shivasubramanian $259,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2021 04/02/21 Sold $473,000 -0.4% $196 / Sq Ft View Prior Sale
03/08/2021 03/08/21 Price Changed $475,000 +5.6% $196 / Sq Ft
03/03/2021 03/03/21 For Sale $450,000 -- $186 / Sq Ft

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 $2,153 $28,244 -- --
2024 $2,086 $26,899 -- --
2023 $2,086 $42,700 $8,540 $34,160
2022 $2,022 $36,450 $7,290 $29,160
2021 $2,132 $34,320 $6,860 $27,460
2020 $2,485 $32,100 $6,420 $25,680
2019 $2,311 $30,280 $6,050 $24,230
2018 $2,246 $27,450 $5,490 $21,960
2017 $2,174 $25,720 $5,140 $20,580
2016 $2,222 $24,930 $4,980 $19,950
2015 $2,035 $22,230 $4,440 $17,790
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tanya Dawson

    Realty One Group

  • Lindsay Barnes

    Buyer's Agent in 2021

    Lindsay Barnes

    Fathom Realty Elite

    (480) 225-2717

    2 in this area

    44 Total Sales

    Lindsay Barnes
    Section Image
See All Agents

Map

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

172 E Chelsea Ln, Gilbert, AZ

Not Listed for Sale

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.

Nearby Homes