RENTED APR 23, 2026

494 W Cotton Ln Gilbert, AZ 85233

Heritage District Neighborhood

Estimated Value: $570,233 - $621,000

4 Beds
2.5 Baths
2,836 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: October 11, 2012

Last sale price $250,000 $88 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,357 / mo

Highlights

  • Loft
  • Central Air
  • Heating System Uses Natural Gas
  • Covered Patio or Porch
  • Carpet

About This Home

As of April 2026

This 4 bedroom 2.5 bath homes All bedrooms are upstairs and have walk in closets, and loft area. Rent includes landscaping service. Tenant to verify schools.

Last Agent to Rent the Property

Julie Misner

RAN Realty & Property Management License #SA517561000 Listed on: 04/08/2026

Last Renter's Agent

Non-Represented Buyer

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 6,719

Parking

  • 2 Car Garage

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Loft
  • Carpet

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Oak Tree Elementary School
  • Mesquite Elementary School - Gilbert Middle School
  • Mesquite Elementary School - Gilbert High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • 6,719 Sq Ft Lot

Community Details

  • Property has a Home Owners Association
  • Neely Ranch Association
  • Neely Farms Subdivision

Listing and Financial Details

  • Property Available on 4/10/26
  • Rent includes gardening service
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 302-20-154

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

6,719 Sq Ft Lot

Parking

2

Rental Info

  • Rent Includes: Gardening Service
  • Available Date: 2026-04-10

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2000
  • Non Assistive Animals: Yes
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.15
  • Subdivision Name: Neely Farms
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave, Electric Range, Electric Oven, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2836.0
  • Stories: 2

Exterior Features

  • Pool Private: No
  • Disclosures: None
  • Common Walls: Two Levels
  • Patio And Porch Features: Covered Patio(s)

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Neely Ranch
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Elementary School: Oak Tree Elementary
  • High School: Mesquite Elementary School - Gilbert
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Elementary School - Gilbert

Lot Info

  • Lot Size Sq Ft: 6719.0
  • Parcel #: 302-20-154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2012
Closed on
Oct 9, 2012
Sold by
P & W Investments Properties Llc
Bought by
Montero Llc
Seller's Agent
Howard Pierce
Western Heights Realty
Buyer's Agent
Doug Lewis
Res Comm Realty
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$594,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,558
Avg. Annual Appreciation
6.59%

Purchase Details

Listed on
Mar 28, 2012
Closed on
Apr 28, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
P & W Investment Properties Llc
Seller's Agent
James Samsing
Save With One LLC
Buyer's Agent
Howard Pierce
Western Heights Realty
List Price
$198,000
Sold Price
$196,779
Premium/Discount to List
-$1,221
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.23%

Purchase Details

Closed on
Jan 10, 2012
Sold by
Salvador Hector E and Montufar Elba J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 9, 2006
Sold by
Cheung Allan K and Cheung Elsa M
Bought by
Salvador Hector E and Montufar Elba J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2005
Sold by
Cheung Elsa M
Bought by
Cheung Allan K and Cheung Elsa M

Purchase Details

Closed on
Jan 31, 2005
Sold by
Cheung Allan K
Bought by
Cheung Elsa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2004
Sold by
Szeto Paulen
Bought by
Deng Wei Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2004
Sold by
Deng Wei Hong
Bought by
Cheung Elsa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2003
Sold by
Ong Ying
Bought by
Deng Wei Hong and Szeto Paulen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.72%

