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3525 East Melody Lane

3525 East Melody Lane, Gilbert, AZ 85234
Property in Cameron Ranch
Sold May 27, 2008
$320,900
$244,000 by Cole Taylor Bank
Mortgage Due Nov 01, 2028
3525 East Melody Lane in Gilbert, AZ was first built in 2008 and is 16 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3525 East Melody Lane has 3,367 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 6,600 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 3 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. 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, 3525 East Melody Lane sold most recently in Apr 8, 2008 for a total of $320,900. If you work out the math, that's approximately a cost of $95.31 per sqft. 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 $2,758 in taxes each year. 3525 East Melody Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,910. If we break it down further, the land itself was valued at $9,380. Improvements to the property, however, were assessed at a total of $37,530. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • 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: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 3,367
  • Gross Building Area: 3,367
  • Building Area: 3,367
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,367
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAMERON RANCH
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAMERON RANCH MCR 778-46

Ownership

  • Current Owner : LU YANG GUN
  • Current Owner 2: LU YANG CHUN
  • Previous Owner : KB HOME SALES PHOENIX INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422621

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 77846
  • Parcel: 313-11-157
  • Lot: 100
  • Meridian: SEC 2 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3754
  • Longitude: -111.715

    Address

  • Full Address: 3525 E Melody Ln
  • Address - House Number: 3525
  • Street Direction: E
  • Address - Street Name: Melody
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R095
  • 4-Digit Zip Code: 1729
  • Zip Code: 85234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,758
  • Tax Rate Code Area: 410609

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 713,306
  • High Value: 809,841
  • Low Value: 616,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: COLE TAYLOR BANK
  • First Open Lien Mortgage Recording Date: Oct 11, 2013
  • First Open Lien Mortgage Loan Amount: $244,000
  • 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: Nov 01, 2028

    Market Valuation

  • Market Total Value: $469,100
  • Market Land Value: $93,800
  • Market Improvement Value: $375,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,910
  • Assessed Land Value: $9,380
  • Assessed Improvements Value: $37,530

    Sales

  • Current Sale Contract Date: Apr 08, 2008
  • Current Sale Recording Date: May 27, 2008
  • Current Sale Transaction ID: 1017781684
  • Current Sale Price: $320,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2008-0464142

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE KB HOME LOANS
  • First Mortgage Transaction Date: May 27, 2008
  • First Mortgage Loan Amount: $288,810
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2038

About Cameron Ranch



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Frequently Asked Questions

What neighborhood is 3525 East Melody Lane located in?
The 3525 East Melody Lane is a located in the neighborhood of Cameron Ranch in Cameron Ranch, Gilbert.
What is the average sales price for listings in 3525 East Melody Lane?
The average sales price for units in 3525 East Melody Lane is $0 currently.

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