NOT LISTED FOR SALE

740 N Ocotillo Ln Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $524,700 - $590,000

3 Beds
2 Baths
2,010 Sq Ft
$278/Sq Ft Est. Value

About This Home

This home is located at 740 N Ocotillo Ln, Gilbert, AZ 85233 and is currently estimated at $558,425, approximately $277 per square foot. 740 N Ocotillo Ln is a home located in Maricopa County with nearby schools including Playa Del Rey Elementary School, Mesquite Junior High School, and Mesquite High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Plaas Michael and Plaas Gail
Bought by
Gail Plaas Trust and Dads Trust
Current Estimated Value
$558,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$206,578
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$351,847

Purchase Details

Closed on
Apr 1, 2021
Sold by
Plaas Michael J and Plaas Gail A
Bought by
Plaas Gail A and Gail Plaas Trust

Purchase Details

Closed on
May 14, 2020
Sold by
Plass Michael J and Plaas Gail A
Bought by
Plaas Michael J and Plaas Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2013
Sold by
Plaas Michael J
Bought by
Plaas Michael J

Purchase Details

Closed on
Jul 27, 2009
Sold by
Ellis Brent L and Ellis Lisa R
Bought by
Plaas Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 1996
Sold by
Fulton Homes Corp
Bought by
Ellis Brent L and Ellis Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.68%
Mortgage Type
New Conventional
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
Gail Plaas Trust -- Pioneer Title Agency Inc
Plaas Michael -- Pioneer Title
Plaas Gail A -- None Available
Plaas Michael J -- Pioneer Title Agency Inc
Plaas Michael J -- Accommodation
Plaas Michael J $200,000 American Title Service Agenc
Ellis Brent L $145,306 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plaas Michael $225,000
Previous Owner Plaas Michael J $191,000
Previous Owner Plaas Michael J $160,000
Previous Owner Ellis Brent L $138,000
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 $2,171 $29,500 -- --
2024 $2,184 $28,095 -- --
2023 $2,184 $43,210 $8,640 $34,570
2022 $2,116 $32,800 $6,560 $26,240
2021 $2,237 $30,870 $6,170 $24,700
2020 $2,201 $28,720 $5,740 $22,980
2019 $2,022 $26,870 $5,370 $21,500
2018 $1,963 $25,060 $5,010 $20,050
2017 $1,895 $23,630 $4,720 $18,910
2016 $1,964 $22,960 $4,590 $18,370
2015 $1,788 $22,830 $4,560 $18,270
Source: Public Records

Map

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

740 N Ocotillo Ln, Gilbert, AZ

This home is located at 740 N Ocotillo Ln, Gilbert, AZ 85233 and is currently estimated at $558,425, approximately $277 per square foot. 740 N Ocotillo Ln is a home located in Maricopa County with nearby schools including Playa Del Rey Elementary School, Mesquite Junior High School, and Mesquite 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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