3523 E Lexington Ct Gilbert, AZ 85234
Val Vista NeighborhoodEstimated Value: $688,000 - $707,958
4
Beds
3
Baths
2,317
Sq Ft
$301/Sq Ft
Est. Value
Highlights
- Private Pool
- Tile Flooring
- Heating Available
- Highland Park Elementary Rated A-
- Grass Covered Lot
- 3-minute walk to E. Lexington Ct Playground
About This Home
As of July 2022This is likely to be the most coveted home in all of Higley Groves. Highly desirable Morrison Ranch neighborhood, Cul-de-sac street with huge directly to the west. Only one adjacent neighbor and surrounded by single story homes (back and side). Exterior features mature shade trees that canopy the streets and a beautiful front courtyard. Recently updated diving Pool.
Security cameras owned outright and convey.
Walking inside you'll find a grand entrance with vaulted ceilings, updated tile floor, paint, quartz counters and carpet.
Each bedroom has been recently upgraded with new closet installs performed by ''Classy Closets''.
Air conditioner and all other utilities have been recently upgraded and are in flawless order.
With every detail in place, you will not want to miss this oppor
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,335
Year Built
- Built in 1999
Lot Details
- 7,005 Sq Ft Lot
- Block Wall Fence
- Grass Covered Lot
HOA Fees
- $95 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Wood Frame Construction
- Tile Roof
- Stone Exterior Construction
- Stucco
Interior Spaces
- 2,317 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Pool
- Private Pool
- Diving Board
Schools
- Highland Park Elementary School
- Highland Jr High Middle School
- Highland High School
Utilities
- Refrigerated Cooling System
- Heating Available
Community Details
- Association fees include (see remarks)
- Rcp Association, Phone Number (480) 813-6788
- Built by Shea
- Higley Groves Subdivision
Listing and Financial Details
- Tax Lot 150
- Assessor Parcel Number 309-23-150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2022
Closed on
Jul 8, 2022
Sold by
Lynn Malcolm and Lynn Michelle
Bought by
Lowrie Nathan and Lowrie Janie
Seller's Agent
Austin Merrell
Realty ONE Group
Buyer's Agent
Laura Lester
Silverleaf Realty
List Price
$750,000
Sold Price
$770,000
Premium/Discount to List
$20,000
2.67%
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,510
Avg. Annual Appreciation
-3.35%
Original Mortgage
$420,000
Outstanding Balance
$400,809
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$297,681
Purchase Details
Closed on
Oct 27, 2006
Sold by
Malcolm Timothy
Bought by
Malcolm Timothy and Malcolm Michelle Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 8, 2004
Sold by
Malcolm Michelle L
Bought by
Malcolm Timothy Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,900
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 27, 2003
Sold by
Malcolm Michelle L
Bought by
Malcolm Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 26, 2002
Sold by
Parsons Dave M and Parsons Rebecca J
Bought by
Miller Eric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
5.62%
Purchase Details
Closed on
Nov 29, 1999
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Parsons David M and Parsons Rebecca J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,548
Interest Rate
7.69%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Gilbert, AZ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lowrie Nathan | $770,000 | First Arizona Title | |
| Malcolm Timothy | -- | Lawyers Title Insurance Corp | |
| Malcolm Timothy Scott | -- | Chicago Title Insurance Co | |
| Malcolm Timothy | -- | First American Title Ins Co | |
| Malcolm Timothy | $202,000 | First American Title Ins Co | |
| Miller Eric | $185,000 | First American Title Ins Co | |
| Parsons David M | $169,587 | First American Title | |
| Shea Homes Arizona Ltd Partnership | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lowrie Nathan | $420,000 | |
| Previous Owner | Malcolm Timothy | $234,000 | |
| Previous Owner | Malcolm Michelle Lynn | $32,000 | |
| Previous Owner | Malcolm Timothy | $250,000 | |
| Previous Owner | Malcolm Timothy | $223,900 | |
| Previous Owner | Malcolm Timothy | $191,900 | |
| Previous Owner | Miller Eric | $175,750 | |
| Previous Owner | Parsons David M | $176,548 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2022 07/18/22 | Sold | $770,000 | +2.7% | $332 / Sq Ft |
| 07/13/2022 07/13/22 | For Sale | $750,000 | 0.0% | $324 / Sq Ft |
| 07/13/2022 07/13/22 | Price Changed | $750,000 | 0.0% | $324 / Sq Ft |
| 06/02/2022 06/02/22 | For Sale | $750,000 | -- | $324 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,272 | $30,497 | -- | -- |
| 2024 | $2,287 | $29,045 | -- | -- |
| 2023 | $2,287 | $44,760 | $8,950 | $35,810 |
| 2022 | $2,219 | $33,610 | $6,720 | $26,890 |
| 2021 | $2,335 | $31,920 | $6,380 | $25,540 |
| 2020 | $2,298 | $29,800 | $5,960 | $23,840 |
| 2019 | $2,113 | $27,680 | $5,530 | $22,150 |
| 2018 | $2,050 | $26,160 | $5,230 | $20,930 |
| 2017 | $1,980 | $24,910 | $4,980 | $19,930 |
| 2016 | $2,049 | $24,450 | $4,890 | $19,560 |
| 2015 | $1,866 | $24,320 | $4,860 | $19,460 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Merrell
Seller's Agent in 2022
Austin Merrell
Realty One Group
(480) 830-5695
5 in this area
64 Total Sales
-
Laura Lester
Buyer's Agent in 2022
Laura Lester
Silverleaf Realty
(480) 734-7273
1 in this area
127 Total Sales
-
Amanda Bruen
A
Buyer Co-Listing Agent in 2022
Amanda Bruen
Silverleaf Realty
(480) 620-8727
1 in this area
23 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6410506
APN: 309-23-150
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.
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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