4242 E Lexington Ave, Gilbert, AZ 85234 Property Records

Maricopa County property record for 4242 E Lexington Ave, Gilbert, AZ 85234

Property Summary

Property TypeSingle Family Home
Details4 ba · 2,769 sqft · built 2006
Lot Size0.145 acres (6,325 sqft)
OwnerIndividual Name on File
Last Sale$349,900 (Sep 2015)
Tax Bill$2,532 (2025)
Deeds & MortgagesAug 2023 Line of Credit
Mar 2022 Mortgage
+ 1 more
Flood ZoneZone X (moderate risk)
APN313-12-691

Property Details

APN / Parcel Number

Primary APN313-12-691

Interior

Full Baths4 Baths
Plumbing Fixtures11 Plumbing Fixtures
Stories2 Stories
Building Area2,769 sqft Living Area
1st Floor Area1,519 sqft
2nd Floor Area1,250 sqft

Exterior

Year BuiltBuilt 2006
Exterior MaterialWood
Construction TypeFrame
Roof MaterialConcrete Tile
Lot Area6,325 sqft (0.145 acres)
Parking Spaces2 Parking Spaces
Pool Area400 sqft
Patio Area125 sqft

Utilities, Heating & Cooling

Cooling SystemRefrigeration
Heating SystemHVAC

Location & Zoning

Street Address4242 E LEXINGTON AVE
CityGILBERT
StateAZ
Zip85234-0728
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-6
Legal DescriptionHIGHLAND GROVES AT MORRISON RANCH MCR 715-18
Legal Range06E
Legal Township01S
Legal Section12
Legal QuarterSW
Quarter-Quarter SectionNE
Legal SubdivisionHIGHLAND GROVES AT MORRISON RANCH
Legal Lot Number326
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group1
Census Block1006
Census Tract422623

Owner

4242 E Lexington Ave is owned and occupied by an individual who bought it in September 2015.

Source: Maricopa County records, as of November 20, 2025

Owner of RecordIndividual Name on File
Co-ownerCo-owner on File
Mailing Address4242 E LEXINGTON AVE, GILBERT, AZ 85234-0728
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Aug 15, 2023Deed of Trust, Mortgage · Line of Credit
LOANDEPOT.COM LLC
Mar 16, 2022Deed of Trust, Mortgage · Conventional Mortgage
UNITED WHOLESALE MORTGAGE
Feb 25, 2020Deed of Trust, Mortgage · Conventional Mortgage
NOVA FINANCIAL & INVESTMENT CORP

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleSep 11, 2015 · Amount on File
Deed SaleSep 11, 2015 · Amount on File
Prior SaleDec 29, 2006 · Amount on File
Deed Document Number20150657869
Record UpdatedJun 8, 2026

August 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address4242 E LEXINGTON AVE, GILBERT, AZ 85234-0728
Transaction TypeMortgage
Record UpdatedAug 24, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address4242 E LEXINGTON AVE, GILBERT, AZ 85234-0728

Mortgage

Document Number0000426539
DateAug 15, 2023
Instrument20230426539
Lender
NameLOANDEPOT.COM LLC
TypeMortgage Company
AddressIRVINE, CA 92618
Agreement
TypeLine of Credit
AmountAmount on Record
Term360 Months
DueAug 8, 2053
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

March 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address4242 E LEXINGTON AVE, GILBERT, AZ 85234-0728
Transaction TypeMortgage
Record UpdatedMar 25, 2022
Title CompanyTHOMAS TITLE AND ESCROW, THOMAS TITLE & ESCROW

Transferred To (Grantee/Buyer)

NameVerified Name
Address4242 E LEXINGTON AVE, GILBERT, AZ 85234-0728

Mortgage

Document Number0000239774
DateMar 16, 2022
Instrument20220239774
Lender
NameUNITED WHOLESALE MORTGAGE
TypeMortgage Company
AddressPONTIAC, MI 48341
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueApr 1, 2052

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address4242 E LEXINGTON AVE, GILBERT, AZ 85234-0728
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000159985
DateFeb 25, 2020
Instrument20200159985
Lender
NameNOVA FINANCIAL & INVESTMENT CORP
TypeFunding / Finance Company
AddressTUCSON, AZ 85711
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term241 Months
DueMar 1, 2040

Tax Assessment & Valuation

The 2025 property tax bill for 4242 E Lexington Ave was $2,532.

Source: Maricopa County assessment roll, as of January 1, 2025

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityGilbert Town
Unified School DistrictGilbert Unified District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$55,010$550,100 Land $110,000 Building $440,100
2025$2,532.00
2024$55,210$552,100 Land $110,400 Building $441,700
2023$2,447.00

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.

Flood

FEMA maps place 4242 E Lexington Ave in Zone X, an area of moderate flood risk.

Source: FEMA National Flood Hazard Layer, effective October 2, 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

Wildfire risk around 4242 E Lexington Ave is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 99.8% of the US · lower than 99.9% of Arizona
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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 SystemTOWN OF GILBERT
serves 247,600 people · EPA ID AZ0407092
Water SourceSurface water
Last State InspectionOct 2025
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTotal trihalomethanes
resolved · Jul 2017
Treatment and ProcedureTreatment report not submitted
Oct 2017
Monitoring and Reporting53
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 618 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Cox Communications
Cable · Fiber in parts of the area
2,000 / 100
CenturyLink
DSL · Fiber in parts of the area
140 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: Verizon.

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