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7408 East Melrose Street

7408 East Melrose Street, Mesa, AZ 85207
Property in Maricopa
Sold Nov 21, 2019
$350,000
$280,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2049
Sold Jul 23, 2013
$285,000
$200,000 by Bank Of America Na
Mortgage Due Aug 01, 2043
7408 East Melrose Street in Mesa, AZ was first built in 2002 and is 22 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 2 full bathrooms. There are 3 partial bathrooms. 7408 East Melrose Street has 1,999 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. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of concrete. 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. The property was last sold in Nov 18, 2019 for $350,000. That's $175.09 per sqft. Prior to that sales transaction, the property was also sold in Jul 10, 2013 for $285,000. 7408 East Melrose Street was last assessed in 2023. The total value of the property was assessed at $44,350. Specifically, the land the property is located on was valued at $8,870. While improvements on the property were assessed at a total of $35,480. 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 $2,105. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • 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: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,999
  • Gross Building Area: 1,999
  • Building Area: 1,999
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,999
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAYFOX AT LAS SENDAS
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAYFOX AT LAS SENDAS MCR 529-46

Ownership

  • Current Owner : HILTON BERNARD E
  • Current Owner 2: HILTON ROBIN L
  • Previous Owner : MORGANS GERIANN
  • Previous Owner 2: THE GERIANN MORGAN TRUST
  • Owner Before Previous Owner: JETT BARRY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 420109

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 52946
  • Parcel: 219-25-525
  • Lot: 57
  • Meridian: SEC 6 TWN 1N RNG 7E
  • Municipality: MESA
  • Latitude: 33.4627
  • Longitude: -111.672

    Address

  • Full Address: 7408 E Melrose St
  • Address - House Number: 7408
  • Street Direction: E
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Mesa
  • Carrier Code: R026
  • 4-Digit Zip Code: 2072
  • Zip Code: 85207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,105
  • Tax Rate Code Area: 041000

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 551,391
  • High Value: 654,662
  • Low Value: 448,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 21, 2019
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $443,500
  • Market Land Value: $88,700
  • Market Improvement Value: $354,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,350
  • Assessed Land Value: $8,870
  • Assessed Improvements Value: $35,480

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Transaction ID: 11679665452
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190942486
  • Previous Sale Recording Date: Jul 23, 2013
  • Previous Sale Contract Date: Jul 10, 2013
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 21, 2019
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 23, 2013
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

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Frequently Asked Questions

What neighborhood is 7408 East Melrose Street located in?
The 7408 East Melrose Street is a located in the neighborhood of Maricopa in Mesa, Mesa.
What is the average sales price for listings in 7408 East Melrose Street?
The average sales price for units in 7408 East Melrose Street is $0 currently.

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