RENTED APR 1, 2025

2895 E Melrose St Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $594,000 - $604,000

4 Beds
2 Baths
1,827 Sq Ft
$328/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $415,000 $227 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,326/month

Highlights

  • Santa Barbara Architecture
  • Granite Countertops
  • Eat-In Kitchen
  • San Tan Elementary School Rated A
  • Covered Patio or Porch
  • Double Vanity

About This Home

As of April 2025

Amazing 4bed/2full bath home for RENTAL in Stratland Estates, Gilbert. RENTAL AMOUNT INCLUDES REGULAR LANDSCAPING FRONT AND BACK YARD. Fully upgraded kitchen with stainless steel appliances. Laundry comes with a washer and dryer. Closer to Free Way, Gilbert Regional Park, Hospitals, Restaurants, Shopping etc.,

Last Agent to Rent the Property

Jeyanthi Muthukaruppan

Dow Realty License #BR694257000 Listed on: 03/02/2025

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 8,310 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,827 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Schools

  • San Tan Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Property Available on 4/1/25
  • 12-Month Minimum Lease Term
  • Tax Lot 296
  • Assessor Parcel Number 304-52-717

Community Details

Overview

  • Property has a Home Owners Association
  • Stratland Estates Association, Phone Number (480) 539-1396
  • Built by Taylor Morrison
  • Stratland Estates Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2025-04-01

Listing Details

  • Cross Street: S Higley Rd and E Germann Rd
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Rental Info H O A Name: Stratland Estates
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: STRATLAND ESTATES
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1827.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Irrigation Front, Irrigation Back
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Name: Stratland Estates
  • Phone: 480-539-1396
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: San Tan Elementary
  • High School: Higley High School
  • Junior High Dist: Higley Unified School District
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Lot Size Sq Ft: 8310.0
  • Parcel #: 304-52-717

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 296
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 2, 2021
Sold by
Reilly Gwendolyn and Reilly Michael
Bought by
Ramamurthy Suresh and Sivaraman Lakshmi Devi
Seller's Agent
Dylan Thomas
Compass
Buyer's Agent
Teddy Shonka
HomeSmart
List Price
$470,000
Sold Price
$415,000
Premium/Discount to List
-$55,000
-11.7%
Current Estimated Value
$589,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,396
Avg. Annual Appreciation
7.97%
Original Mortgage
$311,250
Outstanding Balance
$279,014
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$320,564

Purchase Details

Closed on
Mar 17, 2016
Sold by
Watson Danny G
Bought by
Reilly Gwendolyn D and Reilly Ii Michael J

Purchase Details

Closed on
Jun 26, 2009
Sold by
Tm Homes Of Arizona Inc
Bought by
Watson Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.83%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramamurthy Suresh $415,000 First Arizona Title Agency
Reilly Gwendolyn D $175,100 North American Title Company
Watson Terry L $209,990 First American Title Ins Co
Tm Homes Of Arizona Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramamurthy Suresh $311,250
Previous Owner Watson Terry L $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Rented $2,500 0.0% --
03/09/2025 03/09/25 Under Contract -- -- --
03/02/2025 03/02/25 For Rent $2,500 0.0% --
04/01/2023 04/01/23 Rented $2,500 0.0% --
03/09/2023 03/09/23 Under Contract -- -- --
02/14/2023 02/14/23 For Rent $2,500 0.0% --
11/22/2022 11/22/22 Rented $2,500 0.0% --
11/15/2022 11/15/22 Under Contract -- -- --
10/26/2022 10/26/22 For Rent $2,500 0.0% --
03/05/2021 03/05/21 Sold $415,000 -11.7% $185 / Sq Ft View Prior Sale
02/07/2021 02/07/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $470,000 -- $210 / 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 $2,853 $34,392 -- --
2024 $3,285 $32,754 -- --
2023 $3,285 $46,160 $9,230 $36,930
2022 $3,157 $35,060 $7,010 $28,050
2021 $3,192 $32,620 $6,520 $26,100
2020 $3,237 $30,420 $6,080 $24,340
2019 $3,141 $27,620 $5,520 $22,100
2018 $3,040 $26,610 $5,320 $21,290
2017 $2,938 $26,520 $5,300 $21,220
2016 $2,971 $26,670 $5,330 $21,340
2015 $2,212 $26,310 $5,260 $21,050
Source: Public Records

Agents Affiliated with this Home

  • Jeyanthi Muthukaruppan

    Landlord's Agent in 2025

    Jeyanthi Muthukaruppan

    Dow Realty

    (520) 971-4842

    1 in this area

    18 Total Sales

    Jeyanthi Muthukaruppan
    Section Image

  • N

    Tenant's Agent in 2025

    Non-MLS Agent

    Non-MLS Office

  • Stephanie Dow

    Seller Co-Listing Agent in 2023

    Stephanie Dow

    Dow Realty

    (602) 705-7781

    3 in this area

    46 Total Sales

    Stephanie Dow
    Section Image

  • J

    Buyer's Agent in 2023

    Jan Mincher

    Realty One Group

  • Justin Cook

    Buyer's Agent in 2022

    Justin Cook

    RE/MAX

    (602) 405-2665

    7 in this area

    181 Total Sales

    Justin Cook
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6828958

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-52-717

Arizona Maricopa County Gilbert 85297 Higley

2895 E Melrose 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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