72 N Velma Dr, Gilbert, AZ 85233 Property Records

Maricopa County property record for 72 N Velma Dr, Gilbert, AZ 85233

Property Summary

Property TypeSingle Family Home
Details3 ba · 2,112 sqft · built 1998
Lot Size0.185 acres (8,046 sqft)
Owner2 Individual Names on File
Last Sale$166,904 (Nov 1998)
Tax Bill$2,096 (2025)
Deeds & MortgagesAug 2021 Mortgage
Aug 2023 Sale
Flood ZoneZone X (moderate risk)
APN310-09-163

Property Details

APN / Parcel Number

Primary APN310-09-163
Alternative APN
  • 310091631

Interior

Full Baths3 Baths
Plumbing Fixtures9 Plumbing Fixtures
Total Rooms8 Rooms
Stories1 Story
Building Area2,112 sqft Living Area
Gross Area2,356 sqft
1st Floor Area2,112 sqft

Exterior

Year BuiltBuilt 1998
Effective Year BuiltEffective 1998
Exterior MaterialWood
Construction TypeFrame
Roof MaterialConcrete
Lot Area8,046 sqft (0.185 acres)
Parking Spaces3 Parking Spaces
Patio Area244 sqft

Utilities, Heating & Cooling

Cooling SystemRefrigeration
Heating SystemForced Air with A/C
Heating FuelGas
SewerMunicipal

Location & Zoning

Street Address72 N VELMA DR
CityGILBERT
StateAZ
Zip85233-5234
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-7
Legal DescriptionSUMMER MEADOWS PARCEL 3 MCR 428-46
Legal Range5E
Legal Township1S
Legal Section11
Legal SubdivisionSUMMER MEADOWS PARCEL 3
Legal Lot Number9
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group2
Census Block2017
Census Tract422309

Owner

72 N Velma Dr is owned and occupied by two individuals who acquired it in August 2023.

Source: Maricopa County records, as of February 2, 2026

Owner of Record2 Individual Names on File
Mailing Address72 N VELMA DR, GILBERT, AZ 85233-5234
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Aug 12, 2021Deed of Trust, Mortgage · Conventional Mortgage
BANK OF AMERICA NA
Aug 29, 2023Beneficiary Deed, Transfer

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleNov 20, 1998 · Amount on File
Deed SaleNov 20, 1998 · Amount on File
Deed Document Number19981048949
Last Transfer DateAug 29, 2023
Transfer Doc0000453551
Record UpdatedSep 20, 2026

August 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address72 N VELMA DR, GILBERT, AZ 85233-5234
Transaction TypeMortgage
Record UpdatedSep 7, 2023
Title CompanyWFG LENDER SERVICES

Transferred To (Grantee/Buyer)

NameVerified Name
Address72 N VELMA DR, GILBERT, AZ 85233-5234

Mortgage

Document Number0000871305
DateAug 12, 2021
Instrument20210871305
Lender
NameBANK OF AMERICA NA
TypeBank
AddressCHARLOTTE, NC 28255
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term121 Months
DueSep 1, 2031

August 2023: Beneficiary Deed, Transfer

Document TypeBeneficiary Deed
JurisdictionMARICOPA AZ
Recording DateAug 29, 2023
Property Address72 N VELMA DR, GILBERT, AZ 85233-5234
Document Number0000453551
Map ReferenceMB 428 PG 46
Instrument DateAug 29, 2023
Instrument20230453551
Transaction TypeTransfer
Record UpdatedSep 7, 2023

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common

Tax Assessment & Valuation

The 2025 property tax bill for 72 N Velma Dr was $2,096.

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityGilbert Town
Unified School DistrictGilbert Unified District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$46,430 (+68.8%)$464,300 (+5.14%) Land $92,800 Building $371,500
2025$2,096.00$27,506 (-42.7%)$441,600 (-8%) Land $88,300 Building $353,300
2024$48,000 (+18.72%)$480,000 (+18.72%) Land $96,000 Building $384,000
2023$2,031.00 (+3.15%)$40,430 Land $8,080 Building $32,350$404,300 Land $80,800 Building $323,500
2022$1,969.00

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.

Flood

FEMA maps place 72 N Velma Dr in Zone X, an area of moderate flood risk.

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 72 N Velma Dr has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemTOWN OF GILBERT
serves 247,600 people · EPA ID AZ0407092
Water SourceSurface water
Last State InspectionOct 2025
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTotal trihalomethanes
resolved · Jul 2017
Treatment and ProcedureTreatment report not submitted
Oct 2017
Monitoring and Reporting53
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 645 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
FiberFirst
Fiber
5,000 / 5,000
Cox Communications
Cable
2,000 / 100
Tristate Wi-Fi by Wi-Fiber
Fixed Wireless
400 / 400
Verizon
Fixed Wireless
300 / 20
CenturyLink
DSL
140 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: Arizona Network, T-Mobile, WeLink Communications.

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