1917 E Azalea Ct · Gilbert, AZ 85298

$777,000

4 bd · 6.0 ba · 3,268 sqft · SingleFamily public records · 36 Days on market

Built 2011 7,800 sqft lot Est $892k · 13% under $173/mo HOA · 4% of rent

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +13.3/15.0
• Appreciation +9.2/10.0
• Cash flow +6.4/30.0
• Schools +4.8/10.0
• Livability +4.4/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• 1% rule +0.7/10.0
• DSCR +0.7/10.0

Listing remarks MLS

**Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

Key facts

• 7,800 sq ft lot
• 3 garage spots
• Pool

Property features AI

Finance

• Financial info: Current financing: Conventional (non-assumable)
• HOA & community: HOA with monthly fee; Association fee $173 monthly; HOA covers grounds maintenance and street maintenance; Community amenities include playground and biking/walking path

Exterior

• Parking: 3 covered spaces; 2 open parking spaces; 3-car garage with garage door opener and direct access; RV gate; Extended-length garage
• Security: Gated community
• Utilities: City water; Public sewer
• Home design: Fee simple single-family residence
• Construction: Stucco and painted wood frame construction; Tile and concrete roof
• Exterior features: Private pool with heater and variable-speed pump; Private heated spa; Gazebo; Balcony; Private streets; Block fencing; Sprinklers front and rear with automatic timers; Cul-de-sac lot; Gravel/stone front and back

Interior

• Kitchen: Built-in microwave; Multiple ovens; Built-in electric oven; Dishwasher; Disposal
• Bedrooms: Up to 5 bedrooms
• Flooring: Carpet; Tile; Wood
• Bathrooms: 3 full bathrooms; 2 half bathrooms
• Heating & cooling: Heat pump with natural gas; Central air; Ceiling fans; Programmable thermostat
• Interior features: High-speed internet; Granite counters; Double vanity in bathroom; Eat-in kitchen; Breakfast bar; 9+ foot flat ceilings; Wet bar; Kitchen island; Pantry; Full bathroom in master bedroom; Separate shower and tub; Dual-pane windows; Gas fireplace in living room; Upstairs
• Laundry & utility: Indoor laundry with washer/dryer hookups

What this means for you Summary

Snapshot

• This is a 4-bed/6.0-bath single-family listed at $777k.

Deal economics

• At list price, monthly cash flow is $-1k ($-16k/yr) — negative.
• To cash-flow at today's rent, offer at most $539k (30.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $446k (42.7% below list).
• Recommended offer: $446k (42.7% below list) — sets the bar for 1% rule.
• Cap rate 4.2% vs local median 3.2% in Gilbert — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 87/100 on livability (#1 in AZ, #240 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, employment A+, housing A+; Watch: health & safety C-, cost of living F.
• Chandler Unified District #80 (4242) (suburban): math 49% / reading 57% proficiency, ranked #31 of 249 in AZ (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Robert J.C. Rice Elementary School (math 65% / reading 70%, grade B+, #67 of 1,109 statewide, top 6%, 760 students, 11% FRL); Willie & Coy Payne Jr. High (math 47% / reading 53%, grade C, #26 of 218 statewide, top 12%, 1,143 students, 11% FRL); Perry High School (math 48% / reading 50%, grade D, #43 of 381 statewide, top 11%, 2,822 students, 12% FRL).
• Market conditions: Rents rising fast (+4.3%/yr); 340 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
• This rent runs 34% of the median local income ($156k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $70k of equity ($5k loan paydown + $65k appreciation (8.4% local appreciation)).
• Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$113k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($754k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $380k; list at $777k implies a 104% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $445,525 (42.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 43% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.57% ✗
• Cap rate: 4.21%
• Cash-on-cash: -7.43%
• DSCR: 0.67
• GRM: 14.5

