NOT LISTED FOR SALE

2248 E Ridgewood Ln Gilbert, AZ 85298

South Chandler Neighborhood

Estimated Value: $624,071 - $688,000

4 Beds
3 Baths
2,264 Sq Ft
$290/Sq Ft Est. Value

About This Home

This home is located at 2248 E Ridgewood Ln, Gilbert, AZ 85298 and is currently estimated at $657,018, approximately $290 per square foot. 2248 E Ridgewood Ln is a home located in Maricopa County with nearby schools including John & Carol Carlson Elementary School, Willie & Coy Payne Jr. High School, and Rice Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Lennar Arizona Llc
Bought by
Pedda Narsa Reddy Kunta and Yelala Vijayalaxmi
Current Estimated Value
$657,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,392
Outstanding Balance
$453,439
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$203,579

Purchase Details

Closed on
Dec 15, 2021
Sold by
Ag Essential Housing Multi State 4 Llc
Bought by
Lennar Arizona Inc

Purchase Details

Closed on
Oct 28, 2021
Sold by
Lennar Arizona Inc
Bought by
Ag Essential Housing Multi State 4 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
Pedda Narsa Reddy Kunta $597,990 New Title Company Name
Lennar Arizona Inc $3,189,828 Lennar Title Inc
Ag Essential Housing Multi State 4 Llc $26,262,018 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedda Narsa Reddy Kunta $478,392
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 $3,004 $32,131 -- --
2024 $2,899 $30,601 -- --
2023 $2,899 $51,130 $10,220 $40,910
2022 $247 $11,400 $11,400 $0
2021 $247 $3,585 $3,585 $0
Source: Public Records

Map

Arizona Maricopa County Gilbert 85298 South Chandler

2248 E Ridgewood Ln, Gilbert, AZ

Not Listed for Sale

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