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1240 E Hearne Way; Gilbert, AZ Property Details

1240 E Hearne Way, Gilbert, AZ is a Single Family that was built in 1994. This property is currently Financed and is not for sale. Our records show that 1240 E Hearne Way has 3 bedrooms, and 3 bathrooms, and a total of 1,460 square feet. The lot size of 1240 E Hearne Way is 5,005 square feet.

Off market
1240 E Hearne Way Gilbert, AZ 85234
$229,000 Listing Price
3 Beds
3 Baths
1,460 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1994
  • Purchase Price: $222,000
  • Est. Equity / %: $435,000 / 100%
  • Gross Yield: 6.152%
  • APN: 309-01-039
  • Situs County: Maricopa
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,460/SqFt
  • Lot: 5,005/SqFt
  • Gross: 1,460/SqFt
  • Living: 1,460/SqFt
  • Building: 1,460/SqFt
  • Ground: 916/SqFt
  • Price Per Square Foot: $152.05

Legal Description

  • Description: HERITAGE COVE AT WIND DRIFT LOT 1-73 TR A-G MCR 313-04
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: 33.356808 / -111.76286
  • Subdivision: Heritage Cove At Wind Drift Lot 1-73 Tr
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 0131

Amenities

  • Plus Four: 6024
  • Bathroom Fixtures: 9
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $40
  • H O A Two: $52
  • H O A Amount: $92
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Heritage Cove Homeowners Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: Wind Drift Master Community Association
  • H O A Two Type: Home Owner Association

Ownership Info

1240 E Hearne Way has no associated ownership info
1240 E Hearne Way has no associated ownership info.

Taxes

1240 E Hearne Way has 9 associated Taxes items

1240 E 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 $16,876. The APN we've located for 1240 E Hearne Way is 309-01-039.

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Taxes
  • Assessed Value:  $16,876
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  309-01-039
  • Market Land Value:  69600
  • Tax Amount:  1292.66
  • Tax Year:  2025
  • Market Value:  348200
  • Market Year:  2025

Tax History

1240 E Hearne Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,876 Land Value Improvement Value Tax Amount $1,292.66 Change Rate +0.039132% Assessed CR Tax Rate +0.076598%
Year 2024 Assessed Value $16,072 Land Value Improvement Value Tax Amount $1,243.98 Change Rate -0.006136% Assessed CR Tax Rate +0.0774%
Year 2023 Assessed Value $30,230 Land Value $6,040 Improvement Value $24,190 Tax Amount $1,251.66 Change Rate +0.032433% Assessed CR Tax Rate +0.041405%
Year 2022 Assessed Value $22,920 Land Value $4,580 Improvement Value $18,340 Tax Amount $1,212.34 Change Rate -0.05105% Assessed CR Tax Rate +0.052894%
Year 2021 Assessed Value $21,420 Land Value $4,280 Improvement Value $17,140 Tax Amount $1,277.56 Change Rate +0.015435% Assessed CR Tax Rate +0.059643%
Year 2020 Assessed Value $20,380 Land Value $4,070 Improvement Value $16,310 Tax Amount $1,258.14 Change Rate +0.084454% Assessed CR Tax Rate +0.061734%
Year 2019 Assessed Value $17,900 Land Value $3,580 Improvement Value $14,320 Tax Amount $1,160.16 Change Rate +0.026708% Assessed CR Tax Rate +0.064813%
Year 2018 Assessed Value $16,550 Land Value $3,310 Improvement Value $13,240 Tax Amount $1,129.98 Change Rate +0.033663% Assessed CR Tax Rate +0.068277%
Year 2017 Assessed Value $15,310 Land Value $3,060 Improvement Value $12,250 Tax Amount $1,093.18 Change Rate -0.036336% Assessed CR Tax Rate +0.071403%
Year 2016 Assessed Value $14,610 Land Value $2,920 Improvement Value $11,690 Tax Amount $1,134.4 Change Rate +0.123858% Assessed CR Tax Rate +0.077645%
Year 2015 Assessed Value $13,660 Land Value $2,730 Improvement Value $10,930 Tax Amount $1,009.38 Change Rate -0.063742% Assessed CR Tax Rate +0.073893%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,078.1 Change Rate Assessed CR Tax Rate