CMA / ARV

• ARV (on-the-fly): $892,164
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1947 E Azalea Ct	0.04mi	5/3.5 (+1)	2,883 (-12%)	8mo	$770,000	$267	57
1532 E Rakestraw Ln	0.56mi	4/3.5	3,132 (-4%)	0mo	$854,000	$273	56
1501 E Rakestraw Ln	0.61mi	4/3.5	3,173 (-3%)	4mo	$835,000	$263	54
21324 S 156th St	0.22mi	4/3.0	3,673 (+12%)	5mo	$1,695,000	$461	53
1479 E Rakestraw Ln	0.63mi	4/3.5	3,173 (-3%)	9mo	$900,000	$284	48
5274 S Cobblestone St	0.72mi	4/3.5	3,173 (-3%)	5mo	$835,000	$263	48
1695 E Mia Ln	0.29mi	5/3.5 (+1)	2,883 (-12%)	7mo	$630,000	$219	46
1411 E Carob Dr	0.67mi	5/3.5 (+1)	3,361 (+3%)	5mo	$955,000	$284	45
5281 S Red Rock St	0.48mi	4/3.0	2,796 (-14%)	4mo	$725,000	$259	38
1517 E Rakestraw Ln	0.59mi	4/3.0	2,939 (-10%)	7mo	$789,900	$269	38
5439 S Red Rock St	0.60mi	5/3.0 (+1)	2,782 (-15%)	5mo	$825,000	$297	26
1458 E Lodgepole Dr	0.70mi	5/3.0 (+1)	2,782 (-15%)	2mo	$831,900	$299	24

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

8.36% appreciation · 4.31% rent growth · sell at horizon

5-year hold

• IRR: 15.6%
• Equity multiple: 2.19×
• Total profit: $258,109
• Equity at exit: $609,595

10-year hold

• IRR: 15.4%
• Equity multiple: 4.80×
• Total profit: $826,238
• Equity at exit: $1,228,914

Cash invested: $217,560 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Arizona: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

Methodology + full state rankings →

ZIP-level market 85298

• Home prices YoY: 2.5%
• Rents YoY: 4.3%
• Active inventory: 340
• Price-to-rent: 14.5×

Monthly cashflow live

• Estimated rent: $4,455 high
• Mortgage (P&I): −$4,075
• Tax from tax record: −$295 /mo · $3,546/yr
• Insurance: −$324
• HOA: −$173
• Vacancy / Maint / Mgmt: −$936
• Net cashflow: $-1,347

Break-even live

Break-even rent $6,161

Max offer price $538,999

Occupancy floor —

Sensitivity live

Price	-10% $-907	-5% $-1,127	+0% $-1,347	+5% $-1,567	+10% $-1,787
Rent	-10% $-1,699	-5% $-1,523	+0% $-1,347	+5% $-1,171	+10% $-995
Rate	-1.0pp $-956	-0.5pp $-1,150	base $-1,347	+0.5pp $-1,549	+1.0pp $-1,753

