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108 N Velma Dr; Gilbert, AZ Property Details

108 N Velma Dr, Gilbert, AZ is a Single Family that was built in 1998. This property is currently Financed and is not for sale. Our records show that 108 N Velma Dr has 3 bathrooms, and a total of 2,274 square feet. The lot size of 108 N Velma Dr is 9,953 square feet.

Off market
108 N Velma Dr Gilbert, AZ 85233
$32,454 Estimated Value
3 Baths
2,274 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1998
  • Purchase Price: $224,000
  • Open Loans / Balance: 2 / $138,620
  • Est. Equity / %: $488,380 / 77.89%
  • Gross Yield: 6.3%
  • APN: 310-09-214
  • Situs County: Maricopa
  • Length Of Ownership: 24 years, 1 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: B
  • Pool Type: Yes
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 2,274/SqFt
  • Lot: 9,953/SqFt
  • Gross: 2,466/SqFt
  • Living: 2,274/SqFt
  • Building: 2,274/SqFt
  • Ground: 2,274/SqFt
  • Price Per Square Foot: $98.50

Legal Description

  • Description: SUMMER MEADOWS PARCEL 3 MCR 428-46
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gilbert Unified District
  • Lat / Lon: 33.351685 / -111.81451
  • Subdivision: Summer Meadows Parcel 3
  • Property Class: Residential
  • Zoning: R-7
  • County Use Code: 0141

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 5238
  • Bathroom Fixtures: 9
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One: $268
  • H O A Amount: $268
  • H O A One Frequency: Semi-Annual
  • H O A One Name: Summer Meadows Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

108 N Velma Dr has no associated ownership info
108 N Velma Dr has no associated ownership info.

Taxes

108 N Velma Dr has 9 associated Taxes items

108 N Velma Dr, Gilbert, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $32,454. The APN we've located for 108 N Velma Dr is 310-09-214.

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Taxes
  • Assessed Value:  $32,454
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  310-09-214
  • Market Land Value:  102600
  • Tax Amount:  2473.12
  • Tax Year:  2025
  • Market Value:  513100
  • Market Year:  2025

Tax History

108 N Velma Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,454 Land Value Improvement Value Tax Amount $2,473.12 Change Rate +0.039126% Assessed CR Tax Rate +0.076204%
Year 2024 Assessed Value $30,908 Land Value Improvement Value Tax Amount $2,380 Change Rate -0.0072% Assessed CR Tax Rate +0.077003%
Year 2023 Assessed Value $46,410 Land Value $9,280 Improvement Value $37,130 Tax Amount $2,397.26 Change Rate +0.031807% Assessed CR Tax Rate +0.051654%
Year 2022 Assessed Value $35,430 Land Value $7,080 Improvement Value $28,350 Tax Amount $2,323.36 Change Rate -0.053182% Assessed CR Tax Rate +0.065576%
Year 2021 Assessed Value $33,820 Land Value $6,760 Improvement Value $27,060 Tax Amount $2,453.86 Change Rate +0.015914% Assessed CR Tax Rate +0.072556%
Year 2020 Assessed Value $31,750 Land Value $6,350 Improvement Value $25,400 Tax Amount $2,415.42 Change Rate +0.087929% Assessed CR Tax Rate +0.076076%
Year 2019 Assessed Value $29,370 Land Value $5,870 Improvement Value $23,500 Tax Amount $2,220.2 Change Rate +0.030475% Assessed CR Tax Rate +0.075594%
Year 2018 Assessed Value $27,550 Land Value $5,510 Improvement Value $22,040 Tax Amount $2,154.54 Change Rate +0.035817% Assessed CR Tax Rate +0.078205%
Year 2017 Assessed Value $26,120 Land Value $5,220 Improvement Value $20,900 Tax Amount $2,080.04 Change Rate -0.034273% Assessed CR Tax Rate +0.079634%
Year 2016 Assessed Value $25,430 Land Value $5,080 Improvement Value $20,350 Tax Amount $2,153.86 Change Rate +0.097475% Assessed CR Tax Rate +0.084698%
Year 2015 Assessed Value $26,460 Land Value $5,290 Improvement Value $21,170 Tax Amount $1,962.56 Change Rate -0.047051% Assessed CR Tax Rate +0.074171%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,059.46 Change Rate Assessed CR Tax Rate