NOT LISTED FOR SALE

119 N Velma Dr Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $674,271 - $742,000

Studio
4 Baths
3,047 Sq Ft
$237/Sq Ft Est. Value

About This Home

This home is located at 119 N Velma Dr, Gilbert, AZ 85233 and is currently estimated at $721,318, approximately $236 per square foot. 119 N Velma Dr is a home located in Maricopa County with nearby schools including Playa Del Rey Elementary School, Mesquite High School, and Mesquite Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 1998
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Shinn Michael D and Shinn Patricia A
Current Estimated Value
$721,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shinn Michael D $247,817 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shinn Michael D $204,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,796 $36,687 -- --
2024 $2,710 $34,940 -- --
2023 $2,710 $52,450 $10,490 $41,960
2022 $2,626 $39,560 $7,910 $31,650
2021 $2,774 $37,820 $7,560 $30,260
2020 $2,731 $35,680 $7,130 $28,550
2019 $2,510 $33,360 $6,670 $26,690
2018 $2,436 $30,880 $6,170 $24,710
2017 $2,351 $29,660 $5,930 $23,730
2016 $2,435 $29,110 $5,820 $23,290
2015 $2,219 $30,350 $6,070 $24,280
Source: Public Records

Map

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

119 N Velma Dr, Gilbert, AZ

Not Listed for Sale

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