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1162 North Cole Drive

1162 North Cole Drive, Gilbert, AZ 85234
Sold Jun 01, 2020
$416,000
$241,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2050
Sold Aug 12, 2009
$247,000
$242,526 by Metlife Home Loans
Mortgage Due Sep 01, 2039
1162 North Cole Drive in Gilbert, AZ was first built in 1996 and is 28 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1162 North Cole Drive has 2,466 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,865 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of concrete. For those who need parking, there is a garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. The property was last sold in May 22, 2020 for $416,000. That's $168.69 per sqft. Prior to that sales transaction, the property was also sold in Jun 19, 2009 for $247,000. 1162 North Cole Drive was last assessed in 2023. The total value of the property was assessed at $42,900. Specifically, the land the property is located on was valued at $8,580. While improvements on the property were assessed at a total of $34,320. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,113. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 8
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,865
  • Total Building Area: 2,466
  • Gross Building Area: 2,466
  • Building Area: 2,466
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,466
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAROL RAE RANCH
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAROL RAE RANCH MCR 395-24

Ownership

  • Current Owner : CASPER V JOHN BERNARD V
  • Current Owner 2: CASPER CARLY LOUISE
  • Previous Owner : THOMAS KEITH
  • Previous Owner 2: THOMAS BECKY
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422621

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 39524
  • Parcel: 304-07-521
  • Lot: 479
  • Meridian: SEC 2 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3714
  • Longitude: -111.709

    Address

  • Full Address: 1162 N Cole Dr
  • Address - House Number: 1162
  • Street Direction: N
  • Address - Street Name: Cole
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R059
  • 4-Digit Zip Code: 3010
  • Zip Code: 85234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,113
  • Tax Rate Code Area: 410609

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 621,850
  • High Value: 712,793
  • Low Value: 530,908

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 01, 2020
  • First Open Lien Mortgage Loan Amount: $241,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $429,000
  • Market Land Value: $85,800
  • Market Improvement Value: $343,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,900
  • Assessed Land Value: $8,580
  • Assessed Improvements Value: $34,320

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: Jun 01, 2020
  • Current Sale Transaction ID: 11766542496
  • Current Sale Price: $416,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200471091
  • Previous Sale Recording Date: Aug 12, 2009
  • Previous Sale Contract Date: Jun 19, 2009
  • Previous Sale Amount: $247,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 01, 2020
  • First Mortgage Loan Amount: $241,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE HOME LOANS
  • Previous Mortgage Transaction Date: Aug 12, 2009
  • Previous Mortgage Loan Amount: $242,526
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2039

About Carol Rae Ranch



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Frequently Asked Questions

What neighborhood is 1162 North Cole Drive located in?
The 1162 North Cole Drive is a house located in the neighborhood of Carol Rae Ranch in Carol Rae Ranch, Gilbert.
What is the average sales price for listings in 1162 North Cole Drive?
The average sales price for units in 1162 North Cole Drive is $0 currently.

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