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1240 S Colonial Dr; Gilbert, AZ Property Details

1240 S Colonial Dr, Gilbert, AZ is a Single Family that was built in 1996. This property is currently Financed,New Construction and is not for sale. Our records show that 1240 S Colonial Dr has 2 bathrooms, and a total of 1,358 square feet. The lot size of 1240 S Colonial Dr is 5,445 square feet.

Off market
1240 S Colonial Dr Gilbert, AZ 85296
$17,798 Estimated Value
2 Baths
1,358 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1996
  • Purchase Price: $102,071
  • Open Loans / Balance: 1 / $3,208
  • Est. Equity / %: $455,792 / 99.3%
  • Gross Yield: 6.261%
  • APN: 304-25-233
  • Situs County: Maricopa
  • Length Of Ownership: 29 years, 8 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,358/SqFt
  • Lot: 5,445/SqFt
  • Gross: 1,527/SqFt
  • Living: 1,358/SqFt
  • Building: 1,358/SqFt
  • Ground: 1,358/SqFt
  • Price Per Square Foot: $75.16

Legal Description

  • Description: LINDSAY RANCH UNIT 1 MCR 377-19
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: 33.32765 / -111.77072
  • Subdivision: Lindsay Ranch Unit 1
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 0131

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4227
  • Bathroom Fixtures: 7
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $142
  • H O A Amount: $142
  • H O A One Frequency: Quarterly
  • H O A One Name: Lindsay Ranch Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

1240 S Colonial Dr has no associated ownership info
1240 S Colonial Dr has no associated ownership info.

Taxes

1240 S Colonial Dr has 9 associated Taxes items

1240 S Colonial Dr, 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 $17,798. The APN we've located for 1240 S Colonial Dr is 304-25-233.

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Taxes
  • Assessed Value:  $17,798
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-25-233
  • Market Land Value:  70400
  • Tax Amount:  1363.76
  • Tax Year:  2025
  • Market Value:  352000
  • Market Year:  2025

Tax History

1240 S Colonial Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $17,798 Land Value Improvement Value Tax Amount $1,363.76 Change Rate +0.040117% Assessed CR Tax Rate +0.076624%
Year 2024 Assessed Value $16,950 Land Value Improvement Value Tax Amount $1,311.16 Change Rate -0.007659% Assessed CR Tax Rate +0.077355%
Year 2023 Assessed Value $31,010 Land Value $6,200 Improvement Value $24,810 Tax Amount $1,321.28 Change Rate +0.032912% Assessed CR Tax Rate +0.042608%
Year 2022 Assessed Value $23,520 Land Value $4,700 Improvement Value $18,820 Tax Amount $1,279.18 Change Rate -0.053161% Assessed CR Tax Rate +0.054387%
Year 2021 Assessed Value $22,160 Land Value $4,430 Improvement Value $17,730 Tax Amount $1,351 Change Rate +0.015958% Assessed CR Tax Rate +0.060966%
Year 2020 Assessed Value $20,420 Land Value $4,080 Improvement Value $16,340 Tax Amount $1,329.78 Change Rate +0.087772% Assessed CR Tax Rate +0.065121%
Year 2019 Assessed Value $18,720 Land Value $3,740 Improvement Value $14,980 Tax Amount $1,222.48 Change Rate +0.029908% Assessed CR Tax Rate +0.065303%
Year 2018 Assessed Value $17,030 Land Value $3,400 Improvement Value $13,630 Tax Amount $1,186.98 Change Rate +0.03594% Assessed CR Tax Rate +0.069699%
Year 2017 Assessed Value $15,670 Land Value $3,130 Improvement Value $12,540 Tax Amount $1,145.8 Change Rate -0.034839% Assessed CR Tax Rate +0.073121%
Year 2016 Assessed Value $14,870 Land Value $2,970 Improvement Value $11,900 Tax Amount $1,187.16 Change Rate +0.097779% Assessed CR Tax Rate +0.079836%
Year 2015 Assessed Value $14,010 Land Value $2,800 Improvement Value $11,210 Tax Amount $1,081.42 Change Rate -0.044631% Assessed CR Tax Rate +0.077189%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,131.94 Change Rate Assessed CR Tax Rate