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848 East Park Avenue

848 East Park Avenue, Gilbert, AZ 85234
Sold Jul 29, 2021
$335,000
$318,250 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2051
Sold Oct 04, 2005
Transfer
$176,250 by Bank Of America Na
Mortgage Due Oct 01, 2035
Local assessors in Gilbert, AZ have categorized 848 East Park Avenue as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 4,469 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. 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 848 East Park Avenue has a total of 1,409 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. 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 asphalt. Lots of brick 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, 848 East Park Avenue was last sold in Jul 16, 2021 for $335,000. According to our calculations, that's $237.76 per sqft. Current property owners are expected to pay $1,098 in taxes per year. The property on 848 East Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,630. To break that down further, the land itself was valued at $5,920. While improvements to the property were assessed at a total of $23,710. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Brick Venner Exterior

Parking

Open Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • 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
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,469
  • Total Building Area: 1,409
  • Gross Building Area: 1,409
  • Building Area: 1,409
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,409
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOWE ESTATES
  • Land Acres: 0.103
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOWE ESTATES MCR 272-43

Ownership

  • Current Owner : USRY CHAD
  • Previous Owner : LEATHERBARROW GORDON J
  • Previous Owner 2: LEATHERBARROW KRISTAL M
  • Owner Before Previous Owner: SEVERYN ANDY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422509

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 27243
  • Parcel: 304-13-157
  • Lot: 136
  • Meridian: SEC 8 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3532
  • Longitude: -111.771

    Address

  • Full Address: 848 E Park Ave
  • Address - House Number: 848
  • Street Direction: E
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R002
  • 4-Digit Zip Code: 5956
  • Zip Code: 85234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,098
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 438,967
  • High Value: 498,374
  • Low Value: 379,559

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $468,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 29, 2021
  • First Open Lien Mortgage Loan Amount: $318,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051
  • Second Open Lien Mortgage Lender: JFQ LENDING LLC
  • Second Open Lien Mortgage Recording Date: Aug 18, 2022
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $296,300
  • Market Land Value: $59,200
  • Market Improvement Value: $237,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,630
  • Assessed Land Value: $5,920
  • Assessed Improvements Value: $23,710

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Transaction ID: 11845256022
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210822385
  • Previous Sale Recording Date: Oct 04, 2005
  • Previous Sale Contract Date: Sep 28, 2005
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 29, 2021
  • First Mortgage Loan Amount: $318,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 04, 2005
  • Previous Mortgage Loan Amount: $176,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Lowe Estates



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Frequently Asked Questions

What neighborhood is 848 East Park Avenue located in?
The 848 East Park Avenue is a house located in the neighborhood of Lowe Estates in Lowe Estates, Gilbert.
What is the average sales price for listings in 848 East Park Avenue?
The average sales price for units in 848 East Park Avenue is $0 currently.

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