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491 N Ocotillo Ln; Gilbert, AZ Property Details

491 N Ocotillo Ln, Gilbert, AZ is a Single Family that was built in 1995. This property is currently a cash purchase and is not for sale. Our records show that 491 N Ocotillo Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,478 square feet. The lot size of 491 N Ocotillo Ln is 5,279 square feet.

For Rent
491 N Ocotillo Ln Gilbert, AZ 85233
$2,495 Listing Price
3 Beds
2 Baths
1,478 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1995
  • Purchase Price: $500,000
  • Est. Equity / %: $471,000 / 100%
  • Gross Yield: 6.357%
  • APN: 302-21-544
  • Situs County: Maricopa
  • Length Of Ownership: 1 year, 8 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
  • Pool Type: Yes
  • Roof Cover Type: Concrete

Measurements

  • Total: 1,478/SqFt
  • Lot: 5,279/SqFt
  • Gross: 1,590/SqFt
  • Living: 1,478/SqFt
  • Building: 1,478/SqFt
  • Ground: 1,478/SqFt
  • Price Per Square Foot: $338.29

Legal Description

  • Description: CAYMAN SQUARE UNIT 2 MCR 378-48
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: 33.358734 / -111.811554
  • Subdivision: Cayman Square Unit 2
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 0131

Amenities

  • Pool: true
  • Plus Four: 4221
  • Bathroom Fixtures: 7
  • Cooling: Refrigeration
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $52
  • H O A Amount: $52
  • H O A One Frequency: Monthly
  • H O A One Name: Cayman Square Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

491 N Ocotillo Ln has no associated ownership info
491 N Ocotillo Ln has no associated ownership info.

Taxes

491 N Ocotillo Ln has 9 associated Taxes items

491 N Ocotillo 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 $21,260. The APN we've located for 491 N Ocotillo Ln is 302-21-544.

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Taxes
  • Assessed Value:  $21,260
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  302-21-544
  • Market Land Value:  75700
  • Tax Amount:  1941.64
  • Tax Year:  2025
  • Market Value:  378800
  • Market Year:  2025

Tax History

491 N Ocotillo Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $21,260 Land Value Improvement Value Tax Amount $1,941.64 Change Rate +0.036813% Assessed CR Tax Rate +0.091328%
Year 2024 Assessed Value $20,247 Land Value Improvement Value Tax Amount $1,872.7 Change Rate +0.199849% Assessed CR Tax Rate +0.092493%
Year 2023 Assessed Value $33,800 Land Value $6,760 Improvement Value $27,040 Tax Amount $1,560.78 Change Rate +0.030926% Assessed CR Tax Rate +0.046177%
Year 2022 Assessed Value $25,810 Land Value $5,160 Improvement Value $20,650 Tax Amount $1,513.96 Change Rate -0.053077% Assessed CR Tax Rate +0.058658%
Year 2021 Assessed Value $24,050 Land Value $4,810 Improvement Value $19,240 Tax Amount $1,598.82 Change Rate +0.015511% Assessed CR Tax Rate +0.066479%
Year 2020 Assessed Value $22,110 Land Value $4,420 Improvement Value $17,690 Tax Amount $1,574.4 Change Rate +0.088165% Assessed CR Tax Rate +0.071208%
Year 2019 Assessed Value $20,300 Land Value $4,060 Improvement Value $16,240 Tax Amount $1,446.84 Change Rate +0.030616% Assessed CR Tax Rate +0.071273%
Year 2018 Assessed Value $18,700 Land Value $3,740 Improvement Value $14,960 Tax Amount $1,403.86 Change Rate +0.036518% Assessed CR Tax Rate +0.075073%
Year 2017 Assessed Value $17,450 Land Value $3,490 Improvement Value $13,960 Tax Amount $1,354.4 Change Rate -0.034227% Assessed CR Tax Rate +0.077616%
Year 2016 Assessed Value $16,720 Land Value $3,340 Improvement Value $13,380 Tax Amount $1,402.4 Change Rate +0.097786% Assessed CR Tax Rate +0.083876%
Year 2015 Assessed Value $16,200 Land Value $3,240 Improvement Value $12,960 Tax Amount $1,277.48 Change Rate -0.031405% Assessed CR Tax Rate +0.078857%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,318.9 Change Rate Assessed CR Tax Rate