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2631 Balsam Dr

Gilbert, AZ 85295

3 bd 3 ba 2,096 sqft Built 2007 Lot 822 sqft townhomes
Most recent sale
$492,400
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 28, 2022 Sold $400,000 ArizonaRegionalMLS
Oct 13, 2022 Price changed $434,000 MLS #6433632
Sep 30, 2022 Listed for rent $2,810 Zumper
Sep 29, 2022 Price changed $457,000 MLS #6433632
Sep 15, 2022 Price changed $474,000 MLS #6433632
Sep 1, 2022 Price changed $490,000 MLS #6433632
Aug 11, 2022 Price changed $505,000 MLS #6433632
Jul 29, 2022 Price changed $521,000 MLS #6433632
Jul 14, 2022 Listed $550,000 MLS #6433632
Jun 24, 2022 Sold $492,400 MLS #6393153
May 5, 2022 Price changed $495,000 MLS #6393153
May 3, 2022 Listed $522,000 MLS #6393153
Sep 29, 2006 Sold $269,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $20,580 $5,140 $25,720 $1,539
2021 $19,030 $4,750 $23,780 $1,345
2020 $17,300 $4,320 $21,620 $1,324
2019 $15,520 $3,880 $19,400 $1,217
2018 $15,250 $3,810 $19,060 $1,179
2017 $13,840 $3,460 $17,300 $1,138
2016 $13,940 $3,480 $17,420 $1,177
2015 $12,540 $3,130 $15,670 $1,067
2014 $9,560 $2,390 $11,950 $1,143
2013 $7,640 $1,910 $9,550 $996
2012 $7,640 $1,910 $9,550 $1,159
2011 $8,880 $2,220 $11,100 $1,055
2009 $17,960 $4,490 $22,450 $1,621
2008 $19,400 $4,850 $24,250 $1,575
2007 $2,499 $2,499 $151

Property facts

Year built
2007
Property type
townhomes
Stories
3
Beds
3
Baths
3
Living area
2,096 sqft
Lot size
822 sqft
ZIP code
85295
City
Gilbert
Street
Balsam Dr
Coordinates
33.30260, -111.75220

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,249
Gross rental yield
7.92%
Implied cap rate
5.15%
Trend-extrapolated value

Frequently asked questions

When did 2631 Balsam Dr last sell?
2631 Balsam Dr most recently sold on Jun 24, 2022 for $492,400.
What is the current tax assessment for 2631 Balsam Dr?
The most recent total assessment for 2631 Balsam Dr (year 2022) is $25,720 with $1,539 in property tax.
How does 2631 Balsam Dr's assessment compare to its last sale price?
The current assessment is 94.8% below the last sale price of $492,400.
When was 2631 Balsam Dr built?
2631 Balsam Dr was built in 2007.
How does 2631 Balsam Dr compare to others on Balsam Dr?
We track 7 other properties on Balsam Dr. Browse the list under "Other properties on Balsam Dr" to compare beds, baths, and sale history.
What are the property facts for 2631 Balsam Dr?
2631 Balsam Dr is a 3 bed, 3 bath, 2,096 sqft, 822 sqft lot townhomes.
Is 2631 Balsam Dr a flip candidate?
No — 2631 Balsam Dr does not appear in our flips dataset.
Is 2631 Balsam Dr a tax-appeal candidate?
No — 2631 Balsam Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$693.5K
2026 Q4
$702.4K
ZIP 85295 — Median Price History + Forecast

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