NOT LISTED FOR SALE

2851 E Morrison Ranch Pkwy Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $1,371,000 - $2,553,178

4 Beds
4 Baths
3,610 Sq Ft
$516/Sq Ft Est. Value

About This Home

This home is located at 2851 E Morrison Ranch Pkwy, Gilbert, AZ 85296 and is currently estimated at $1,862,795, approximately $516 per square foot. 2851 E Morrison Ranch Pkwy is a home located in Maricopa County with nearby schools including Greenfield Elementary School, Greenfield Junior High School, and Highland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2008
Sold by
Torkkola Jack
Bought by
Couser Blaine R and Couser Justalyn R
Current Estimated Value
$1,862,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$282,333
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,580,462

Purchase Details

Closed on
Feb 28, 2006
Sold by
U S Home Corp
Bought by
Torkkola Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,490
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 20, 2005
Sold by
Gmac Model Home Finance Inc
Bought by
Us Home Corp
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

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
Couser Blaine R $560,000 Landamerica Title Agency
Torkkola Jack $939,363 North American Title Co
Us Home Corp $174,473 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couser Blaine R $417,000
Closed Couser Blaine R $417,000
Previous Owner Torkkola Jack $751,490
Previous Owner Torkkola Jack $187,870
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 $11,758 $133,427 -- --
2024 $11,805 $127,073 -- --
2023 $11,805 $148,780 $29,750 $119,030
2022 $11,430 $119,570 $23,910 $95,660
2021 $11,820 $118,050 $23,610 $94,440
2020 $11,627 $115,120 $23,020 $92,100
2019 $10,776 $115,820 $23,160 $92,660
2018 $10,347 $117,480 $23,490 $93,990
2017 $9,999 $114,330 $22,860 $91,470
2016 $9,913 $114,980 $22,990 $91,990
2015 $9,304 $117,110 $23,420 $93,690
Source: Public Records

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