1246 E Penedes Dr, Gilbert, AZ 85298 Property Records

Maricopa County property record for 1246 E Penedes Dr, Gilbert, AZ 85298 · Last verified June 2026

Property Highlights

Property Type	Vacant Land > Uncategorized
Lot Size	8,177 sqft (0.188 acres)
Last Sale	$12,563,476 (2025)
Tax Bill	$449.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`313-31-779`
Alternative APN	`313317797`

Interior

Plumbing Fixtures	9 Plumbing Fixtures

Exterior

Lot Area	8,177 sqft (0.188 acres)
Parking Spaces	2 Parking Spaces
Patio Area	176 sqft Patio

Location & Zoning

Street Address	1246 E PENEDES DR
City	GILBERT
State	AZ
Zip	85298-2357
Property Usage	Vacant Land Property Usage
Type	Vacant Land > Uncategorized
Legal Description	WATERSTON CENTRAL PHASE 2 MCR 1672-35
Legal Subdivision	WATERSTON CENTRAL PHASE 2
Legal Lot Number	385
Jurisdiction	MARICOPA AZ
Minor Civil Division	CHANDLER
Census Blockgroup	1
Census Block	1003
Census Tract	816003

Owner

Source: Maricopa County records · APN 313-31-779

Assessment roll updated October 22, 2025 · Last verified June 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	7001 N SCOTTSDALE RD, 2020, PARADISE VALLEY, AZ 85253-3644
Owner Type	Owner is a Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 22, 2025 · Amount on Record
Deed Sale	Jan 22, 2025 · Amount on Record
Deed Doc Number	202536370
Record Refreshed	Sep 20, 2026

July 2026: Special Warranty Deed

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jul 28, 2026
Property Address	1246 E PENEDES DR, GILBERT, AZ 85298-2357
Document Number	0000446616
Instrument Date	Jul 22, 2026
Instrument	2026446616
Record Updated	Aug 04, 2026
Title Company	EQUITABLE TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1246 E PENEDES DR, GILBERT, AZ 85298-2357

Mortgage

Document Number	0000446617,
Date	Jul 28, 2026
Instrument	2026446617

Lender

Name	CMG MORTGAGE INC

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Aug 01, 2056

Interest

Rate Type	Fixed Rate
Rate	6.52%
Initial Type	Fixed Rate
Max Rate	-1%

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$26,640 (+498.11%)	$696,800 (+1,061.33%) Land $139,300 Building $557,500
2025	$449.00 (+3.22%)	$4,454 (-50.43%) Land $4,454	$60,000 (+0.17%) Land $60,000
2024		$8,985	$59,900 Land $59,900
2023	$435.00 (+987.5%)
2022	$40.00

Flood & Wildfire

1246 E Penedes Dr is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Maricopa County (04013C), updated October 2, 2026

FEMA Flood Zone	Zone X moderate flood hazard · within the 0.2% annual chance floodplain
Special Flood Hazard Area	No

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to Homes	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach of burnable land

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