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561 East San Pedro Avenue

561 East San Pedro Avenue, Gilbert, AZ 85234
Property in Meadows
Sold May 26, 2021
$380,000
$321,500 by Geneva Financial Llc
Mortgage Due Jun 01, 2051
Sold Aug 28, 2012
$138,000
$127,645 by Dba Cal State Funding
Mortgage Due Sep 01, 2042
561 East San Pedro Avenue has been categorized by the local assessors in Gilbert, AZ as a residential type of property. The building on the property was first built in 1988 and is 36 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 561 East San Pedro Avenue has 1,575 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,869 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of wood. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it 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, 561 East San Pedro Avenue sold most recently in May 18, 2021 for a total of $380,000. If you work out the math, that's approximately a cost of $241.27 per sqft. Before that, the property was also sold for $138,000 in Jul 24, 2012. 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 $1,351 in taxes each year. 561 East San Pedro Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,470. If we break it down further, the land itself was valued at $6,890. Improvements to the property, however, were assessed at a total of $27,580. 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.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 6,869
  • Total Building Area: 1,575
  • Gross Building Area: 1,575
  • Building Area: 1,575
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,575
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIRCLE G MEADOWS AMD
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CIRCLE G MEADOWS AMD MCR 258-37

Ownership

  • Current Owner : ALVAREZ ARLENE C
  • Previous Owner : PEOTTER CLIFTON A
  • Previous Owner 2: PEOTTER SYLVIA L
  • Owner Before Previous Owner: NESBIT ALAN
  • Owner Before Previous Owner 2: NESBIT TIESHA
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422508

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 25837
  • Parcel: 304-95-015
  • Lot: 15
  • Meridian: SEC 6 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3702
  • Longitude: -111.779

    Address

  • Full Address: 561 E San Pedro Ave
  • Address - House Number: 561
  • Street Direction: E
  • Address - Street Name: San Pedro
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: C022
  • 4-Digit Zip Code: 3446
  • Zip Code: 85234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,351
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 489,191
  • High Value: 560,127
  • Low Value: 418,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,500
  • First Open Lien Mortgage Lender: GENEVA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $321,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $344,700
  • Market Land Value: $68,900
  • Market Improvement Value: $275,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,470
  • Assessed Land Value: $6,890
  • Assessed Improvements Value: $27,580

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11836240274
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210583465
  • Previous Sale Recording Date: Aug 28, 2012
  • Previous Sale Contract Date: Jul 24, 2012
  • Previous Sale Amount: $138,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENEVA FINANCIAL LLC
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $321,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DBA CAL STATE FUNDING
  • Previous Mortgage Transaction Date: Aug 28, 2012
  • Previous Mortgage Loan Amount: $127,645
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2042

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Frequently Asked Questions

What neighborhood is 561 East San Pedro Avenue located in?
The 561 East San Pedro Avenue is a located in the neighborhood of Meadows in Meadows, Gilbert.
What is the average sales price for listings in 561 East San Pedro Avenue?
The average sales price for units in 561 East San Pedro Avenue is $0 currently.

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