NOT LISTED FOR SALE

1877 E Mineral Rd Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $615,000 - $671,000

3 Beds
2 Baths
2,274 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $500,000 $220 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,794/month

About This Home

As of August 2021

Gorgeous 3 bed, 2 bath home with dedicated office that can easily be converted to 4th bedroom. HEATED POOL with brand new pebble tec surface in the popular Sonoma Ranch! Offering an RV gate, mature landscape w/natural grass, and a 3 car garage w/extended driveway. Large great room, bright family room, vaulted ceilings, French doors to the back, two-tone paint t/out, and tons of natural light. Chef's kitchen boasts wood laminate floors, SS appliances, ample cabinetry & counter space, a walk-in pantry, and an island w/breakfast bar. Double-door main bedroom has a bay window and an ensuite with a separate tub/shower, dual sinks, & a walk-in closet. Enjoy the fantastic backyard featuring a spacious covered patio, pergola, shade trees, spa, & pool for entertaining! This home has it all!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 12, 2021
Sold by
Norman Michael
Bought by
Addiego Frank
Seller's Agent
Susan Phelan
Revinre
Buyer's Agent
Lauren Bailey
eXp Realty
List Price
$540,000
Sold Price
$500,000
Premium/Discount to List
-$40,000
-7.41%
Current Estimated Value
$644,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,744
Avg. Annual Appreciation
6.92%
Original Mortgage
$350,000
Outstanding Balance
$320,549
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$324,195

Purchase Details

Closed on
Apr 19, 2004
Sold by
Campany Michael E
Bought by
Norman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,950
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2004
Sold by
Norman Melissa
Bought by
Norman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,950
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1994
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Campany Michael E

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
8.1%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Addiego Frank $500,000 Premier Title Agency
Norman Michael $221,000 Equity Title Agency Inc
Norman Michael -- --
Campany Michael E $145,961 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addiego Frank $350,000
Closed Addiego Frank $350,000
Previous Owner Norman Michael $336,000
Previous Owner Norman Michael J $36,000
Previous Owner Norman Michael $100,400
Previous Owner Norman Michael $209,950
Previous Owner Norman Michael $209,950
Previous Owner Campany Michael E $145,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Rented $3,650 0.0% --
09/02/2022 09/02/22 For Rent $3,650 +5.8% --
02/22/2022 02/22/22 Rented $3,450 0.0% --
02/08/2022 02/08/22 For Rent $3,450 0.0% --
08/16/2021 08/16/21 Sold $500,000 -7.4% $220 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $540,000 -- $237 / Sq Ft

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 $2,092 $28,428 -- --
2024 $2,106 $27,074 -- --
2023 $2,106 $46,530 $9,300 $37,230
2022 $2,042 $35,610 $7,120 $28,490
2021 $2,156 $33,980 $6,790 $27,190
2020 $2,122 $31,910 $6,380 $25,530
2019 $1,951 $28,670 $5,730 $22,940
2018 $1,893 $26,600 $5,320 $21,280
2017 $1,829 $25,310 $5,060 $20,250
2016 $1,894 $24,350 $4,870 $19,480
2015 $1,726 $23,860 $4,770 $19,090
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Thomas Geninatti

    Realty Exchange

    (602) 595-7417

    11 Total Sales

    Thomas Geninatti
    Section Image
  • Susan Phelan

    Seller's Agent in 2021

    Susan Phelan

    Revinre

    (602) 574-2911

    3 in this area

    40 Total Sales

    Susan Phelan
    Section Image
  • Lauren Bailey

    Buyer's Agent in 2021

    Lauren Bailey

    eXp Realty

    (480) 734-6423

    2 in this area

    45 Total Sales

    Lauren Bailey
    Section Image
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Map

Arizona Maricopa County Gilbert 85234 Val Vista

1877 E Mineral Rd, Gilbert, AZ

This home is located at 1877 E Mineral Rd, Gilbert, AZ 85234 and is currently estimated at $644,744, approximately $283 per square foot. 1877 E Mineral Rd is a home located in Maricopa County with nearby schools including Sonoma Ranch Elementary School, Greenfield Junior High School, and Gilbert Arts Academy.

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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