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1040 W Hearne Way; Gilbert, AZ Property Details

1040 W Hearne Way, Gilbert, AZ is a Single Family that was built in 1997. This property is currently Financed and is not for sale. Our records show that 1040 W Hearne Way has 4 bedrooms, and 4 bathrooms, and a total of 2,134 square feet. The lot size of 1040 W Hearne Way is 6,621 square feet.

Off market
1040 W Hearne Way Gilbert, AZ 85233
$356,000 Listing Price
4 Beds
4 Baths
2,134 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1997
  • Purchase Price: $356,000
  • Open Loans / Balance: 1 / $314,897
  • Est. Equity / %: $293,103 / 48.21%
  • Gross Yield: 6.138%
  • APN: 310-09-350
  • Situs County: Maricopa
  • Length Of Ownership: 7 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Pool Type: Yes
  • Roof Cover Type: Concrete

Measurements

  • Total: 2,134/SqFt
  • Lot: 6,621/SqFt
  • Gross: 2,134/SqFt
  • Living: 2,134/SqFt
  • Building: 2,134/SqFt
  • Ground: 1,096/SqFt
  • Price Per Square Foot: $166.82

Legal Description

  • Description: SUMMER MEADOWS PARCEL 3 MCR 428-46
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gilbert Unified District
  • Lat / Lon: 33.35625 / -111.812416
  • Subdivision: Summer Meadows Parcel 3
  • Property Class: Residential
  • Zoning: R-7
  • County Use Code: 0131

Amenities

  • Pool: true
  • Plus Four: 4740
  • Bathroom Fixtures: 12
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $249
  • H O A Amount: $249
  • H O A One Frequency: Semi-Annual
  • H O A One Name: Summer Meadows Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

1040 W Hearne Way has no associated ownership info
1040 W Hearne Way has no associated ownership info.

Taxes

1040 W Hearne Way has 9 associated Taxes items

1040 W Hearne Way, Gilbert, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $25,398. The APN we've located for 1040 W Hearne Way is 310-09-350.

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Taxes
  • Assessed Value:  $25,398
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  310-09-350
  • Market Land Value:  92400
  • Tax Amount:  1935.5
  • Tax Year:  2025
  • Market Value:  462200
  • Market Year:  2025

Tax History

1040 W Hearne Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,398 Land Value Improvement Value Tax Amount $1,935.5 Change Rate +0.039183% Assessed CR Tax Rate +0.076207%
Year 2024 Assessed Value $24,189 Land Value Improvement Value Tax Amount $1,862.52 Change Rate -0.007228% Assessed CR Tax Rate +0.076999%
Year 2023 Assessed Value $41,170 Land Value $8,230 Improvement Value $32,940 Tax Amount $1,876.08 Change Rate +0.031811% Assessed CR Tax Rate +0.045569%
Year 2022 Assessed Value $31,530 Land Value $6,300 Improvement Value $25,230 Tax Amount $1,818.24 Change Rate -0.053187% Assessed CR Tax Rate +0.057667%
Year 2021 Assessed Value $29,860 Land Value $5,970 Improvement Value $23,890 Tax Amount $1,920.38 Change Rate +0.015881% Assessed CR Tax Rate +0.064313%
Year 2020 Assessed Value $27,810 Land Value $5,560 Improvement Value $22,250 Tax Amount $1,890.36 Change Rate +0.087952% Assessed CR Tax Rate +0.067974%
Year 2019 Assessed Value $25,520 Land Value $5,100 Improvement Value $20,420 Tax Amount $1,737.54 Change Rate +0.030459% Assessed CR Tax Rate +0.068085%
Year 2018 Assessed Value $24,050 Land Value $4,810 Improvement Value $19,240 Tax Amount $1,686.18 Change Rate +0.035826% Assessed CR Tax Rate +0.070111%
Year 2017 Assessed Value $22,660 Land Value $4,530 Improvement Value $18,130 Tax Amount $1,627.86 Change Rate -0.034255% Assessed CR Tax Rate +0.071838%
Year 2016 Assessed Value $20,480 Land Value $4,090 Improvement Value $16,390 Tax Amount $1,685.6 Change Rate +0.097453% Assessed CR Tax Rate +0.082305%
Year 2015 Assessed Value $20,550 Land Value $4,110 Improvement Value $16,440 Tax Amount $1,535.92 Change Rate -0.045562% Assessed CR Tax Rate +0.074741%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,609.24 Change Rate Assessed CR Tax Rate