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2950 East Sherri Court

2950 East Sherri Court, Gilbert, AZ 85296
Property in Rancho Corona
Sold Nov 09, 2023
$650,000
$350,000 by United Wholesale Mortgage Llc
Mortgage Due Dec 01, 2053
Sold Feb 28, 2022
$610,000
$609,000 by Bell Rock Income Fund 1 Llc
Mortgage
Local assessors in Gilbert, AZ have categorized 2950 East Sherri Court as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 8,873 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 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 2950 East Sherri Court has a total of 2,584 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of concrete. Lots of wood 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. 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, 2950 East Sherri Court was last sold in Nov 9, 2023 for $650,000. According to our calculations, that's $251.55 per sqft. Prior to that sales transaction, the property was sold for $610,000 in Feb 25, 2022. Current property owners are expected to pay $2,798 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 2950 East Sherri Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $45,570. To break that down further, the land itself was valued at $9,110. While improvements to the property were assessed at a total of $36,460. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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

    Dimensions

  • Lot Size Square Feet: 8,873
  • Total Building Area: 2,584
  • Gross Building Area: 2,584
  • Building Area: 2,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,584
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RANCHO CORONA
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RANCHO CORONA MCR 441-15

Ownership

  • Current Owner : BURNS QUINTEN
  • Current Owner 2: BURNS HANNAH
  • Previous Owner : FORESIGHT REALTY LLC
  • Owner Before Previous Owner: MORGAN PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Higley Unified District
  • Census Tract: 814700

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 44115
  • Parcel: 309-15-131
  • Lot: 131
  • Municipality: GILBERT
  • Latitude: 33.3293
  • Longitude: -111.727

    Address

  • Full Address: 2950 E Sherri Ct
  • Address - House Number: 2950
  • Street Direction: E
  • Address - Street Name: Sherri
  • Address - Suffix Type: Ct
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R114
  • 4-Digit Zip Code: 8869
  • Zip Code: 85296

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,798
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 625,922
  • High Value: 663,393
  • Low Value: 588,452

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 09, 2023
  • First Open Lien Mortgage Loan Amount: $350,000
  • 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: Dec 01, 2053

    Market Valuation

  • Market Total Value: $455,700
  • Market Land Value: $91,100
  • Market Improvement Value: $364,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,570
  • Assessed Land Value: $9,110
  • Assessed Improvements Value: $36,460

    Sales

  • Current Sale Contract Date: Nov 09, 2023
  • Current Sale Recording Date: Nov 09, 2023
  • Current Sale Transaction ID: 11915638255
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 580611
  • Previous Sale Recording Date: Feb 28, 2022
  • Previous Sale Contract Date: Feb 25, 2022
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 09, 2023
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BELL ROCK INCOME FUND 1 LLC
  • Previous Mortgage Transaction Date: Feb 28, 2022
  • Previous Mortgage Loan Amount: $609,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 2950 East Sherri Court located in?
The 2950 East Sherri Court is a located in the neighborhood of Rancho Corona in Rancho Corona, Gilbert.
What is the average sales price for listings in 2950 East Sherri Court?
The average sales price for units in 2950 East Sherri Court is $0 currently.

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