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425 S Ocean Dr; Gilbert, AZ Property Details

425 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 425 S Ocean Dr has 3 bedrooms, and 3.5 bathrooms, and a total of 2,255 square feet. The lot size of 425 S Ocean Dr is 5,480 square feet.

Off market
425 S Ocean Dr Gilbert, AZ 85233
$315,000 Listing Price
3 Beds
3.5 Baths
2,255 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1987
  • Purchase Price: $315,000
  • Open Loans / Balance: 1 / $253,076
  • Est. Equity / %: $265,924 / 51.24%
  • Gross Yield: 5.988%
  • APN: 302-96-597
  • Situs County: Maricopa
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,255/SqFt
  • Lot: 5,480/SqFt
  • Gross: 2,255/SqFt
  • Living: 2,255/SqFt
  • Building: 2,255/SqFt
  • Ground: 1,163/SqFt
  • Price Per Square Foot: $139.69

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: 33.341656 / -111.815895
  • Subdivision: Islands Patio Homes B Amd Lot 95-192 Tr
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 0131

Amenities

  • Pool: true
  • Plus Four: 6642
  • Bathroom Fixtures: 11
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $401
  • H O A Amount: $401
  • H O A One Frequency: Semi-Annual
  • 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

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

Taxes

425 S Ocean Dr has 9 associated Taxes items

425 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 $23,743. The APN we've located for 425 S Ocean Dr is 302-96-597.

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Taxes
  • Assessed Value:  $23,743
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  302-96-597
  • Market Land Value:  87200
  • Tax Amount:  1697.44
  • Tax Year:  2025
  • Market Value:  436000
  • Market Year:  2025

Tax History

425 S Ocean Dr has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,743 Land Value Improvement Value Tax Amount $1,697.44 Change Rate +0.039448% Assessed CR Tax Rate +0.071492%
Year 2024 Assessed Value $22,612 Land Value Improvement Value Tax Amount $1,633.02 Change Rate -0.064676% Assessed CR Tax Rate +0.072219%
Year 2023 Assessed Value $37,560 Land Value $7,510 Improvement Value $30,050 Tax Amount $1,745.94 Change Rate +0.031733% Assessed CR Tax Rate +0.046484%
Year 2022 Assessed Value $29,310 Land Value $5,860 Improvement Value $23,450 Tax Amount $1,692.24 Change Rate -0.053494% Assessed CR Tax Rate +0.057736%
Year 2021 Assessed Value $27,870 Land Value $5,570 Improvement Value $22,300 Tax Amount $1,787.88 Change Rate +0.01606% Assessed CR Tax Rate +0.064151%
Year 2020 Assessed Value $26,450 Land Value $5,290 Improvement Value $21,160 Tax Amount $1,759.62 Change Rate +0.08816% Assessed CR Tax Rate +0.066526%
Year 2019 Assessed Value $23,770 Land Value $4,750 Improvement Value $19,020 Tax Amount $1,617.06 Change Rate +0.030565% Assessed CR Tax Rate +0.068029%
Year 2018 Assessed Value $21,270 Land Value $4,250 Improvement Value $17,020 Tax Amount $1,569.1 Change Rate +0.036175% Assessed CR Tax Rate +0.073771%
Year 2017 Assessed Value $20,030 Land Value $4,000 Improvement Value $16,030 Tax Amount $1,514.32 Change Rate -0.034025% Assessed CR Tax Rate +0.075603%
Year 2016 Assessed Value $19,230 Land Value $3,840 Improvement Value $15,390 Tax Amount $1,567.66 Change Rate -0.07985% Assessed CR Tax Rate +0.081522%
Year 2015 Assessed Value $18,150 Land Value $3,630 Improvement Value $14,520 Tax Amount $1,703.7 Change Rate Assessed CR Tax Rate +0.093868%