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109 N Velma Dr; Gilbert, AZ Property Details

109 N Velma Dr, Gilbert, AZ is a Single Family that was built in 1998. This property is currently Financed,New Construction and is not for sale. Our records show that 109 N Velma Dr has 4 bathrooms, and a total of 3,077 square feet. The lot size of 109 N Velma Dr is 10,661 square feet.

Off market
109 N Velma Dr Gilbert, AZ 85233
$36,894 Estimated Value
4 Baths
3,077 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1998
  • Purchase Price: $219,841
  • Open Loans / Balance: 1 / $75,326
  • Est. Equity / %: $617,674 / 89.13%
  • Gross Yield: 6.603%
  • APN: 310-09-220
  • Situs County: Maricopa
  • Length Of Ownership: 28 years, 1 months

Rooms

  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 10

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Combination
  • Building Condition: Average
  • Building Quality: B
  • Pool Type: Yes
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 3,077/SqFt
  • Lot: 10,661/SqFt
  • Gross: 3,244/SqFt
  • Living: 3,077/SqFt
  • Building: 3,077/SqFt
  • Ground: 1,677/SqFt
  • Price Per Square Foot: $71.45

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: 33.351677 / -111.813965
  • 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: 12
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One: $249
  • H O A Amount: $249
  • 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

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

Taxes

109 N Velma Dr has 9 associated Taxes items

109 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 $36,894. The APN we've located for 109 N Velma Dr is 310-09-220.

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Taxes
  • Assessed Value:  $36,894
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  310-09-220
  • Market Land Value:  118000
  • Tax Amount:  2811.48
  • Tax Year:  2025
  • Market Value:  590200
  • Market Year:  2025

Tax History

109 N Velma Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $36,894 Land Value Improvement Value Tax Amount $2,811.48 Change Rate +0.039157% Assessed CR Tax Rate +0.076204%
Year 2024 Assessed Value $35,137 Land Value Improvement Value Tax Amount $2,705.54 Change Rate -0.007221% Assessed CR Tax Rate +0.077%
Year 2023 Assessed Value $52,980 Land Value $10,590 Improvement Value $42,390 Tax Amount $2,725.22 Change Rate +0.031811% Assessed CR Tax Rate +0.051439%
Year 2022 Assessed Value $39,980 Land Value $7,990 Improvement Value $31,990 Tax Amount $2,641.2 Change Rate -0.053204% Assessed CR Tax Rate +0.066063%
Year 2021 Assessed Value $38,250 Land Value $7,650 Improvement Value $30,600 Tax Amount $2,789.62 Change Rate +0.015907% Assessed CR Tax Rate +0.072931%
Year 2020 Assessed Value $36,080 Land Value $7,210 Improvement Value $28,870 Tax Amount $2,745.94 Change Rate +0.087958% Assessed CR Tax Rate +0.076107%
Year 2019 Assessed Value $33,770 Land Value $6,750 Improvement Value $27,020 Tax Amount $2,523.94 Change Rate +0.03044% Assessed CR Tax Rate +0.074739%
Year 2018 Assessed Value $31,000 Land Value $6,200 Improvement Value $24,800 Tax Amount $2,449.38 Change Rate +0.03588% Assessed CR Tax Rate +0.079012%
Year 2017 Assessed Value $29,820 Land Value $5,960 Improvement Value $23,860 Tax Amount $2,364.54 Change Rate -0.034306% Assessed CR Tax Rate +0.079294%
Year 2016 Assessed Value $29,260 Land Value $5,850 Improvement Value $23,410 Tax Amount $2,448.54 Change Rate +0.097478% Assessed CR Tax Rate +0.083682%
Year 2015 Assessed Value $30,550 Land Value $6,110 Improvement Value $24,440 Tax Amount $2,231.06 Change Rate -0.04965% Assessed CR Tax Rate +0.07303%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,347.62 Change Rate Assessed CR Tax Rate