NOT LISTED FOR SALE

4040 S Summer Ct Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $451,698 - $484,000

4 Beds
2 Baths
1,678 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $293,000 $175 Per Sq Ft

About This Home

This home is located at 4040 S Summer Ct, Gilbert, AZ 85297 and is currently estimated at $468,425, approximately $279 per square foot. 4040 S Summer Ct is a home located in Maricopa County with nearby schools including Centennial Elementary School, Sossaman Middle School, and Higley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Ma Evelyn N D Y
Bought by
Ma Evelyn Nhu Diec Yee and Edh Trust

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 2, 2019
Sold by
Nadler Paul R and Nadler Cheryl S
Bought by
Ma Evelyn N
Seller's Agent
Robert Waddell
Realty Executives Arizona Territory
Buyer's Agent
Lisa Ritchie
Realty ONE Group
List Price
$290,000
Sold Price
$293,000
Premium/Discount to List
$3,000
1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$219,750
Outstanding Balance
$192,008
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$276,417

Purchase Details

Closed on
Sep 12, 2007
Sold by
Bednarz Megan
Bought by
Nadler Paul and Nadler Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,400
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2007
Sold by
Shade Tree Properties 4 Llc
Bought by
Bednarz Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,400
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
Bednarz Megan
Bought by
Shade Tree Properties 4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
6.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 17, 2006
Sold by
Bednarz Michael
Bought by
Bednarz Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
6.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 29, 2002
Sold by
Price David A and Price Laura A
Bought by
Loyd John and Loyd Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,920
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
Ma Evelyn Nhu Diec Yee -- None Available
Ma Evelyn N $293,000 First American Title Ins Co
Nadler Paul $224,888 Lawyers Title Insurance Corp
Bednarz Megan -- Lawyers Title Insurance Corp
Bednarz Megan -- None Available
Shade Tree Properties 4 Llc -- None Available
Bednarz Megan -- Magnus Title Agency
Bednarz Megan $306,000 Magnus Title Agency
Loyd John $159,900 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Evelyn N $219,750
Previous Owner Nadler Paul $157,400
Previous Owner Bednarz Megan $30,600
Previous Owner Bednarz Megan $244,800
Previous Owner Loyd John $127,920
Closed Loyd John $31,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2025 10/02/25 Price Changed $2,199 -4.2% $1 / Sq Ft
09/16/2025 09/16/25 For Rent $2,295 0.0% --
05/10/2019 05/10/19 Sold $293,000 +1.0% $175 / Sq Ft View Prior Sale
05/01/2019 05/01/19 Price Changed $290,000 0.0% $173 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $290,000 0.0% $173 / Sq Ft
03/01/2012 03/01/12 Rented $1,218 -2.6% --
02/23/2012 02/23/12 Under Contract -- -- --
12/04/2011 12/04/11 For Rent $1,250 -- --

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 $1,790 $20,545 -- --
2024 $1,939 $19,566 -- --
2023 $1,939 $35,030 $7,000 $28,030
2022 $1,863 $25,950 $5,190 $20,760
2021 $1,888 $23,560 $4,710 $18,850
2020 $1,916 $22,350 $4,470 $17,880
2019 $1,585 $20,030 $4,000 $16,030
2018 $1,800 $18,950 $3,790 $15,160
2017 $1,739 $17,830 $3,560 $14,270
2016 $1,760 $16,850 $3,370 $13,480
2015 $1,547 $15,950 $3,190 $12,760
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Robert Waddell

    Realty Executives

    (480) 213-6940

    15 Total Sales

    Robert Waddell
    Section Image
  • Nick Bastian

    Seller Co-Listing Agent in 2019

    Nick Bastian

    Realty Executives

    (602) 803-6425

    118 Total Sales

    Nick Bastian
    Section Image
  • Lisa Ritchie

    Buyer's Agent in 2019

    Lisa Ritchie

    Realty One Group

    (480) 777-4500

    78 Total Sales

    Lisa Ritchie
    Section Image

  • D

    Seller's Agent in 2012

    Dennis Strobehn

    Marsh Management & Real Estate

    (480) 345-1590

    12 Total Sales

    Dennis Strobehn
    Section Image

  • K

    Buyer's Agent in 2012

    Kim Scibelli

    QC Realty

    Section Image
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Map

Arizona Maricopa County Gilbert 85297 Power Ranch

4040 S Summer Ct, Gilbert, AZ

Not Listed for Sale

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