See Home Value
$679,000*
House - Off Market

4251 E LEXINGTON Avenue

Gilbert, AZ 85234
bedrooms
Studio
bathrooms
3 Baths
square feet
2562 Sqft
$612,000 - $746,000
Reference Base Price*
0.00%
Since Dec 1, 2023
AZ-Phoenix
Primary Model
Sold Nov 13, 2023
$670,000
$469,000 by Tri City National Bank
Mortgage Due Dec 01, 2053
Sold Feb 28, 2017
$349,000

About This Property

Step into your dream home in the heart of the highly coveted Highland Groves at Morrison Ranch featuring a spacious 4-bedroom + loft, 3-bathroom, and a 3-car garage floor plan. The main level features a charming guest bath and a cozy bedroom with a separate exit leading to your very own backyard oasis. The kitchen is a chef's delight, boasting upgraded cabinets, stainless steel appliances, a gas stove, granite counters, and stylish pendant lighting that illuminates the space perfectly. This home is light and bright with designer paint from 2023, plantation shutters, and new fixtures throughout. If you love entertaining, you'll be delighted by the tropical backyard with a beautiful fenced pool and mature landscape.  Another highlight is the incredible location! You'll be just a *MORE stone's throw away from the park, making it easy to take leisurely strolls and enjoy the community's stocked fishing lakes, tree-lined streets, and lovely parks. The community offers the perfect setting for families, close to tons of shopping, restaurants and top-rated schools! Hurry!
Unit Size
2,562Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$265
Property Type
House
Property Taxes
$233
HOA Dues
$375
Year Built
2007

Price History

Date / Event Date Event Price
Nov 13, 2023 Sold to Bachan Singh $670,000
Sold to Bachan Singh
Nov 12, 2023 No longer available -
No longer available
Sep 23, 2023 In contract -
In contract
Sep 17, 2023 No longer available -
No longer available
Sep 15, 2023 Price Decreased $679,000
↓ $16K (2.3%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • 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
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,325
  • Total Building Area: 2,562
  • Gross Building Area: 2,562
  • Building Area: 2,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND GROVES AT MORRISON RANCH
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGHLAND GROVES AT MORRISON RANCH MCR 715-18

Ownership

  • Current Owner : SINGH BACHAN
  • Previous Owner : MICHAEL ANDRESON 2015 TRUST
  • Owner Before Previous Owner: NIELSEN JEREMY R
  • Owner Before Previous Owner 2: NIELSEN BARBARA N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422623

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 71518
  • Parcel: 313-12-682
  • Lot: 317
  • Meridian: SEC 12 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3553
  • Longitude: -111.699

    Address

  • Full Address: 4251 E Lexington Ave
  • Address - House Number: 4251
  • Street Direction: E
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R082
  • 4-Digit Zip Code: 0729
  • Zip Code: 85234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,884
  • Tax Rate Code Area: 410616

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 653,381
  • High Value: 741,807
  • Low Value: 564,956

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $469,000
  • First Open Lien Mortgage Lender: TRI CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Nov 13, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $469,000
  • 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: $458,100
  • Market Land Value: $91,600
  • Market Improvement Value: $366,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,810
  • Assessed Land Value: $9,160
  • Assessed Improvements Value: $36,650

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Nov 13, 2023
  • Current Sale Transaction ID: 11915772505
  • Current Sale Price: $670,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 583276
  • Previous Sale Recording Date: Feb 28, 2017
  • Previous Sale Contract Date: Feb 21, 2017
  • Previous Sale Amount: $349,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRI CITY NATIONAL BANK
  • First Mortgage Transaction Date: Nov 13, 2023
  • First Mortgage Loan Amount: $469,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
3 Baths
2,930 ft²
$208/ft²
$609,000 Jul 13, 2023
-
$297/mo
Other
Loft
3 Baths
3,098 ft²
$242/ft²
$750,000 Jun 29, 2023
-
$595/mo
Other
Loft
3 Baths
2,226 ft²
$254/ft²
$565,000 Aug 30, 2023
-
$256/mo
Other
Loft
3 Baths
3,242 ft²
$225/ft²
$729,900 Aug 2, 2023
-
$609/mo

About Highland Groves at Morrison Ranch


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Frequently Asked Questions

When was property at 4251 East Lexington Avenue built and last sold?
The property at 4251 East Lexington Avenue was built in 2007 and last sold on Nov 13, 2023 for $670,000.
How much is this home worth?
The estimated value of the home located at 4251 East Lexington Avenue is $701,950.
What are some comparable homes to 4251 East Lexington Avenue?
Homes that are comparable to 4251 East Lexington Avenue include a other property at 6811 East Milagro Avenue, 3955 East Mesquite Street, 4069 East Lexington Avenue.

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