NOT LISTED FOR SALE

3940 E Morelos St Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $551,000 - $603,000

4 Beds
3 Baths
3,080 Sq Ft
$185/Sq Ft Est. Value

About This Home

This home is located at 3940 E Morelos St, Gilbert, AZ 85295 and is currently estimated at $570,551, approximately $185 per square foot. 3940 E Morelos St 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
Mar 11, 2011
Sold by
Zafar Nadia Iqbal
Bought by
Alam Naveed M
Current Estimated Value
$570,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,600
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Tran Rick
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 22, 2009
Sold by
Tran Rick and Tran Karen
Bought by
Tran Rick

Purchase Details

Closed on
Jun 5, 2006
Sold by
Tran Rick
Bought by
Tran Rick and Tran Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,246
Interest Rate
6.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 18, 2006
Sold by
Tran Karen
Bought by
Tran Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,246
Interest Rate
6.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 5, 2006
Sold by
Elite Homes Inc
Bought by
Tran Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,246
Interest Rate
6.52%
Mortgage Type
Stand Alone Second
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

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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
Alam Naveed M -- Old Republic Title Agency
Alam Naveed M $170,000 Old Republic Title Agency
Federal National Mortgage Association $260,584 Accommodation
Tran Rick -- None Available
Tran Rick -- None Available
Tran Rick -- First American Title Ins Co
Tran Rick $371,348 First American Title Ins Co
Elite Homes Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alam Naveed M $134,600
Previous Owner Tran Rick $74,246
Previous Owner Tran Rick $259,943
Previous Owner Elite Homes Inc $259,943
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 $2,464 $25,888 -- --
2024 $2,467 $24,655 -- --
2023 $2,467 $42,810 $8,560 $34,250
2022 $2,371 $30,510 $6,100 $24,410
2021 $2,398 $28,320 $5,660 $22,660
2020 $2,433 $26,700 $5,340 $21,360
2019 $2,360 $23,970 $4,790 $19,180
2018 $2,286 $23,230 $4,640 $18,590
2017 $2,209 $23,110 $4,620 $18,490
2016 $2,235 $22,430 $4,480 $17,950
2015 $1,964 $21,560 $4,310 $17,250
Source: Public Records

Map

Arizona Maricopa County Gilbert 85295 Higley

3940 E Morelos St, Gilbert, AZ

This home is located at 3940 E Morelos St, Gilbert, AZ 85295 and is currently estimated at $570,551, approximately $185 per square foot. 3940 E Morelos St is a home located in Maricopa County with nearby schools including Chaparral Elementary School, Williams Field High School, and Cooley Middle 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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