NOT LISTED FOR SALE

2542 E Megan St Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $400,353 - $415,000

2 Beds
2.5 Baths
1,460 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $170,000 $116 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,332/month

14 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Eat-In Kitchen
  • Higley Traditional Academy Rated A
  • Covered Patio or Porch
  • Community Playground

About This Home

As of June 2014

This home is located at 2542 E Megan St, Gilbert, AZ 85295 since 16 April 2014 and is currently estimated at $408,088, approximately $279 per square foot. This property was built in 2006. 2542 E Megan St is a home located in Maricopa County with nearby schools including Higley Traditional Academy, Williams Field High School, and Cooley Middle School.

Last Agent to Sell the Property

Beth Rider

Keller Williams Arizona Realty License #SA117774000 Listed on: 04/16/2014

Keller Williams Arizona Realty

Last Buyer's Agent

Saeko Yamauchi

Century 21 Arizona Foothills License #SA541502000

Century 21 Arizona Foothills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 2006

Lot Details

  • 2,989 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Higley Traditional Academy Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 294
  • Assessor Parcel Number 313-13-294

Community Details

Overview

  • Association fees include ground maintenance
  • City Prop Mgmt Association, Phone Number (602) 437-4777
  • Built by WILLIAM LYON HOMES
  • Lyons Gate Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,061

Year Built

Built in 2006

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Cross Street: Ray & Higley
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 90.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: Lyons Gate
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 116.44
  • Association Fees:HOA Fee2: 90.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1460.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground, Biking/Walking Path
  • Association Fee: 90.0
  • Association Fee Frequency: Monthly
  • Association Name: LYON'S GATE
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: LYON'S GATE
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: CITY PROP MGMT
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2989.0
  • Parcel #: 313-13-294

Building Info

  • Builder Name: WILLIAM LYON HOMES

Tax Info

  • Tax Annual Amount: 1061.24
  • Tax Book Number: 313.00
  • Tax Lot: 294
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
May 29, 2014
Sold by
Byers Amanda
Bought by
Sugimoto Katsuyuki and Sugimoto Satomi
Seller's Agent
Beth Rider
Keller Williams Arizona Realty
Buyer's Agent
Saeko Yamauchi
Century 21 Arizona Foothills
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$408,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,088
Avg. Annual Appreciation
7.85%
Original Mortgage
$166,920
Outstanding Balance
$128,939
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$279,149

Purchase Details

Closed on
Nov 23, 2010
Sold by
Meyer Marcus J and Meyer Karrie
Bought by
Byers Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,236
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2010
Sold by
Conduit Llc
Bought by
Meyer Marcus J and Meyer Karrie

Purchase Details

Closed on
Apr 26, 2010
Sold by
Verville Matthew R
Bought by
Conduit Llc

Purchase Details

Closed on
Feb 7, 2007
Sold by
William Lyon Homes Inc
Bought by
William Lyon Southwest Inc and William Lyon Homes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sugimoto Katsuyuki $170,000 Security Title Agency
Byers Amanda $109,000 The Talon Group Tatum Garden
Meyer Marcus J -- Accommodation
Conduit Llc $103,500 None Available
William Lyon Southwest Inc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sugimoto Katsuyuki $166,920
Previous Owner Byers Amanda $106,236
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2014 06/06/14 Sold $170,000 -2.9% $116 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $175,000 -- $120 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,318 $17,647 -- --
2024 $1,413 $16,807 -- --
2023 $1,413 $29,250 $5,850 $23,400
2022 $1,351 $22,070 $4,410 $17,660
2021 $1,389 $19,980 $3,990 $15,990
2020 $1,415 $18,830 $3,760 $15,070
2019 $1,370 $16,920 $3,380 $13,540
2018 $1,320 $15,770 $3,150 $12,620
2017 $1,273 $14,200 $2,840 $11,360
2016 $1,296 $13,550 $2,710 $10,840
2015 $1,130 $12,680 $2,530 $10,150
Source: Public Records

Agents Affiliated with this Home

  • Beth Rider

    Seller's Agent in 2014

    Beth Rider

    Keller Williams Arizona Realty

    (602) 737-2414

    9 in this area

    1,553 Total Sales

    Beth Rider
    Section Image
  • Saeko Yamauchi

    Buyer's Agent in 2014

    Saeko Yamauchi

    Century 21 Arizona Foothills

    (480) 329-0124

    1 in this area

    16 Total Sales

    Saeko Yamauchi
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5101540

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-13-294

Arizona Maricopa County Gilbert 85295 Lyon's Gate

2542 E Megan St, Gilbert, AZ

Not Listed for Sale

Detached

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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