NOT LISTED FOR SALE

637 S Melvin St Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $561,220 - $621,000

-- Bed
-- Bath
2,241 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 637 S Melvin St, Gilbert, AZ 85296 and is currently estimated at $583,555, approximately $260 per square foot. 637 S Melvin St is a home with nearby schools including Settlers Point Elementary School, Mesquite Junior High School, and Mesquite High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Lennar Arizona Llc
Bought by
Nelson John and Nelson Jolene
Current Estimated Value
$583,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,990
Outstanding Balance
$352,569
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$230,986

Purchase Details

Closed on
Nov 4, 2021
Sold by
Ag Essential Hsng Multi St 2 L
Bought by
Lennar Arizona Inc
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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Nelson John $538,990 Lennar Title
Lennar Arizona Inc $2,809,800 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson John $363,990
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 $1,677 $22,932 -- --
2024 $424 $21,840 -- --
2023 $424 $10,440 $10,440 $0
2022 $413 $7,290 $7,290 $0
Source: Public Records

Map

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

637 S Melvin St, Gilbert, AZ

This home is located at 637 S Melvin St, Gilbert, AZ 85296 and is currently estimated at $583,555, approximately $260 per square foot. 637 S Melvin St is a home with nearby schools including Settlers Point Elementary School, Mesquite Junior High School, and Mesquite 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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