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $194,250
• Closing costs: $23,310
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1876 E Azalea Ct Gilbert, AZ	4.0	3.5	3452	$6,500	$1.88	0d	1	0.06mi
1546 E Nightingale Ln Gilbert, AZ	4.0	2.5	2421	$3,500	$1.45	20d	1	0.46mi
1447 E Mia Ln Gilbert, AZ	4.0	3.0	2421	$2,345	$0.97	46d	1	0.57mi
4957 S Stonecreek Blvd Gilbert, AZ	4.0	3.0	2418	$2,600	$1.08	17d	1	0.67mi
1533 E Sourwood Ct Gilbert, AZ	5.0	3.0	2750	$3,300	$1.20	46d	1	0.69mi
5475 S Cardinal St Gilbert, AZ	4.0	2.5	2708	$4,000	$1.48	3d	1	0.96mi
1129 E Regent Dr Gilbert, AZ	4.0	2.5	2323	$3,100	$1.33	6d	1	1.00mi
2543 E Penedes Dr Gilbert, AZ	4.0	3.0	2496	$2,695	$1.08	46d	1	1.03mi
1133 E Buckingham Ave Gilbert, AZ	4.0	3.0	2571	$2,999	$1.17	26d	1	1.06mi
2717 E Ficus Way Gilbert, AZ	3.0	2.0	2295	$2,550	$1.11	0d	1	1.08mi
1094 E Sourwood Dr Gilbert, AZ	5.0	3.0	3059	$2,799	$0.92	46d	1	1.10mi
1544 E Hummingbird Way Gilbert, AZ	5.0	3.0	2771	$2,895	$1.04	5d	1	1.15mi
1544 E Hummingbird Way Gilbert, AZ	5.0	3.0	2771	$2,995	$1.08	1d	1	1.15mi
4535 S Ellesmere St Gilbert, AZ	4.0	2.0	2324	$2,650	$1.14	17d	1	1.16mi
1277 E Tonto Dr Gilbert, AZ	4.0	3.5	2952	$4,000	$1.36	26d	1	1.19mi
2224 E Canary Dr Gilbert, AZ	4.0	3.0	2595	$3,450	$1.33	24d	1	1.33mi
4146 E Glacier Pl Chandler, AZ	5.0	3.0	3240	$3,299	$1.02	24d	1	1.46mi
2353 E Athena Ave Gilbert, AZ	5.0	3.0	2597	$3,750	$1.44	17d	1	1.46mi
2753 E Hummingbird Way Gilbert, AZ	5.0	6.0	4605	$10,000	$2.17	12d	1	1.47mi

HOA detail

• Monthly dues: $173 · $2,076/yr
• Likely covers: security

Listing history 28 events

1. 2026-06-21
   days on market $777,000 Active 36 DOM
2. 2026-06-18
   days on market $777,000 Active 33 DOM
3. 2026-06-17
   days on market $777,000 Active 32 DOM
4. 2026-06-16
   days on market $777,000 Active 31 DOM
5. 2026-06-15
   days on market $777,000 Active 30 DOM
6. 2026-06-13
   pricedays on market $777,000 Active 28 DOM
7. 2026-06-13
   days on market $799,000 Active 27 DOM
8. 2026-06-09
   days on market $799,000 Active 24 DOM
9. 2026-06-08
   days on market $799,000 Active 23 DOM
10. 2026-06-07
    days on market $799,000 Active 22 DOM
11. 2026-06-04
    days on market $799,000 Active 19 DOM
12. 2026-06-03
    days on market $799,000 Active 18 DOM
13. 2026-06-02
    days on market $799,000 Active 17 DOM
14. 2026-06-01
    days on market $799,000 Active 16 DOM
15. 2026-05-31
    days on market $799,000 Active 15 DOM
16. 2026-05-16
    listed $799,000 Active
17. 2017-03-22
    soldstatus $380,000 Closed 801-char remark

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

18. 2017-03-22
    soldstatus $380,000

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

19. 2017-02-16
    historical Under Contract Accepting Backups 801-char remark

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

20. 2017-02-13
    status Active 801-char remark

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

21. 2017-01-29
    historical Under Contract Accepting Backups 801-char remark

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

22. 2016-10-06
    price $399,900 801-char remark

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

23. 2016-10-05
    price $399,000 801-char remark

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

24. 2016-09-02
    price $435,000 801-char remark

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

25. 2016-08-12
    price $449,999 801-char remark

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

26. 2016-06-17
    listed $472,752 Active 801-char remark

    Show marketing remark (801 chars)

    **Price Slashed 4 Quick Sale** Lowest $/sq ft in gated Gilbert community. 4 bed 4 bath 3 car garage w guest suite. Impressive stacked stone fireplace, open floor plan with formal living and dining room plus great room off kitchen. Diagonal tile floors with inlays, gorgeous wood flooring in kitchen and great room, highly upgraded carpet upstairs. Gourmet kitchen features upgraded staggered cabinets with glass front corners, crown molding and hardware. Granite counters, stainless steel appliances, under mount stainless steel sink. Butler's pantry with sink & wine fridge. 4 bedrooms with private bathrooms, plus bonus room. The master suite has been completely upgraded including private balcony with mountain views, granite counters, Travertine tile, large sep shower and tub, dual W/I closet

