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2987 E Michelle Way; Gilbert, AZ Property Details

2987 E Michelle Way, Gilbert, AZ is a Single Family that was built in 1999. This property is currently Financed and is not for sale. Our records show that 2987 E Michelle Way has 3 bedrooms, and 2 bathrooms, and a total of 1,353 square feet. The lot size of 2987 E Michelle Way is 6,486 square feet.

Off market
2987 E Michelle Way Gilbert, AZ 85234
$249,000 Listing Price
3 Beds
2 Baths
1,353 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1999
  • Purchase Price: $240,000
  • Est. Equity / %: $443,000 / 100%
  • Gross Yield: 5.67%
  • APN: 304-08-658
  • Situs County: Maricopa
  • Length Of Ownership: 8 years, 3 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
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,353/SqFt
  • Lot: 6,486/SqFt
  • Gross: 1,483/SqFt
  • Living: 1,353/SqFt
  • Building: 1,353/SqFt
  • Ground: 1,353/SqFt
  • Price Per Square Foot: $177.38

Legal Description

  • Description: BASELINE/TONE REPLAT MCR 480-28
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: 33.3765 / -111.72737
  • Subdivision: Baseline/Tone Replat
  • Property Class: Residential
  • Zoning: SF-6
  • County Use Code: 0131

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1444
  • Bathroom Fixtures: 7
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $66
  • H O A Amount: $66
  • H O A One Frequency: Monthly
  • H O A One Name: Tone Estates
  • H O A One Type: Home Owner Association

Ownership Info

2987 E Michelle Way has no associated ownership info
2987 E Michelle Way has no associated ownership info.

Taxes

2987 E Michelle Way has 9 associated Taxes items

2987 E Michelle Way, 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 $18,118. The APN we've located for 2987 E Michelle Way is 304-08-658.

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Taxes
  • Assessed Value:  $18,118
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-08-658
  • Market Land Value:  71600
  • Tax Amount:  1704.7
  • Tax Year:  2025
  • Market Value:  358200
  • Market Year:  2025

Tax History

2987 E Michelle Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,118 Land Value Improvement Value Tax Amount $1,704.7 Change Rate +0.037654% Assessed CR Tax Rate +0.094089%
Year 2024 Assessed Value $17,255 Land Value Improvement Value Tax Amount $1,642.84 Change Rate -0.004231% Assessed CR Tax Rate +0.09521%
Year 2023 Assessed Value $31,710 Land Value $6,340 Improvement Value $25,370 Tax Amount $1,649.82 Change Rate +0.028861% Assessed CR Tax Rate +0.052028%
Year 2022 Assessed Value $23,970 Land Value $4,790 Improvement Value $19,180 Tax Amount $1,603.54 Change Rate -0.029569% Assessed CR Tax Rate +0.066898%
Year 2021 Assessed Value $22,410 Land Value $4,480 Improvement Value $17,930 Tax Amount $1,652.4 Change Rate +0.015524% Assessed CR Tax Rate +0.073735%
Year 2020 Assessed Value $20,680 Land Value $4,130 Improvement Value $16,550 Tax Amount $1,627.14 Change Rate +0.075539% Assessed CR Tax Rate +0.078682%
Year 2019 Assessed Value $18,810 Land Value $3,760 Improvement Value $15,050 Tax Amount $1,512.86 Change Rate +0.02773% Assessed CR Tax Rate +0.080428%
Year 2018 Assessed Value $17,300 Land Value $3,460 Improvement Value $13,840 Tax Amount $1,472.04 Change Rate +0.032721% Assessed CR Tax Rate +0.085089%
Year 2017 Assessed Value $15,900 Land Value $3,180 Improvement Value $12,720 Tax Amount $1,425.4 Change Rate -0.024874% Assessed CR Tax Rate +0.089648%
Year 2016 Assessed Value $15,300 Land Value $3,060 Improvement Value $12,240 Tax Amount $1,461.76 Change Rate +0.096989% Assessed CR Tax Rate +0.09554%
Year 2015 Assessed Value $14,560 Land Value $2,910 Improvement Value $11,650 Tax Amount $1,332.52 Change Rate -0.0275% Assessed CR Tax Rate +0.091519%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,370.2 Change Rate Assessed CR Tax Rate