1339 S OWL Drive, Gilbert, AZ 85296, Gilbert, 85296 - 2 bed, 2 bath
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Gilbert, AZ 85296
This Tri-Level Townhouse is a Strong Value Opportunity, listed at $345,000—positioned above the $303,846 Fair Market Value. While priced above the current estimate, the property offers a unique financial advantage through an FHA Assumable Loan at 2.875%, providing significant long-term interest savings. Featuring a Condition Rating of 3, the home includes modern LVP flooring and a versatile loft. Located near Top-Rated Schools like Williams Field High, this property is an ideal fit for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with exceptional financing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1339 S OWL Drive Subject | $345,000* List Price | 2 | 2 | 1,188 | $256 | - |
A 4315 E JASPER Drive Sold | $347,500 | 4 | 2 | 1,464 | $237 | 0.1 mi |
B 4315 E JASPER Drive Sold | $347,500 | 3 | 2 | 1,464 | $237 | 0.1 mi |
C 4033 E Windsor Drive Sold | $315,000 | 2 | 2 | 1,075 | $293 | 0.4 mi |
D 1296 S SABINO Drive Sold | $350,000 | 3 | 2 | 1,463 | $239 | 0.5 mi |
E 1384 S SABINO Drive Pending | $320,000 List Price | 3 | 2 | 1,187 | $270 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), the property falls within the 10-20 year age bracket. The interior shows clear signs of being well-maintained with move-in ready appeal, including updated LVP flooring, modern light fixtures, and a refreshed kitchen with painted cabinetry and stone countertops. While systems are likely original, the overall condition is functional and requires no immediate maintenance.
The property features a rare FHA assumable loan at a 2.875% interest rate and potential seller financing, offering significant monthly savings compared to current market rates.
Ideally situated near the 202 freeway, Epicenter, and SanTan Village, providing residents with immediate access to premier dining, shopping, and entertainment hubs.
The tri-level layout includes a versatile loft that can easily be converted into a third bedroom or home office, allowing the home to grow with the buyer's needs.
The two-car tandem garage requires vehicles to be parked one behind the other, which can be less convenient for multi-driver households than a side-by-side layout.
The tri-level design involves multiple flights of stairs, which may pose accessibility challenges or be less desirable for buyers seeking a more traditional, open-concept flow.
Incredibly rare opportunity for buyers -- this home offers an FHA assumable loan at an amazing 2.875% interest rate (buyer qualification required), creating potential for significant monthly savings compared to today's rates. Seller Financing may also be available! Welcome to this beautifully maintained 2-bedroom, 2-bath tri-level home with attached 2 car tandem garage, with a layout that offers privacy, functionality and comfortable living. Loft can be converted to a 3rd bedroom/ flex room. Perfectly situated in a highly desirable community that offer 3 community pools and parks, located just off the 202 freeway for unbeatable convenience! Located just minutes from the thriving Epicenter, featuring exciting new restaurants, shopping, and entertainment, plus close proximity to SanTan Village and Mesa-Gateway Airport, this location truly has it all! Whether commuting, dining out, or enjoying nearby amenities, you'll love being in the center of it all. Don't miss your chance to own a home in a prime location with convenience, lifestyle, and value all in one!
No exterior & parking available.
Grades 7-8 • 0.7 mi
Grades PK-8 • 0.9 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,188 | 1,463.5 | 38% |
| Lot Size | 606 | 797 | 25% |
| Price | $345.0K | $347.5K | 38% |
| Price per sq ft | $290 | $238 | 63% |
| Built year | 2005 | 2006 | 50% |
| HOA | $90 | $87 | 50% |
| Days on market | 16 | 3270 | 13% |
May 21, 2026
$345,000
Initial Listing