NOT LISTED FOR SALE

516 E Phelps Ct Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $872,000 - $965,000

4 Beds
3 Baths
3,242 Sq Ft
$284/Sq Ft Est. Value

About This Home

This home is located at 516 E Phelps Ct, Gilbert, AZ 85295 and is currently estimated at $922,333, approximately $284 per square foot. 516 E Phelps Ct is a home located in Maricopa County with nearby schools including Quartz Hill Elementary School, South Valley Jr. High School, and Campo Verde High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2017
Sold by
Feng Kai and Long Jie
Bought by
Feng Kai and Long Jie
Current Estimated Value
$922,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$118,900
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$803,433

Purchase Details

Closed on
Jan 9, 2013
Sold by
Long Jie
Bought by
Feng Lai and Long Jie

Purchase Details

Closed on
Jan 20, 2011
Sold by
Feng Kai
Bought by
Long Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2011
Sold by
Kaufman Domenick J and Kaufman Letciia P
Bought by
Long Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2005
Sold by
Romano Gregory P and Romano Joy J
Bought by
Kaufman Domenick J and Kaufman Leticia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2003
Sold by
Fulton Homes Sales Corp
Bought by
Romano Gregory P and Romano Joy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2003
Sold by
Fulton Homes Corp
Bought by
Fulton Homes Sales Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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
Feng Kai -- Clear Title Agency Of Az Llc
Feng Lai -- None Available
Long Jie -- American Title Service Agenc
Long Jie $335,000 American Title Service Agenc
Kaufman Domenick J $616,900 --
Romano Gregory P $386,713 The Talon Group Title & Sett
Fulton Homes Sales Corp $301,544 First American Title
Fulton Homes Sales Corp $301,544 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Kai $236,000
Closed Long Jie $268,000
Closed Long Jie $268,000
Previous Owner Kaufman Domenick J $493,500
Previous Owner Romano Gregory P $333,700
Closed Romano Gregory P $81,200
Closed Kaufman Domenick J $92,500
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 $3,859 $50,421 -- --
2024 $3,875 $48,020 -- --
2023 $3,875 $64,010 $12,800 $51,210
2022 $3,750 $49,730 $9,940 $39,790
2021 $3,899 $47,230 $9,440 $37,790
2020 $3,832 $44,860 $8,970 $35,890
2019 $3,515 $42,370 $8,470 $33,900
2018 $3,408 $39,810 $7,960 $31,850
2017 $3,278 $37,730 $7,540 $30,190
2016 $3,378 $36,350 $7,270 $29,080
2015 $3,043 $34,970 $6,990 $27,980
Source: Public Records

Map

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

516 E Phelps Ct, Gilbert, AZ

This home is located at 516 E Phelps Ct, Gilbert, AZ 85295 and is currently estimated at $922,333, approximately $284 per square foot. 516 E Phelps Ct is a home located in Maricopa County with nearby schools including Quartz Hill Elementary School, South Valley Jr. High School, and Campo Verde High 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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