242 E Desert Ln Gilbert, AZ 85234
Northwest Gilbert NeighborhoodEstimated Value: $417,207 - $481,000
--
Bed
2
Baths
1,527
Sq Ft
$299/Sq Ft
Est. Value
About This Home
This home is located at 242 E Desert Ln, Gilbert, AZ 85234 and is currently estimated at $457,302, approximately $299 per square foot. 242 E Desert Ln is a home located in Maricopa County with nearby schools including Neely Traditional Academy, Burk Elementary School, and Mesquite Junior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 1, 2016
Sold by
Vardon Kenneth L
Bought by
Williams Bill and Williams Lisa A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Outstanding Balance
$169,639
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$287,663
Purchase Details
Closed on
Apr 9, 2001
Sold by
Gibson Ermyl E and Gibson Janet D
Bought by
Vardon Kenneth L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.98%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Bill | $215,000 | Driggs Title Agency Inc | |
| Vardon Kenneth L | $132,900 | Capital Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Bill | $211,105 | |
| Previous Owner | Vardon Kenneth L | $127,200 |
Source: Public Records
Tax History Compared to Growth
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 | $1,275 | $16,951 | -- | -- |
| 2024 | $1,236 | $16,144 | -- | -- |
| 2023 | $1,236 | $32,860 | $6,570 | $26,290 |
| 2022 | $1,198 | $24,920 | $4,980 | $19,940 |
| 2021 | $1,266 | $23,010 | $4,600 | $18,410 |
| 2020 | $1,246 | $21,510 | $4,300 | $17,210 |
| 2019 | $1,145 | $19,250 | $3,850 | $15,400 |
| 2018 | $1,110 | $17,850 | $3,570 | $14,280 |
| 2017 | $1,071 | $16,410 | $3,280 | $13,130 |
| 2016 | $1,108 | $15,700 | $3,140 | $12,560 |
| 2015 | $1,010 | $14,650 | $2,930 | $11,720 |
Source: Public Records
Map
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