NOT LISTED FOR SALE

2870 E Megan St Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $446,000 - $467,000

4 Beds
3 Baths
1,884 Sq Ft
$242/Sq Ft Est. Value

Last Sold February 07, 2018

Last sale price $242,000 $128 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,727/month

19 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Ceiling Fan
  • Higley Traditional Academy Rated A
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of February 2018

Home sweet Gilbert home! Fantastic move in ready home offers an open floor plan with neutral paint tones, tile and laminate flooring, and picture windows that allow for natural light. Kitchen features stainless steel appliances, custom cabinets, and granite counters. Three spacious bedrooms and laundry room upstairs! Master has a walk in closet and an adjoining bath. Covered patio overlooks the quaint backyard with low care decorative rock! This home is ready for your personal touches!

Last Agent to Sell the Property

Adam Prather

eXp Realty License #SA659490000 Listed on: 12/20/2017

eXp Realty

Last Buyer's Agent

Danielle McCormick

New Nest Group License #SA658818000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,739

Year Built

  • Built in 2006

Lot Details

  • 2,989 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Lyon's Gate Comm. Association, Phone Number (602) 437-4777
  • Built by William Lyon Homes
  • Lyons Gate Phase 1 And 2 Subdivision

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 313-13-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,739

Year Built

Built in 2006

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Cross Street: Higley and Ray Rds
  • 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: 2017
  • Directions: West on Ray, Left on Constellation Way, Left on Megan, Left into the last Cul de Sac (Also named Megan St.)
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: LYONS GATE PHASE 1 AND 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 90.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Pantry, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1884.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 90.0
  • Association Fee Frequency: Monthly
  • Association Name: Lyon's Gate Comm.
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lyon's Gate Comm.
  • Association Fees:HOA Telephone4: (602) 437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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
  • Junior High Dist: Higley Unified District
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2989.0
  • Parcel #: 313-13-042
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: William Lyon Homes

Tax Info

  • Tax Annual Amount: 1739.0
  • Tax Book Number: 313.00
  • Tax Lot: 42
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Jan 25, 2018
Sold by
Hu Linzhi and Lu Qing
Bought by
Yong Hiu
Seller's Agent
Adam Prather
eXp Realty
Buyer's Agent
Danielle McCormick
New Nest Group
List Price
$242,000
Sold Price
$242,000
Current Estimated Value
$458,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,918
Avg. Annual Appreciation
8.88%
Original Mortgage
$217,800
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Hu Linzhi
Bought by
Hu Linzhi and Lu Qing

Purchase Details

Closed on
Mar 4, 2008
Sold by
Lu Qing
Bought by
Hu Linzhi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2008
Sold by
Residential Funding Co Llc
Bought by
Hu Linzhi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2007
Sold by
Arango Luis
Bought by
Residential Funding Co Llc

Purchase Details

Closed on
Apr 14, 2006
Sold by
William Lyon Homes Inc
Bought by
William Lyon Southwest Inc and William Lyon Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,760
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yong Hiu $242,000 Pioneer Title Agency Inc
Hu Linzhi -- None Available
Hu Linzhi -- First American Title Ins Co
Hu Linzhi $175,000 First American Title Ins Co
Residential Funding Co Llc $211,207 Great American Title Agency
William Lyon Southwest Inc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yong Hiu $235,500
Closed Yong Hiu $217,800
Previous Owner Hu Linzhi $131,319
Previous Owner Hu Linzhi $140,000
Previous Owner Hu Linzhi $140,000
Previous Owner William Lyon Southwest Inc $49,760
Previous Owner Arango Luis O $199,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2018 02/07/18 Sold $242,000 0.0% $128 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $242,000 -- $128 / 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 $1,488 $20,469 -- --
2024 $1,637 $19,495 -- --
2023 $1,637 $32,580 $6,510 $26,070
2022 $1,565 $24,680 $4,930 $19,750
2021 $1,609 $22,380 $4,470 $17,910
2020 $1,639 $21,270 $4,250 $17,020
2019 $1,588 $19,130 $3,820 $15,310
2018 $1,530 $17,900 $3,580 $14,320
2017 $1,739 $16,360 $3,270 $13,090
2016 $1,761 $15,700 $3,140 $12,560
2015 $1,547 $14,750 $2,950 $11,800
Source: Public Records

Agents Affiliated with this Home

  • Adam Prather

    Seller's Agent in 2018

    Adam Prather

    eXp Realty

    (480) 298-3564

    178 Total Sales

    Section Image
  • Danielle McCormick

    Buyer's Agent in 2018

    Danielle McCormick

    New Nest Group

    (602) 339-8065

    57 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5700488

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-13-042

Arizona Maricopa County Gilbert 85295 Lyon's Gate

2870 E Megan St, Gilbert, AZ

This home is located at 2870 E Megan St, Gilbert, AZ 85295 since 20 December 2017 and is currently estimated at $456,313, approximately $242 per square foot. This property was built in 2006. 2870 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.

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

Nearby Homes