- Assessed Value: $37,345
- Assessed Year: 2025
- Assessed County: Maricopa
- APN: 304-58-515
- Market Land Value: 111700
- Tax Amount: 2931.42
- Tax Year: 2025
- Market Value: 558600
- Market Year: 2025
940 E Drexel Dr; Gilbert, AZ Property Details
Off market
940 E Drexel Dr Gilbert, AZ 85297
$725,000 Listing Price
4 Beds
3.5 Baths
2,767 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2012
- Purchase Price: $725,000
- Open Loans / Balance: 1 / $201,614
- Est. Equity / %: $495,386 / 71.07%
- Gross Yield: 5.941%
- APN: 304-58-515
- Situs County: Maricopa
- Length Of Ownership: 4 years, 2 months
Rooms
- Bedrooms: 4
- Bathrooms: 3.5
- Full Bathrooms: 3
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Combination
- Pool Type: Yes
- Roof Cover Type: Concrete
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 2,767/SqFt
- Lot: 7,475/SqFt
- Gross: 2,887/SqFt
- Living: 2,767/SqFt
- Building: 2,767/SqFt
- Ground: 1,287/SqFt
- Price Per Square Foot: $262.02
Legal Description
- Description: LAYTON LAKES PARCEL 6 MCR 835-38
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Chandler Unified District
- Lat / Lon: 33.264835 / -111.769684
- Subdivision: Layton Lakes Parcel 6
- Property Class: Residential
- Zoning: R-7
- County Use Code: 0141
Amenities
- Pool: true
- Plus Four: 1910
- Bathroom Fixtures: 11
- Cooling: Refrigeration
- Garage: Garage
- Heating: Forced air unit
- Parking: 3
HOA
- H O A One: $347
- H O A Two: $310
- H O A Amount: $657
- H O A One Frequency: Quarterly
- H O A Two Frequency: Quarterly
- H O A One Name: Layton Lakes Community Association
- H O A One Type: Home Owner Association
- H O A Two Name: Layton Lakes Community Association, An Arizona Nonprofit Corporation
- H O A Two Type: Home Owner Association
Ownership Info
940 E Drexel Dr has no associated ownership info
940 E Drexel Dr has no associated ownership info.
Taxes
940 E Drexel Dr has 9 associated Taxes items
940 E Drexel 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 $37,345. The APN we've located for 940 E Drexel Dr is 304-58-515.
Unlock the full reportTaxes
Tax History
940 E Drexel Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $37,345 | Land Value | Improvement Value | Tax Amount $2,931.42 | Change Rate +0.01314% | Assessed CR | Tax Rate +0.078496% |
| Year 2024 | Assessed Value $35,567 | Land Value | Improvement Value | Tax Amount $2,893.4 | Change Rate +0.022923% | Assessed CR | Tax Rate +0.081351% |
| Year 2023 | Assessed Value $50,920 | Land Value $10,180 | Improvement Value $40,740 | Tax Amount $2,828.56 | Change Rate +0.035685% | Assessed CR | Tax Rate +0.055549% |
| Year 2022 | Assessed Value $38,600 | Land Value $7,720 | Improvement Value $30,880 | Tax Amount $2,731.1 | Change Rate -0.044295% | Assessed CR | Tax Rate +0.070754% |
| Year 2021 | Assessed Value $36,000 | Land Value $7,200 | Improvement Value $28,800 | Tax Amount $2,857.68 | Change Rate +0.004916% | Assessed CR | Tax Rate +0.07938% |
| Year 2020 | Assessed Value $34,320 | Land Value $6,860 | Improvement Value $27,460 | Tax Amount $2,843.7 | Change Rate +0.040962% | Assessed CR | Tax Rate +0.082858% |
| Year 2019 | Assessed Value $32,110 | Land Value $6,420 | Improvement Value $25,690 | Tax Amount $2,731.8 | Change Rate +0.032575% | Assessed CR | Tax Rate +0.085076% |
| Year 2018 | Assessed Value $31,360 | Land Value $6,270 | Improvement Value $25,090 | Tax Amount $2,645.62 | Change Rate +0.06779% | Assessed CR | Tax Rate +0.084363% |
| Year 2017 | Assessed Value $30,710 | Land Value $6,140 | Improvement Value $24,570 | Tax Amount $2,477.66 | Change Rate +0.035162% | Assessed CR | Tax Rate +0.080679% |
| Year 2016 | Assessed Value $32,430 | Land Value $6,480 | Improvement Value $25,950 | Tax Amount $2,393.5 | Change Rate +0.035932% | Assessed CR | Tax Rate +0.073805% |
| Year 2015 | Assessed Value $31,260 | Land Value $6,250 | Improvement Value $25,010 | Tax Amount $2,310.48 | Change Rate -0.084356% | Assessed CR | Tax Rate +0.073912% |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,523.34 | Change Rate | Assessed CR | Tax Rate |