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132 N Velma Dr; Gilbert, AZ Property Details

132 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 132 N Velma Dr has 5 bedrooms, and 4 bathrooms, and a total of 3,068 square feet. The lot size of 132 N Velma Dr is 12,449 square feet.

Off market  •   Pre Probate ✓
132 N Velma Dr Gilbert, AZ 85233
$385,000 Listing Price
5 Beds
4 Baths
3,068 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1998
  • Purchase Price: $385,000
  • Open Loans / Balance: 1 / $288,078
  • Est. Equity / %: $426,922 / 59.71%
  • Gross Yield: 6.482%
  • APN: 310-09-217
  • Situs County: Maricopa
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 5
  • 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: 3,068/SqFt
  • Lot: 12,449/SqFt
  • Gross: 3,318/SqFt
  • Living: 3,068/SqFt
  • Building: 3,068/SqFt
  • Ground: 1,722/SqFt
  • Price Per Square Foot: $125.49

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: 33.35218 / -111.81422
  • 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

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

Taxes

132 N Velma Dr has 9 associated Taxes items

132 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 $37,176. The APN we've located for 132 N Velma Dr is 310-09-217.

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Taxes
  • Assessed Value:  $37,176
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  310-09-217
  • Market Land Value:  119800
  • Tax Amount:  2832.98
  • Tax Year:  2025
  • Market Value:  599200
  • Market Year:  2025

Tax History

132 N Velma Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,176 Land Value Improvement Value Tax Amount $2,832.98 Change Rate +0.039145% Assessed CR Tax Rate +0.076205%
Year 2024 Assessed Value $35,406 Land Value Improvement Value Tax Amount $2,726.26 Change Rate -0.007218% Assessed CR Tax Rate +0.077%
Year 2023 Assessed Value $53,860 Land Value $10,770 Improvement Value $43,090 Tax Amount $2,746.08 Change Rate +0.031818% Assessed CR Tax Rate +0.050986%
Year 2022 Assessed Value $40,480 Land Value $8,090 Improvement Value $32,390 Tax Amount $2,661.4 Change Rate -0.053193% Assessed CR Tax Rate +0.065746%
Year 2021 Assessed Value $38,700 Land Value $7,740 Improvement Value $30,960 Tax Amount $2,810.92 Change Rate +0.015902% Assessed CR Tax Rate +0.072634%
Year 2020 Assessed Value $36,560 Land Value $7,310 Improvement Value $29,250 Tax Amount $2,766.92 Change Rate +0.087968% Assessed CR Tax Rate +0.075682%
Year 2019 Assessed Value $34,210 Land Value $6,840 Improvement Value $27,370 Tax Amount $2,543.2 Change Rate +0.030453% Assessed CR Tax Rate +0.074341%
Year 2018 Assessed Value $31,520 Land Value $6,300 Improvement Value $25,220 Tax Amount $2,468.04 Change Rate +0.035834% Assessed CR Tax Rate +0.078301%
Year 2017 Assessed Value $30,200 Land Value $6,040 Improvement Value $24,160 Tax Amount $2,382.66 Change Rate -0.034273% Assessed CR Tax Rate +0.078896%
Year 2016 Assessed Value $29,670 Land Value $5,930 Improvement Value $23,740 Tax Amount $2,467.22 Change Rate +0.097469% Assessed CR Tax Rate +0.083155%
Year 2015 Assessed Value $30,910 Land Value $6,180 Improvement Value $24,730 Tax Amount $2,248.1 Change Rate -0.049831% Assessed CR Tax Rate +0.072731%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,366 Change Rate Assessed CR Tax Rate