NOT LISTED FOR SALE

2553 E Ridgewood Ln Gilbert, AZ 85298

South Chandler Neighborhood

Estimated Value: $1,216,000 - $1,398,835

5 Beds
4 Baths
3,295 Sq Ft
$396/Sq Ft Est. Value

About This Home

This home is located at 2553 E Ridgewood Ln, Gilbert, AZ 85298 and is currently estimated at $1,304,209, approximately $395 per square foot. 2553 E Ridgewood Ln is a home located in Maricopa County with nearby schools including Charlotte Patterson Elementary School, Willie & Coy Payne Jr. High School, and Rice Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2016
Sold by
Child Brian Spencer and Child Jan Carol
Bought by
Child Brian S and Child Jan C
Current Estimated Value
$1,304,209

Purchase Details

Closed on
Nov 17, 2011
Sold by
Brown William and Osborne Lee Anne
Bought by
Child Brian Spencer and Chld Jan Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2011
Sold by
Lim Kong
Bought by
Strategic Leverage Arizona Llc

Purchase Details

Closed on
Aug 27, 2010
Sold by
Baylis Carlinda L and Broadus Carrie Bee
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 23, 2005
Sold by
Johnson Gerald S and Johnson Danette L
Bought by
Brown William K and Brown Lee Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,600
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2004
Sold by
Gurrola Julian
Bought by
Gurrola Diana

Purchase Details

Closed on
Jan 5, 2001
Sold by
Jensen Christopher C and Jensen Michelle D
Bought by
Johnson Gerald S and Johnson Danette L

Purchase Details

Closed on
Mar 10, 1999
Sold by
Westbrook Timothy and Westbrook Terry
Bought by
Jensen Christopher C and Jensen Michelle D

Purchase Details

Closed on
May 15, 1998
Sold by
Greenfield Land Development Llc
Bought by
Westbrook Gregory L and Westbrook Judie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
7.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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

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First American

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Quantarium

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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
Child Brian S -- None Available
Child Brian Spencer $430,000 Fidelity Natl Title Ins Co
Osborne Lee Anne -- Fidelity Natl Title Ins Co
Strategic Leverage Arizona Llc -- None Available
Federal Home Loan Mortgage Corp $72,222 Great American Title Agency
Brown William K $712,000 First American Title Ins Co
Gurrola Diana -- First Southwestern Title
Johnson Gerald S $88,000 Lawyers Title Of Arizona Inc
Jensen Christopher C $68,900 Chicago Title Insurance Co
Westbrook Timothy -- Chicago Title Insurance Co
Westbrook Gregory L $49,900 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Child Brian Spencer $220,000
Closed Child Brian Spencer $230,000
Previous Owner Brown William K $754,000
Previous Owner Brown William K $569,600
Previous Owner Johnson Gerald S $60,000
Previous Owner Westbrook Gregory L $44,900
Closed Brown William K $142,400
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 $4,870 $57,093 -- --
2024 $4,762 $54,374 -- --
2023 $4,762 $91,020 $18,200 $72,820
2022 $4,560 $70,710 $14,140 $56,570
2021 $4,674 $67,310 $13,460 $53,850
2020 $4,629 $62,360 $12,470 $49,890
2019 $4,465 $57,310 $11,460 $45,850
2018 $4,304 $52,470 $10,490 $41,980
2017 $4,032 $49,550 $9,910 $39,640
2016 $3,884 $49,070 $9,810 $39,260
2015 $4,067 $44,180 $8,830 $35,350
Source: Public Records

Map

Arizona Maricopa County Gilbert 85298 South Chandler

2553 E Ridgewood Ln, Gilbert, AZ

This home is located at 2553 E Ridgewood Ln, Gilbert, AZ 85298 and is currently estimated at $1,304,209, approximately $395 per square foot. 2553 E Ridgewood Ln is a home located in Maricopa County with nearby schools including Charlotte Patterson Elementary School, Willie & Coy Payne Jr. High School, and Rice Elementary School.

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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