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2690 South Banning Court

2690 South Banning Court, Gilbert, AZ 85295
Sold Jul 16, 2019
$470,000
$448,500 by Moria Development Inc
Mortgage Due Aug 01, 2045
Sold May 26, 2015
$368,000
$373,000 by Veterans United Home Loans
Mortgage Due Jun 01, 2045
2690 South Banning Court 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 2003 and is 21 years old. Residents will have access to 3 full bathrooms. There are 4 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, 2690 South Banning Court has 2,862 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 10,027 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. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 2690 South Banning Court sold most recently in Jun 19, 2019 for a total of $470,000. If you work out the math, that's approximately a cost of $164.22 per sqft. Before that, the property was also sold for $368,000 in May 19, 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 $3,163 in taxes each year. 2690 South Banning Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $54,630. If we break it down further, the land itself was valued at $10,920. Improvements to the property, however, were assessed at a total of $43,710. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 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: 10,027
  • Total Building Area: 2,862
  • Gross Building Area: 2,862
  • Building Area: 2,862
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,862
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHAPARRAL ESTATES WEST
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHAPARRAL ESTATES WEST MCR 531-33

Ownership

  • Current Owner : KLASEEN COLLIN
  • Current Owner 2: KLASEEN SAMANTH
  • Previous Owner : NEWSOM YEON S
  • Owner Before Previous Owner: THOMPSON BRIAN A
  • Owner Before Previous Owner 2: THOMPSON STACEY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Higley Unified District
  • Census Tract: 815501

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 53133
  • Parcel: 304-47-212
  • Lot: 115
  • Meridian: SEC 34 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3019
  • Longitude: -111.723

    Address

  • Full Address: 2690 S Banning St
  • Address - House Number: 2690
  • Street Direction: S
  • Address - Street Name: Banning
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R092
  • 4-Digit Zip Code: 1434
  • Zip Code: 85295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,163
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.1455
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 770,329
  • High Value: 882,431
  • Low Value: 658,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $448,500
  • First Open Lien Mortgage Lender: MORIA DEVELOPMENT INC
  • First Open Lien Mortgage Recording Date: Jul 17, 2020
  • First Open Lien Mortgage Loan Amount: $448,500
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045

    Market Valuation

  • Market Total Value: $546,300
  • Market Land Value: $109,200
  • Market Improvement Value: $437,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,630
  • Assessed Land Value: $10,920
  • Assessed Improvements Value: $43,710

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jul 16, 2019
  • Current Sale Transaction ID: 11621575963
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190536523
  • Previous Sale Recording Date: May 26, 2015
  • Previous Sale Contract Date: May 19, 2015
  • Previous Sale Amount: $368,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORIA DEVELOPMENT INC
  • First Mortgage Transaction Date: Jul 16, 2019
  • First Mortgage Loan Amount: $446,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: VETERANS UNITED HOME LOANS
  • Previous Mortgage Transaction Date: May 26, 2015
  • Previous Mortgage Loan Amount: $373,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2045

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Frequently Asked Questions

What neighborhood is 2690 South Banning Court located in?
The 2690 South Banning Court is a house located in the neighborhood of Chaparral Estates West in Chaparral Estates West, Gilbert.
What is the average sales price for listings in 2690 South Banning Court?
The average sales price for units in 2690 South Banning Court is $0 currently.

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