1426 E PRINCETON Avenue, Gilbert, AZ 85234, Gilbert, 85234 - 3 bed, 2 bath
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Gilbert, AZ 85234
This Upgraded Single-Family Residence is a Strong Value Opportunity, listed at $543,000—positioned well below the $582,099 Fair Market Value by 6%. This valuation gap provides $39,099 in Instant Equity. Boasting a Good Condition Rating, the home features a Granite Kitchen, porcelain tile, and a backyard oasis with a Private Pool backing onto a peaceful greenbelt. With No HOA and proximity to Top-Rated Patterson Elementary, this property balances lifestyle and appreciation. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1426 E PRINCETON Avenue Subject | $543,000* List Price | 3 | 2 | 1,600 | $364 | - |
A 1909 E ANCHOR Drive Sold | $555,000 | 3 | 2 | 1,412 | $393 | 0.6 mi |
B 1067 N PLYMOUTH Court Sold | $492,000 List Price | 3 | 2 | 1,836 | 0.9 mi | |
C 1238 E HEATHER Avenue Sold | $500,000 | 3 | 2 | 1,704 | $293 | 0.4 mi |
D 1158 E DOUGLAS Avenue Sold | $459,500 | 3 | 2 | 1,538 | $299 | 0.4 mi |
E 1034 E ENCINAS Avenue Sold | $520,000 | 3 | 2 | 1,486 | $350 | 0.5 mi |
F 1709 E WATERCRESS Lane Active | $529,900 List Price | 3 | 3 | 1,667 | $318 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows clear evidence of pride of ownership and regular maintenance. Although built in 1993, the home has been updated with high-grade chiseled-edge granite countertops in the kitchen and bathrooms, porcelain tile flooring, and remodeled shower surrounds. The backyard is in excellent condition with premium travertine decking and a well-maintained pool. While some fixtures and appliances are not the most current modern style, the overall quality and lack of deferred maintenance justify a 'good' rating.
The backyard is a standout feature, offering a private oasis with a pool, premium reverse travertine decking, a built-in BBQ, and the rare advantage of no rear neighbors as it backs onto a greenbelt.
The lack of a Homeowners Association is a significant benefit in Gilbert, offering owners more freedom and lower overhead, which enhances its appeal as a high-performing rental or investment property.
The home features sophisticated finishes including 18-inch porcelain tile, chiseled-edge high-grade granite countertops, and fully remodeled bathrooms with custom tile surrounds.
Built in 1993, the home is over 30 years old, which may lead to upcoming maintenance requirements for major systems like the roof or HVAC if they have not been recently updated.
At 1,600 square feet, the interior living space is relatively compact for the price point, which may limit appeal for larger families or those requiring more expansive common areas.
Revenue generating property with NO HOA. This charming home features 18'' porcelain tile throughout with cozy carpet in two bedrooms. The kitchen boasts chiseled-edge, high-grade granite countertops, while both bathrooms have been stylishly remodeled with tile shower surrounds and granite counters. Enjoy the built-in entertainment center with a wine refrigerator and TV hookup above the fireplace. Step outside to a backyard entertainer's dream -- complete with reverse travertine tile decking around the pool, a built-in BBQ, and no neighbors behind -- just the peaceful greenbelt!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 0.4 mi
Grades 7-8 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,600 | 2,023 | 25% |
| Lot Size | 6,003 | 6,913 | 31% |
| Price | $543.0K | $479.0K | 67% |
| Price per sq ft | $339 | $256 | 87% |
| Built year | 1993 | 1994 | 50% |
| HOA | $0 | $75 | 21% |
| Days on market | 64 | 2339 | 1% |
Feb 17, 2026
$543,000
Initial Listing