1361 S SWALLOW Lane, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 3 bath
Loading property details...
1361 S SWALLOW Lane
Gilbert, AZ 85296
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,990Sq Ft
3,989Lot Size
Property Price
LIST PRICE$465,000
EST. MARKET VALUE
$436,438
6% AboveMARKET VALUE
SUMMARY
This 4-bedroom, 2.5-bath Single Family Residence is a Strong Value Opportunity, listed at $465,000—positioned well above the $436,439 Fair Market Value by -6%. While priced slightly above market, the property features paid-off solar panels and a granite kitchen, offering long-term utility savings. With a Fair Condition Rating and proximity to highly-rated schools like Williams Field High, this home provides a stable foundation for lifestyle growth. It is an ideal acquisition for Owner-Occupants seeking community amenities or first-time buyers prioritizing location.
Estimated Market Value
$436,438
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 |
|---|---|---|---|---|---|---|
★ 1361 S SWALLOW Lane Subject | $465,000* List Price | 4 | 3 | 1,990 | $219 | - |
A 4238 E BETSY Lane Sold | $440,000 | 4 | 3 | 1,713 | $257 | 0.2 mi |
B 887 S SWALLOW Lane Sold | $475,000 | 4 | 3 | 2,268 | $209 | 0.6 mi |
C 922 S AGNES Lane Sold | $465,000 | 3 | 3 | 2,207 | $211 | 0.8 mi |
D 1331 S BRIDGEGATE Drive Sold | $399,830 | 3 | 3 | 1,576 | $254 | 0.4 mi |
E 838 S HUISH Drive Sold | $435,000 | 3 | 3 | 2,164 | $201 | 0.8 mi |
F 3832 E JASPER Drive Sold | $435,000 | 4 | 3 | 2,037 | $214 | 0.4 mi |
G 4144 E DEVON Drive Sold | $450,000 | 3 | 2 | 1,837 | $245 | 0.3 mi |
H 1384 S HERON Lane Active | $435,000 List Price | 3 | 3 | 2,090 | $208 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004 (22 years old), the property falls into the fair category based on age. While well-maintained with granite countertops and the addition of paid-off solar, the maple cabinetry and overall aesthetic are dated and original to the build. Systems like HVAC and electric are likely approaching the end of their typical 20-year lifecycle.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features fully paid-off solar panels, providing significant monthly utility savings and immediate value without the burden of a lease.
- Exceptional Community Amenities
Located in a highly desirable Gilbert community, residents have access to premium amenities including multiple pools, parks, and basketball and volleyball courts.
- Strategic Location and Schools
The home offers excellent commuter access to the San Tan Freeway and I-60, while being served by high-rated schools like Williams Field High School.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
At just under 4,000 square feet, the lot is relatively compact, which may limit outdoor activities or private backyard space compared to other detached homes.
- Potential for Modernization
Built in 2004, the home may require aesthetic updates or maintenance on original systems to meet the standards of modern luxury buyers in the area.
About 1361 S SWALLOW Lane
PAID-OFF SOLAR + PRIME GILBERT LOCATION! Discover comfortable living in this spacious 4-bed, 2.5-bath, two-story home nestled in a highly desirable Gilbert community. Offering 2,035 sqft of living space, the home features a welcoming family room, formal dining area, and a well-appointed kitchen showcasing granite countertops and maple cabinetry. Enjoy the added benefit of paid-off solar panels for potential energy savings. The community offers an impressive lineup of amenities, including pools, parks, basketball and volleyball courts, and more. Conveniently located with easy access to the San Tan Freeway, Phoenix-Mesa Gateway Airport, and I-60, making commuting and everyday adventures a breeze. A great opportunity to enjoy convenience and community amenities in one sought-after location!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 3,989 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $84 / Month
Neighborhood Insights
Gilbert Unified Schools
Cooley Middle School
Grades 7-8 • 0.5 mi
7/10
Gateway Pointe Elementary School
Grades PK-8 • 1.0 mi
6/10
Williams Field High School
Grades 9-12 • 1.5 mi
8/10
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 | 1,990 | 2,210.986 |
| Lot Size | 3,989 | 7,346.256 |
| Price | $465.0K | $598.8K |
| Price per sq ft | $234 | $280 |
| Built year | 2004 | 2003 |
| HOA | $84 | $224 |
| Days on market | 29 | 71 |
Pricing History
Listed for Sale
Aug 11, 2026
$465,000
Initial Listing