1379 E JOSEPH Way, Gilbert, AZ 85295, Gilbert, 85295 - 4 bed, 3 bath
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Gilbert, AZ 85295
This Spacious 4-Bedroom Townhouse is a Strong Value Opportunity, listed at $449,000—positioned well below the $484,281 Fair Market Value by 7%. This valuation gap provides $35,281 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition Rating, the residence features significant recent upgrades including a 2022 AC and 2025 appliances. With a rare downstairs bedroom, greenbelt views, and proximity to top-rated Spectrum Elementary, the property offers immediate lifestyle luxury and financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey Gilbert asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1379 E JOSEPH Way Subject | $449,000* List Price | 4 | 3 | 1,893 | $256 | - |
A 2674 S HARMONY Avenue Sold | $499,000 List Price | 4 | 4 | 1,978 | 0.4 mi | |
B 1734 E HAMPTON Lane Sold | $419,500 | 2 | 3 | 1,432 | $293 | 0.5 mi |
C 1555 E ELGIN Street Active | $430,000 List Price | 3 | 3 | 1,504 | $286 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its age. While the oak cabinetry and bathroom fixtures reflect the original 2004 style, the home features significant recent upgrades including a new AC (2022), water heater and appliances (2025), and brand-new carpeting (2026). The interior shows pride of ownership with updated wood-look flooring and granite countertops, meeting the criteria for a well-maintained home with major systems within their functional lifespan.
The property is ideally situated backing to a greenbelt and is adjacent to community parks and pools, offering excellent recreational access and scenic views.
Significant updates including a 2022 AC replacement, 2025 water heater and appliances, and 2026 carpeting provide peace of mind and reduce immediate maintenance costs.
The inclusion of a full bedroom and bathroom on the ground floor offers rare flexibility for guests, multi-generational living, or a home office.
At $690 per month, the association fees are relatively high, which may affect overall affordability and buyer interest despite the maintenance coverage provided.
As a townhouse with a modest 4,017 sqft lot, the property offers less private outdoor space and privacy compared to detached single-family residences in the area.
Prime Gilbert location, backing to greenbelt! Close to shopping, dining, entertainment, hospital, and the Loop 202, this 4-bedroom home has an open floor plan, neutral tones throughout, and one full bedroom and bathroom conveniently located downstairs. Low-maintenance backyard offers lovely greenbelt views! Home is located adjacent to community park, pool, and playground, and is two blocks from the school. AC replaced in 2022, water heater, washer/dryer (included) in 2025. New carpet in bedrooms to be installed 4/21. Spectrum is an active community hosts events and activities for all ages, such as food trucks, book club, and movies in the park...something for everyone! HOA fees also cover front yard landscaping, roof repair/replacement, and exterior maintenance of home.
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades 7-8 • 1.2 mi
Grades 8-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 80% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,893 | 1,370 | 80% |
| Lot Size | 4,017 | 845 | 90% |
| Price | $449.0K | $419.8K | 80% |
| Price per sq ft | $237 | $273 | 40% |
| Built year | 2004 | 2019 | 10% |
| HOA | $690 | $150 | 90% |
| Days on market | 13 | 803 | 10% |
Apr 9, 2026
$449,000
Initial Listing