Large Location Icon

125 S Ocean Dr; Gilbert, AZ Property Details

125 S Ocean Dr, Gilbert, AZ is a Single Family that was built in 1987. This property is currently a cash purchase and is not for sale. Our records show that 125 S Ocean Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,562 square feet. The lot size of 125 S Ocean Dr is 5,497 square feet.

Off market
125 S Ocean Dr Gilbert, AZ 85233
$459,000 Listing Price
3 Beds
2 Baths
1,562 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1987
  • Purchase Price: $459,000
  • Open Loans / Balance: 1 / $538,255,261
  • Est. Equity / %: $-537,785,261 / -114,422.4%
  • Gross Yield: 5.913%
  • APN: 302-96-505
  • Situs County: Maricopa
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Pool Type: Yes
  • Roof Cover Type: Concrete

Measurements

  • Total: 1,562/SqFt
  • Lot: 5,497/SqFt
  • Gross: 1,666/SqFt
  • Living: 1,562/SqFt
  • Building: 1,562/SqFt
  • Ground: 1,562/SqFt
  • Price Per Square Foot: $293.85

Legal Description

  • Description: ISLANDS PATIO HOMES A AMD LOT 1-94 193-233 MCR 292-05
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: 33.347412 / -111.81587
  • Subdivision: Islands Patio Homes A Amd Lot 1-94 193-2
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 0131

Amenities

  • Pool: true
  • Plus Four: 5634
  • Bathroom Fixtures: 7
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $364
  • H O A Two: $149
  • H O A Amount: $513
  • H O A One Frequency: Semi-Annual
  • H O A Two Frequency: Monthly
  • H O A One Name: Islands Community Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: The Islands Patio Homes Community Association
  • H O A Two Type: Home Owner Association

Ownership Info

125 S Ocean Dr has no associated ownership info
125 S Ocean Dr has no associated ownership info.

Taxes

125 S Ocean Dr has 9 associated Taxes items

125 S Ocean 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 $19,662. The APN we've located for 125 S Ocean Dr is 302-96-505.

Unlock the full report
Taxes
  • Assessed Value:  $19,662
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  302-96-505
  • Market Land Value:  76400
  • Tax Amount:  1798.44
  • Tax Year:  2025
  • Market Value:  382300
  • Market Year:  2025

Tax History

125 S Ocean Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,662 Land Value Improvement Value Tax Amount $1,798.44 Change Rate +0.037546% Assessed CR Tax Rate +0.091468%
Year 2024 Assessed Value $18,725 Land Value Improvement Value Tax Amount $1,733.36 Change Rate -0.062613% Assessed CR Tax Rate +0.092569%
Year 2023 Assessed Value $32,980 Land Value $6,590 Improvement Value $26,390 Tax Amount $1,849.14 Change Rate +0.028717% Assessed CR Tax Rate +0.056069%
Year 2022 Assessed Value $25,350 Land Value $5,070 Improvement Value $20,280 Tax Amount $1,797.52 Change Rate +0.142995% Assessed CR Tax Rate +0.070908%
Year 2021 Assessed Value $23,960 Land Value $4,790 Improvement Value $19,170 Tax Amount $1,572.64 Change Rate +0.016075% Assessed CR Tax Rate +0.065636%
Year 2020 Assessed Value $22,660 Land Value $4,530 Improvement Value $18,130 Tax Amount $1,547.76 Change Rate +0.088209% Assessed CR Tax Rate +0.068304%
Year 2019 Assessed Value $20,170 Land Value $4,030 Improvement Value $16,140 Tax Amount $1,422.3 Change Rate +0.030592% Assessed CR Tax Rate +0.070516%
Year 2018 Assessed Value $18,660 Land Value $3,730 Improvement Value $14,930 Tax Amount $1,380.08 Change Rate +0.036143% Assessed CR Tax Rate +0.073959%
Year 2017 Assessed Value $17,420 Land Value $3,480 Improvement Value $13,940 Tax Amount $1,331.94 Change Rate -0.034056% Assessed CR Tax Rate +0.07646%
Year 2016 Assessed Value $16,610 Land Value $3,320 Improvement Value $13,290 Tax Amount $1,378.9 Change Rate +0.097413% Assessed CR Tax Rate +0.083016%
Year 2015 Assessed Value $15,800 Land Value $3,160 Improvement Value $12,640 Tax Amount $1,256.5 Change Rate -0.039417% Assessed CR Tax Rate +0.079525%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,308.06 Change Rate Assessed CR Tax Rate