1075 E PARKVIEW Court, Gilbert, AZ 85295, Gilbert, 85295 - 4 bed, 3 bath
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1075 E PARKVIEW Court
Gilbert, AZ 85295
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,314Sq Ft
5,250Lot Size
Property Price
LIST PRICE$555,000
EST. MARKET VALUE
$584,327
5% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $555,000—positioned well below the $584,328 Fair Market Value by 5%. This valuation gap provides $29,328 in Instant Equity. Featuring a Good Condition Rating, the home includes 2020 HVAC upgrades, a private pool, and a granite kitchen. Located near top-rated schools like Spectrum Elementary, this property offers a functional layout with a downstairs primary suite. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Estimated Market Value
$584,327+$29,327 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Gilbert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1075 E PARKVIEW Court Subject | $555,000* List Price | 4 | 3 | 2,314 | $253 | - |
A 1312 E CLIFTON Avenue Sold | $555,000 | 4 | 3 | 2,314 | $240 | 0.5 mi |
B 1285 E PARKVIEW Drive Sold | $661,000 | 4 | 3 | 2,500 | $264 | 0.3 mi |
C 3104 S LOIS Lane Sold | $499,000 | 4 | 3 | 2,194 | $227 | 0.5 mi |
D 1070 E LOWELL Court Sold | $410,000 | 3 | 3 | 1,576 | $260 | 0.0 mi |
E 1174 E CANYON CREEK Drive Active | $455,000 List Price | 3 | 3 | 1,757 | $259 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004, this property is exceptionally well-maintained and move-in ready. It features significant system upgrades with both HVAC units replaced in 2020 (<5 years old). The kitchen is functional with granite countertops and stainless steel appliances, and the primary bedroom has newer carpet (2021). While some bathroom cabinetry remains original/dated, the overall condition, new mechanicals, and manicured exterior (pool/turf) align with the Good criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Parkside Location
The property occupies a premium lot with no rear neighbors and direct access to walking trails, offering enhanced privacy and a scenic setting in the heart of Gilbert.
- Major Mechanical Upgrades
With both HVAC systems replaced in 2020, the home offers significant capital expenditure savings and improved energy efficiency, which is a major value-add in the Arizona climate.
- Highly Desirable Layout
The floor plan features a sought-after downstairs primary suite and a massive upstairs loft, providing a functional and flexible living arrangement for various family needs.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At 5,250 square feet, the lot is relatively small for a 2,314-square-foot home, resulting in a backyard that feels crowded by the pool and turf areas.
- Aging Infrastructure
Built in 2004, the property is entering a phase where original components like the roof and water heater may soon require professional evaluation or replacement.
About 1075 E PARKVIEW Court
**PARKSIDE LOT IN THE HEART OF GILBERT** Well kept gem located in The Spectrum. This 2313 plan features a downstairs primary bedroom, wood tile, close access to walking trails and no neighbors behind. Kitchen is open to living space and is outfitted with granite countertops and stainless steel appliances. Primary bedroom suite features newer carpet (2021), direct access to backyard, dual sinks in bathroom and walk-in closet. Upstairs features a massive loft with storage closet, 3 sizable bedrooms (2 of which have walk-in closets) and updated bathroom. Backyard is outfitted with private pool, turf area and covered patio for entertainment. Both HVAC systems were replaced in 2020. Spectrum offers its residents several parks, basketball courts and walking trails to enjoy, while being located right by Loop 202 for easy communiting. Just outside of the community is the SanTan Village corridor, with a massive selection of dining, entertainment and shopping options, all within a handful of minutes from your front door.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 5,250 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $324 / Month
Neighborhood Insights
Gilbert Unified Schools
Spectrum Elementary School
Grades PK-6 • 0.3 mi
7/10
South Valley Jr. High School
Grades 7-8 • 0.9 mi
7/10
Campo Verde High School
Grades 8-12 • 1.5 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,314 | 2,210.986 |
| Lot Size | 5,250 | 7,346.256 |
| Price | $555.0K | $598.8K |
| Price per sq ft | $240 | $280 |
| Built year | 2004 | 2003 |
| HOA | $324 | $224 |
| Days on market | 25 | 71 |
Pricing History
Listed for Sale
Aug 15, 2026
$555,000
Initial Listing