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988 E Lowell Ave; Gilbert, AZ Property Details

988 E Lowell Ave, Gilbert, AZ is a Single Family that was built in 2015. This property is currently Financed and is not for sale. Our records show that 988 E Lowell Ave has 6 bedrooms, and 5 bathrooms, and a total of 5,240 square feet. The lot size of 988 E Lowell Ave is 12,600 square feet.

Off market
988 E Lowell Ave Gilbert, AZ 85295
$815,000 Listing Price
6 Beds
5 Baths
5,240 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2015
  • Purchase Price: $815,000
  • Open Loans / Balance: 2 / $703,699
  • Est. Equity / %: $530,301 / 42.97%
  • Gross Yield: 5.362%
  • APN: 304-86-828
  • Situs County: Maricopa
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full Bathrooms: 5

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Combination
  • Pool Type: Yes
  • Roof Cover Type: Concrete

Measurements

  • Total: 5,240/SqFt
  • Lot: 12,600/SqFt
  • Gross: 5,384/SqFt
  • Living: 5,240/SqFt
  • Building: 5,240/SqFt
  • Ground: 2,621/SqFt
  • Price Per Square Foot: $155.53

Legal Description

  • Description: ESTATES AT VELVENDO PHASE 2 MCR 1161-14
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: 33.30019 / -111.768845
  • Subdivision: Estates At Velvendo Phase 2
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 0141

Amenities

  • Pool: true
  • Plus Four: 1117
  • Bathroom Fixtures: 16
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One: $375
  • H O A Amount: $375
  • H O A One Frequency: Quarterly
  • H O A One Name: Velvendo Community Association
  • H O A One Type: Home Owner Association

Ownership Info

988 E Lowell Ave has no associated ownership info
988 E Lowell Ave has no associated ownership info.

Taxes

988 E Lowell Ave has 9 associated Taxes items

988 E Lowell Ave, 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 $57,558. The APN we've located for 988 E Lowell Ave is 304-86-828.

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Taxes
  • Assessed Value:  $57,558
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-86-828
  • Market Land Value:  188600
  • Tax Amount:  4670.58
  • Tax Year:  2025
  • Market Value:  943200
  • Market Year:  2025

Tax History

988 E Lowell Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,558 Land Value Improvement Value Tax Amount $4,670.58 Change Rate +0.043574% Assessed CR Tax Rate +0.081146%
Year 2024 Assessed Value $54,817 Land Value Improvement Value Tax Amount $4,475.56 Change Rate -0.005763% Assessed CR Tax Rate +0.081645%
Year 2023 Assessed Value $86,260 Land Value $17,250 Improvement Value $69,010 Tax Amount $4,501.5 Change Rate +0.033853% Assessed CR Tax Rate +0.052185%
Year 2022 Assessed Value $64,130 Land Value $12,820 Improvement Value $51,310 Tax Amount $4,354.1 Change Rate -0.035957% Assessed CR Tax Rate +0.067895%
Year 2021 Assessed Value $61,600 Land Value $12,320 Improvement Value $49,280 Tax Amount $4,516.5 Change Rate +0.016932% Assessed CR Tax Rate +0.07332%
Year 2020 Assessed Value $58,970 Land Value $11,790 Improvement Value $47,180 Tax Amount $4,441.3 Change Rate +0.085983% Assessed CR Tax Rate +0.075315%
Year 2019 Assessed Value $57,870 Land Value $11,570 Improvement Value $46,300 Tax Amount $4,089.66 Change Rate +0.030343% Assessed CR Tax Rate +0.07067%
Year 2018 Assessed Value $55,150 Land Value $11,030 Improvement Value $44,120 Tax Amount $3,969.22 Change Rate +0.03285% Assessed CR Tax Rate +0.071971%
Year 2017 Assessed Value $54,130 Land Value $10,820 Improvement Value $43,310 Tax Amount $3,842.98 Change Rate -0.036668% Assessed CR Tax Rate +0.070995%
Year 2016 Assessed Value $49,470 Land Value $9,890 Improvement Value $39,580 Tax Amount $3,989.26 Change Rate +4.51475% Assessed CR Tax Rate +0.08064%
Year 2015 Assessed Value $7,952 Land Value $7,952 Improvement Value Tax Amount $723.38 Change Rate +1.383303% Assessed CR Tax Rate +0.090968%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $303.52 Change Rate Assessed CR Tax Rate