
Gilbert, AZ 85233
This Single Family Residence is a Strong Value Opportunity, listed at $400,000—positioned well above the $354,751 Fair Market Value by 12%. While the price reflects a premium, the home features a Condition Rating of 4, boasting paid-off solar panels, new windows, and vinyl flooring. The functional layout includes a main-level bedroom and half-bath, ideal for guests. Located minutes from Downtown Gilbert, this property offers a blend of energy efficiency and convenience, making it an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1417 N DANA Street Subject | $400,000* List Price | 3 | 3 | 1,336 | $266 | - |
A 117 W Gary Way Sold | $352,500 | 3 | 3 | 1,640 | $215 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1989, is well-maintained and features significant functional updates including new windows, vinyl plank flooring, and paid-off solar panels. However, it retains dated elements in the bathrooms and kitchen, such as original-style oak cabinetry, older Hollywood-style light fixtures, and basic fiberglass tub surrounds. While move-in ready, the home shows signs of being outdated in its core aesthetic and fixtures, fitting the criteria for a property of its age that has received partial rather than extensive modern renovations.
The property is ideally situated just minutes from Downtown Gilbert, offering convenient access to popular dining, shopping, and major freeways.
The home features significant value-adds including fully paid-off solar panels and new windows, which contribute to lower monthly utility costs.
The floor plan includes a bedroom and half-bathroom on the main level, providing excellent flexibility for guests or a home office setup.
With 1,336 square feet for a three-bedroom residence, the interior living areas and bedrooms may feel small compared to other single-family homes in the area.
The 3,598 square foot lot offers minimal outdoor space, which may be a drawback for buyers looking for a large private backyard or extensive landscaping.
Looking to be mins away from Downtown Gilbert!? Beautiful home in the desired neighborhood of Gateway Court. Home is a 3 bed, 2.5 bath, 1,336 sq. ft. Full bedroom and 1/2 bathroom are downstairs. Home updates include paid off solar, vinyl flooring, new windows and community pool! Home is close to shopping, downtown Gilbert and freeways.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 8-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,336 | - |
| Lot Size | 3,598 | - |
| Price | $400.0K | $554.5K |
| Price per sq ft | $299 | $287 |
| Built year | 1989 | 0 |
| HOA | $73 | $0 |
| Days on market | 184 | 2717 |
Jun 23, 2026
$400,000
$409,999
-2% Price Drop
Initial Listing
Jun 8, 2026
$409,999
$414,900
-1% Price Drop
Initial Listing
May 28, 2026
$414,900
$415,000
+0% Price Increase
Initial Listing
Apr 23, 2026
$415,000
$429,900
-3% Price Drop
Initial Listing
Jan 19, 2026
$429,900
Initial Listing