NOT LISTED FOR SALE

2311 E Melrose St Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $1,267,000 - $1,685,000

4 Beds
3 Baths
4,662 Sq Ft
$317/Sq Ft Est. Value

About This Home

This home is located at 2311 E Melrose St, Gilbert, AZ 85297 and is currently estimated at $1,477,292, approximately $316 per square foot. 2311 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

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Homewood Russell J
Bought by
Rk Homewood Trust
Current Estimated Value
$1,477,292

Purchase Details

Closed on
Jan 17, 2014
Sold by
Homewood Kim
Bought by
Homewood Russell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,300
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2012
Sold by
Homewood Kim
Bought by
Homewood Russell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2009
Sold by
Weeks Corrie M
Bought by
Weeks Josh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
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
Rk Homewood Trust -- None Listed On Document
Homewood Russell J -- Grand Canyon Title Agency In
Homewood Russell J -- Driggs Title Agency Inc
Homewood Russell J $420,000 Driggs Title Agency Inc
Weeks Josh -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Homewood Russell J $391,300
Previous Owner Homewood Russell J $399,000
Previous Owner Weeks Josh $50,000
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 $4,608 $54,786 -- --
2024 $4,449 $52,177 -- --
2023 $4,449 $88,320 $17,660 $70,660
2022 $4,327 $63,930 $12,780 $51,150
2021 $4,454 $56,300 $11,260 $45,040
2020 $4,377 $55,500 $11,100 $44,400
2019 $4,044 $51,850 $10,370 $41,480
2018 $3,899 $50,100 $10,020 $40,080
2017 $3,761 $49,500 $9,900 $39,600
2016 $3,863 $48,520 $9,700 $38,820
2015 $3,441 $40,320 $8,060 $32,260
Source: Public Records

Map

Arizona Maricopa County Gilbert 85297 South Gilbert

2311 E Melrose St, Gilbert, AZ

Not Listed for Sale

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