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494 W Cotton Ln; Gilbert, AZ Property Details

494 W Cotton Ln, Gilbert, AZ is a Single Family that was built in 2000. This property is currently a cash purchase and is not for sale. Our records show that 494 W Cotton Ln has 4 bedrooms, and 3 bathrooms, and a total of 2,836 square feet. The lot size of 494 W Cotton Ln is 6,720 square feet.

For Rent
494 W Cotton Ln Gilbert, AZ 85233
$2,750 Listing Price
4 Beds
3 Baths
2,836 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2000
  • Purchase Price: $250,000
  • Open Loans / Balance: 1 / $161,421
  • Est. Equity / %: $436,579 / 73.01%
  • Gross Yield: 5.249%
  • APN: 302-20-154
  • Situs County: Maricopa
  • Length Of Ownership: 13 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 2,836/SqFt
  • Lot: 6,720/SqFt
  • Gross: 2,836/SqFt
  • Living: 2,836/SqFt
  • Building: 2,836/SqFt
  • Ground: 1,203/SqFt
  • Price Per Square Foot: $88.15

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: 33.35052 / -111.80043
  • Subdivision: Neely Ranch
  • Property Class: Residential
  • Zoning: R-7
  • County Use Code: 0131

Amenities

  • Plus Four: 5353
  • Bathroom Fixtures: 9
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $101
  • H O A Two: $198
  • H O A Amount: $299
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Quarterly
  • 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

494 W Cotton Ln has no associated ownership info
494 W Cotton Ln has no associated ownership info.

Taxes

494 W Cotton Ln has 9 associated Taxes items

494 W Cotton 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 $26,772. The APN we've located for 494 W Cotton Ln is 302-20-154.

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Taxes
  • Assessed Value:  $26,772
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  302-20-154
  • Market Land Value:  90900
  • Tax Amount:  2464.86
  • Tax Year:  2025
  • Market Value:  454700
  • Market Year:  2025

Tax History

494 W Cotton Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,772 Land Value Improvement Value Tax Amount $2,464.86 Change Rate +0.036012% Assessed CR Tax Rate +0.092069%
Year 2024 Assessed Value $25,497 Land Value Improvement Value Tax Amount $2,379.18 Change Rate -0.003134% Assessed CR Tax Rate +0.093312%
Year 2023 Assessed Value $40,930 Land Value $8,180 Improvement Value $32,750 Tax Amount $2,386.66 Change Rate +0.030634% Assessed CR Tax Rate +0.058311%
Year 2022 Assessed Value $31,210 Land Value $6,240 Improvement Value $24,970 Tax Amount $2,315.72 Change Rate -0.030779% Assessed CR Tax Rate +0.074198%
Year 2021 Assessed Value $29,800 Land Value $5,960 Improvement Value $23,840 Tax Amount $2,389.26 Change Rate +0.014401% Assessed CR Tax Rate +0.080177%
Year 2020 Assessed Value $27,170 Land Value $5,430 Improvement Value $21,740 Tax Amount $2,355.34 Change Rate +0.073968% Assessed CR Tax Rate +0.086689%
Year 2019 Assessed Value $25,230 Land Value $5,040 Improvement Value $20,190 Tax Amount $2,193.12 Change Rate +0.026569% Assessed CR Tax Rate +0.086925%
Year 2018 Assessed Value $23,980 Land Value $4,790 Improvement Value $19,190 Tax Amount $2,136.36 Change Rate +0.033026% Assessed CR Tax Rate +0.089089%
Year 2017 Assessed Value $22,660 Land Value $4,530 Improvement Value $18,130 Tax Amount $2,068.06 Change Rate -0.023616% Assessed CR Tax Rate +0.091265%
Year 2016 Assessed Value $22,270 Land Value $4,450 Improvement Value $17,820 Tax Amount $2,118.08 Change Rate +0.095% Assessed CR Tax Rate +0.095109%
Year 2015 Assessed Value $21,850 Land Value $4,370 Improvement Value $17,480 Tax Amount $1,934.32 Change Rate -0.025885% Assessed CR Tax Rate +0.088527%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,985.72 Change Rate Assessed CR Tax Rate