$566,000 - $631,000
RENTED OCT 5, 2024
3 Beds
2 Baths
1,964 Sq Ft
$301 Price per Sq Ft

Last Sold February 23, 2021

Last sale price $450,000 $229 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,477/month

About This Home

As of February 2021

For Rent: 6251 S BANNING ST, Gilbert, AZ 85298
This stunning single-level 3 bed, 2 bath home is perfect for modern living! Enjoy an open-concept great room, a spacious Primary Suite, and generously sized secondary bedrooms. The kitchen includes a large pantry and gas cooking. The home features shutters on all windows, adding a classy touch throughout, and fans in every room for comfort. Outside, the private, low maintenance backyard has an extended patio, with no neighbors behind and on one side. There is a water softener, and extra storage shelves in the garage. Located across from a greenbelt and play area, near top-rated schools like CTA-Freedom, close to shopping, and a short drive to the amazing Gilbert Regional Park (see pics). Don't miss this opportunity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 25, 2021
Sold by
Leichtman Alan and Leichtman Deann
Bought by
Parameswaran Aiswarya and Subramanian Senthil Babu
Seller's Agent
Taylor Magnuson
eXp Realty
Buyer's Agent
Abhishek Srivastava
HomeSmart
List Price
$419,900
Sold Price
$450,000
Premium/Discount to List
$30,100
7.17%
Current Estimated Value
$590,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,663
Avg. Annual Appreciation
6.59%
Original Mortgage
$425,000
Outstanding Balance
$384,127
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$206,536

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 8, 2020
Sold by
Waller Doyle E
Bought by
Leichtman Alan and Leichtman Deann
Seller's Agent
Braden Johnson
Limitless Real Estate
Buyer's Agent
Bruce Adams
HomeSmart
List Price
$359,900
Sold Price
$375,000
Premium/Discount to List
$15,100
4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.00%
Original Mortgage
$129,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2012
Closed on
May 16, 2013
Sold by
Tm Homes Of Arizona Inc
Bought by
Waller Doyle E
Seller's Agent
Brandon Cleveland
Taylor Morrison (MLS Only)
Buyer's Agent
Kristine Lahman
Century 21 Arizona Foothills
List Price
$273,503
Sold Price
$269,900
Premium/Discount to List
-$3,603
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$139,900
Interest Rate
3.5%
Mortgage Type
New Conventional

Range of Values:

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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
Parameswaran Aiswarya $450,000 Lawyers Title Of Arizona Inc
Leichtman Alan $375,000 Lawyers Title Of Arizona Inc
Waller Doyle E $269,900 First American Title Ins Co
Tm Homes Of Arizona Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parameswaran Aiswarya $425,000
Previous Owner Leichtman Alan $129,500
Previous Owner Waller Doyle E $139,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2024 10/05/24 Rented $2,700 0.0% --
10/01/2024 10/01/24 For Rent $2,700 0.0% --
09/01/2024 09/01/24 Rented $2,700 -6.9% --
07/21/2024 07/21/24 For Rent $2,900 0.0% --
02/23/2021 02/23/21 Sold $450,000 +7.2% $229 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $419,900 +12.0% $214 / Sq Ft
09/25/2020 09/25/20 Sold $375,000 +4.2% $191 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $359,900 +33.3% $183 / Sq Ft
05/20/2013 05/20/13 Sold $269,900 0.0% $137 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
03/22/2013 03/22/13 Price Changed $269,990 -1.3% $138 / Sq Ft
12/05/2012 12/05/12 For Sale $273,503 -- $139 / Sq Ft

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 $2,051 $26,484 -- --
2024 $2,001 $25,223 -- --
2023 $2,001 $41,380 $8,270 $33,110
2022 $1,930 $31,450 $6,290 $25,160
2021 $2,023 $29,400 $5,880 $23,520
2020 $2,012 $27,550 $5,510 $22,040
2019 $1,931 $25,110 $5,020 $20,090
2018 $1,873 $23,310 $4,660 $18,650
2017 $1,754 $22,260 $4,450 $17,810
2016 $1,697 $21,210 $4,240 $16,970
2015 $1,639 $20,110 $4,020 $16,090
Source: Public Records

Agents Affiliated with this Home

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