48 N Colonial Dr, Gilbert, AZ 85234 Property Records

Maricopa County property record for 48 N Colonial Dr, Gilbert, AZ 85234

Property Summary

Property Type	Townhouse
Details	2 ba · 1,347 sqft · built 1985
Lot Size	0.103 acres (4,474 sqft)
Owner	Company Name on Record
Last Sale	$318,000 (Jun 2026)
Tax Bill	$1,560 (2025)
Deeds & Mortgages	Jun 2026 Sale Jun 2026 Sale & Mortgage
Flood Zone	Zone X (moderate risk)
APN	`304-13-054`

Property Details

APN / Parcel Number

Primary APN	`304-13-054`
Alternative APN	`304130542`

Interior

Full Baths	2 Baths
Plumbing Fixtures	7 Plumbing Fixtures
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,347 sqft Living Area
Gross Area	1,497 sqft
1st Floor Area	1,347 sqft

Exterior

Year Built	Built 1985
Effective Year Built	Effective 1985
Architectural Style	Townhouse
Exterior Material	Brick
Construction Type	Frame
Roof Material	Asphalt
Lot Area	4,474 sqft (0.103 acres)
Parking Spaces	2 Parking Spaces
Patio Area	150 sqft

Utilities, Heating & Cooling

Cooling System	Refrigeration
Heating System	Forced Air with A/C

Location & Zoning

Street Address	48 N COLONIAL DR
City	GILBERT
State	AZ
Zip	85234-5919
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Townhouse
Local Zoning Code	R-4
Legal Description	LOWE ESTATES MCR 272-43
Legal Range	6E
Legal Township	1S
Legal Section	8
Legal Subdivision	LOWE ESTATES
Legal Lot Number	33
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	3
Census Block	3020
Census Tract	422509

Owner

Source: Maricopa County records, as of August 17, 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	2646 E ORANGE ST, TEMPE, AZ 85288-5019
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jun 18, 2026	Special Warranty Deed, Transfer MAGNUS TITLE AGENCY
Jun 18, 2026	Special Warranty Deed, Transfer · Conventional Mortgage CAPITAL FUND I LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 18, 2026 · Amount on Record
Deed Sale	Jun 18, 2026 · Amount on Record
Prior Sale	Jun 18, 2026 · Amount on Record
Deed Document Number	2026368999
Prior Transfer Date	Sep 23, 2002
Prior Transfer Doc	0001008542
Record Updated	Sep 20, 2026

June 2026: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jun 18, 2026
Property Address	48 N COLONIAL DR, GILBERT, AZ 85234-5919
Document Number	0000368207
Instrument Date	Jun 18, 2026
Instrument	2026368207
Transaction Type	Transfer
Record Updated	Jun 25, 2026
Title Company	MAGNUS TITLE AGENCY

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Address	2646 E ORANGE ST, TEMPE, AZ 85288-5019

June 2026: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jun 18, 2026
Property Address	48 N COLONIAL DR, GILBERT, AZ 85234-5919
Document Number	0000368999
Instrument Date	Jun 12, 2026
Instrument	2026368999
Transaction Type	Transfer
Record Updated	Jun 25, 2026
Title Company	MAGNUS TITLE AGENCY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Address	260 E PINON WAY, GILBERT, AZ 85234-4634

Mortgage

Document Number	0000369000,
Date	Jun 18, 2026
Instrument	2026369000

Lender

Name	CAPITAL FUND I LLC

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate	6.37%
Max Rate	-1%

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$33,160 (+127.42%)	$331,600 (+1.66%) Land $66,300 Building $265,300
2025	$1,560.00 (+44.85%)	$14,581 (-60.72%)	$326,200 (-12.12%) Land $65,200 Building $261,000
2024		$37,120	$371,200 Land $74,200 Building $297,000
2023	$1,077.00

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

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
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	2 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	TOWN OF GILBERT serves 247,600 people · EPA ID AZ0407092
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, 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 631 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
Verizon Fixed Wireless	300 / 20
CenturyLink DSL · Fiber in parts of the area	140 / 20
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Arizona Network, Tristate Wi-Fi by Wi-Fiber.

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