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62 N Velma Dr; Gilbert, AZ Property Details

62 N Velma Dr, Gilbert, AZ is a Single Family that was built in 1999. This property is currently Financed,New Construction and is not for sale. Our records show that 62 N Velma Dr has 4 bathrooms, and a total of 3,077 square feet. The lot size of 62 N Velma Dr is 8,046 square feet.

Off market
62 N Velma Dr Gilbert, AZ 85233
$35,840 Estimated Value
4 Baths
3,077 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1999
  • Purchase Price: $228,028
  • Est. Equity / %: $678,000 / 100%
  • Gross Yield: 6.319%
  • APN: 310-09-162
  • Situs County: Maricopa
  • Length Of Ownership: 27 years, 6 months

Rooms

  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 9

Structure

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

Measurements

  • Total: 3,077/SqFt
  • Lot: 8,046/SqFt
  • Gross: 3,244/SqFt
  • Living: 3,077/SqFt
  • Building: 3,077/SqFt
  • Ground: 1,677/SqFt
  • Price Per Square Foot: $74.11

Legal Description

  • Description: SUMMER MEADOWS PARCEL 3 MCR 428-46
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: 33.35078 / -111.81447
  • Subdivision: Summer Meadows Parcel 3
  • Property Class: Residential
  • Zoning: R-7
  • County Use Code: 0141

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 5234
  • Bathroom Fixtures: 12
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One: $249
  • H O A Amount: $249
  • H O A One Frequency: Semi-Annual
  • H O A One Name: Summer Meadows Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

62 N Velma Dr has no associated ownership info
62 N Velma Dr has no associated ownership info.

Taxes

62 N Velma Dr has 9 associated Taxes items

62 N Velma 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 $35,840. The APN we've located for 62 N Velma Dr is 310-09-162.

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Taxes
  • Assessed Value:  $35,840
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  310-09-162
  • Market Land Value:  110600
  • Tax Amount:  2731.24
  • Tax Year:  2025
  • Market Value:  553000
  • Market Year:  2025

Tax History

62 N Velma Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,840 Land Value Improvement Value Tax Amount $2,731.24 Change Rate +0.039166% Assessed CR Tax Rate +0.076206%
Year 2024 Assessed Value $34,133 Land Value Improvement Value Tax Amount $2,628.3 Change Rate -0.007207% Assessed CR Tax Rate +0.077002%
Year 2023 Assessed Value $50,170 Land Value $10,030 Improvement Value $40,140 Tax Amount $2,647.38 Change Rate +0.031819% Assessed CR Tax Rate +0.052768%
Year 2022 Assessed Value $38,510 Land Value $7,700 Improvement Value $30,810 Tax Amount $2,565.74 Change Rate -0.053198% Assessed CR Tax Rate +0.066625%
Year 2021 Assessed Value $36,900 Land Value $7,380 Improvement Value $29,520 Tax Amount $2,709.9 Change Rate +0.015865% Assessed CR Tax Rate +0.073439%
Year 2020 Assessed Value $34,760 Land Value $6,950 Improvement Value $27,810 Tax Amount $2,667.58 Change Rate +0.088009% Assessed CR Tax Rate +0.076743%
Year 2019 Assessed Value $32,500 Land Value $6,500 Improvement Value $26,000 Tax Amount $2,451.8 Change Rate +0.030437% Assessed CR Tax Rate +0.07544%
Year 2018 Assessed Value $29,780 Land Value $5,950 Improvement Value $23,830 Tax Amount $2,379.38 Change Rate +0.035837% Assessed CR Tax Rate +0.079899%
Year 2017 Assessed Value $28,730 Land Value $5,740 Improvement Value $22,990 Tax Amount $2,297.06 Change Rate -0.034273% Assessed CR Tax Rate +0.079953%
Year 2016 Assessed Value $28,120 Land Value $5,620 Improvement Value $22,500 Tax Amount $2,378.58 Change Rate +0.097465% Assessed CR Tax Rate +0.084587%
Year 2015 Assessed Value $29,310 Land Value $5,860 Improvement Value $23,450 Tax Amount $2,167.34 Change Rate -0.048494% Assessed CR Tax Rate +0.073945%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,277.8 Change Rate Assessed CR Tax Rate