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2979 East Lowell Avenue

2979 East Lowell Avenue, Gilbert, AZ 85295
Sold Apr 03, 2014
$465,000
$364,500 by Moria Development Inc
Mortgage Due Dec 01, 2050
Sold Feb 01, 2010
$467,000
Seller
$280,000 by Bank Of America Na
Mortgage Due Feb 01, 2040
2979 East Lowell Avenue in Gilbert, AZ was first built in 2001 and is 23 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 5 full bathrooms. There are 6 partial bathrooms. 2979 East Lowell Avenue has 6,530 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 38,540 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. There are a total of 4 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 B. 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. The property was last sold in Apr 1, 2014 for $465,000. That's $71.21 per sqft. Prior to that sales transaction, the property was also sold in Jan 19, 2010 for $467,000. 2979 East Lowell Avenue was last assessed in 2023. The total value of the property was assessed at $110,450. Specifically, the land the property is located on was valued at $22,090. While improvements on the property were assessed at a total of $88,360. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,949. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 38,540
  • Total Building Area: 6,530
  • Gross Building Area: 6,530
  • Building Area: 6,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 6,530
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHAPARRAL ESTATES WEST
  • Land Acres: 0.885
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHAPARRAL ESTATES WEST MCR 531-33

Ownership

  • Current Owner : JONES MARSHALL J
  • Current Owner 2: JONES SHIRLEY D
  • Previous Owner : MALONE WALTER
  • Owner Before Previous Owner: CITIBANK NA
  • Ownership Rights Codes: Family Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-35

Geography

  • Assessors Map Reference: 53133
  • Parcel: 304-47-103
  • Lot: 6
  • Meridian: SEC 34 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3001
  • Longitude: -111.726

    Address

  • Full Address: 2979 E Lowell Ave
  • Address - House Number: 2979
  • Street Direction: E
  • Address - Street Name: Lowell
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R092
  • 4-Digit Zip Code: 1792
  • Zip Code: 85295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,949
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.13
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 1,504,635
  • High Value: 1,700,268
  • Low Value: 1,309,002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $364,500
  • First Open Lien Mortgage Lender: MORIA DEVELOPMENT INC
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Loan Amount: $364,500
  • 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, 2050

    Market Valuation

  • Market Total Value: $1,104,500
  • Market Land Value: $220,900
  • Market Improvement Value: $883,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,450
  • Assessed Land Value: $22,090
  • Assessed Improvements Value: $88,360

    Sales

  • Current Sale Contract Date: Apr 01, 2014
  • Current Sale Recording Date: Apr 03, 2014
  • Current Sale Transaction ID: 1005922869
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-0214386
  • Previous Sale Recording Date: Feb 01, 2010
  • Previous Sale Contract Date: Jan 19, 2010
  • Previous Sale Amount: $467,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORIA DEVELOPMENT INC
  • First Mortgage Transaction Date: Apr 03, 2014
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Feb 01, 2010
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2040

About Chaparral Estates West



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Frequently Asked Questions

What neighborhood is 2979 East Lowell Avenue located in?
The 2979 East Lowell Avenue 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 2979 East Lowell Avenue?
The average sales price for units in 2979 East Lowell Avenue is $0 currently.

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