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509 Paradise Dr

Gilbert, AZ 85233

2 bd 2 ba 1,602 sqft Built 1994 Lot 4,008 sqft single_family
Most recent sale
$476,000
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2025 Listed $540,000 ArizonaRegionalMLS
Jan 25, 2023 Listed for rent $2,475 ArizonaRegionalMLS
Oct 26, 2022 Sold $476,000 MLS #6424213
Oct 6, 2022 Price changed $480,000 MLS #6424213
Sep 22, 2022 Price changed $485,000 MLS #6424213
Sep 8, 2022 Price changed $494,000 MLS #6424213
Aug 4, 2022 Price changed $505,000 MLS #6424213
Jul 22, 2022 Price changed $531,000 MLS #6424213
Jul 8, 2022 Price changed $534,000 MLS #6424213
Jun 25, 2022 Listed $560,000 MLS #6424213
Jun 13, 2022 Sold $524,000 Public Record
Dec 15, 1994 Sold $120,300 Public Record
Oct 29, 1987 Sold $2,305,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $24,370 $6,090 $30,460 $1,929
2021 $22,810 $5,700 $28,510 $1,686
2020 $20,400 $5,100 $25,500 $1,660
2019 $19,520 $4,880 $24,400 $1,526
2018 $18,280 $4,570 $22,850 $1,478
2017 $17,310 $4,320 $21,630 $1,427
2016 $15,680 $3,920 $19,600 $1,476
2015 $15,250 $3,810 $19,060 $1,345
2014 $11,540 $2,880 $14,420 $1,418
2013 $9,600 $2,400 $12,000 $1,249
2012 $11,000 $2,750 $13,750 $1,434
2011 $12,160 $3,040 $15,200 $1,329
2009 $21,480 $5,370 $26,850 $1,899
2008 $20,240 $5,060 $25,300 $1,720
2007 $17,280 $4,320 $21,600 $1,512

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,602 sqft
Lot size
4,008 sqft
ZIP code
85233
City
Gilbert
Street
Paradise Dr
Coordinates
33.34007, -111.82102

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,483
Gross rental yield
6.26%
Implied cap rate
4.07%
Trend-extrapolated value

Frequently asked questions

When did 509 Paradise Dr last sell?
509 Paradise Dr most recently sold on Oct 26, 2022 for $476,000.
What is the current tax assessment for 509 Paradise Dr?
The most recent total assessment for 509 Paradise Dr (year 2022) is $30,460 with $1,929 in property tax.
How does 509 Paradise Dr's assessment compare to its last sale price?
The current assessment is 93.6% below the last sale price of $476,000.
When was 509 Paradise Dr built?
509 Paradise Dr was built in 1994.
How does 509 Paradise Dr compare to others on Paradise Dr?
We track 2 other properties on Paradise Dr. Browse the list under "Other properties on Paradise Dr" to compare beds, baths, and sale history.
What are the property facts for 509 Paradise Dr?
509 Paradise Dr is a 2 bed, 2 bath, 1,602 sqft, 4,008 sqft lot single_family.
Is 509 Paradise Dr a flip candidate?
No — 509 Paradise Dr does not appear in our flips dataset.
Is 509 Paradise Dr a tax-appeal candidate?
No — 509 Paradise 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
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$557.1K
2026 Q4
$559.3K
ZIP 85233 — Median Price History + Forecast

Explore nearby

Other properties on Paradise Dr