NOT LISTED FOR SALE

2241 E Melrose St Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $707,000 - $1,002,000

Studio
2 Baths
2,248 Sq Ft
$386/Sq Ft Est. Value

About This Home

This home is located at 2241 E Melrose St, Gilbert, AZ 85297 and is currently estimated at $867,869, approximately $386 per square foot. 2241 E Melrose St is a home located in Maricopa County with nearby schools including Quartz Hill Elementary School, Campo Verde High School, and South Valley Jr. High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Bought by
Current Estimated Value
$867,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$524,332
Interest Rate
4.42%
Mortgage Type
VA
Estimated Equity
$343,537

Purchase Details

Closed on
Aug 30, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 2015
Sold by
Bought by

Purchase Details

Closed on
May 11, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.07%
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.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 Security Title
-- None Available
-- None Available
$215,000 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $560,000
Previous Owner $165,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,903 $35,652 -- --
2024 $2,821 $33,954 -- --
2023 $2,821 $63,450 $12,690 $50,760
2022 $2,749 $46,430 $9,280 $37,150
2021 $2,858 $40,250 $8,050 $32,200
2020 $2,811 $38,760 $7,750 $31,010
2019 $2,603 $36,200 $7,240 $28,960
2018 $2,509 $34,600 $6,920 $27,680
2017 $2,429 $32,620 $6,520 $26,100
2016 $2,503 $31,430 $6,280 $25,150
2015 $2,260 $26,070 $5,210 $20,860
Source: Public Records

Map

Arizona Maricopa County Gilbert 85297 South Gilbert

2241 E Melrose St, Gilbert, AZ

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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