3510 E Lafayette Ave · Gilbert, AZ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 9/10 · Severe
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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).
- Appreciation +9.2/10.0
- ARV discount +8.2/15.0
- Cash flow +7.3/30.0
- Schools +4.8/10.0
- Livability +4.4/5.0
- Rent growth +3.6/5.0
- Condition / age +2.5/5.0
- DSCR +1.5/10.0
- 1% rule +1.2/10.0
$518,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Immaculate Single Story Split Floor plan is this St Maarten model Shea Home.Highly upgraded and updated (see document section for complete list). The minute you walk in you are greeted to 20” designer tile-professionally painted interior.Kitchen boasts Quartz Counters,Stainless Steel Appliances, Maple Cabinets and plantation shutters. Master bathroom has been completely remodeled with High Cabinets,double sinks-granite counters.Custom Tile Shower and new lighting.Lots of storage as new cabinets have been added to the laundry room and garage.Property located in the heart of Seville with access to tennis,golf,pools and spas. Lots of hiking and walking trails. Minutes from shopping,fine dining and easy freeway access.Exterior-Desert Landscaping w/drip system.Backyard has great pavers and gard en area including a raised vegetable and flower garden and mature fruit tree. Separate entrance from master bedroom to backyard too. Do not let this below market home pass you by.
Key facts
- Large center island
- Access to parks
- Open layout
Tags
Property features AI
Finance
- HOA & community: Homeowners association with semi-annual fee; Association fee billed semi-annually (fee amount not included); HOA maintains grounds; Association rules prohibit visible trucks, trailers, RVs, and boats; Community amenities include pool, golf, community spa (heated), community media room, tennis courts, playground, biking/walking path, and fitness center
Exterior
- Parking: 2 covered garage spaces; 2 additional open parking spaces; RV gate; Garage door opener; Direct garage access
- Utilities: City water; Public and private sewer available
- Home design: Single-family residence; Fee simple ownership
- Construction: Stucco and painted wood frame construction; Tile roof
- Exterior features: Gravel/stone front and back landscaping; Automatic watering timers front and back; Block fencing; Asphalt road access
Interior
- Kitchen: Built-in microwave; Walk-in pantry; Reverse osmosis; Refrigerator; Dishwasher; Garbage disposal
- Bedrooms: Up to 3 bedrooms
- Flooring: Carpet; Tile
- Bathrooms: 2 full bathrooms
- Heating & cooling: Heat pump; Central air; Ceiling fans; Programmable thermostat
- Interior features: High-speed internet; Granite counters; Double vanity in bath; 9+ foot flat ceilings; No interior steps; Kitchen island; Master bedroom with 3/4 bath; Dual-pane windows
- Laundry & utility: Indoor laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath single-family listed at $518k.
Deal economics
- At list price, monthly cash flow is $-683 ($-8k/yr) — negative.
- To cash-flow at today's rent, offer at most $397k (23.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $322k (37.9% below list).
- Recommended offer: $322k (37.9% below list) — sets the bar for 1% rule.
- Cap rate 4.7% 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: Riggs Elementary (math 56% / reading 63%, grade B-, #148 of 1,109 statewide, top 15%, 833 students, 12% FRL); Arizona College Prep Middle School (math 88% / reading 87%, grade A+, #1 of 218 statewide, top 0%, 744 students, 4% FRL); Dr. Camille Casteel High School (math 45% / reading 53%, grade D, #43 of 381 statewide, top 11%, 3,140 students, 12% FRL) — zoned schools average 9% FRL vs 25% district-wide (16 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 65% at this address vs 53% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Chandler Unified District #80 (4242) average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising fast (+4.3%/yr); 340 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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).
