1233 S Gilbert Rd, Gilbert, AZ 85296 Property Records

Maricopa County property record for 1233 S Gilbert Rd, Gilbert, AZ 85296

Property Summary

Property Type	Apartments (5+ Units)
Details	237,329 sqft · built 2021
Lot Size	9.76 acres (425,164 sqft)
Owner	Company Name on File
Last Sale	$91,000,000 (Jul 2022)
Tax Bill	$335,500 (2025)
Deeds & Mortgages	Jul 2022 Sale & Mortgage
Flood Zone	Zone X (moderate risk)
APN	`304-25-947`

Property Details

APN / Parcel Number

Primary APN	`304-25-947`
Alternative APN	`304259470`

Interior

Stories	3 Stories
Building Area	237,329 sqft Living Area
1st Floor Area	237,329 sqft

Exterior

Year Built	Built 2021
Effective Year Built	Effective 2021
Architectural Style	Multi-Family
Construction Type	Wood
Lot Area	425,164 sqft (9.76 acres)
Garage Type	Detached
Garage Area	2,103 sqft
Total Buildings	7 Buildings

Utilities, Heating & Cooling

Sewer	Municipal

Location & Zoning

Street Address	1233 S GILBERT RD
City	GILBERT
State	AZ
Zip	85296-4106
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	C-N
Legal Description	WYATT BY WATERMARK MCR 1545-28
Legal Subdivision	WYATT BY WATERMARK
Legal Lot Number	1
Jurisdiction	MARICOPA AZ
Township / Civil Division	CHANDLER
Census Block Group	2
Census Block	2016
Census Tract	814400

Owner

Source: Maricopa County records · APN 304-25-947

Assessment roll updated October 22, 2025 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	6222 WILSHIRE BLVD, 400, LOS ANGELES, CA 90048-5100
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jul 28, 2022 · Amount on Record
Deed Sale	Jul 28, 2022 · Amount on Record
Deed Document Number	2022605741
Record Updated	Sep 20, 2026

July 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jul 28, 2022
Property Address	1233 S GILBERT RD, GILBERT, AZ 85296-4106
Document Number	0000605741
Map Reference	MB 1545 PG 28
Instrument Date	Jul 28, 2022
Instrument	20220605741
Transaction Type	Transfer
Record Updated	Mar 05, 2024

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	901 WABASH AVE STE 300, 300, TERRE HAUTE, IN 47807-3233

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	622 WILSHIRE BLVD # 400, 400, LOS ANGELES, CA 90005-3983

Mortgage

Document Number	0000605742
Date	Jul 28, 2022
Instrument	20220605742

Lender

Name	CITIBANK NA
Type	Bank

Agreement

Type	Unknown
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated October 22, 2025 · Last verified July 2026

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Gilbert Town
Unified School District	Gilbert Unified District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$6,051,920 (+63.78%)	$60,519,200 (-21.01%) Land $12,103,800 Building $48,415,400
2025	$335,500.00 (+3.3%)	$3,695,108 (-53.6%)	$76,619,200 (-3.79%) Land $15,323,800 Building $61,295,400
2024		$7,963,830	$79,638,300 Land $15,927,600 Building $63,710,700
2023	$324,794.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Maricopa County (04013C), as of October 2, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition, as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it

Wildfire

Wildfire Risk	Low lower than 99.8% of the US · lower than 99.9% of Arizona
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
Cox Communications Cable · Fiber in parts of the area	2,000 / 500
Arizona Network Fixed Wireless	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
AT&T Fixed Wireless · Fiber in parts of the area	100 / 20
T-Mobile USA Fixed Wireless	100 / 20

May also be available: California Internet, Lumen Technologies, Wi-Fiber, Xfinity.

Based on FCC filings for 513 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System, water system AZ0407092, as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water System	TOWN OF GILBERT serves 247,600 people
Water Source	Surface water
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Jul 2017
Treatment and Procedure	Treatment report not submitted Oct 2017
Monitoring and Reporting	53 last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.