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2861 East Morgan Drive

2861 East Morgan Drive, Gilbert, AZ 85295
Property in Crossroads
Sold Jul 30, 2003
$154,135
$153,392 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2034
Sold Jul 30, 2003
$134,868
$138,721 by Wells Fargo Home Mortgage Inc
Mortgage Due Aug 01, 2033
2861 East Morgan Drive in Gilbert, AZ was first built in 2003 and is 21 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. 2861 East Morgan Drive has 1,840 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 10,370 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of concrete. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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. 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, 2861 East Morgan Drive was last sold in Jul 29, 2003 for $154,135. According to our calculations, that's $83.77 per sqft. Prior to that sales transaction, the property was sold for $134,868 in Jul 29, 2003. Current property owners are expected to pay $1,844 in taxes per year. The property on 2861 East Morgan Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $39,610. To break that down further, the land itself was valued at $7,920. While improvements to the property were assessed at a total of $31,690. 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. 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. 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.

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: 7
  • 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

    Dimensions

  • Lot Size Square Feet: 10,370
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CROSSROADS
  • Land Acres: 0.238
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CROSSROADS MCR 480-02

Ownership

  • Current Owner : MARTINEZ JUAN M
  • Previous Owner : PROVIDENCE HOMES INC
  • Owner Before Previous Owner: PROVIDENCE DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 48002
  • Parcel: 304-40-629
  • Lot: 284
  • Meridian: SEC 27 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3074
  • Longitude: -111.728

    Address

  • Full Address: 2861 E Morgan Dr
  • Address - House Number: 2861
  • Street Direction: E
  • Address - Street Name: Morgan
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R086
  • 4-Digit Zip Code: 3731
  • Zip Code: 85295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,844
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 552,671
  • High Value: 627,466
  • Low Value: 477,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,392
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 28, 2019
  • First Open Lien Mortgage Loan Amount: $153,392
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2034

    Market Valuation

  • Market Total Value: $396,100
  • Market Land Value: $79,200
  • Market Improvement Value: $316,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,610
  • Assessed Land Value: $7,920
  • Assessed Improvements Value: $31,690

    Sales

  • Current Sale Contract Date: Jul 29, 2003
  • Current Sale Recording Date: Jul 30, 2003
  • Current Sale Transaction ID: 1016265379
  • Current Sale Price: $154,135
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2003-1019418
  • Previous Sale Recording Date: Jul 30, 2003
  • Previous Sale Contract Date: Jul 29, 2003
  • Previous Sale Amount: $134,868
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Mortgage Transaction Date: Jul 30, 2003
  • First Mortgage Loan Amount: $138,721
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 30, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $138,721
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2033

About Crossroads



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Frequently Asked Questions

What neighborhood is 2861 East Morgan Drive located in?
The 2861 East Morgan Drive is a located in the neighborhood of Crossroads in Crossroads, Gilbert.
What is the average sales price for listings in 2861 East Morgan Drive?
The average sales price for units in 2861 East Morgan Drive is $0 currently.

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