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407 S Ocean Dr; Gilbert, AZ Property Details

407 S Ocean Dr, Gilbert, AZ is a Single Family that was built in 1987. This property is currently Financed and is not for sale. Our records show that 407 S Ocean Dr has 3 bathrooms, and a total of 2,208 square feet. The lot size of 407 S Ocean Dr is 5,497 square feet.

Off market
407 S Ocean Dr Gilbert, AZ 85233
$23,423 Estimated Value
3 Baths
2,208 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1987
  • Purchase Price: $133,500
  • Open Loans / Balance: 1 / $12,486
  • Est. Equity / %: $495,514 / 97.54%
  • Gross Yield: 5.452%
  • APN: 302-96-594
  • Situs County: Maricopa
  • Length Of Ownership: 28 years, 3 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Concrete

Measurements

  • Total: 2,208/SqFt
  • Lot: 5,497/SqFt
  • Gross: 2,208/SqFt
  • Living: 2,208/SqFt
  • Basement: 496/SqFt
  • Building: 2,208/SqFt
  • Ground: 1,032/SqFt
  • Basement Finished: 496/SqFt
  • Price Per Square Foot: $60.46

Legal Description

  • Description: ISLANDS PATIO HOMES B AMD LOT 95-192 TR C-E MCR 292-06
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: 33.342064 / -111.81586
  • Subdivision: Islands Patio Homes B Amd Lot 95-192 Tr
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 0131

Amenities

  • Plus Four: 6616
  • Bathroom Fixtures: 10
  • 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

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

Taxes

407 S Ocean Dr has 9 associated Taxes items

407 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 $23,423. The APN we've located for 407 S Ocean Dr is 302-96-594.

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Taxes
  • Assessed Value:  $23,423
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  302-96-594
  • Market Land Value:  81600
  • Tax Amount:  2039.38
  • Tax Year:  2025
  • Market Value:  408300
  • Market Year:  2025

Tax History

407 S Ocean Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,423 Land Value Improvement Value Tax Amount $2,039.38 Change Rate +0.037588% Assessed CR Tax Rate +0.087067%
Year 2024 Assessed Value $22,308 Land Value Improvement Value Tax Amount $1,965.5 Change Rate -0.052296% Assessed CR Tax Rate +0.088107%
Year 2023 Assessed Value $35,410 Land Value $7,080 Improvement Value $28,330 Tax Amount $2,073.96 Change Rate +0.028679% Assessed CR Tax Rate +0.05857%
Year 2022 Assessed Value $27,710 Land Value $5,540 Improvement Value $22,170 Tax Amount $2,016.14 Change Rate -0.033332% Assessed CR Tax Rate +0.072759%
Year 2021 Assessed Value $26,310 Land Value $5,260 Improvement Value $21,050 Tax Amount $2,085.66 Change Rate +0.015305% Assessed CR Tax Rate +0.079273%
Year 2020 Assessed Value $24,970 Land Value $4,990 Improvement Value $19,980 Tax Amount $2,054.22 Change Rate +0.076624% Assessed CR Tax Rate +0.082268%
Year 2019 Assessed Value $22,320 Land Value $4,460 Improvement Value $17,860 Tax Amount $1,908.02 Change Rate +0.02743% Assessed CR Tax Rate +0.085485%
Year 2018 Assessed Value $21,010 Land Value $4,200 Improvement Value $16,810 Tax Amount $1,857.08 Change Rate +0.033595% Assessed CR Tax Rate +0.08839%
Year 2017 Assessed Value $19,720 Land Value $3,940 Improvement Value $15,780 Tax Amount $1,796.72 Change Rate -0.025048% Assessed CR Tax Rate +0.091112%
Year 2016 Assessed Value $18,910 Land Value $3,780 Improvement Value $15,130 Tax Amount $1,842.88 Change Rate +0.307638% Assessed CR Tax Rate +0.097455%
Year 2015 Assessed Value $17,850 Land Value $3,570 Improvement Value $14,280 Tax Amount $1,409.32 Change Rate -0.040887% Assessed CR Tax Rate +0.078954%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,469.4 Change Rate Assessed CR Tax Rate