NOT LISTED FOR SALE

Estimated Value: $439,248 - $508,000

3 Beds
2 Baths
1,815 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 2950 E Merlot St, Gilbert, AZ 85298 and is currently estimated at $485,312, approximately $267 per square foot. 2950 E Merlot St is a home located in Maricopa County with nearby schools including Charlotte Patterson Elementary School and Willie & Coy Payne Jr. High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Wendt Miriam J
Bought by
Mj Wendt Family Trust and Wendt
Current Estimated Value
$485,312

Purchase Details

Closed on
Mar 8, 2010
Sold by
Ellis Jeremy J and Ellis Jeremy
Bought by
Wendt Miriam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,305
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2005
Sold by
Alvarez Maria Isabel
Bought by
Ellis Jeremy J and Ellis Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
First American Title Insurance Co
Bought by
Alvarez Maria Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,164
Interest Rate
6.75%
Mortgage Type
New Conventional
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
Mj Wendt Family Trust -- None Listed On Document
Wendt Miriam J $165,300 Stewart Title & Trust Of Pho
Ellis Jeremy J $290,000 Capital Title Agency Inc
Alvarez Maria Isabel $203,956 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wendt Miriam J $162,305
Previous Owner Ellis Jeremy J $232,000
Previous Owner Alvarez Maria Isabel $163,164
Closed Alvarez Maria Isabel $20,395
Closed Ellis Jeremy J $58,000
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 $1,758 $22,539 -- --
2024 $1,698 $21,465 -- --
2023 $1,698 $36,610 $7,320 $29,290
2022 $1,638 $27,370 $5,470 $21,900
2021 $1,716 $25,110 $5,020 $20,090
2020 $1,707 $23,300 $4,660 $18,640
2019 $1,639 $21,130 $4,220 $16,910
2018 $1,589 $19,900 $3,980 $15,920
2017 $1,488 $19,130 $3,820 $15,310
2016 $1,438 $18,260 $3,650 $14,610
2015 $1,390 $16,950 $3,390 $13,560
Source: Public Records

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