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2940 E Cotton Ln; Gilbert, AZ Property Details

2940 E Cotton Ln, Gilbert, AZ is a Single Family that was built in 2001. This property is currently Financed and is not for sale. Our records show that 2940 E Cotton Ln has 5 bedrooms, and 4.5 bathrooms, and a total of 3,745 square feet. The lot size of 2940 E Cotton Ln is 10,200 square feet.

Off market
2940 E Cotton Ln Gilbert, AZ 85234
$470,000 Listing Price
5 Beds
4.5 Baths
3,745 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2001
  • Purchase Price: $470,000
  • Open Loans / Balance: 1 / $446,120
  • Est. Equity / %: $504,880 / 53.09%
  • Gross Yield: 5.112%
  • APN: 304-14-907
  • Situs County: Maricopa
  • Length Of Ownership: 10 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: B
  • Pool Type: Yes
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 3,745/SqFt
  • Lot: 10,200/SqFt
  • Gross: 3,925/SqFt
  • Living: 3,745/SqFt
  • Building: 3,745/SqFt
  • Ground: 1,978/SqFt
  • Price Per Square Foot: $125.50

Legal Description

  • Description: HIGLEY GROVES WEST MCR 510-15
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: 33.350834 / -111.726906
  • Subdivision: Higley Groves West
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 0141

Amenities

  • Pool: true
  • Plus Four: 6392
  • Bathroom Fixtures: 14
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One: $321
  • H O A Two: $156
  • H O A Amount: $477
  • H O A One Frequency: Quarterly
  • H O A Two Frequency: Monthly
  • H O A One Name: Higley Groves Homeowners Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: Higley Groves West At Morrison Ranch Homeowners Association
  • H O A Two Type: Home Owner Association

Ownership Info

2940 E Cotton Ln has no associated ownership info
2940 E Cotton Ln has no associated ownership info.

Taxes

2940 E Cotton Ln has 9 associated Taxes items

2940 E Cotton Ln, 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 $49,048. The APN we've located for 2940 E Cotton Ln is 304-14-907.

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Taxes
  • Assessed Value:  $49,048
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-14-907
  • Market Land Value:  141200
  • Tax Amount:  3936.88
  • Tax Year:  2025
  • Market Value:  706000
  • Market Year:  2025

Tax History

2940 E Cotton Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $49,048 Land Value Improvement Value Tax Amount $3,936.88 Change Rate +0.043219% Assessed CR Tax Rate +0.080266%
Year 2024 Assessed Value $46,712 Land Value Improvement Value Tax Amount $3,773.78 Change Rate -0.004931% Assessed CR Tax Rate +0.080788%
Year 2023 Assessed Value $61,700 Land Value $12,340 Improvement Value $49,360 Tax Amount $3,792.48 Change Rate +0.032968% Assessed CR Tax Rate +0.061466%
Year 2022 Assessed Value $47,450 Land Value $9,490 Improvement Value $37,960 Tax Amount $3,671.44 Change Rate -0.03613% Assessed CR Tax Rate +0.077375%
Year 2021 Assessed Value $44,930 Land Value $8,980 Improvement Value $35,950 Tax Amount $3,809.06 Change Rate +0.017992% Assessed CR Tax Rate +0.084778%
Year 2020 Assessed Value $42,050 Land Value $8,410 Improvement Value $33,640 Tax Amount $3,741.74 Change Rate +0.089013% Assessed CR Tax Rate +0.088983%
Year 2019 Assessed Value $41,670 Land Value $8,330 Improvement Value $33,340 Tax Amount $3,435.9 Change Rate +0.033316% Assessed CR Tax Rate +0.082455%
Year 2018 Assessed Value $39,120 Land Value $7,820 Improvement Value $31,300 Tax Amount $3,325.12 Change Rate +0.039366% Assessed CR Tax Rate +0.084998%
Year 2017 Assessed Value $39,730 Land Value $7,940 Improvement Value $31,790 Tax Amount $3,199.18 Change Rate -0.02908% Assessed CR Tax Rate +0.080523%
Year 2016 Assessed Value $37,710 Land Value $7,540 Improvement Value $30,170 Tax Amount $3,295 Change Rate +0.104808% Assessed CR Tax Rate +0.087377%
Year 2015 Assessed Value $40,210 Land Value $8,040 Improvement Value $32,170 Tax Amount $2,982.42 Change Rate -0.053488% Assessed CR Tax Rate +0.074171%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,150.96 Change Rate Assessed CR Tax Rate