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1850 West Merrill Lane

1850 West Merrill Lane, Gilbert, AZ 85233
Sold Jul 02, 2019
$405,000
$115,000 by Homeowners Financial Group Usa
Mortgage Due Aug 01, 2049
Sold Apr 03, 2019
$320,000
1850 West Merrill Lane 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 4 full bathrooms. There are 4 partial bathrooms. 1850 West Merrill Lane has 2,732 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 6,813 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 concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1850 West Merrill Lane sold most recently in Jun 24, 2019 for a total of $405,000. If you work out the math, that's approximately a cost of $148.24 per sqft. Before that, the property was also sold for $320,000 in Apr 2, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,151 in taxes each year. 1850 West Merrill Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,510. If we break it down further, the land itself was valued at $9,100. Improvements to the property, however, were assessed at a total of $36,410. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 9
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • 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: 6,813
  • Total Building Area: 2,732
  • Gross Building Area: 2,732
  • Building Area: 2,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EL DORADO LAKES GOLF COMMUNITY TRACT F
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EL DORADO LAKES GOLF COMMUNITY TRACT F MCR 388-44

Ownership

  • Current Owner : MEIER EVELYN
  • Previous Owner : MICKELSON RODNEY
  • Owner Before Previous Owner: WILTBANK GALE RONALD
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422307

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 38844
  • Subdivision Tract Number: F
  • Parcel: 302-09-410
  • Lot: 539
  • Meridian: SEC 3 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.3744
  • Longitude: -111.83

    Address

  • Full Address: 1850 W Merrill Ln
  • Address - House Number: 1850
  • Street Direction: W
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: C021
  • 4-Digit Zip Code: 1738
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,151
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 655,706
  • High Value: 739,840
  • Low Value: 571,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,000
  • First Open Lien Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • First Open Lien Mortgage Recording Date: Jul 02, 2019
  • First Open Lien Mortgage Loan Amount: $115,000
  • 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: Aug 01, 2049

    Market Valuation

  • Market Total Value: $455,100
  • Market Land Value: $91,000
  • Market Improvement Value: $364,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,510
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $36,410

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Transaction ID: 11619126603
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190503327
  • Previous Sale Recording Date: Apr 03, 2019
  • Previous Sale Contract Date: Apr 02, 2019
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • First Mortgage Transaction Date: Jul 02, 2019
  • First Mortgage Loan Amount: $115,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

About El Dorado Lakes Golf Community



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Frequently Asked Questions

What neighborhood is 1850 West Merrill Lane located in?
The 1850 West Merrill Lane is a house located in the neighborhood of El Dorado Lakes Golf Community in El Dorado Lakes Golf Community, Gilbert.
What is the average sales price for listings in 1850 West Merrill Lane?
The average sales price for units in 1850 West Merrill Lane is $0 currently.

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