Purchase Details

Closed on
Nov 12, 2001
Sold by
Ong Ying
Bought by
Ong Ying and Deng Wei Hong

Purchase Details

Closed on
Nov 9, 2001
Sold by
Ong Chuen
Bought by
Ong Ying

Purchase Details

Closed on
Apr 26, 2000
Sold by
Kaufman & Broad Home Sales Of Az Inc
Bought by
Ong Chuen and Ong Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montero Llc $250,000 Lawyers Title Of Arizona Inc
P & W Investment Properties Llc $196,779 Premium Title Agency Inc
Deutsche Bank National Trust Company $176,000 None Available
Salvador Hector E $375,000 Fidelity National Title
Cheung Allan K -- Transnation Title
Cheung Elsa M -- Transnation Title
Deng Wei Hong -- Transnation Title
Cheung Elsa M $238,000 Transnation Title
Deng Wei Hong -- Lawyers Title Of Arizona Inc
Ong Ying -- --
Ong Ying -- Grand Canyon Title Agency In
Ong Ying -- Grand Canyon Title Agency In
Ong Chuen $170,015 First American Title
Kaufman & Broad Home Sales Of Az Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salvador Hector E $300,000
Previous Owner Cheung Elsa M $190,400
Previous Owner Deng Wei Hong $190,400
Previous Owner Cheung Elsa M $190,400
Previous Owner Deng Wei Hong $70,000
Previous Owner Ong Chuen $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2026 04/23/26 Rented $2,750 0.0% --
04/22/2026 04/22/26 Off Market $2,750 -- --
04/15/2026 04/15/26 Price Changed $2,750 -3.5% $1 / Sq Ft
04/08/2026 04/08/26 For Rent $2,850 -3.4% --
05/18/2023 05/18/23 Rented $2,950 0.0% --
05/16/2023 05/16/23 Under Contract -- -- --
03/20/2023 03/20/23 For Rent $2,950 0.0% --
10/11/2012 10/11/12 Sold $250,000 -3.7% $88 / Sq Ft View Prior Sale
09/25/2012 09/25/12 Pending -- -- --
09/22/2012 09/22/12 Price Changed $259,500 -0.1% $92 / Sq Ft
09/16/2012 09/16/12 Price Changed $259,699 0.0% $92 / Sq Ft
09/10/2012 09/10/12 Price Changed $259,750 -0.1% $92 / Sq Ft
09/05/2012 09/05/12 Price Changed $259,900 -2.9% $92 / Sq Ft
09/02/2012 09/02/12 Price Changed $267,650 0.0% $94 / Sq Ft
08/31/2012 08/31/12 Price Changed $267,750 0.0% $94 / Sq Ft
08/29/2012 08/29/12 Price Changed $267,800 0.0% $94 / Sq Ft
08/28/2012 08/28/12 Price Changed $267,900 -0.1% $94 / Sq Ft
08/24/2012 08/24/12 Price Changed $268,250 -0.1% $95 / Sq Ft
08/23/2012 08/23/12 Price Changed $268,500 -0.1% $95 / Sq Ft
08/21/2012 08/21/12 Price Changed $268,900 -0.4% $95 / Sq Ft
08/12/2012 08/12/12 For Sale $269,900 0.0% $95 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
07/11/2012 07/11/12 Price Changed $269,900 -1.8% $95 / Sq Ft
07/06/2012 07/06/12 Price Changed $274,900 -1.8% $97 / Sq Ft
06/26/2012 06/26/12 For Sale $279,900 +42.2% $99 / Sq Ft
04/30/2012 04/30/12 Sold $196,779 -0.6% $69 / Sq Ft View Prior Sale
04/05/2012 04/05/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $198,000 -- $70 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,465 $26,772 -- --
2024 $2,387 $25,497 -- --
2023 $2,387 $40,930 $8,180 $32,750
2022 $2,316 $31,210 $6,240 $24,970
2021 $2,389 $29,800 $5,960 $23,840
2020 $2,355 $27,170 $5,430 $21,740
2019 $2,193 $25,230 $5,040 $20,190
2018 $2,136 $23,980 $4,790 $19,190
2017 $2,068 $22,660 $4,530 $18,130
2016 $2,118 $22,270 $4,450 $17,820
2015 $1,934 $21,850 $4,370 $17,480
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2026

    Julie Misner

    RAN Realty & Property Management

    (480) 844-0600

    1 in this area

    30 Total Sales

    Julie Misner
    Section Image

  • N

    Tenant's Agent in 2026

    Non-Represented Buyer

    Non-MLS Office

  • C

    Seller Co-Listing Agent in 2023

    Christopher Rizen

    RAN Realty & Property Management

    (480) 844-0600

    4 Total Sales

    Christopher Rizen
    Section Image
  • James Covey

    Buyer's Agent in 2023

    James Covey

    HomeSmart

    (602) 526-6023

    109 Total Sales

    James Covey
    Section Image

  • D

    Buyer's Agent in 2023

    Dave Covey

    Realty Executives

  • H

    Seller's Agent in 2012

    Howard Pierce

    Western Heights Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7010810

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-20-154

Arizona Maricopa County Gilbert 85233 Heritage District

494 W Cotton Ln, Gilbert, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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