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961 West Tremaine Avenue

961 West Tremaine Avenue, Gilbert, AZ 85233
Property in Sonesta Estates
Sold Sep 30, 2021
$488,000
$582,638,000 by Morgan Stanley Mortgage Capita
Mortgage
Sold Oct 17, 1996
$126,399
$147,250 by Home Mtg Financing Corp
Mortgage Due Nov 01, 2026
961 West Tremaine 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 1996 and is 28 years old. Residents will have access to 2 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, 961 West Tremaine Avenue has 1,656 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 6,090 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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. 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, 961 West Tremaine Avenue was last sold in Sep 28, 2021 for $488,000. According to our calculations, that's $294.69 per sqft. Prior to that sales transaction, the property was sold for $126,399 in Oct 16, 1996. Current property owners are expected to pay $2,193 in taxes per year. The property on 961 West Tremaine Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,600. To break that down further, the land itself was valued at $7,520. While improvements to the property were assessed at a total of $30,080. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 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
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,090
  • Total Building Area: 1,656
  • Gross Building Area: 1,656
  • Building Area: 1,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SONESTA ESTATES UNIT 1
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SONESTA ESTATES UNIT 1 MCR 403-23

Ownership

  • Current Owner : RM1 SFR PROPCO A LP
  • Previous Owner : GIACALONE MARTIN J
  • Owner Before Previous Owner: KIMBERLY MANAGEMENT INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422309

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 40323
  • Parcel: 302-21-895
  • Lot: 64
  • Meridian: SEC 11 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.3618
  • Longitude: -111.811

    Address

  • Full Address: 961 W Tremaine Ave
  • Legal Unit: 1
  • Address - House Number: 961
  • Street Direction: W
  • Address - Street Name: Tremaine
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R090
  • 4-Digit Zip Code: 3769
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,193
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1428
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 514,566
  • High Value: 588,093
  • Low Value: 441,039

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $582,638,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY MORTGAGE CAPITA
  • First Open Lien Mortgage Recording Date: Mar 23, 2022
  • First Open Lien Mortgage Loan Amount: $582,638,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $376,000
  • Market Land Value: $75,200
  • Market Improvement Value: $300,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,600
  • Assessed Land Value: $7,520
  • Assessed Improvements Value: $30,080

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11857371832
  • Current Sale Price: $488,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211054823
  • Previous Sale Recording Date: Oct 17, 1996
  • Previous Sale Contract Date: Oct 16, 1996
  • Previous Sale Amount: $126,399
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOME MTG FINANCING CORP
  • Previous Mortgage Transaction Date: Oct 17, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $147,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2026

About Sonesta Estates



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Frequently Asked Questions

What neighborhood is 961 West Tremaine Avenue located in?
The 961 West Tremaine Avenue is a located in the neighborhood of Sonesta Estates in Sonesta Estates, Gilbert.
What is the average sales price for listings in 961 West Tremaine Avenue?
The average sales price for units in 961 West Tremaine Avenue is $0 currently.

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