NOT LISTED FOR SALE

3120 E Lexington Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $713,238 - $810,000

4 Beds
2 Baths
2,504 Sq Ft
$310/Sq Ft Est. Value

About This Home

This home is located at 3120 E Lexington Ave, Gilbert, AZ 85234 and is currently estimated at $776,560, approximately $310 per square foot. 3120 E Lexington Ave is a home located in Maricopa County with nearby schools including Greenfield Elementary School, Greenfield Junior High School, and Highland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2019
Sold by
Merrill Linda and Merrill Chad J
Bought by
Merrill Chad J
Current Estimated Value
$776,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,600
Outstanding Balance
$210,771
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$572,715

Purchase Details

Closed on
Jun 18, 2008
Sold by
Johnson Matthew T and Johnson Lindsay M
Bought by
Merrill Chad J and Merrill Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2001
Sold by
Morrison Homes Of Arizona Inc
Bought by
Johnson Matthew T and Johnson Lindsay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.09%
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
Merrill Chad J -- Lawyers Title Of Arizona Inc
Merrill Chad J $360,000 Federal Title Agency Llc
Johnson Matthew T $213,298 First American Title
Morrison Homes Of Arizona Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill Chad J $238,600
Closed Merrill Chad J $324,000
Previous Owner Johnson Matthew T $50,000
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 $2,569 $34,523 -- --
2024 $2,587 $32,879 -- --
2023 $2,587 $49,650 $9,930 $39,720
2022 $2,509 $38,520 $7,700 $30,820
2021 $2,640 $36,270 $7,250 $29,020
2020 $2,598 $33,800 $6,760 $27,040
2019 $2,391 $33,010 $6,600 $26,410
2018 $2,317 $30,310 $6,060 $24,250
2017 $2,238 $28,810 $5,760 $23,050
2016 $2,279 $27,070 $5,410 $21,660
2015 $2,108 $28,250 $5,650 $22,600
Source: Public Records

Map

Arizona Maricopa County Gilbert 85234 Val Vista

3120 E Lexington Ave, Gilbert, AZ

This home is located at 3120 E Lexington Ave, Gilbert, AZ 85234 and is currently estimated at $776,560, approximately $310 per square foot. 3120 E Lexington Ave is a home located in Maricopa County with nearby schools including Greenfield Elementary School, Greenfield Junior High School, and Highland High 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.

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