Forward outlook
- In year one you build about $47k of equity ($4k loan paydown + $43k 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 ~$75k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 31 days — a 3% lower offer ($502k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 14y 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 $258k; list at $518k implies a 101% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 31 days. Have you received any prior offers? Is the seller open to a 38% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.62% ✗
- Cap rate
- 4.71%
- Cash-on-cash
- -5.65%
- DSCR
- 0.75
- GRM
- 13.4
CMA / ARV
- ARV (on-the-fly)
- $526,750
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3499 E Lafayette Ave | 0.03mi | 3/2.0 | 1,750 (0%) | 1mo | $515,000 | $294 | 94 |
| 3554 E Ravenswood Dr | 0.12mi | 3/2.0 | 1,777 (+2%) | 1mo | $571,500 | $322 | 87 |
| 3504 E Ravenswood Dr | 0.11mi | 3/2.0 | 1,777 (+2%) | 2mo | $575,000 | $324 | 87 |
| 3541 E Ravenswood Dr | 0.14mi | 3/2.0 | 1,777 (+2%) | 4mo | $535,000 | $301 | 83 |
| 7172 S Sinova Ct | 0.26mi | 3/2.0 | 1,727 (-1%) | 9mo | $505,000 | $292 | 75 |
| 6710 S Seton Ave | 0.56mi | 3/2.0 | 1,750 (0%) | 2mo | $499,900 | $286 | 69 |
| 6746 S Goldfinch Dr | 0.47mi | 3/2.0 | 1,750 (0%) | 7mo | $575,000 | $329 | 69 |
| 7332 S Briarwood Ln | 0.61mi | 3/2.0 | 1,759 (+0%) | 7mo | $530,000 | $301 | 61 |
| 3395 E Lafayette Ave | 0.15mi | 3/2.0 | 1,501 (-14%) | 7mo | $515,000 | $343 | 60 |
| 3266 E Sports Dr | 0.63mi | 3/2.5 | 1,675 (-4%) | 6mo | $430,000 | $257 | 56 |
| 6508 S Twilight Ct | 0.71mi | 3/1.5 | 1,693 (-3%) | 7mo | $420,000 | $248 | 50 |
| 3565 E Meadowview Dr | 0.71mi | 3/2.0 | 1,693 (-3%) | 9mo | $515,000 | $304 | 50 |
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
- IRR
- 16.9%
- Equity multiple
- 2.28×
- Total profit
- $186,122
- Equity at exit
- $406,397
- IRR
- 16.4%
- Equity multiple
- 5.01×
- Total profit
- $582,090
- Equity at exit
- $819,276
Cash invested: $145,040 (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
ZIP-level market 85298
- Home prices YoY
- 2.5%
- Rents YoY
- 4.3%
- Active inventory
- 340
- Price-to-rent
- 13.4×
Monthly cashflow live
- Estimated rent
- $3,217 high interval (Pro) →
- Mortgage (P&I)
- −$2,716
- Tax from tax record
- −$189 /mo · $2,265/yr
- Insurance
- −$216
- HOA
- −$103
- Vacancy / Maint / Mgmt
- −$676
- Net cashflow
- $-683
Break-even live
Sensitivity live
| Price | -10% $-389 | -5% $-536 | +0% $-683 | +5% $-829 | +10% $-976 |
|---|---|---|---|---|---|
| Rent | -10% $-937 | -5% $-810 | +0% $-683 | +5% $-556 | +10% $-428 |
| Rate | -1.0pp $-422 | -0.5pp $-551 | base $-683 | +0.5pp $-817 | +1.0pp $-953 |
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
- $129,500
- Closing costs
- $15,540
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 26 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3560 E Merlot St Gilbert, AZ | 3.0 | 2.0 | 1777 | $4,750 | $2.67 | 45d | 1 | 0.09mi |
| 3443 E Riopelle Ave Gilbert, AZ | 3.0 | 2.0 | 1284 | $2,350 | $1.83 | 45d | 1 | 0.31mi |
| 6943 S View Ln Gilbert, AZ | 4.0 | 3.0 | 2586 | $2,445 | $0.95 | 7d | 1 | 0.40mi |
| 3147 E Vallejo Dr Gilbert, AZ | 3.0 | 2.0 | 2171 | $2,350 | $1.08 | 18d | 1 | 0.45mi |
| 3068 E Ravenswood Dr Gilbert, AZ | 4.0 | 2.0 | 1815 | $2,550 | $1.40 | 0d | 1 | 0.55mi |
| 3068 E Ravenswood Dr Gilbert, AZ | 4.0 | 2.0 | 1815 | $2,550 | $1.40 | 14d | 1 | 0.55mi |
| 3725 E Meadowview Dr Gilbert, AZ | 3.0 | 2.0 | 1404 | $2,750 | $1.96 | 26d | 1 | 0.70mi |
| 6770 S Tucana Ln Gilbert, AZ | 3.0 | 2.0 | 2070 | $4,500 | $2.17 | 26d | 1 | 0.73mi |
| 3570 E Meadowview Dr Gilbert, AZ | 4.0 | 3.0 | 2536 | $3,200 | $1.26 | 4d | 1 | 0.73mi |
