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771 East Encinas Avenue

771 East Encinas Avenue, Gilbert, AZ 85234
Property in Maricopa
Sold Dec 17, 2015
$1,100,000
$880,000 by Mortgage Capital Associates In
Mortgage Due Jan 01, 2046
Sold Jul 08, 2013
$675,001
771 East Encinas Avenue in Gilbert, AZ was first built in 1993 and is 31 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 7 full bathrooms. There are 7 partial bathrooms. 771 East Encinas Avenue has 4,537 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 32,082 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 7 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 A. 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 Dec 16, 2015 for $1,100,000. That's $242.45 per sqft. Prior to that sales transaction, the property was also sold in Jul 8, 2013 for $675,001. 771 East Encinas Avenue was last assessed in 2023. The total value of the property was assessed at $99,020. Specifically, the land the property is located on was valued at $19,800. While improvements on the property were assessed at a total of $79,220. 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 $7,559. 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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 22
  • Building Condition: Average
  • Building Quality: A
  • 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: 7
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 32,082
  • Total Building Area: 4,537
  • Gross Building Area: 4,537
  • Building Area: 4,537
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,537
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIRCLE G RANCHES UNIT 5
  • Land Acres: 0.737
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CIRCLE G RANCHES UNIT 5 MCR 256-09

Ownership

  • Current Owner : WALLACE LANCE JUSTIN
  • Current Owner 2: WALLACE JAMIE ELDA
  • Previous Owner : MARTIN ANDREW H
  • Owner Before Previous Owner: CDB PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-35

Geography

  • Assessors Map Reference: 25609
  • Parcel: 304-10-930
  • Lot: 24
  • Meridian: SEC 6 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3685
  • Longitude: -111.774

    Address

  • Full Address: 771 E Encinas Ave
  • Legal Unit: 5
  • Address - House Number: 771
  • Street Direction: E
  • Address - Street Name: Encinas
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: C022
  • 4-Digit Zip Code: 3464
  • Zip Code: 85234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,559
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 1,422,128
  • High Value: 1,614,591
  • Low Value: 1,229,664

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,630,000
  • First Open Lien Mortgage Lender: MORTGAGE CAPITAL ASSOCIATES IN
  • First Open Lien Mortgage Recording Date: Dec 17, 2015
  • First Open Lien Mortgage Loan Amount: $880,000
  • 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: Jan 01, 2046
  • Second Open Lien Mortgage Lender: WALLACE JAMIE
  • Second Open Lien Mortgage Recording Date: Aug 30, 2022
  • Second Open Lien Mortgage Loan Amount: $750,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $990,200
  • Market Land Value: $198,000
  • Market Improvement Value: $792,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,020
  • Assessed Land Value: $19,800
  • Assessed Improvements Value: $79,220

    Sales

  • Current Sale Contract Date: Dec 16, 2015
  • Current Sale Recording Date: Dec 17, 2015
  • Current Sale Transaction ID: 1402225933
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-0892107
  • Previous Sale Recording Date: Jul 08, 2013
  • Previous Sale Contract Date: Jul 08, 2013
  • Previous Sale Amount: $675,001
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL ASSOCIATES IN
  • First Mortgage Transaction Date: Dec 17, 2015
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2046

    Previous Mortgages

  • Previous Mortgage Loan Type: Assumption

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Frequently Asked Questions

What neighborhood is 771 East Encinas Avenue located in?
The 771 East Encinas Avenue is a located in the neighborhood of Maricopa in Gilbert, Gilbert.
What is the average sales price for listings in 771 East Encinas Avenue?
The average sales price for units in 771 East Encinas Avenue is $0 currently.

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