2 months on rocket

491 N Ocotillo Ln, Gilbert, AZ, 85233

$515,900

Home List Price

$6,126*

Closing Credit

3 Bedrooms
2 Baths
1,478 SqFt
$349/SqFt
House

Location

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491 N Ocotillo Ln, Gilbert$515,900

Buyer Closing Credits

$6,126*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttch'd Gar Cabinets, Electric Door Opener
Garage2 spaces
Year Built1995
HeatingElectric
CoolingCeiling Fan(s)
Fireplace1 Fireplace, Living Room
Private PoolYes
MLS #6744323
Lot Size0.12 Acres
StatusActive

About 491 N Ocotillo Ln

Welcome to the beautiful and serene Cayman Square subdivision. 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. Equipped with 3 bedrooms, 2 full bathrooms, vaulted ceilings and a resort-style back yard featuring a private pool, this fantastic home is not to be missed. Seller upgrades include fresh interior paint, new carpet, a full termite treatment, a brand new SS oven, cleaned up landscaping and a newly-resurfaced pool lining. The community features abundant green space, walking & biking paths as well as easy access to the ultra-versatile McQueen Park. Come check out this beautiful home and enjoy everything the surrounding area has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1995
  • Stories: 1
  • Living Area: 1,478 SqFt

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (602) 755-3415
  • Listing Agent: Casey M Thompson

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl, Tile
  • Interior: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Fireplace: 1 Fireplace, Living Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Covered Patio(s), Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attch'd Gar Cabinets, Electric Door Opener

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Gilbert Global Academy High School, Public District Grades 9-12
  • Mesquite High School, Public District Grades 9-12
  • Gilbert Classical Academy High School, Public District Grades 9-12
  • Mesquite Jr High School, Public District Grades 7-8
  • Playa Del Rey Elementary School, Public District Grades PK-6
  • Neely Traditional Academy, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,900
  • Price Per SqFt: $349/SqFt

HOA Fees:

  • Amount: $48
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,599
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gilbert, AZ.

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Gilbert, AZ

City

Med. Sold Price

$585.2K

Med. Price/SqFt

$288

Avg. Days On Market

57

# of Sold Homes

236

491 N Ocotillo Ln vs Gilbert

82 DAYS ON ROCKET

+25 Days

$515,900

-$69.3K Less

$349/SqFt

+$61 More

KEY TAKEAWAY

This property is $69.3K less than the Median Sold Price and $61/SqFt more than other homes in Gilbert, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6744323

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (602) 755-3415
  • Listing Agent: Casey M Thompson

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 25, 2013Home Sold
$215,000
Dec 26, 2001Home Sold
$151,500
Jul 26, 1995Home Sold
$108,174

Tax History

YEARPROP. TAXASSESSMENT
2021$1,599$24,050
2020$1,574$22,110
2019$1,403$20,300
2017$1,354$17,450

History based on county public records data.

Payment Calculator

$2,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,613

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-50734
6
/10

  • Playa Del Rey Elementary School

  • 550 N Horne St

  • 0.31 miles

  • Public District Grades PK-6

school-card-donut-50735
10
/10

  • Neely Traditional Academy

  • 321 W Juniper Ave

  • 0.81 miles

  • Public District Grades PK-6

Middle School

school-card-donut-50736
4
/10

  • Mesquite Jr High School

  • 130 W Mesquite St

  • 1.35 miles

  • Public District Grades 7-8

High School

school-card-donut-50737
3
/10

  • Gilbert Global Academy High School

  • 140 S Gilbert Rd

  • 1.41 miles

  • Public District Grades 9-12

school-card-donut-50738
4
/10

  • Mesquite High School

  • 500 S Mcqueen Rd

  • 1.48 miles

  • Public District Grades 9-12

school-card-donut-50739
10
/10

  • Gilbert Classical Academy High School

  • 55 N Greenfield Rd

  • 4.32 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,750. Typical income of Gilbert, AZ residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 491 N Ocotillo Ln

What is the listing price of this property?

The listing price of 491 N Ocotillo Ln property is $515,900.

What type of property is this?

The property 491 N Ocotillo Ln is a house located in Gilbert, Arizona, 85233.

Is this property for sale now?

Active Listing: 491 N Ocotillo Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 491 N Ocotillo Ln are:
Playa Del Rey Elementary School: GreatSchools Rating 6/10
Neely Traditional Academy: GreatSchools Rating 10/10
Mesquite Jr High School: GreatSchools Rating 4/10
Gilbert Global Academy High School: GreatSchools Rating 3/10
Mesquite High School: GreatSchools Rating 4/10
Gilbert Classical Academy High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,599 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 25, 2013 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 491 N Ocotillo Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 491 N Ocotillo Ln is 1,478 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 491 N Ocotillo Ln is 1995.

Rocket Homes›Arizona›Maricopa County›Gilbert›85233›491 N Ocotillo Ln

This home is located at 491 N Ocotillo Ln in Gilbert, AZ and zip code 85233 in the Cayman Square neighborhood. This 1,478 square foot home, which was built in 1995, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $515,900.

In October 2024 more than 28 listings in Gilbert, AZ were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 138 were sold below. In October 2024 in Gilbert, AZ there were 4.4% more homes for sale than in September 2024. In October 2024, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $585,235.

From Rocket Homes Real Estate and based on county public records data.

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