Large Location Icon

1516 E Rakestraw Ln; Gilbert, AZ Property Details

1516 E Rakestraw Ln, Gilbert, AZ is a Single Family that was built in 2023. This property is currently Financed,New Construction and is not for sale. Our records show that 1516 E Rakestraw Ln has 3 bathrooms, and a total of 2,796 square feet. The lot size of 1516 E Rakestraw Ln is 5,968 square feet.

Off market
1516 E Rakestraw Ln Gilbert, AZ 85298
$28,914 Estimated Value
3 Baths
2,796 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2023
  • Purchase Price: $683,185
  • Open Loans / Balance: 1 / $527,903
  • Est. Equity / %: $270,097 / 33.85%
  • Gross Yield: 5.511%
  • APN: 313-33-647
  • Situs County: Maricopa
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Stories: 2
  • Exterior Wall Type: Combination
  • Roof Cover Type: Concrete

Measurements

  • Total: 2,796/SqFt
  • Lot: 5,968/SqFt
  • Gross: 2,986/SqFt
  • Living: 2,796/SqFt
  • Building: 2,796/SqFt
  • Ground: 1,328/SqFt
  • Price Per Square Foot: $244.34

Legal Description

  • Description: WATERSTON NORTH PHASE 1 MCR 1590-19
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Chandler Unified District
  • Lat / Lon: 33.25323 / -111.757286
  • Subdivision: Waterston North Phase 1
  • Property Class: Residential
  • Zoning: SF6
  • County Use Code: 0141

Amenities

  • Plus Four: 0727
  • Bathroom Fixtures: 10
  • Cooling: Refrigeration
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $165
  • H O A Amount: $165
  • H O A One Frequency: Monthly
  • H O A One Name: Waterston Community Association
  • H O A One Type: Home Owner Association

Ownership Info

1516 E Rakestraw Ln has no associated ownership info
1516 E Rakestraw Ln has no associated ownership info.

Taxes

1516 E Rakestraw Ln has 9 associated Taxes items

1516 E Rakestraw Ln, 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 $28,914. The APN we've located for 1516 E Rakestraw Ln is 313-33-647.

Unlock the full report
Taxes
  • Assessed Value:  $28,914
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  313-33-647
  • Market Land Value:  120600
  • Tax Amount:  2250.88
  • Tax Year:  2025
  • Market Value:  603200
  • Market Year:  2025

Tax History

1516 E Rakestraw Ln has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,914 Land Value Improvement Value Tax Amount $2,250.88 Change Rate +0.013225% Assessed CR Tax Rate +0.077847%
Year 2024 Assessed Value $27,538 Land Value Improvement Value Tax Amount $2,221.5 Change Rate +7.359046% Assessed CR Tax Rate +0.08067%
Year 2023 Assessed Value $12,360 Land Value $12,360 Improvement Value Tax Amount $265.76 Change Rate +0.028961% Assessed CR Tax Rate +0.021502%
Year 2022 Assessed Value $4,185 Land Value $4,185 Improvement Value Tax Amount $258.28 Change Rate +9.176517% Assessed CR Tax Rate +0.061716%
Year 2021 Assessed Value Land Value Improvement Value Tax Amount $25.38 Change Rate Assessed CR Tax Rate