4531 E Lantern Place Gilbert, AZ 85297
Power Ranch NeighborhoodEstimated Value: $634,990 - $676,000
4
Beds
2
Baths
2,400
Sq Ft
$275/Sq Ft
Est. Value
About This Home
This home is located at 4531 E Lantern Place, Gilbert, AZ 85297 and is currently estimated at $659,748, approximately $274 per square foot. 4531 E Lantern Place is a home located in Maricopa County with nearby schools including Power Ranch Elementary School, Sossaman Middle School, and Higley High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2022
Sold by
Nichols Thomas C
Bought by
Nichols Melanie S
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Outstanding Balance
$229,997
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$429,751
Purchase Details
Closed on
Apr 13, 2006
Sold by
Ting Wong Thomas and Ting Chi Cheng
Bought by
Nicholas Thomas C and Nichols Melanie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 13, 2004
Sold by
Wong Lynn
Bought by
Wong Thomas
Purchase Details
Closed on
Jan 7, 2004
Sold by
William Lyon Homes Inc
Bought by
William Lyon Southwest Inc and William Lyon Homes
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nichols Melanie S | -- | None Listed On Document | |
| Nicholas Thomas C | $399,000 | Transnation Title Ins Co | |
| Wong Thomas | -- | First American Title Ins Co | |
| Ting Wong Thomas | $305,000 | First American Title Ins Co | |
| William Lyon Southwest Inc | -- | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nichols Melanie S | $242,000 | |
| Previous Owner | Nicholas Thomas C | $325,000 |
Source: Public Records
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 | $2,955 | $32,962 | -- | -- |
| 2024 | $3,111 | $31,392 | -- | -- |
| 2023 | $3,111 | $48,970 | $9,790 | $39,180 |
| 2022 | $2,988 | $36,020 | $7,200 | $28,820 |
| 2021 | $3,029 | $33,320 | $6,660 | $26,660 |
| 2020 | $3,074 | $31,650 | $6,330 | $25,320 |
| 2019 | $2,983 | $29,120 | $5,820 | $23,300 |
| 2018 | $2,888 | $27,670 | $5,530 | $22,140 |
| 2017 | $2,790 | $27,260 | $5,450 | $21,810 |
| 2016 | $2,823 | $26,020 | $5,200 | $20,820 |
| 2015 | $2,481 | $25,850 | $5,170 | $20,680 |
Source: Public Records
Map
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