NOT LISTED FOR SALE

2911 E Melrose St Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $623,661 - $715,000

-- Bed
4 Baths
2,242 Sq Ft
$299/Sq Ft Est. Value

About This Home

This home is located at 2911 E Melrose St, Gilbert, AZ 85297 and is currently estimated at $669,665, approximately $298 per square foot. 2911 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
Sep 30, 2024
Sold by
Habib Bassil Wadih
Bought by
Habib Bassil Wadih and Habib Stacy Danielle
Current Estimated Value
$669,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$146,527
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$523,138

Purchase Details

Closed on
Jul 1, 2008
Sold by
Habib Stacy
Bought by
Habib Bassil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,961
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2008
Sold by
Tm Homes Of Arizona Inc
Bought by
Habib Bassil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,961
Interest Rate
6.32%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Habib Bassil Wadih -- Servicelink
Habib Bassil -- First American Title Ins Co
Habib Bassil $294,046 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 Habib Bassil Wadih $150,000
Previous Owner Habib Bassil $285,961
Previous Owner Tm Homes Of Arizona Inc $285,961
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 $2,742 $36,593 -- --
2024 $2,944 $34,850 -- --
2023 $2,944 $49,800 $9,960 $39,840
2022 $2,815 $37,910 $7,580 $30,330
2021 $2,891 $35,080 $7,010 $28,070
2020 $2,946 $32,710 $6,540 $26,170
2019 $2,851 $30,080 $6,010 $24,070
2018 $2,750 $28,880 $5,770 $23,110
2017 $2,652 $28,280 $5,650 $22,630
2016 $2,644 $28,560 $5,710 $22,850
2015 $2,352 $28,350 $5,670 $22,680
Source: Public Records

Map

Arizona Maricopa County Gilbert 85297 Higley

2911 E Melrose St, Gilbert, AZ

Not Listed for Sale

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