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2838 East Megan Street

2838 East Megan Street, Gilbert, AZ 85295
House in Lyons Gate
Sold Dec 01, 2021
$480,000
$632,332,000 by German American Capital Corpor
Mortgage
Sold Jan 07, 2020
$285,000
$285,000 by Mortgage Research Center Llc
Mortgage Due Feb 01, 2050
2838 East Megan Street 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 2006 and is 18 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2838 East Megan Street has 1,884 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 3,111 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 2 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2838 East Megan Street was last sold in Nov 16, 2021 for $480,000. According to our calculations, that's $254.78 per sqft. Prior to that sales transaction, the property was sold for $285,000 in Nov 27, 2019. Current property owners are expected to pay $1,862 in taxes per year. The property on 2838 East Megan Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $32,020. To break that down further, the land itself was valued at $6,400. While improvements to the property were assessed at a total of $25,620. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,111
  • Total Building Area: 1,884
  • Gross Building Area: 1,884
  • Building Area: 1,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LYONS GATE PHASE 1 AND 2
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LYONS GATE PHASE 1 AND 2 MCR 752-16

Ownership

  • Current Owner : SFR INVESTMENTS V BORROWER 1 LLC
  • Previous Owner : ARAUJO SANTIAGO
  • Previous Owner 2: ZULUAGA HEIDI P
  • Owner Before Previous Owner: KHALID SAKARA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Higley Unified District
  • Census Tract: 815100

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 75216
  • Subdivision Phase Number: 1&2
  • Parcel: 313-13-029
  • Lot: 29
  • Meridian: SEC 27 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.321
  • Longitude: -111.729

    Address

  • Full Address: 2838 E Megan St
  • Address - House Number: 2838
  • Street Direction: E
  • Address - Street Name: Megan
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R076
  • 4-Digit Zip Code: 5181
  • Zip Code: 85295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,862
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 495,031
  • High Value: 583,534
  • Low Value: 406,528

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $632,332,000
  • First Open Lien Mortgage Lender: GERMAN AMERICAN CAPITAL CORPOR
  • First Open Lien Mortgage Recording Date: Jul 15, 2022
  • First Open Lien Mortgage Loan Amount: $632,332,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $320,200
  • Market Land Value: $64,000
  • Market Improvement Value: $256,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,020
  • Assessed Land Value: $6,400
  • Assessed Improvements Value: $25,620

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11870349926
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211276031
  • Previous Sale Recording Date: Jan 07, 2020
  • Previous Sale Contract Date: Nov 27, 2019
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Jan 07, 2020
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2050

About Lyons Gate



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Frequently Asked Questions

What neighborhood is 2838 East Megan Street located in?
The 2838 East Megan Street is a house located in the neighborhood of Lyons Gate in Lyons Gate, Gilbert.
What is the average sales price for listings in 2838 East Megan Street?
The average sales price for units in 2838 East Megan Street is $0 currently.

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