27. 2011-02-15
    soldstatus $845,000
28. 2008-12-23
    soldstatus $21,019,336

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AZ · Resets to sale price

• Current annual tax: $3,546 · $295/mo
• Projected year-2 tax: $5,128 · $427/mo
• Expected delta: +$1,582/yr (+$132/mo · 44.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥112°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $53,463
• − Mortgage interest: −$43,524
• − Property taxes: −$3,546
• − Insurance: −$3,885
• − Repairs & maintenance: −$4,277
• − Management: −$4,277
• − HOA: −$2,076
• − Depreciation: −$22,604
• Taxable loss: −$30,726
• Est. tax savings @ 24.0%: +$7,374
• After-tax cash flow: $-8,793/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Chandler Unified District #80 (4242)
• NCES district ID: 0401870
• Math proficiency: 49% ▼ -8.00%
• Reading proficiency: 57% ▼ -2.00%
• Median HH income: $74,048
• Composite: 47.54/100
• National rank: #2268
• State rank: #31 of 249 in AZ

Livability — Gilbert

• Score: 87/100
• State rank: #1
• US rank: #240

Category grades

Amenities A+ Commute A Cost of living F Crime A Employment A+ Housing A+ Health & safety C- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gilbert, AZ
• County: Maricopa County · 4,537,380 people
• City population: 281,769
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 44,114
• Household income: $156,425
• Rent vs Own: 8.9% rent · 91.1% own
• Severe rent burden: 173.0

Population outlook (Maricopa County) Hauer SSP2

• Today (2025): 4,979,203 people
• By 2030: 5,378,229 · +8.0%
• By 2040: 6,156,598 · +23.6%
• By 2050: 6,872,376 · +38.0%
• By 2075: 8,401,270 · +68.7%
• By 2100: 9,247,439 · +85.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 14% Two or more races 11% Asian 7% Black 2%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Italian 4% Romanian 3% Lithuanian 3%
• Foreign-born: 9% · Canada, China, Vietnam
• Languages at home: 85% English-only · Spanish 7% Other Indo-European 2% Chinese 1%

Political lean MEDSL · Maricopa

• 2024 margin: Toss-up / Even · D 47.7% · R 51.2% · Other 1.1%
• 2008→2024 swing: +7.1pp toward D · 2008: -10.6pp · 2024: -3.5pp
• All cycles: 2024: R+3.5 2020: D+2.2 2016: R+3.5 2012: R+12.0 2008: R+10.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.36%
• Current HPI: 343.6932
• Rent YoY: ▲ 4.31%
• Metro: Phoenix-Mesa-Chandler, AZ
• State GDP YoY: ▲ 4.54%
• F500 in state: 20

Industry mix (Fortune 500 HQ in AZ)

Industry	F500 HQs	Revenue
▸Technology	2	$13B
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

-96.2% since first listed

13 events — show timeline

• 2026-05-16 Listed $799,000 ARMLS
• 2017-03-22 Sold (Public Records) $380,000 Public Records
• 2017-03-22 Sold (MLS) $380,000 ARMLS
• 2017-02-16 Contingent — ARMLS
• 2017-02-13 Relisted — ARMLS
• 2017-01-29 Contingent — ARMLS
• 2016-10-06 Price Changed $399,900 ARMLS
• 2016-10-05 Price Changed $399,000 ARMLS
• 2016-09-02 Price Changed $435,000 ARMLS
• 2016-08-12 Price Changed $449,999 ARMLS
• 2016-06-17 Listed $472,752 ARMLS
• 2011-02-15 Sold (Public Records) $845,000 Public Records
• 2008-12-23 Sold (Public Records) $21,019,336 Public Records

Property tax history

+10.6%/yr

Latest (2025): $3,546 · +1.9% YoY. Source: county tax records.