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119 N Velma Dr; Gilbert, AZ Property Details

119 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 119 N Velma Dr has 4 bathrooms, and a total of 3,047 square feet. The lot size of 119 N Velma Dr is 10,742 square feet.

Off market
119 N Velma Dr Gilbert, AZ 85233
$36,687 Estimated Value
4 Baths
3,047 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1998
  • Purchase Price: $247,817
  • Open Loans / Balance: 1 / $34,328
  • Est. Equity / %: $604,672 / 94.63%
  • Gross Yield: 7.063%
  • APN: 310-09-219
  • Situs County: Maricopa
  • Length Of Ownership: 28 years, 1 months

Rooms

  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 9

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: 3,047/SqFt
  • Lot: 10,742/SqFt
  • Gross: 3,214/SqFt
  • Living: 3,047/SqFt
  • Building: 3,047/SqFt
  • Ground: 1,647/SqFt
  • Price Per Square Foot: $81.33

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: 33.351875 / -111.81385
  • 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

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

Taxes

119 N Velma Dr has 9 associated Taxes items

119 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 $36,687. The APN we've located for 119 N Velma Dr is 310-09-219.

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Taxes
  • Assessed Value:  $36,687
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  310-09-219
  • Market Land Value:  116700
  • Tax Amount:  2795.7
  • Tax Year:  2025
  • Market Value:  583800
  • Market Year:  2025

Tax History

119 N Velma Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $36,687 Land Value Improvement Value Tax Amount $2,795.7 Change Rate +0.039155% Assessed CR Tax Rate +0.076204%
Year 2024 Assessed Value $34,940 Land Value Improvement Value Tax Amount $2,690.36 Change Rate -0.007211% Assessed CR Tax Rate +0.076999%
Year 2023 Assessed Value $52,450 Land Value $10,490 Improvement Value $41,960 Tax Amount $2,709.9 Change Rate +0.031824% Assessed CR Tax Rate +0.051666%
Year 2022 Assessed Value $39,560 Land Value $7,910 Improvement Value $31,650 Tax Amount $2,626.32 Change Rate -0.053196% Assessed CR Tax Rate +0.066388%
Year 2021 Assessed Value $37,820 Land Value $7,560 Improvement Value $30,260 Tax Amount $2,773.88 Change Rate +0.015865% Assessed CR Tax Rate +0.073344%
Year 2020 Assessed Value $35,680 Land Value $7,130 Improvement Value $28,550 Tax Amount $2,730.56 Change Rate +0.087994% Assessed CR Tax Rate +0.076529%
Year 2019 Assessed Value $33,360 Land Value $6,670 Improvement Value $26,690 Tax Amount $2,509.72 Change Rate +0.030423% Assessed CR Tax Rate +0.075231%
Year 2018 Assessed Value $30,880 Land Value $6,170 Improvement Value $24,710 Tax Amount $2,435.62 Change Rate +0.035852% Assessed CR Tax Rate +0.078874%
Year 2017 Assessed Value $29,660 Land Value $5,930 Improvement Value $23,730 Tax Amount $2,351.32 Change Rate -0.034294% Assessed CR Tax Rate +0.079276%
Year 2016 Assessed Value $29,110 Land Value $5,820 Improvement Value $23,290 Tax Amount $2,434.82 Change Rate +0.097478% Assessed CR Tax Rate +0.083642%
Year 2015 Assessed Value $30,350 Land Value $6,070 Improvement Value $24,280 Tax Amount $2,218.56 Change Rate -0.049354% Assessed CR Tax Rate +0.073099%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,333.74 Change Rate Assessed CR Tax Rate