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1240 W Edgewater Dr; Gilbert, AZ Property Details

1240 W Edgewater Dr, 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 W Edgewater Dr has 5 bedrooms, and 4.5 bathrooms, and a total of 4,032 square feet. The lot size of 1240 W Edgewater Dr is 9,017 square feet.

Off market
1240 W Edgewater Dr Gilbert, AZ 85233
$1,150,000 Listing Price
5 Beds
4.5 Baths
4,032 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1994
  • Purchase Price: $1,150,000
  • Open Loans / Balance: 1 / $708,888
  • Est. Equity / %: $493,112 / 41.02%
  • Gross Yield: 5.994%
  • APN: 310-04-325
  • Situs County: Maricopa
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Concrete Block
  • Stories: 2
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: B
  • Pool Type: Yes
  • Roof Cover Type: Concrete

Measurements

  • Total: 4,032/SqFt
  • Lot: 9,017/SqFt
  • Gross: 4,332/SqFt
  • Living: 4,032/SqFt
  • Building: 4,032/SqFt
  • Ground: 2,082/SqFt
  • Price Per Square Foot: $285.22

Legal Description

  • Description: CATALINA BAY AT THE ISLANDS UNIT 4 MCR 363-23
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: 33.33871 / -111.81531
  • Subdivision: Catalina Bay At The Islands Unit 4
  • Property Class: Residential
  • Zoning: R-7
  • County Use Code: 0141

Amenities

  • Pool: true
  • Plus Four: 7041
  • Bathroom Fixtures: 14
  • Cooling: Refrigeration
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 4

HOA

  • H O A One: $364
  • H O A Amount: $364
  • H O A One Frequency: Semi-Annual
  • H O A One Name: Islands Community Association
  • H O A One Type: Home Owner Association

Ownership Info

1240 W Edgewater Dr has no associated ownership info
1240 W Edgewater Dr has no associated ownership info.

Taxes

1240 W Edgewater Dr has 9 associated Taxes items

1240 W Edgewater 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 $69,365. The APN we've located for 1240 W Edgewater Dr is 310-04-325.

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Taxes
  • Assessed Value:  $69,365
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  310-04-325
  • Market Land Value:  179100
  • Tax Amount:  5733.44
  • Tax Year:  2025
  • Market Value:  895800
  • Market Year:  2025

Tax History

1240 W Edgewater Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,365 Land Value Improvement Value Tax Amount $5,733.44 Change Rate +0.041508% Assessed CR Tax Rate +0.082656%
Year 2024 Assessed Value $66,062 Land Value Improvement Value Tax Amount $5,504.94 Change Rate -0.004852% Assessed CR Tax Rate +0.08333%
Year 2023 Assessed Value $77,910 Land Value $15,580 Improvement Value $62,330 Tax Amount $5,531.78 Change Rate +0.030491% Assessed CR Tax Rate +0.071002%
Year 2022 Assessed Value $59,920 Land Value $11,980 Improvement Value $47,940 Tax Amount $5,368.1 Change Rate -0.039098% Assessed CR Tax Rate +0.089588%
Year 2021 Assessed Value $57,260 Land Value $11,450 Improvement Value $45,810 Tax Amount $5,586.52 Change Rate +0.002131% Assessed CR Tax Rate +0.097564%
Year 2020 Assessed Value $57,080 Land Value $11,410 Improvement Value $45,670 Tax Amount $5,574.64 Change Rate +0.084122% Assessed CR Tax Rate +0.097664%
Year 2019 Assessed Value $52,960 Land Value $10,590 Improvement Value $42,370 Tax Amount $5,142.08 Change Rate +0.030733% Assessed CR Tax Rate +0.097094%
Year 2018 Assessed Value $50,560 Land Value $10,110 Improvement Value $40,450 Tax Amount $4,988.76 Change Rate +0.038559% Assessed CR Tax Rate +0.09867%
Year 2017 Assessed Value $51,300 Land Value $10,260 Improvement Value $41,040 Tax Amount $4,803.54 Change Rate -0.028312% Assessed CR Tax Rate +0.093636%
Year 2016 Assessed Value $52,780 Land Value $10,550 Improvement Value $42,230 Tax Amount $4,943.5 Change Rate +0.109757% Assessed CR Tax Rate +0.093662%
Year 2015 Assessed Value $53,220 Land Value $10,640 Improvement Value $42,580 Tax Amount $4,454.58 Change Rate -0.004714% Assessed CR Tax Rate +0.083701%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,475.68 Change Rate Assessed CR Tax Rate