NOT LISTED FOR SALE

42 N Velma Dr Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $810,504 - $873,000

-- Bed
5 Baths
3,047 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 42 N Velma Dr, Gilbert, AZ 85233 and is currently estimated at $833,626, approximately $273 per square foot. 42 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
Dec 17, 2024
Sold by
Hoffmann John Jamieson
Bought by
Jamieson Hoffman Family Trust and Hoffman
Current Estimated Value
$833,626

Purchase Details

Closed on
Jul 5, 2019
Sold by
Hoffman John Jamieson and Hoffman Lindsey Alice
Bought by
Hoffman Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2018
Sold by
Hoffman Jamie and Hoffman Alice
Bought by
Hoffman John Jamieson and Hoffman Lindsey Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2018
Sold by
Rana Kenneth D and Rana Donna J
Bought by
Hoffman Jamie and Hoffman Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2017
Sold by
Rana Kenneth D and Rana Donna J
Bought by
Rana Kenneth D and Rana Donna J

Purchase Details

Closed on
Apr 29, 2002
Sold by
Gauff Robin L
Bought by
Rana Kenneth D and Rana Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,330
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1998
Sold by
Gauff Anthony A
Bought by
Gauff Robin L

Purchase Details

Closed on
May 20, 1998
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Gauff Robin L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Jamieson Hoffman Family Trust -- None Listed On Document
Jamieson Hoffman Family Trust -- None Listed On Document
Hoffman Jamie -- Empire West Title Agency Llc
Hoffman John Jamieson -- Chicago Title Agency Inc
Hoffman Jamie $596,000 Chicago Title Agency Inc
Rana Kenneth D -- None Available
Rana Kenneth D $263,700 First American Title
Gauff Robin L -- First American Title
Gauff Robin L $199,818 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Jamie $513,614
Previous Owner Hoffman Jamie $447,000
Previous Owner Hoffman Jamie $456,200
Previous Owner Hoffman Jamie $451,200
Previous Owner Rana Kenneth D $238,000
Previous Owner Rana Kenneth D $50,000
Previous Owner Rana Kenneth $268,000
Previous Owner Rana Kenneth D $267,500
Previous Owner Rana Kenneth D $237,330
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 $3,080 $41,578 -- --
2024 $3,095 $39,599 -- --
2023 $3,095 $57,950 $11,590 $46,360
2022 $2,992 $43,410 $8,680 $34,730
2021 $3,144 $41,550 $8,310 $33,240
2020 $3,095 $39,430 $7,880 $31,550
2019 $2,844 $36,850 $7,370 $29,480
2018 $2,760 $36,430 $7,280 $29,150
2017 $2,665 $34,660 $6,930 $27,730
2016 $2,759 $34,230 $6,840 $27,390
2015 $2,514 $35,250 $7,050 $28,200
Source: Public Records

Map

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

42 N Velma Dr, Gilbert, AZ

This home is located at 42 N Velma Dr, Gilbert, AZ 85233 and is currently estimated at $833,626, approximately $273 per square foot. 42 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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