NOT LISTED FOR SALE

3097 E Lowell Ave Unit 3 Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $843,000 - $1,358,000

5 Beds
4 Baths
3,885 Sq Ft
$307/Sq Ft Est. Value

About This Home

This home is located at 3097 E Lowell Ave Unit 3, Gilbert, AZ 85295 and is currently estimated at $1,194,260, approximately $307 per square foot. 3097 E Lowell Ave Unit 3 is a home located in Maricopa County with nearby schools including Chaparral Elementary School, Williams Field High School, and Cooley Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Reeves Dustin Michael and Reeves Jessica Jean
Bought by
Reeves Dustin Michael and Reeves Jessica Jean
Current Estimated Value
$1,194,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,050
Outstanding Balance
$463,454
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$730,806

Purchase Details

Closed on
May 17, 2019
Sold by
Lipsky Jennifer L and Lipsky Chance M
Bought by
The Dj Reeves Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2016
Sold by
Lipsky Chance M and Lipsky Jennifer L
Bought by
Lipsky Jennifer L and Lipsky Chance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2011
Sold by
Foushee Thomas J and Foushee Suzan R
Bought by
Lipsky Chance M and Lipsky Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Frank Douglas and Frank Lynnette
Bought by
Foushee Thomas J and Foushee Suzan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2002
Sold by
Edmunds Toll Ltd Partnership
Bought by
Frank Douglas and Frank Lynnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,196
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Reeves Dustin Michael -- First American Title
Reeves Dustin Michael -- Accommodation
The Dj Reeves Family Trust $660,000 Jetclosing Inc
Lipsky Jennifer L -- Security Title Agency Inc
Lipsky Chance M $420,000 Pioneer Title Agency Inc
Foushee Thomas J $835,000 Old Republic Title Agency
Frank Douglas $487,995 Westminster Title Agency Inc
Edmunds Toll Ltd Partnership -- Westminster Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dj Reeves Family Trust $244,130
Open Reeves Dustin Michael $516,050
Previous Owner The Dj Reeves Family Trust $511,000
Previous Owner Lipsky Jennifer L $475,000
Previous Owner Lipsky Chance M $399,000
Previous Owner Foushee Thomas J $481,000
Previous Owner Frank Douglas $171,100
Previous Owner Frank Douglas $436,400
Previous Owner Frank Douglas $439,196
Closed Foushee Thomas J $187,000
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 $4,825 $55,789 -- --
2024 $4,829 $53,132 -- --
2023 $4,829 $86,230 $17,240 $68,990
2022 $4,621 $64,670 $12,930 $51,740
2021 $4,661 $60,660 $12,130 $48,530
2020 $4,731 $60,550 $12,110 $48,440
2019 $4,577 $56,160 $11,230 $44,930
2018 $4,403 $46,070 $9,210 $36,860
2017 $4,238 $37,760 $7,550 $30,210
2016 $4,966 $43,170 $8,630 $34,540
2015 $4,369 $44,460 $8,890 $35,570
Source: Public Records

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