Maricopa County property record for 4500 E Ray Rd, Gilbert, AZ 85296 · Last verified April 2026
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
|---|---|
| Year Built | Built 2019 |
| Square Footage | 312,726 sqft Living Area |
| Lot Size | 741,050 sqft (17 acres) |
| Garage | Attached, 85,150 sqft |
| Last Sale | $84,350,000 (2020) |
| Tax Bill | $343,904.00 (2025) |
| Primary APN | 313-13-890 |
|---|---|
| Alternative APN |
|
| Units | 25 Units |
|---|---|
| Building Area | 312,726 sqft Living Area |
| 1st Floor | 312,726 sqft 1st Floor |
| Stories | 2 Stories |
| Year Built | Built 2019 |
|---|---|
| Effective Year Built | Effective 2019 |
| Construction Type | Wood Construction |
| Lot Area | 741,050 sqft (17 acres) |
| Garage Type | Attached Garage |
| Garage Area | 85,150 sqft Garage |
| Total Buildings | 27 Total Buildings |
| Sewage | Municipal Sewage |
|---|
| Street Address | 4500 E RAY RD |
|---|---|
| City | GILBERT |
| State | AZ |
| Zip | 85296-0671 |
| Property Usage | Residential Property Usage |
| Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Legal Description | GATEWAY POINTE MCR 1399-28 |
| Legal Range | 6E |
| Legal Township | 1S |
| Legal Section | 24 |
| Legal Subdivision | GATEWAY POINTE |
| Legal Lot Number | 1 |
| Jurisdiction | MARICOPA AZ |
| Minor Civil Division | CHANDLER |
| Census Blockgroup | 1 |
| Census Block | 1012 |
| Census Tract | 814802 |
Source: Maricopa County records · APN 313-13-890
Assessment roll updated October 22, 2025 · Last verified April 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 | 428 E WINCHESTER ST, 100, SALT LAKE CITY, UT 84107-8520 |
| Owner Type | Owner is a Company |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 22, 2020 · Amount on Record |
| Deed Sale | Dec 22, 2020 · Amount on Record |
| Deed Doc Number | 20201265723 |
| Record Refreshed | Jun 08, 2026 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | MARICOPA AZ |
| Recording Date | Dec 22, 2020 |
| Property Address | 4500 E RAY RD, GILBERT, AZ 85296-0671 |
| Document Number | 0001265723 |
| Map Reference | MB 1399 PG 28 |
| Instrument Date | Dec 18, 2020 |
| Instrument | 20201265723 |
| Transaction Type | Construction Loan |
| Record Updated | Dec 21, 2021 |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $0.00 |
| Amount Accuracy | From Affidavit or Verified |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 111 MONUMENT CIR STE 1600, 111, INDIANAPOLIS, IN 46204-0063 |
| Name | Verified Name |
|---|---|
| Address | 428 EAST WINCHESTER #100 # 100, 100, ELIZABETH, CO 80107 |
| Document Number | 0001265724 |
|---|---|
| Date | Dec 22, 2020 |
| Instrument | 20201265724 |
| Name | WALKER & DUNLOP LLC |
|---|---|
| Type | Non-Lending Institution |
| Type | Building or Construction Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 121 Months |
| Due | Jan 01, 2031 |
Source: Maricopa County records · Assessment roll updated October 22, 2025 · Last verified April 2026
| Type | Name |
|---|---|
| State | Arizona |
| County | Maricopa County |
| Municipality | Gilbert Town |
| Unified School District | Higley Unified District (PK - 12) |
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 | $7,028,410 (+82.64%) | $70,284,100 (-21.06%) Land $14,056,800 Building $56,227,300 | |
| 2025 | $343,904.00 (-5.11%) | $3,848,266 (-62.19%) | $89,032,000 (-12.52%) Land $17,806,400 Building $71,225,600 |
| 2024 | $10,177,280 | $101,772,800 Land $20,354,500 Building $81,418,300 | |
| 2023 | $362,423.00 |
4500 E Ray Rd is in FEMA Zone X, outside the Special Flood Hazard Area, with direct wildfire exposure (Low risk).
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 |
Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020
| Wildfire Risk to Homes | Low 20th percentile of exposed land nationally · 13th in Arizona |
|---|---|
| Wildfire Likelihood | Low — about 1 in 4,348 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; lenders make the official flood determination.
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