502 E Phelps Ct, Gilbert, AZ 85295 Property Records

Maricopa County property record for 502 E Phelps Ct, Gilbert, AZ 85295 · Last verified November 2025

Property Highlights

Property Type	Residential > Single Family > Home
Bathrooms	4 Baths
Year Built	Built 2003
Square Footage	3,242 sqft Living Area
Lot Size	12,518 sqft (0.287 acres)
Pool	460 sqft
Occupancy	Owner Occupied
Last Sale	$342,657 (2004)
Tax Bill	$3,991.00 (2025)

Owner

Source: Maricopa County records · APN 309-29-142

Assessment roll updated January 1, 2025 · Last verified November 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Owner Names on File
Mailing Address	502 E PHELPS CT, GILBERT, AZ 85295-1594
Occupancy	Owner Occupied

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Mar 18, 2004 · Amount on Record
Deed Sale	Mar 18, 2004 · Amount on Record
Prior Sale	Mar 18, 2004
Deed Doc Number	20040278307
Record Refreshed	Jun 08, 2026

June 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	502 E PHELPS CT, GILBERT, AZ 85295-1594
Transaction Type	Mortgage
Record Updated	Feb 05, 2021
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	502 E PHELPS CT, GILBERT, AZ 85295-1594

Mortgage

Document Number	0000415918
Date	Jun 05, 2019
Instrument	20190415918

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Adjustable Rate Mortgage (ARM)
Amount	Amount Recorded
Term	361 Months
Due	Jul 01, 2049

Interest

Rate Type	Adjustable Rate
Rate	3.78%
Type Change Date	Jul 01, 2024
Change Frequency	Annually
Min Rate At Change	2.25%
Max Rate At Change	5.87%
Index	1-Year LIBOR
Max Rate	8.87%

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated January 1, 2025 · Last verified November 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Gilbert Town
Unified School District	Gilbert Unified District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$74,960 (-1.69%)	$749,600 (-1.69%) Land $149,900 Building $599,700
2025	$3,991.00 (+3.82%)
2024		$76,250	$762,500 Land $152,500 Building $610,000
2023	$3,844.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Maricopa County (04013C), updated October 2, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Moderate
500-Year Floodplain	Yes
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Property Details

APN / Parcel Number

Primary APN	`309-29-142`

Interior

Full Baths	4 Baths
Plumbing Fixtures	12 Plumbing Fixtures
Total Rooms	8 Rooms
Building Area	3,242 sqft Living Area
1st Floor	3,242 sqft 1st Floor
Stories	1 Stories

Exterior

Year Built	Built 2003
Exterior Material	Wood Exterior
Construction Type	Frame Construction
Lot Area	12,518 sqft (0.287 acres)
Parking Spaces	3 Parking Spaces
Pool Area	460 sqft Pool
Patio Area	260 sqft Patio

Utilities and HVAC

Cooling System	Refrigerator Cooling
Heating System	HVAC Heating

Location & Zoning

Street Address	502 E PHELPS CT
City	GILBERT
State	AZ
Zip	85295-1594
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	VINTAGE RANCH MCR 571-24
Legal Range	06E
Legal Township	01S
Legal Section	31
Legal Quarter	SE
Legal Quarter Quarter	NW
Legal Subdivision	VINTAGE RANCH
Legal Lot Number	142
Jurisdiction	MARICOPA AZ
Minor Civil Division	CHANDLER
Census Blockgroup	2
Census Block	2027
Census Tract	815300