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1226 Hearne Way

Gilbert, AZ 85234

3 bd 3 ba 1,534 sqft Built 1988 Lot 4,417 sqft single_family
Most recent sale
$514,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $514,000 Public Record
Apr 8, 2022 Listed $500,000 MLS #6380514
Mar 15, 2000 Sold $118,000 Public Record
Oct 24, 1995 Sold $100,250 Public Record
Apr 7, 1995 Sold $86,346 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,930 $1,249
2024 $33,930 $1,202
2023 $35,960 $1,209
2022 $17,740 $4,430 $22,170 $1,171
2021 $16,510 $4,120 $20,630 $1,235
2020 $15,700 $3,920 $19,620 $1,216
2019 $13,690 $3,420 $17,110 $1,121
2018 $12,710 $3,170 $15,880 $1,092
2017 $11,820 $2,950 $14,770 $1,057
2016 $11,310 $2,820 $14,130 $1,097
2015 $10,650 $2,660 $13,310 $971
2014 $8,300 $2,070 $10,370 $1,037
2013 $6,940 $1,730 $8,670 $919
2012 $7,760 $1,940 $9,700 $1,031
2011 $8,850 $2,210 $11,060 $981
2009 $13,780 $3,440 $17,220 $1,309
2008 $16,040 $4,010 $20,050 $1,322
2007 $14,800 $3,700 $18,500 $1,191

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,534 sqft
Lot size
4,417 sqft
ZIP code
85234
City
Gilbert
Street
Hearne Way
Coordinates
33.35688, -111.76347

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,378
Gross rental yield
5.55%
Implied cap rate
3.61%
Trend-extrapolated value

Frequently asked questions

When did 1226 Hearne Way last sell?
1226 Hearne Way most recently sold on Apr 29, 2022 for $514,000.
What is the current tax assessment for 1226 Hearne Way?
The most recent total assessment for 1226 Hearne Way (year 2025) is $33,930 with $1,249 in property tax.
How does 1226 Hearne Way's assessment compare to its last sale price?
The current assessment is 93.4% below the last sale price of $514,000.
When was 1226 Hearne Way built?
1226 Hearne Way was built in 1988.
How does 1226 Hearne Way compare to others on Hearne Way?
We track 8 other properties on Hearne Way. Browse the list under "Other properties on Hearne Way" to compare beds, baths, and sale history.
What are the property facts for 1226 Hearne Way?
1226 Hearne Way is a 3 bed, 3 bath, 1,534 sqft, 4,417 sqft lot single_family.
Is 1226 Hearne Way a flip candidate?
No — 1226 Hearne Way does not appear in our flips dataset.
Is 1226 Hearne Way a tax-appeal candidate?
No — 1226 Hearne Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-5.0%
2026 Q3
$574.8K
2026 Q4
$567K
ZIP 85234 — Median Price History + Forecast

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