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1101 West Bruce Avenue

1101 West Bruce Avenue, Gilbert, AZ 85233
Property in Summer Meadows
Sold Jul 24, 2023
$591,000
$531,900 by United Wholesale Mortgage Llc
Mortgage Due Aug 01, 2053
Sold Mar 26, 1999
$167,355
1101 West Bruce Avenue has been categorized by the local assessors in Gilbert, AZ as a residential type of property. The building on the property was first built in 1998 and is 26 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1101 West Bruce Avenue has 2,274 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,050 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of wood. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1101 West Bruce Avenue was last sold in Jul 24, 2023 for $591,000. According to our calculations, that's $259.89 per sqft. Prior to that sales transaction, the property was sold for $167,355 in Dec 22, 1998. Current property owners are expected to pay $2,117 in taxes per year. The property on 1101 West Bruce Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $41,850. To break that down further, the land itself was valued at $8,370. While improvements to the property were assessed at a total of $33,480. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • 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: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,050
  • Total Building Area: 2,274
  • Gross Building Area: 2,274
  • Building Area: 2,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,274
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUMMER MEADOWS PARCEL 3
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUMMER MEADOWS PARCEL 3 MCR 428-46

Ownership

  • Current Owner : NASIR AMGAD AWAD MUKHTAR
  • Current Owner 2: AHMED RAMA AHMED
  • Previous Owner : LEE GIYOON
  • Owner Before Previous Owner: SHEA HOMES ARIZONA LTD PARTNERSHIP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 42846
  • Parcel: 310-09-225
  • Lot: 71
  • Meridian: SEC 11 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.351
  • Longitude: -111.814

    Address

  • Full Address: 1101 W Bruce Ave
  • Address - House Number: 1101
  • Street Direction: W
  • Address - Street Name: Bruce
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R057
  • 4-Digit Zip Code: 5237
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,117
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 575,019
  • High Value: 609,442
  • Low Value: 540,596

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $531,900
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 24, 2023
  • First Open Lien Mortgage Loan Amount: $531,900
  • 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, 2053

    Market Valuation

  • Market Total Value: $418,500
  • Market Land Value: $83,700
  • Market Improvement Value: $334,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,850
  • Assessed Land Value: $8,370
  • Assessed Improvements Value: $33,480

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Transaction ID: 11909848156
  • Current Sale Price: $591,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 385001
  • Previous Sale Recording Date: Mar 26, 1999
  • Previous Sale Contract Date: Dec 22, 1998
  • Previous Sale Amount: $167,355
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 24, 2023
  • First Mortgage Loan Amount: $531,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Loan Type: New Conventional

About Summer Meadows



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Frequently Asked Questions

What neighborhood is 1101 West Bruce Avenue located in?
The 1101 West Bruce Avenue is a located in the neighborhood of Summer Meadows in Summer Meadows, Gilbert.
What is the average sales price for listings in 1101 West Bruce Avenue?
The average sales price for units in 1101 West Bruce Avenue is $0 currently.

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