Large Location Icon

505 W Fabens Ln; Gilbert, AZ Property Details

505 W Fabens Ln, Gilbert, AZ is a Single Family that was built in 1999. This property is currently a cash purchase and is not for sale. Our records show that 505 W Fabens Ln has 3 bedrooms, and 2 bathrooms, and a total of 2,056 square feet. The lot size of 505 W Fabens Ln is 7,839 square feet.

Off market
505 W Fabens Ln Gilbert, AZ 85233
$560,000 Listing Price
3 Beds
2 Baths
2,056 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1999
  • Purchase Price: $560,000
  • Est. Equity / %: $523,000 / 100%
  • Gross Yield: 6.262%
  • APN: 302-20-196
  • Situs County: Maricopa
  • Length Of Ownership: 3 years

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
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 2,056/SqFt
  • Lot: 7,839/SqFt
  • Gross: 2,320/SqFt
  • Living: 2,056/SqFt
  • Building: 2,056/SqFt
  • Ground: 2,056/SqFt
  • Price Per Square Foot: $272.37

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: 33.351597 / -111.80067
  • Subdivision: Neely Ranch
  • Property Class: Residential
  • Zoning: R-7
  • County Use Code: 0131

Amenities

  • Pool: true
  • Plus Four: 5319
  • Bathroom Fixtures: 7
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $110
  • H O A Amount: $110
  • H O A One Frequency: Monthly
  • 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

505 W Fabens Ln has no associated ownership info
505 W Fabens Ln has no associated ownership info.

Taxes

505 W Fabens Ln has 9 associated Taxes items

505 W Fabens 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 $25,606. The APN we've located for 505 W Fabens Ln is 302-20-196.

Unlock the full report
Taxes
  • Assessed Value:  $25,606
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  302-20-196
  • Market Land Value:  89800
  • Tax Amount:  1957.8
  • Tax Year:  2025
  • Market Value:  449200
  • Market Year:  2025

Tax History

505 W Fabens Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,606 Land Value Improvement Value Tax Amount $1,957.8 Change Rate +0.037487% Assessed CR Tax Rate +0.076459%
Year 2024 Assessed Value $24,386 Land Value Improvement Value Tax Amount $1,887.06 Change Rate -0.005921% Assessed CR Tax Rate +0.077383%
Year 2023 Assessed Value $40,360 Land Value $8,070 Improvement Value $32,290 Tax Amount $1,898.3 Change Rate +0.034023% Assessed CR Tax Rate +0.047034%
Year 2022 Assessed Value $30,700 Land Value $6,140 Improvement Value $24,560 Tax Amount $1,835.84 Change Rate -0.05049% Assessed CR Tax Rate +0.059799%
Year 2021 Assessed Value $29,230 Land Value $5,840 Improvement Value $23,390 Tax Amount $1,933.46 Change Rate +0.015036% Assessed CR Tax Rate +0.066146%
Year 2020 Assessed Value $26,580 Land Value $5,310 Improvement Value $21,270 Tax Amount $1,904.82 Change Rate +0.084922% Assessed CR Tax Rate +0.071664%
Year 2019 Assessed Value $24,610 Land Value $4,920 Improvement Value $19,690 Tax Amount $1,755.72 Change Rate +0.029591% Assessed CR Tax Rate +0.071342%
Year 2018 Assessed Value $23,070 Land Value $4,610 Improvement Value $18,460 Tax Amount $1,705.26 Change Rate +0.035348% Assessed CR Tax Rate +0.073917%
Year 2017 Assessed Value $21,500 Land Value $4,300 Improvement Value $17,200 Tax Amount $1,647.04 Change Rate -0.0322% Assessed CR Tax Rate +0.076607%
Year 2016 Assessed Value $21,030 Land Value $4,200 Improvement Value $16,830 Tax Amount $1,701.84 Change Rate +0.095671% Assessed CR Tax Rate +0.080924%
Year 2015 Assessed Value $20,720 Land Value $4,140 Improvement Value $16,580 Tax Amount $1,553.24 Change Rate -0.041979% Assessed CR Tax Rate +0.074963%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,621.3 Change Rate Assessed CR Tax Rate