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2863 East Longhorn Drive

2863 East Longhorn Drive, Gilbert, AZ 85297
House in Maricopa
Sold Nov 08, 2019
$470,000
$150,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2034
Sold Dec 11, 2012
$373,608
$352,309 by Imortgage.com Inc
Mortgage Due Jan 01, 2043
Local assessors in Gilbert, AZ have categorized 2863 East Longhorn Drive as a residential type of property. The home was built in 2012 and is 12 years old. The property's lot size has been calculated to be 8,750 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2863 East Longhorn Drive has a total of 2,826 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 3 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. 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. The building has a roof that is made of concrete. Lots of a combination of material 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, 2863 East Longhorn Drive sold most recently in Nov 5, 2019 for a total of $470,000. If you work out the math, that's approximately a cost of $166.31 per sqft. Before that, the property was also sold for $373,608 in Dec 10, 2012. 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 $3,620 in taxes each year. 2863 East Longhorn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,670. If we break it down further, the land itself was valued at $11,130. Improvements to the property, however, were assessed at a total of $44,540. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

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

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 8,750
  • Total Building Area: 2,826
  • Gross Building Area: 2,826
  • Building Area: 2,826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,826
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIGLEY MANOR PHASE 1 AND 2
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGLEY MANOR PHASE 1 AND 2 MCR 1103-24

Ownership

  • Current Owner : NGUYEN DUNG NGOC
  • Current Owner 2: NGUYEN SU THANH
  • Previous Owner : KHOUNVICHITH KIKO
  • Owner Before Previous Owner: MERITAGE HOMES OF ARIZONA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Higley Unified District
  • Census Tract: 815401

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: MB 110324
  • Subdivision Phase Number: 1&2
  • Parcel: 304-53-423
  • Lot: 52
  • Meridian: SEC 3 TWN 2S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.2906
  • Longitude: -111.728

    Address

  • Full Address: 2863 E Longhorn Dr
  • Address - House Number: 2863
  • Street Direction: E
  • Address - Street Name: Longhorn
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R109
  • 4-Digit Zip Code: 2136
  • Zip Code: 85297

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,620
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 737,615
  • High Value: 872,742
  • Low Value: 602,488

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 08, 2019
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: Dec 01, 2034

    Market Valuation

  • Market Total Value: $556,700
  • Market Land Value: $111,300
  • Market Improvement Value: $445,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,670
  • Assessed Land Value: $11,130
  • Assessed Improvements Value: $44,540

    Sales

  • Current Sale Contract Date: Nov 05, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Transaction ID: 11676653617
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190903303
  • Previous Sale Recording Date: Dec 11, 2012
  • Previous Sale Contract Date: Dec 10, 2012
  • Previous Sale Amount: $373,608
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 08, 2019
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: IMORTGAGE.COM INC
  • Previous Mortgage Transaction Date: Dec 11, 2012
  • Previous Mortgage Loan Amount: $352,309
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Gilbert



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Frequently Asked Questions

What neighborhood is 2863 East Longhorn Drive located in?
The 2863 East Longhorn Drive is a house located in the neighborhood of Maricopa in Gilbert, Gilbert.
What is the average sales price for listings in 2863 East Longhorn Drive?
The average sales price for units in 2863 East Longhorn Drive is $0 currently.

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