Large Location Icon

405 W Midland Ln; Gilbert, AZ Property Details

405 W Midland Ln, Gilbert, AZ is a Single Family that was built in 2000. This property is currently Financed and is not for sale. Our records show that 405 W Midland Ln has 4 bedrooms, and 3 bathrooms, and a total of 3,095 square feet. The lot size of 405 W Midland Ln is 8,967 square feet.

Off market
405 W Midland Ln Gilbert, AZ 85233
$404,000 Listing Price
4 Beds
3 Baths
3,095 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2000
  • Purchase Price: $404,000
  • Open Loans / Balance: 2 / $448,708
  • Est. Equity / %: $167,292 / 27.16%
  • Gross Yield: 6.24%
  • APN: 302-20-164
  • Situs County: Maricopa
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Pool Type: Yes
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 3,095/SqFt
  • Lot: 8,967/SqFt
  • Gross: 3,095/SqFt
  • Living: 3,095/SqFt
  • Building: 3,095/SqFt
  • Ground: 1,621/SqFt
  • Price Per Square Foot: $130.53

Legal Description

  • Description: NEELY RANCH MCR 377-38
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: 33.35087 / -111.79859
  • Subdivision: Neely Ranch
  • Property Class: Residential
  • Zoning: R-7
  • County Use Code: 0131

Amenities

  • Pool: true
  • Plus Four: 5309
  • Bathroom Fixtures: 10
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $110
  • H O A Amount: $110
  • H O A One Frequency: Monthly
  • H O A One Name: Neely Ranch Homestead Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: Neely Ranch Estates Homeowners Association
  • H O A Two Type: Home Owner Association

Ownership Info

405 W Midland Ln has no associated ownership info
405 W Midland Ln has no associated ownership info.

Taxes

405 W Midland Ln has 9 associated Taxes items

405 W Midland 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 $31,419. The APN we've located for 405 W Midland Ln is 302-20-164.

Unlock the full report
Taxes
  • Assessed Value:  $31,419
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  302-20-164
  • Market Land Value:  104300
  • Tax Amount:  2402.32
  • Tax Year:  2025
  • Market Value:  521600
  • Market Year:  2025

Tax History

405 W Midland Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,419 Land Value Improvement Value Tax Amount $2,402.32 Change Rate +0.037531% Assessed CR Tax Rate +0.076461%
Year 2024 Assessed Value $29,923 Land Value Improvement Value Tax Amount $2,315.42 Change Rate -0.005942% Assessed CR Tax Rate +0.077379%
Year 2023 Assessed Value $46,880 Land Value $9,370 Improvement Value $37,510 Tax Amount $2,329.26 Change Rate +0.034023% Assessed CR Tax Rate +0.049686%
Year 2022 Assessed Value $35,570 Land Value $7,110 Improvement Value $28,460 Tax Amount $2,252.62 Change Rate -0.050441% Assessed CR Tax Rate +0.063329%
Year 2021 Assessed Value $34,050 Land Value $6,810 Improvement Value $27,240 Tax Amount $2,372.28 Change Rate +0.014975% Assessed CR Tax Rate +0.06967%
Year 2020 Assessed Value $31,170 Land Value $6,230 Improvement Value $24,940 Tax Amount $2,337.28 Change Rate +0.084917% Assessed CR Tax Rate +0.074985%
Year 2019 Assessed Value $29,200 Land Value $5,840 Improvement Value $23,360 Tax Amount $2,154.34 Change Rate +0.029563% Assessed CR Tax Rate +0.073779%
Year 2018 Assessed Value $27,950 Land Value $5,590 Improvement Value $22,360 Tax Amount $2,092.48 Change Rate +0.035358% Assessed CR Tax Rate +0.074865%
Year 2017 Assessed Value $26,430 Land Value $5,280 Improvement Value $21,150 Tax Amount $2,021.02 Change Rate -0.032171% Assessed CR Tax Rate +0.076467%
Year 2016 Assessed Value $26,080 Land Value $5,210 Improvement Value $20,870 Tax Amount $2,088.2 Change Rate +0.095673% Assessed CR Tax Rate +0.080069%
Year 2015 Assessed Value $25,820 Land Value $5,160 Improvement Value $20,660 Tax Amount $1,905.86 Change Rate -0.044088% Assessed CR Tax Rate +0.073813%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,993.76 Change Rate Assessed CR Tax Rate