265 N Gilbert Rd, Mesa, AZ 85203 Property Records

Maricopa County property record for 265 N Gilbert Rd, Mesa, AZ 85203

Property Summary

Property Type	Apartments (5+ Units)
Details	321,591 sqft · built 1984
Lot Size	15.6 acres (682,930 sqft)
Owner	Company Name on Record
Last Sale	$125,000,000 (Jun 2022)
Tax Bill	$231,014 (2025)
Deeds & Mortgages	Dec 2021 Mortgage Jun 2022 Sale & Mortgage + 3 more
Flood Zone	Zone X (moderate risk)
APN	`140-24-006-P`

Property Details

APN / Parcel Number

Primary APN	`140-24-006-P`
Alternative APN	`14024006P1`

Interior

Units	388 Units
Stories	2 Stories
Building Area	321,591 sqft Living Area
1st Floor Area	321,591 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1984
Effective Year Built	Effective 1984
Construction Type	Wood
Lot Area	682,930 sqft (15.6 acres)
Garage Area	168 sqft
Total Buildings	38 Buildings

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC
Heating Fuel	Gas
Sewer	Municipal

Location & Zoning

Street Address	265 N GILBERT RD
City	MESA
State	AZ
Zip	85203-8248
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	M-H
Legal Description	TH PT OF NW4 OF SEC 19 DAF COM NW COR OF SD SEC TH E 463.16F TH S 55F POB FOL 8 COURSES PER MOD MCR 264/39 TH E 477.75F TH S 939.95F TH W 889.75F TH N 520F TH E 300.72F TH N 229.96F TH E 115F TH N 189.97F POB P/F 07-0063456 EX TH N & W RW DECS P/F 13
Legal Range	6E
Legal Township	1N
Legal Section	19
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	1
Census Block	1006
Census Tract	421701

Owner

Source: Maricopa County records, as of April 10, 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 Record
Mailing Address	4912 INDIANOLA WAY, LA CANADA FLINTRIDGE, CA 91011-2650
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Dec 23, 2021	Deed of Trust, Mortgage · Commercial Mortgage CAPITAL ONE BANK NA
Jun 8, 2022	Special Warranty Deed, Transfer · Commercial Mortgage CBRE MULTIFAMILY CAPITAL INC
Sep 29, 2020	Grant Deed, Transfer LAWYERS TITLE
May 9, 2017	Deed of Trust, Mortgage PRIVATE INDIVIDUAL
Feb 10, 2017	Grant Deed, Transfer COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH TITLE COMPANY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 8, 2022 · Amount on Record
Deed Sale	Jun 8, 2022 · Amount on Record
Prior Sale	Sep 29, 2020 · Amount on Record
Deed Document Number	2022485689
Prior Transfer Date	Feb 9, 2017
Prior Transfer Doc	0000102358
Record Updated	Jun 8, 2026

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	265 N GILBERT RD, MESA, AZ 85203-8248
Transaction Type	Mortgage
Record Updated	Mar 5, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	ONE FEDERAL STREET 17TH FALLS ROAD #114336 114336, 114336, POTOMAC, MD 20854

Mortgage

Document Number	0001363812
Date	Dec 23, 2021
Instrument	20211363812

Lender

Name	CAPITAL ONE BANK NA
Type	Bank
Address	BOSTON, MA 02110

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

June 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jun 8, 2022
Property Address	265 N GILBERT RD, MESA, AZ 85203-8248
Document Number	0000485689
Instrument Date	Jun 8, 2022
Instrument	20220485689
Transaction Type	Transfer
Record Updated	Mar 5, 2024

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
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	1301 DOVE ST, NEWPORT BEACH, CA 92660-2412

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4912 INDIANOLA WAY, LA CANADA, CA 91011-2650

Mortgage

Document Number	0000485691
Date	Jun 8, 2022
Instrument	20220485691

Lender

Name	CBRE MULTIFAMILY CAPITAL INC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

September 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Sep 29, 2020
Property Address	265 N GILBERT RD, MESA, AZ 85203-8248
Document Number	0000921458
Instrument Date	Sep 23, 2020
Instrument	921458
Transaction Type	Transfer
Record Updated	Oct 8, 2020
Title Company	LAWYERS TITLE

Transaction

Amount	Amount Recorded
Tax	$71,000.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	1301 DOVE ST #860 NEWPORT BEACH CA 926602440, 860, NEWPORT BEACH, CA 92660-2440

May 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	265 N GILBERT RD, MESA, AZ 85203-8248
Document Number	0000337770
Instrument Date	May 9, 2017
Transaction Type	Mortgage
Record Updated	May 17, 2017
Title Company	COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	345 PARK AVE NEW YORK NY 101540004, NEW YORK, NY 10154-0004

Mortgage

Document Number	0000337770
Date	May 10, 2017
Instrument	337770

Lender

Name	PRIVATE INDIVIDUAL
Type	Private Party
Address	2177 YOUNGMAN AVE, ST PAUL, MN 55116-3042

Agreement

Amount	Amount Recorded
Term	84 Months
Due	May 9, 2024

February 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Feb 10, 2017
Property Address	265 N GILBERT RD, MESA, AZ 85203-8248
Document Number	0000102358
Instrument Date	Feb 10, 2017
Instrument	102358
Transaction Type	Transfer
Record Updated	Feb 16, 2017
Title Company	COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH TITLE COMPANY

Transaction

Amount	Amount Recorded
Tax	$40,700.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	233 S WACKER DR #4200 CHICAGO IL 606066310, 4200, CHICAGO, IL 60606-6310

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Mesa City
Unified School District	Mesa Unified District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$5,825,400 (+148.78%)	$58,254,000 (-20.46%) Land $11,650,800 Building $46,603,200
2025	$231,014.00 (-0.3%)	$2,341,548 (-71.13%)	$73,235,100 (-9.69%) Land $14,647,000 Building $58,588,100
2024		$8,109,400 (+30.99%)	$81,094,000 (+30.99%) Land $16,218,800 Building $64,875,200
2023	$231,720.00 (+2.11%)	$6,190,970 Land $1,238,190 Building $4,952,780	$61,909,700 Land $12,381,900 Building $49,527,800
2022	$226,926.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone AH, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 10 (0% premium discount)
Nearby Flood Policies	4 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF MESA serves 466,000 people · EPA ID AZ0407095
Water Source	Surface water
Last State Inspection	Nov 2024
Lead	5 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	24 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,089 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable · Fiber in parts of the area	2,000 / 500
Verizon Fixed Wireless	1,000 / 75
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 400
CenturyLink DSL	140 / 20
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: GeoLinks, Google Fiber.

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