| 3067 E Palmdale Ln Gilbert, AZ | 3.0 | 2.0 | 1675 | $2,300 | $1.37 | 17d | 1 | 0.78mi |
| 4155 E Clubview Dr Gilbert, AZ | 4.0 | 2.0 | 2064 | $2,600 | $1.26 | 6d | 1 | 0.83mi |
| 6686 S St Andrews Way Gilbert, AZ | 2.0 | 2.5 | 1764 | $5,100 | $2.89 | 45d | 1 | 0.92mi |
| 2971 E Ridgewood Ln Gilbert, AZ | 3.0 | 2.0 | 1675 | $2,380 | $1.42 | 45d | 1 | 0.92mi |
| 3808 E Flower Ct Gilbert, AZ | 3.0 | 2.5 | 1628 | $2,095 | $1.29 | 7d | 1 | 0.93mi |
| 6334 S Blake St Gilbert, AZ | 3.0 | 2.0 | 1421 | $2,100 | $1.48 | 45d | 1 | 1.01mi |
| 6851 S Birdie Way Gilbert, AZ | 4.0 | 3.0 | 2591 | $2,995 | $1.16 | 7d | 1 | 1.03mi |
| 3868 E Palmer St Gilbert, AZ | 3.0 | 2.5 | 1899 | $2,000 | $1.05 | 45d | 1 | 1.04mi |
| 3329 E Powell Ct Gilbert, AZ | 3.0 | 2.0 | 1486 | $2,345 | $1.58 | 17d | 1 | 1.05mi |
| 3462 E Powell Way Gilbert, AZ | 3.0 | 2.0 | 1665 | $2,295 | $1.38 | 26d | 1 | 1.06mi |
| 6659 S Cartier Dr Gilbert, AZ | 3.0 | 2.0 | 1665 | $2,300 | $1.38 | 20d | 1 | 1.07mi |
| 2723 E Mews Rd Gilbert, AZ | 3.0 | 2.0 | 1759 | $2,495 | $1.42 | 20d | 1 | 1.08mi |
| 2723 E Mews Rd Gilbert, AZ | 3.0 | 2.0 | 1759 | $2,395 | $1.36 | 4d | 1 | 1.08mi |
| 6687 S Classic Way Gilbert, AZ | 3.0 | 2.0 | 2173 | $4,300 | $1.98 | 3d | 1 | 1.12mi |
| 3486 E Anika Ct Gilbert, AZ | 4.0 | 2.0 | 1749 | $2,600 | $1.49 | 45d | 1 | 1.26mi |
| 2965 E Blue Ridge Way Gilbert, AZ | 4.0 | 2.0 | 1651 | $2,400 | $1.45 | 0d | 1 | 1.38mi |
| 2927 E Mead Dr Gilbert, AZ | 4.0 | 2.0 | 1651 | $2,250 | $1.36 | 20d | 1 | 1.43mi |
HOA detail
- Monthly dues
- $103 · $1,236/yr
- Likely covers
- landscapingpool
Listing history 32 events
-
2026-06-21days on market $518,000 Active 31 DOM
-
2026-06-18days on market $518,000 Active 28 DOM
-
2026-06-17days on market $518,000 Active 27 DOM
-
2026-06-16days on market $518,000 Active 26 DOM
-
2026-06-15days on market $518,000 Active 25 DOM
-
2026-06-13days on market $518,000 Active 23 DOM
-
2026-06-13days on market $518,000 Active 22 DOM
-
2026-06-09days on market $518,000 Active 19 DOM
-
2026-06-08days on market $518,000 Active 18 DOM
-
2026-06-07days on market $518,000 Active 17 DOM
-
2026-06-04days on market $518,000 Active 14 DOM
-
2026-06-03days on market $518,000 Active 13 DOM
-
2026-06-02pricedays on market $518,000 Active 12 DOM
-
2026-06-01days on market $528,500 Active 11 DOM
-
2026-05-31days on market $528,500 Active 10 DOM
-
2026-05-21$528,500 Active
-
2025-03-23historical $2,395
-
2025-03-17$2,395
-
2025-03-17historical
-
2025-02-18price $509,000
-
2025-02-10price $515,000
-
2025-01-31price $525,000
-
2024-12-26$530,000 Active
-
2015-04-01soldstatus $257,500
-
2015-03-31soldstatus $257,500 Closed 988-char remark
Show marketing remark (988 chars)
Immaculate Single Story Split Floor plan is this St Maarten model Shea Home.Highly upgraded and updated (see document section for complete list). The minute you walk in you are greeted to 20” designer tile-professionally painted interior.Kitchen boasts Quartz Counters,Stainless Steel Appliances, Maple Cabinets and plantation shutters. Master bathroom has been completely remodeled with High Cabinets,double sinks-granite counters.Custom Tile Shower and new lighting.Lots of storage as new cabinets have been added to the laundry room and garage.Property located in the heart of Seville with access to tennis,golf,pools and spas. Lots of hiking and walking trails. Minutes from shopping,fine dining and easy freeway access.Exterior-Desert Landscaping w/drip system.Backyard has great pavers and gard en area including a raised vegetable and flower garden and mature fruit tree. Separate entrance from master bedroom to backyard too. Do not let this below market home pass you by.
