NOT LISTED FOR SALE

502 E Terrace Ave Gilbert, AZ 85234

Northwest Gilbert Neighborhood

Estimated Value: $1,007,800

5 Beds
3 Baths
2,743 Sq Ft
$367/Sq Ft Est. Value

About This Home

This home is located at 502 E Terrace Ave, Gilbert, AZ 85234 and is currently estimated at $1,007,800, approximately $367 per square foot. 502 E Terrace Ave is a home located in Maricopa County with nearby schools including Neely Traditional Academy, Burk Elementary School, and Mesquite Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Munteanu Fomberto and Munteanu Margareta
Bought by
Arlon Investments Llc
Current Estimated Value
$1,007,800

Purchase Details

Closed on
Dec 20, 2019
Sold by
Munteanu Fomberto and Munteanu Margareta
Bought by
Munteanu Fomberto and Munteanu Margareta

Purchase Details

Closed on
Jan 31, 2019
Sold by
Niculae Tudor and Niculae Maria
Bought by
Munteanu Fomberto and Munteanu Margareta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2015
Sold by
Niculae Tudor
Bought by
Niculae Tudor and Niculae Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Ventura Erlinda
Bought by
Niculae Tudor and Niculae Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1998
Sold by
Powell Barbara J and Watson Barbara Jean
Bought by
Ventura Erlinda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,207
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 1994
Sold by
Watson Gregory Roland
Bought by
Watson Barbara Jean
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
Arlon Investments Llc $800,000 First American Title Ins Co
Munteanu Fomberto -- None Available
Munteanu Fomberto $385,000 Driggs Title Agency Inc
Niculae Tudor -- Accommodation
Niculae Tudor -- Driggs Title Agency Inc
Niculae Tudor $300,000 Tsa Title Agency
Ventura Erlinda P $193,000 Transnation Title Ins Co
Watson Barbara Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munteanu Fomberto $365,750
Previous Owner Niculae Tudor $282,000
Previous Owner Niculae Tudor $240,000
Previous Owner Ventura Erlinda P $154,207
Closed Niculae Tudor $60,000
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 $3,578 $31,250 -- --
2024 $3,219 $29,762 -- --
2023 $3,219 $54,500 $10,900 $43,600
2022 $3,440 $43,410 $8,680 $34,730
2021 $3,126 $43,230 $8,640 $34,590
2020 $3,185 $34,110 $6,820 $27,290
2019 $2,939 $31,460 $6,290 $25,170
2018 $2,895 $29,670 $5,930 $23,740
2017 $2,840 $27,610 $5,520 $22,090
2016 $2,594 $26,770 $5,350 $21,420
2015 $2,133 $25,950 $5,190 $20,760
Source: Public Records

Map

Arizona Maricopa County Gilbert 85234 Northwest Gilbert

502 E Terrace Ave, Gilbert, AZ

Not Listed for Sale

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