NOT LISTED FOR SALE

Estimated Value: $1,328,000 - $1,808,000

5 Beds
4 Baths
3,516 Sq Ft
$459/Sq Ft Est. Value

About This Home

This home is located at 2711 E Melrose St, Gilbert, AZ 85297 and is currently estimated at $1,614,718, approximately $459 per square foot. 2711 E Melrose St is a home located in Maricopa County with nearby schools including San Tan Elementary School, Sossaman Middle School, and Higley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Kerby Laura C and Kerby Joseph N
Bought by
Rehbl Trust and Kerby
Current Estimated Value
$1,614,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$697,581
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$917,137

Purchase Details

Closed on
Dec 23, 2020
Sold by
Kerby Joseph N and Kerby Laura C
Bought by
Kerby Joseph N and Kerby Laura C

Purchase Details

Closed on
Nov 24, 2014
Sold by
Goettings Jon Michael
Bought by
Kerby Joseph N and Kerby Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2012
Sold by
Tealdo Romina
Bought by
Goettings Jon Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2012
Sold by
Marcovecchio Paul
Bought by
Goettings John Michael and Kerby Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2005
Sold by
Marcovecchio Paul
Bought by
Marcovecchio Paul and Marcovecchio Kathryn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 6, 2003
Sold by
Lucchesi Rick L
Bought by
Marcovecchio Paul and Marcovecchio Kathryn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.37%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Rehbl Trust -- Accommodation
Kerby Laura C -- New Title Company Name
Kerby Joseph N -- None Available
Kerby Joseph N $424,000 Chicago Title Agency Inc
Goettings Jon Michael -- Security Title Agency
Goettings Jon Michael -- Security Title Agency
Goettings John Michael $408,000 None Available
Marcovecchio Paul -- Security Title Agency Inc
Marcovecchio Paul -- Security Title Agency Inc
Marcovecchio Paul $125,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerby Laura C $770,000
Previous Owner Kerby Joseph N $317,000
Previous Owner Goettings Jon Michael $322,500
Previous Owner Goettings John Michael $326,400
Previous Owner Marcovecchio Paul $640,000
Previous Owner Marcovecchio Paul $450,000
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 $7,557 $89,929 -- --
2024 $5,405 $85,646 -- --
2023 $5,405 $98,230 $19,640 $78,590
2022 $5,177 $76,650 $15,330 $61,320
2021 $5,218 $64,970 $12,990 $51,980
2020 $5,298 $62,560 $12,510 $50,050
2019 $5,130 $61,320 $12,260 $49,060
2018 $4,931 $52,850 $10,570 $42,280
2017 $4,747 $47,900 $9,580 $38,320
2016 $4,797 $50,970 $10,190 $40,780
2015 $4,139 $49,030 $9,800 $39,230
Source: Public Records

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