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374 North Bay Drive

374 North Bay Drive, Gilbert, AZ 85233
Sold May 06, 2021
$375,000
$384,208 by Loandepot.com, Llc
Mortgage Due Oct 01, 2053
Sold Feb 07, 2020
$285,000
$279,837 by United Wholesale Mortgage
Mortgage Due Mar 01, 2050
Local assessors in Gilbert, AZ have categorized 374 North Bay Drive as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 6,456 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 374 North Bay Drive has a total of 1,314 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 374 North Bay Drive was last sold in Apr 30, 2021 for $375,000. According to our calculations, that's $285.39 per sqft. Prior to that sales transaction, the property was sold for $285,000 in Feb 6, 2020. Current property owners are expected to pay $1,330 in taxes per year. The property on 374 North Bay Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,000. To break that down further, the land itself was valued at $6,600. While improvements to the property were assessed at a total of $26,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,456
  • Total Building Area: 1,314
  • Gross Building Area: 1,314
  • Building Area: 1,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWNE PARK AT NORTH SHORE
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWNE PARK AT NORTH SHORE MCR 407-27

Ownership

  • Current Owner : SMITH ANTOINETTE
  • Previous Owner : APODACA BELINDA
  • Owner Before Previous Owner: COLLINS CAL

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422309

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 40727
  • Parcel: 310-09-010
  • Lot: 10
  • Meridian: SEC 11 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.3564
  • Longitude: -111.824

    Address

  • Full Address: 374 N Bay Dr
  • Address - House Number: 374
  • Street Direction: N
  • Address - Street Name: Bay
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R057
  • 4-Digit Zip Code: 4631
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,330
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1428
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 452,957
  • High Value: 517,681
  • Low Value: 388,234

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,208
  • First Open Lien Mortgage Lender: LOANDEPOT.COM, LLC
  • First Open Lien Mortgage Recording Date: Sep 19, 2023
  • First Open Lien Mortgage Loan Amount: $384,208
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $66,000
  • Market Improvement Value: $264,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $26,400

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 06, 2021
  • Current Sale Transaction ID: 11835277549
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210510488
  • Previous Sale Recording Date: Feb 07, 2020
  • Previous Sale Contract Date: Feb 06, 2020
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORIA DEVELOPMENT INC
  • First Mortgage Transaction Date: May 06, 2021
  • First Mortgage Loan Amount: $363,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Feb 07, 2020
  • Previous Mortgage Loan Amount: $279,837
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2050

About North Shore



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Frequently Asked Questions

What neighborhood is 374 North Bay Drive located in?
The 374 North Bay Drive is a house located in the neighborhood of Towne Park at North Shore in North Shore, Gilbert.
What is the average sales price for listings in 374 North Bay Drive?
The average sales price for units in 374 North Bay Drive is $0 currently.

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