1077 S REBER Avenue, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 3 bath
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Gilbert, AZ 85296
This Single Family Residence represents a Strong Value Opportunity, listed at $445,900—positioned well below the $471,416 Fair Market Value by 5%. This valuation gap offers $25,516 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modern stainless steel appliances and a functional layout in a master-planned community with pools and tennis courts. Proximity to top-rated schools like Williams Field High makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1077 S REBER Avenue Subject | $445,900* List Price | 3 | 3 | 1,982 | $238 | - |
A 3685 E HANS Drive Sold | $327,900 List Price | 3 | 4 | 2,015 | 0.1 mi | |
B 4040 E RANCH Road Sold | $525,000 | 4 | 3 | 2,270 | $231 | 0.4 mi |
C 1444 S LONGSPUR Lane Sold | $407,000 | 3 | 3 | 1,533 | $265 | 0.7 mi |
D 1560 S OWL Drive Sold | $350,000 | 3 | 3 | 1,295 | $270 | 0.9 mi |
E 849 S HENRY Lane Active Under Contract | $485,000 List Price | 3 | 3 | 2,138 | $227 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2015 (11 years old), the property is well-maintained and move-in ready. The kitchen features stainless steel appliances, and the bathrooms are functional and clean. While the carpet shows minor wear, the systems and structure are within their mid-life functional range, meeting the 10-20 year criteria for good condition.
Located in a premier Gilbert master-planned community, residents have access to three sparkling pools, tennis courts, and multiple greenbelts, providing exceptional recreational value.
Built in 2015, this home offers contemporary living with stainless steel appliances, a functional 1,982 sqft layout, and the convenience of an upstairs laundry room equipped with a washer and dryer.
The property is ideally positioned near highly-rated educational institutions, including Williams Field High School (Rating 8) and Cooley Middle School (Rating 7), which is a significant draw for families.
The property is currently occupied by tenants, which can complicate the showing process and may require the buyer to honor existing lease terms before taking possession.
With a lot size of only 3,270 square feet for a nearly 2,000 sqft home, the private yard space is minimal, which may not appeal to buyers seeking significant outdoor area.
Tenant's rights! Three bedroom 2 1/2 bath in a beautiful Gilbert master plan community. 2 car garage with inside laundry room equipped with washer and dryer. All stainless steel appliances in the kitchen including microwave and refrigerator. Downstairs is all tile and upstairs is carpet except for wet areas. 2 car garage. Lots of Greenbelts, play areas, and a tennis court. Community has 3 sparkling pools.
No exterior & parking available.
Grades 7-8 • 0.1 mi
Grades PK-8 • 1.5 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,982 | - |
| Lot Size | 3,270 | - |
| Price | $445.9K | $554.5K |
| Price per sq ft | $225 | $287 |
| Built year | 2015 | 0 |
| HOA | $168 | $0 |
| Days on market | 20 | 2717 |
Jul 2, 2026
$445,900
Initial Listing