-
2015-03-13status Pending 988-char remark
Show marketing remark (988 chars)
Immaculate Single Story Split Floor plan is this St Maarten model Shea Home.Highly upgraded and updated (see document section for complete list). The minute you walk in you are greeted to 20” designer tile-professionally painted interior.Kitchen boasts Quartz Counters,Stainless Steel Appliances, Maple Cabinets and plantation shutters. Master bathroom has been completely remodeled with High Cabinets,double sinks-granite counters.Custom Tile Shower and new lighting.Lots of storage as new cabinets have been added to the laundry room and garage.Property located in the heart of Seville with access to tennis,golf,pools and spas. Lots of hiking and walking trails. Minutes from shopping,fine dining and easy freeway access.Exterior-Desert Landscaping w/drip system.Backyard has great pavers and gard en area including a raised vegetable and flower garden and mature fruit tree. Separate entrance from master bedroom to backyard too. Do not let this below market home pass you by.
-
2015-02-26historical Under Contract Accepting Backups 988-char remark
Show marketing remark (988 chars)
Immaculate Single Story Split Floor plan is this St Maarten model Shea Home.Highly upgraded and updated (see document section for complete list). The minute you walk in you are greeted to 20” designer tile-professionally painted interior.Kitchen boasts Quartz Counters,Stainless Steel Appliances, Maple Cabinets and plantation shutters. Master bathroom has been completely remodeled with High Cabinets,double sinks-granite counters.Custom Tile Shower and new lighting.Lots of storage as new cabinets have been added to the laundry room and garage.Property located in the heart of Seville with access to tennis,golf,pools and spas. Lots of hiking and walking trails. Minutes from shopping,fine dining and easy freeway access.Exterior-Desert Landscaping w/drip system.Backyard has great pavers and gard en area including a raised vegetable and flower garden and mature fruit tree. Separate entrance from master bedroom to backyard too. Do not let this below market home pass you by.
-
2015-02-20$257,500 Active 988-char remark
Show marketing remark (988 chars)
Immaculate Single Story Split Floor plan is this St Maarten model Shea Home.Highly upgraded and updated (see document section for complete list). The minute you walk in you are greeted to 20” designer tile-professionally painted interior.Kitchen boasts Quartz Counters,Stainless Steel Appliances, Maple Cabinets and plantation shutters. Master bathroom has been completely remodeled with High Cabinets,double sinks-granite counters.Custom Tile Shower and new lighting.Lots of storage as new cabinets have been added to the laundry room and garage.Property located in the heart of Seville with access to tennis,golf,pools and spas. Lots of hiking and walking trails. Minutes from shopping,fine dining and easy freeway access.Exterior-Desert Landscaping w/drip system.Backyard has great pavers and gard en area including a raised vegetable and flower garden and mature fruit tree. Separate entrance from master bedroom to backyard too. Do not let this below market home pass you by.
-
2012-12-19soldstatus $230,000 Closed
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2012-12-19soldstatus $230,000
-
2012-11-14historical Under Contract Accepting Backups
-
2012-10-18$235,000 Active
ⓘ 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
- $2,265 · $189/mo
- Projected year-2 tax
- $3,419 · $285/mo
- Expected delta
- +$1,154/yr (+$96/mo · 51.0%)
ⓘ 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 6/10 Major
- Heat 9/10 Extreme 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $38,603
- − Mortgage interest
- −$29,016
- − Property taxes
- −$2,265
- − Insurance
- −$2,590
- − Repairs & maintenance
- −$3,088
- − Management
- −$3,088
- − HOA
- −$1,236
- − Depreciation
- −$15,069
- Taxable loss
- −$17,749
- Est. tax savings @ 24.0%
- +$4,260
- After-tax cash flow
- $-3,932/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
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
- 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 |
|
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Price history
+120.4% since first listed18 events — show timeline
- 2026-06-02 Price Changed $518,000 ARMLS
- 2026-05-21 Listed $528,500 ARMLS
- 2025-03-23 Rental Removed $2,395 BUILDIUM
- 2025-03-17 Listed for Rent $2,395 BUILDIUM
- 2025-03-17 Listing Removed — ARMLS
- 2025-02-18 Price Changed $509,000 ARMLS
- 2025-02-10 Price Changed $515,000 ARMLS
- 2025-01-31 Price Changed $525,000 ARMLS
- 2024-12-26 Listed $530,000 ARMLS
- 2015-04-01 Sold (Public Records) $257,500 Public Records
- 2015-03-31 Sold (MLS) $257,500 ARMLS
- 2015-03-13 Pending — ARMLS
- 2015-02-26 Contingent — ARMLS
- 2015-02-20 Listed $257,500 ARMLS
- 2012-12-19 Sold (Public Records) $230,000 Public Records
- 2012-12-19 Sold (MLS) $230,000 ARMLS
- 2012-11-14 Contingent — ARMLS
- 2012-10-18 Listed $235,000 ARMLS
Property tax history
+10.4%/yrLatest (2025): $2,265 · +1.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…