$482,255 - $504,000
RENTED JAN 18, 2025

491 N Ocotillo Ln Gilbert, AZ 85233

Northwest Gilbert Neighborhood
3 Beds
2 Baths
1,478 Sq Ft
$334 Price per Sq Ft

Last Sold December 13, 2024

Last sale price $500,000 $338 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,908/month

About This Home

As of December 2024

Welcome to the beautiful and serene Cayman Square subdivision. This beautiful single story home features 3 bedrooms, 2 full bathrooms, vaulted ceilings, modern fixtures, stainless steel appliances, a tiled fireplace, and a resort style backyard with sparking pool and extended patio. The community features abundant green space, walking & biking paths as well as easy access to the ultra-versatile McQueen Park. Either a 5 minute drive or a 20 minute walk away from bustling downtown Gilbert, this neighborhood is in one of the most prime East Valley locations. Come check out this beautiful home and enjoy everything the surrounding area has to offer!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Dec 13, 2024
Sold by
Op Gold Llc
Bought by
Encinas Gilbert Llc
Seller's Agent
Kayla Vess
E & G Real Estate Services
Buyer's Agent
Kayla Vess
E & G Real Estate Services
Sold Price
$2,395
Views
79
Current Estimated Value
$493,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,669
Avg. Annual Appreciation
-3.81%

Purchase Details

Closed on
Jun 26, 2024
Sold by
Hoffman Tracy and Thompson Tracy
Bought by
Op Gold Llc

Purchase Details

Listed on
Aug 29, 2013
Closed on
Sep 20, 2013
Sold by
Campbell Brian
Bought by
Hoffman Tracy
Seller's Agent
Joshua Reitz
HomeSmart
Buyer's Agent
Alicia Holman
UCI Realty, L.L.C.
List Price
$203,000
Sold Price
$215,000
Premium/Discount to List
$12,000
5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$211,105
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2012
Sold by
Campbell Amber M
Bought by
Campbell Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2001
Sold by
Cavanaugh Joseph R and Cavanaugh Lori A
Bought by
Campbell Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1995
Sold by
Fulton Homes Corp
Bought by
Cavanaugh Joseph R and Cavanaugh Lory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
7.62%
Mortgage Type
New Conventional

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
Encinas Gilbert Llc $500,000 Magnus Title Agency
Encinas Gilbert Llc $500,000 Magnus Title Agency
Op Gold Llc $455,000 First American Title Insurance
Hoffman Tracy $215,000 Chicago Title Agency Inc
Campbell Brian -- Security Title Agency
Campbell Brian -- Security Title Agency
Campbell Brian $151,500 First American Title
Cavanaugh Joseph R $108,174 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Tracy $195,000
Previous Owner Hoffman Tracy $206,000
Previous Owner Hoffman Tracy $211,105
Previous Owner Campbell Brian $168,800
Previous Owner Campbell Brian $179,000
Previous Owner Campbell Brian $121,200
Previous Owner Cavanaugh Joseph R $107,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2025 01/18/25 Rented $2,395 -4.0% --
01/08/2025 01/08/25 Under Contract -- -- --
12/30/2024 12/30/24 Price Changed $2,495 -3.9% $2 / Sq Ft
12/27/2024 12/27/24 For Rent $2,595 0.0% --
12/13/2024 12/13/24 Sold $500,000 -2.7% $338 / Sq Ft
11/14/2024 11/14/24 Price Changed $513,900 -0.4% $348 / Sq Ft
10/24/2024 10/24/24 Price Changed $515,900 -0.4% $349 / Sq Ft
10/17/2024 10/17/24 For Sale $517,900 +3.6% $350 / Sq Ft
10/17/2024 10/17/24 Off Market $500,000 -- --
10/03/2024 10/03/24 Price Changed $517,900 -0.4% $350 / Sq Ft
09/20/2024 09/20/24 Price Changed $519,900 -1.5% $352 / Sq Ft
08/29/2024 08/29/24 Price Changed $527,900 -0.4% $357 / Sq Ft
08/15/2024 08/15/24 For Sale $529,900 +146.5% $359 / Sq Ft
09/25/2013 09/25/13 Sold $215,000 +5.9% $145 / Sq Ft
08/24/2013 08/24/13 For Sale $203,000 -- $137 / Sq Ft

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 $1,873 $21,260 -- --
2024 $1,561 $20,247 -- --
2023 $1,561 $33,800 $6,760 $27,040
2022 $1,514 $25,810 $5,160 $20,650
2021 $1,599 $24,050 $4,810 $19,240
2020 $1,574 $22,110 $4,420 $17,690
2019 $1,447 $20,300 $4,060 $16,240
2018 $1,404 $18,700 $3,740 $14,960
2017 $1,354 $17,450 $3,490 $13,960
2016 $1,402 $16,720 $3,340 $13,380
2015 $1,277 $16,200 $3,240 $12,960
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kayla Vess

    E & G Real Estate Services

    (480) 550-8500

    26 Total Sales

    Kayla Vess
    Section Image
  • Casey Thompson

    Seller's Agent in 2024

    Casey Thompson

    LPT Realty, LLC

    (480) 549-3539

    1 in this area

    47 Total Sales

    Casey Thompson
    Section Image
  • Steven Hayhurst

    Buyer's Agent in 2024

    Steven Hayhurst

    Keller Williams Realty Sonoran Living

    (602) 620-2891

    1 in this area

    52 Total Sales

    Steven Hayhurst
    Section Image

  • J

    Seller's Agent in 2013

    Joshua Reitz

    HomeSmart

  • Alicia Holman

    Buyer's Agent in 2013

    Alicia Holman

    UCI Realty, L.L.C.

    (480) 560-0923

    6 Total Sales

    Alicia Holman
    Section Image
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Map

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

491 N Ocotillo Ln, Gilbert, AZ

Homes for Sale in Gilbert, AZ

This home is located at 491 N Ocotillo Ln, Gilbert, AZ 85233 and is currently estimated at $493,064, approximately $333 per square foot. 491 N Ocotillo Ln 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.