1639 E REDFIELD Road, Gilbert, AZ 85234, Gilbert, 85234 - 4 bed, 2 bath
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Gilbert, AZ 85234
This Sonoma Ranch Short Sale represents a High-Potential Investment Opportunity with a List Price of $460,000, currently aligned with its $460,000 Fair Market Value. While priced at market, identical 1,820 sqft models in the immediate vicinity have recently closed at $488,000, suggesting clear upside through renovation. The property maintains a Condition Rating of 4 and is sold as-is, requiring updates to its original 1995 finishes. Situated just 0.25 miles from top-rated Sonoma Ranch Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking equity in a premier Gilbert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1639 E REDFIELD Road Subject | $450,000* List Price | 4 | 2 | 1,820 | $247 | - |
A 1238 E HEATHER Avenue Sold | $500,000 | 3 | 2 | 1,704 | $293 | 0.5 mi |
B 850 N SAINT ELENA Street Sold | $449,000 List Price | 3 | 2 | 1,954 | 1.0 mi | |
C 1067 N PLYMOUTH Court Sold | $492,000 List Price | 3 | 2 | 1,836 | 0.9 mi | |
D 1158 E DOUGLAS Avenue Sold | $459,500 | 3 | 2 | 1,538 | $299 | 0.7 mi |
E 1727 E ASPEN Way Sold | $499,000 | 3 | 3 | 1,795 | $278 | 0.2 mi |
F 2333 E EGRET Court Sold | $570,000 | 4 | 2 | 2,331 | $245 | 1.0 mi |
G 1507 E ASPEN Avenue Active | $480,000 List Price | 4 | 2 | 2,175 | $221 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1995 (30 years old) and is being sold 'as-is' as a short sale, which typically indicates original finishes and potential deferred maintenance. While the exterior appears well-maintained in the provided image, the age of the home and the sale terms suggest that major systems, the kitchen, and bathrooms are likely dated and may require minor updates or repairs to meet modern standards.
The property is located just 0.25 miles from Sonoma Ranch Elementary, a highly-rated school (8/10), offering exceptional convenience for families with young children.
With 4 bedrooms and 1,820 square feet of living space on a generous 7,166 square foot lot, the home provides a functional footprint for growing families.
Situated in the established Sonoma Ranch subdivision of Gilbert, the property sits in a sought-after East Valley neighborhood known for its community appeal and stability.
The transaction is a short sale requiring lien holder and trustee approval, which typically involves a more complex and lengthy closing process than a standard sale.
The property is being sold in as-is condition, indicating that the buyer will likely need to assume responsibility for any necessary repairs, maintenance, or updates.
Short Sale - Price and Terms must be approved by lien holder and trustee. Property is sold as-is.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-8 • 1.3 mi
Grades 8-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,820 | 2,062 | 40% |
| Lot Size | 7,166 | 6,839 | 60% |
| Price | $450.0K | $450.0K | 50% |
| Price per sq ft | $247 | $233 | 54% |
| Built year | 1995 | 1994 | 54% |
| HOA | $304 | $82 | 96% |
| Days on market | 173 | 2540 | 2% |
May 21, 2026
$450,000
$460,000
-2% Price Drop
Initial Listing
Dec 16, 2025
$460,000
Initial Listing