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364 East Morgan Drive

364 East Morgan Drive, Gilbert, AZ 85295
Property in Maricopa
Sold Nov 29, 2002
$538,000
$332,300 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2050
Sold Oct 25, 1999
$295,000
$236,000 by Equity One Inc
Mortgage Due Nov 01, 2014
Local assessors in Gilbert, AZ have categorized 364 East Morgan Drive 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 55,495 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 5 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 364 East Morgan Drive has a total of 3,700 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 municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 asphalt and ply sheets in a built-up roof style. 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, 364 East Morgan Drive was last sold in Nov 5, 2002 for $538,000. According to our calculations, that's $145.41 per sqft. Prior to that sales transaction, the property was sold for $295,000 in Oct 18, 1999. Current property owners are expected to pay $4,813 in taxes per year. The property on 364 East Morgan Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $96,200. To break that down further, the land itself was valued at $19,240. While improvements to the property were assessed at a total of $76,960. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 55,495
  • Total Building Area: 3,700
  • Gross Building Area: 3,700
  • Building Area: 3,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.274
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E 330F OF S2 SW4 SEC EX S 706F & EX ANY PT LY WI/IN 26F WIDE STRIP OF LAND LY 13F ON EA SIDE OF C/L OF DITCH KNOWN AS LATERAL GATE NO 13 OF EASTERN CANAL DAF COM SW COR SEC 29 TH E 309.3F TH N 29.8F T O POB DESC C/L TH W 334.3F TH N 1288.2F TH W 5158

Ownership

  • Current Owner : WARD KEVIN H
  • Current Owner 2: WARD JOSEPHINE
  • Previous Owner : BLACK KELLY R
  • Previous Owner 2: BLACK MERLINE
  • Owner Before Previous Owner: BISHOP STEVEN K
  • Owner Before Previous Owner 2: BISHOP LISA R
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 814900

Zoning

  • Zoning: R-43

Geography

  • Parcel: 304-43-261-B
  • Meridian: SEC 30 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3088
  • Longitude: -111.782

    Address

  • Full Address: 364 E Morgan Dr
  • Address - House Number: 364
  • Street Direction: E
  • Address - Street Name: Morgan
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R033
  • 4-Digit Zip Code: 5258
  • Zip Code: 85295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,813
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1047
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 1,339,859
  • High Value: 1,480,227
  • Low Value: 1,199,492

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,300
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 06, 2020
  • First Open Lien Mortgage Loan Amount: $332,300
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $962,000
  • Market Land Value: $192,400
  • Market Improvement Value: $769,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,200
  • Assessed Land Value: $19,240
  • Assessed Improvements Value: $76,960

    Sales

  • Current Sale Contract Date: Nov 05, 2002
  • Current Sale Recording Date: Nov 29, 2002
  • Current Sale Transaction ID: 1012552030
  • Current Sale Price: $538,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2002-1274254
  • Previous Sale Recording Date: Oct 25, 1999
  • Previous Sale Contract Date: Oct 18, 1999
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: Nov 29, 2002
  • First Mortgage Loan Amount: $430,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2032
  • Second Mortgage Loan Amount: $53,800

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY ONE INC
  • Previous Mortgage Transaction Date: Oct 25, 1999
  • Previous Mortgage Loan Amount: $236,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2014

About Gilbert



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Frequently Asked Questions

What neighborhood is 364 East Morgan Drive located in?
The 364 East Morgan Drive is a located in the neighborhood of Maricopa in Gilbert, Gilbert.
What is the average sales price for listings in 364 East Morgan Drive?
The average sales price for units in 364 East Morgan Drive is $0 currently.

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