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502 N Falcon Dr; Gilbert, AZ Property Details

502 N Falcon Dr, Gilbert, AZ is a Single Family that was built in 1999. This property is currently Financed and is not for sale. Our records show that 502 N Falcon Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,292 square feet. The lot size of 502 N Falcon Dr is 7,697 square feet.

Off market
502 N Falcon Dr Gilbert, AZ 85234
$535,000 Listing Price
4 Beds
2.5 Baths
2,292 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1999
  • Purchase Price: $535,000
  • Open Loans / Balance: 1 / $508,250
  • Est. Equity / %: $55,750 / 9.88%
  • Gross Yield: 5.755%
  • APN: 304-16-306
  • Situs County: Maricopa
  • Length Of Ownership: 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 2,292/SqFt
  • Lot: 7,697/SqFt
  • Gross: 2,506/SqFt
  • Living: 2,292/SqFt
  • Building: 2,292/SqFt
  • Ground: 2,292/SqFt
  • Price Per Square Foot: $233.42

Legal Description

  • Description: HIGHLAND RANCH PHASE 2 AMD MCR 439-34
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: 33.3599 / -111.695915
  • Subdivision: Highland Ranch Phase 2 Amd
  • Property Class: Residential
  • Zoning: R-7
  • County Use Code: 0141

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7649
  • Bathroom Fixtures: 8
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Quarterly
  • H O A One Name: Highlands Ranch Ii Homeowners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

502 N Falcon Dr has no associated ownership info
502 N Falcon Dr has no associated ownership info.

Taxes

502 N Falcon Dr has 9 associated Taxes items

502 N Falcon 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 $26,245. The APN we've located for 502 N Falcon Dr is 304-16-306.

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Taxes
  • Assessed Value:  $26,245
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-16-306
  • Market Land Value:  87800
  • Tax Amount:  2030.64
  • Tax Year:  2025
  • Market Value:  439000
  • Market Year:  2025

Tax History

502 N Falcon Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,245 Land Value Improvement Value Tax Amount $2,030.64 Change Rate +0.039169% Assessed CR Tax Rate +0.077372%
Year 2024 Assessed Value $24,995 Land Value Improvement Value Tax Amount $1,954.1 Change Rate -0.007386% Assessed CR Tax Rate +0.07818%
Year 2023 Assessed Value $39,910 Land Value $7,980 Improvement Value $31,930 Tax Amount $1,968.64 Change Rate +0.030939% Assessed CR Tax Rate +0.049327%
Year 2022 Assessed Value $30,220 Land Value $6,040 Improvement Value $24,180 Tax Amount $1,909.56 Change Rate -0.050471% Assessed CR Tax Rate +0.063189%
Year 2021 Assessed Value $28,680 Land Value $5,730 Improvement Value $22,950 Tax Amount $2,011.06 Change Rate +0.017918% Assessed CR Tax Rate +0.070121%
Year 2020 Assessed Value $27,030 Land Value $5,400 Improvement Value $21,630 Tax Amount $1,975.66 Change Rate +0.085015% Assessed CR Tax Rate +0.073091%
Year 2019 Assessed Value $24,970 Land Value $4,990 Improvement Value $19,980 Tax Amount $1,820.86 Change Rate +0.032409% Assessed CR Tax Rate +0.072922%
Year 2018 Assessed Value $23,580 Land Value $4,710 Improvement Value $18,870 Tax Amount $1,763.7 Change Rate +0.035947% Assessed CR Tax Rate +0.074796%
Year 2017 Assessed Value $22,480 Land Value $4,490 Improvement Value $17,990 Tax Amount $1,702.5 Change Rate -0.033911% Assessed CR Tax Rate +0.075734%
Year 2016 Assessed Value $21,860 Land Value $4,370 Improvement Value $17,490 Tax Amount $1,762.26 Change Rate +0.099091% Assessed CR Tax Rate +0.080616%
Year 2015 Assessed Value $20,720 Land Value $4,140 Improvement Value $16,580 Tax Amount $1,603.38 Change Rate -0.035596% Assessed CR Tax Rate +0.077383%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,662.56 Change Rate Assessed CR Tax Rate