NOT LISTED FOR SALE

514 E Hearne Way Unit 2 Gilbert, AZ 85234

Downtown Gilbert Neighborhood

Estimated Value: $554,000 - $622,000

3 Beds
2 Baths
2,298 Sq Ft
$258/Sq Ft Est. Value

About This Home

This home is located at 514 E Hearne Way Unit 2, Gilbert, AZ 85234 and is currently estimated at $592,378, approximately $257 per square foot. 514 E Hearne Way Unit 2 is a home located in Maricopa County with nearby schools including Burk Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Milam Michael and Milam Judy
Bought by
Milam Family Revocable Trust
Current Estimated Value
$592,378

Purchase Details

Closed on
Feb 22, 2011
Sold by
Wells Fargo Bank Na
Bought by
Milam Michael and Milam Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2010
Sold by
Golightly John L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 6, 2006
Sold by
Demello Joseph
Bought by
Golightly John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Demello Joseph
Bought by
Demello Joseph and Demello Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 1998
Sold by
Kent Patricia A and Mcgee Patricia Ann
Bought by
Demello Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
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

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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
Milam Family Revocable Trust -- --
Milam Michael $160,000 Lsi Title Agency
Wells Fargo Bank Na $184,000 None Available
Golightly John L $181,055 Great American Title Agency
Demello Joseph -- Master Title Agency Inc
Demello Joseph $160,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milam Michael $25,000
Previous Owner Milam Michael $126,500
Previous Owner Milam Michael $128,000
Previous Owner Golightly John L $232,500
Previous Owner Demello Joseph $156,000
Previous Owner Demello Joseph $128,000
Closed Demello Joseph $8,000
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 $1,873 $25,831 -- --
2024 $1,887 $24,601 -- --
2023 $1,887 $41,120 $8,220 $32,900
2022 $1,830 $29,900 $5,980 $23,920
2021 $1,933 $28,100 $5,620 $22,480
2020 $1,903 $26,430 $5,280 $21,150
2019 $1,749 $24,270 $4,850 $19,420
2018 $1,696 $22,570 $4,510 $18,060
2017 $1,637 $21,900 $4,380 $17,520
2016 $1,693 $19,820 $3,960 $15,860
2015 $1,543 $20,980 $4,190 $16,790
Source: Public Records

Map

Arizona Maricopa County Gilbert 85234 Downtown Gilbert

514 E Hearne Way Unit 2, Gilbert, AZ

This home is located at 514 E Hearne Way Unit 2, Gilbert, AZ 85234 and is currently estimated at $592,378, approximately $257 per square foot. 514 E Hearne Way Unit 2 is a home located in Maricopa County with nearby schools including Burk Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

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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