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55 S Ocean Dr; Gilbert, AZ Property Details

55 S Ocean Dr, Gilbert, AZ is a Single Family that was built in 1988. This property is currently Financed and is not for sale. Our records show that 55 S Ocean Dr has 2 bathrooms, and a total of 1,673 square feet. The lot size of 55 S Ocean Dr is 5,497 square feet.

Off market
55 S Ocean Dr Gilbert, AZ 85233
$20,150 Estimated Value
2 Baths
1,673 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $226,000
  • Open Loans / Balance: 1 / $100,017
  • Est. Equity / %: $368,983 / 78.67%
  • Gross Yield: 5.918%
  • APN: 302-96-500
  • Situs County: Maricopa
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Concrete

Measurements

  • Total: 1,673/SqFt
  • Lot: 5,497/SqFt
  • Gross: 1,673/SqFt
  • Living: 1,673/SqFt
  • Building: 1,673/SqFt
  • Ground: 1,673/SqFt
  • Price Per Square Foot: $135.09

Legal Description

  • Description: ISLANDS PATIO HOMES A AMD LOT 1-94 193-233 MCR 292-05
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: 33.34809 / -111.815895
  • Subdivision: Islands Patio Homes A Amd Lot 1-94 193-2
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 0131

Amenities

  • Plus Four: 5612
  • Bathroom Fixtures: 7
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $364
  • H O A Two: $149
  • H O A Amount: $513
  • H O A One Frequency: Semi-Annual
  • H O A Two Frequency: Monthly
  • 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

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

Taxes

55 S Ocean Dr has 9 associated Taxes items

55 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 $20,150. The APN we've located for 55 S Ocean Dr is 302-96-500.

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Taxes
  • Assessed Value:  $20,150
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  302-96-500
  • Market Land Value:  73900
  • Tax Amount:  1528.62
  • Tax Year:  2025
  • Market Value:  369700
  • Market Year:  2025

Tax History

55 S Ocean Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,150 Land Value Improvement Value Tax Amount $1,528.62 Change Rate +0.039397% Assessed CR Tax Rate +0.075862%
Year 2024 Assessed Value $19,190 Land Value Improvement Value Tax Amount $1,470.68 Change Rate -0.007424% Assessed CR Tax Rate +0.076638%
Year 2023 Assessed Value $32,110 Land Value $6,420 Improvement Value $25,690 Tax Amount $1,481.68 Change Rate +0.03171% Assessed CR Tax Rate +0.046144%
Year 2022 Assessed Value $24,810 Land Value $4,960 Improvement Value $19,850 Tax Amount $1,436.14 Change Rate -0.05349% Assessed CR Tax Rate +0.057886%
Year 2021 Assessed Value $23,480 Land Value $4,690 Improvement Value $18,790 Tax Amount $1,517.3 Change Rate +0.016004% Assessed CR Tax Rate +0.064621%
Year 2020 Assessed Value $22,230 Land Value $4,440 Improvement Value $17,790 Tax Amount $1,493.4 Change Rate +0.088183% Assessed CR Tax Rate +0.067179%
Year 2019 Assessed Value $19,730 Land Value $3,940 Improvement Value $15,790 Tax Amount $1,372.38 Change Rate +0.030609% Assessed CR Tax Rate +0.069558%
Year 2018 Assessed Value $18,330 Land Value $3,660 Improvement Value $14,670 Tax Amount $1,331.62 Change Rate +0.036151% Assessed CR Tax Rate +0.072647%
Year 2017 Assessed Value $17,010 Land Value $3,400 Improvement Value $13,610 Tax Amount $1,285.16 Change Rate -0.034048% Assessed CR Tax Rate +0.075553%
Year 2016 Assessed Value $16,200 Land Value $3,240 Improvement Value $12,960 Tax Amount $1,330.46 Change Rate +0.097431% Assessed CR Tax Rate +0.082127%
Year 2015 Assessed Value $15,260 Land Value $3,050 Improvement Value $12,210 Tax Amount $1,212.34 Change Rate -0.038619% Assessed CR Tax Rate +0.079446%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,261.04 Change Rate Assessed CR Tax Rate