Check Availability

261 East Mesquite Street

261 East Mesquite Street, Gilbert, AZ 85296
Sold Dec 23, 2021
$532,000
$477,000 by Axos Bank
Mortgage Due Jan 01, 2052
Sold May 22, 2019
$297,000
$117,000 by Bank Of America Na
Mortgage Due Jun 01, 2049
261 East Mesquite Street in Gilbert, AZ was first built in 1997 and is 27 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 261 East Mesquite Street has 1,576 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 6,739 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 2 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. 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, 261 East Mesquite Street sold most recently in Dec 20, 2021 for a total of $532,000. If you work out the math, that's approximately a cost of $337.56 per sqft. Before that, the property was also sold for $297,000 in May 17, 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 $1,593 in taxes each year. 261 East Mesquite Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,510. If we break it down further, the land itself was valued at $7,300. Improvements to the property, however, were assessed at a total of $29,210. 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: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • 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: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,739
  • Total Building Area: 1,576
  • Gross Building Area: 1,576
  • Building Area: 1,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,576
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARMHOUSE MEADOWS
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FARMHOUSE MEADOWS MCR 408-23

Ownership

  • Current Owner : CAPONE MARIA C
  • Current Owner 2: CAPONE ERIC D
  • Previous Owner : SAVARD MONICA
  • Owner Before Previous Owner: ROBERT P SNODGRASS & ILLA F SNODGRASS TR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422404

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 40823
  • Parcel: 309-12-241
  • Lot: 127
  • Meridian: SEC 18 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3444
  • Longitude: -111.785

    Address

  • Full Address: 261 E Mesquite St
  • Address - House Number: 261
  • Street Direction: E
  • Address - Street Name: Mesquite
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R004
  • 4-Digit Zip Code: 1612
  • Zip Code: 85296

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,593
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.132
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 542,111
  • High Value: 613,694
  • Low Value: 470,528

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $477,000
  • First Open Lien Mortgage Lender: AXOS BANK
  • First Open Lien Mortgage Recording Date: Dec 23, 2021
  • First Open Lien Mortgage Loan Amount: $477,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $365,100
  • Market Land Value: $73,000
  • Market Improvement Value: $292,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,510
  • Assessed Land Value: $7,300
  • Assessed Improvements Value: $29,210

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Transaction ID: 11875639040
  • Current Sale Price: $532,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211364197
  • Previous Sale Recording Date: May 22, 2019
  • Previous Sale Contract Date: May 17, 2019
  • Previous Sale Amount: $297,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXOS BANK
  • First Mortgage Transaction Date: Dec 23, 2021
  • First Mortgage Loan Amount: $477,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: May 22, 2019
  • Previous Mortgage Loan Amount: $117,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Farmhouse Meadows



Similar Buildings

House at 261 East Mesquite Street,

521 South Ash Street

  • 1 Unit for Sale
521 South Ash Street, Gilbert, AZ 85233
House at 261 East Mesquite Street,

620 South Riata Street

  • 1 Unit for Sale
620 South Riata Street, Gilbert, AZ 85296
House at 261 East Mesquite Street,

659 East Washington Avenue

  • 1 Unit for Sale
659 East Washington Avenue, Gilbert, AZ 85234
House at 261 East Mesquite Street,

461 East Commerce Avenue

  • 1 Unit for Sale
461 East Commerce Avenue, Gilbert, AZ 85234
House at 261 East Mesquite Street,

1218 South Park Grove Court

  • 1 Unit for Sale
1218 South Park Grove Court, Gilbert, AZ 85296
House at 261 East Mesquite Street,

240 West Juniper Avenue

  • 1 Unit for Sale
240 West Juniper Avenue, Gilbert, AZ 85233
House at 261 East Mesquite Street,

713 East Tremaine Avenue

  • 1 Unit for Sale
713 East Tremaine Avenue, Gilbert, AZ 85234
House at 261 East Mesquite Street,

310 West Sheffield Avenue

  • 1 Unit for Sale
310 West Sheffield Avenue, Gilbert, AZ 85233
House at 261 East Mesquite Street,

1415 South Park Grove Circle

  • 1 Unit for Sale
1415 South Park Grove Circle, Gilbert, AZ 85296

Nearby Rentals

Unit for rent at 1134 E Douglas Avenue, Gilbert, AZ, 85234

$2,350 /mo

  • 4 Beds
  • 2 Baths
  • 1,680 ft²
1134 E Douglas Avenue, Gilbert, AZ, 85234 Listing by David Thomas
Unit for rent at 755 W Baylor Lane, Gilbert, AZ, 85233

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,279 ft²
755 W Baylor Lane, Gilbert, AZ, 85233 Listing by Janette Blaser
Unit for rent at 1019 E Windsor Drive, Gilbert, AZ, 85296

$2,295 /mo

  • 3 Beds
  • 2 Baths
  • 1,868 ft²
1019 E Windsor Drive, Gilbert, AZ, 85296 Listing by Rachel Nally
Unit for rent at 605 N Granite Street, Gilbert, AZ, 85234

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,383 ft²
605 N Granite Street, Gilbert, AZ, 85234 Listing by Heintje Tjahja
Unit for rent at 305 S Monterey Street, Gilbert, AZ, 85233

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,285 ft²
305 S Monterey Street, Gilbert, AZ, 85233 Listing by Marie Olgin

Frequently Asked Questions

What neighborhood is 261 East Mesquite Street located in?
The 261 East Mesquite Street is a house located in the neighborhood of Farmhouse Meadows in Farmhouse Meadows, Gilbert.
What is the average sales price for listings in 261 East Mesquite Street?
The average sales price for units in 261 East Mesquite Street is $475,000 , or $301/sqft. currently.

Quantcast