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2070 East Arabian Drive

2070 East Arabian Drive, Gilbert, AZ 85296
Sold Sep 14, 2021
$430,000
$255,000 by Sun West Mortgage Company Inc
Mortgage Due Oct 01, 2051
Sold Jul 31, 2015
$227,000
$181,600 by Bell State Bank & Trust
Mortgage Due Aug 01, 2045
Local assessors in Gilbert, AZ have categorized 2070 East Arabian Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 5,506 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2070 East Arabian Drive has a total of 1,625 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. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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. 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, 2070 East Arabian Drive sold most recently in Sep 8, 2021 for a total of $430,000. If you work out the math, that's approximately a cost of $264.62 per sqft. Before that, the property was also sold for $227,000 in Jul 23, 2015. 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 $1,768 in taxes each year. 2070 East Arabian Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,860. If we break it down further, the land itself was valued at $6,770. Improvements to the property, however, were assessed at a total of $27,090. 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. 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. 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • 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: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,506
  • Total Building Area: 1,625
  • Gross Building Area: 1,625
  • Building Area: 1,625
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,625
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FINLEY FARMS SOUTH PARCEL 17
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FINLEY FARMS SOUTH PARCEL 17 MCR 402-37

Ownership

  • Current Owner : ALLEN NEAL
  • Current Owner 2: ARANA ERIN
  • Previous Owner : LUKE JORDAN
  • Owner Before Previous Owner: FAYED DREAM HOMES LLC

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422512

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 40237
  • Parcel: 309-11-099
  • Lot: 99
  • Meridian: SEC 16 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3365
  • Longitude: -111.745

    Address

  • Full Address: 2070 E Arabian Dr
  • Address - House Number: 2070
  • Street Direction: E
  • Address - Street Name: Arabian
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R049
  • 4-Digit Zip Code: 3333
  • Zip Code: 85296

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,768
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1422
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 483,687
  • High Value: 552,487
  • Low Value: 414,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Loan Amount: $255,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $338,600
  • Market Land Value: $67,700
  • Market Improvement Value: $270,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,860
  • Assessed Land Value: $6,770
  • Assessed Improvements Value: $27,090

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Transaction ID: 11855118185
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210992911
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Contract Date: Jul 23, 2015
  • Previous Sale Amount: $227,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Sep 14, 2021
  • First Mortgage Loan Amount: $255,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BELL STATE BANK & TRUST
  • Previous Mortgage Transaction Date: Jul 31, 2015
  • Previous Mortgage Loan Amount: $181,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Finley Farms



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Frequently Asked Questions

What neighborhood is 2070 East Arabian Drive located in?
The 2070 East Arabian Drive is a located in the neighborhood of Finley Farms South in Finley Farms, Gilbert.
What is the average sales price for listings in 2070 East Arabian Drive?
The average sales price for units in 2070 East Arabian Drive is $0 currently.

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