- Assessed Value: $24,006
- Assessed Year: 2025
- Assessed County: Maricopa
- APN: 302-21-464
- Market Land Value: 87900
- Tax Amount: 1817.9
- Tax Year: 2025
- Market Value: 439500
- Market Year: 2025
551 N Ocotillo Ln; Gilbert, AZ Property Details
Off market
551 N Ocotillo Ln Gilbert, AZ 85233
$24,006 Estimated Value
2 Baths
1,627 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1994
- Purchase Price: $109,585
- Est. Equity / %: $472,000 / 100%
- Gross Yield: 6.727%
- APN: 302-21-464
- Situs County: Maricopa
- Length Of Ownership: 31 years, 6 months
Rooms
- 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: 1,627/SqFt
- Lot: 11,265/SqFt
- Gross: 1,739/SqFt
- Living: 1,627/SqFt
- Building: 1,627/SqFt
- Ground: 1,627/SqFt
- Price Per Square Foot: $67.35
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: 33.359734 / -111.81162
- Subdivision: Cayman Square Unit 2
- Property Class: Residential
- Zoning: R-4
- County Use Code: 0131
Amenities
- Pool: true
- Plus Four: 4230
- Bathroom Fixtures: 7
- Cooling: Refrigeration
- Garage: Garage
- Heating: Forced air unit
- Parking: 2
HOA
- H O A One: $50
- H O A Amount: $50
- 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
551 N Ocotillo Ln has no associated ownership info
551 N Ocotillo Ln has no associated ownership info.
Taxes
551 N Ocotillo Ln has 9 associated Taxes items
551 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 $24,006. The APN we've located for 551 N Ocotillo Ln is 302-21-464.
Unlock the full reportTaxes
Tax History
551 N Ocotillo Ln has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $24,006 | Land Value | Improvement Value | Tax Amount $1,817.9 | Change Rate +0.038539% | Assessed CR | Tax Rate +0.075727% |
| Year 2024 | Assessed Value $22,863 | Land Value | Improvement Value | Tax Amount $1,750.44 | Change Rate -0.006764% | Assessed CR | Tax Rate +0.076562% |
| Year 2023 | Assessed Value $39,320 | Land Value $7,860 | Improvement Value $31,460 | Tax Amount $1,762.36 | Change Rate +0.030861% | Assessed CR | Tax Rate +0.044821% |
| Year 2022 | Assessed Value $29,480 | Land Value $5,890 | Improvement Value $23,590 | Tax Amount $1,709.6 | Change Rate -0.053084% | Assessed CR | Tax Rate +0.057992% |
| Year 2021 | Assessed Value $27,420 | Land Value $5,480 | Improvement Value $21,940 | Tax Amount $1,805.44 | Change Rate +0.015467% | Assessed CR | Tax Rate +0.065844% |
| Year 2020 | Assessed Value $25,430 | Land Value $5,080 | Improvement Value $20,350 | Tax Amount $1,777.94 | Change Rate +0.088197% | Assessed CR | Tax Rate +0.069915% |
| Year 2019 | Assessed Value $23,460 | Land Value $4,690 | Improvement Value $18,770 | Tax Amount $1,633.84 | Change Rate +0.030684% | Assessed CR | Tax Rate +0.069644% |
| Year 2018 | Assessed Value $21,750 | Land Value $4,350 | Improvement Value $17,400 | Tax Amount $1,585.2 | Change Rate +0.036471% | Assessed CR | Tax Rate +0.072883% |
| Year 2017 | Assessed Value $20,120 | Land Value $4,020 | Improvement Value $16,100 | Tax Amount $1,529.42 | Change Rate -0.034225% | Assessed CR | Tax Rate +0.076015% |
| Year 2016 | Assessed Value $19,430 | Land Value $3,880 | Improvement Value $15,550 | Tax Amount $1,583.62 | Change Rate +0.097845% | Assessed CR | Tax Rate +0.081504% |
| Year 2015 | Assessed Value $18,860 | Land Value $3,770 | Improvement Value $15,090 | Tax Amount $1,442.48 | Change Rate -0.033411% | Assessed CR | Tax Rate +0.076484% |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,492.34 | Change Rate | Assessed CR | Tax Rate |