2845 E MELROSE Street, Gilbert, AZ 85297, Gilbert, 85297 - 4 bed, 3 bath
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Gilbert, AZ 85297
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $650,000—positioned well below the $619,634 Fair Market Value by -4%. Featuring a Good Condition Rating, this residence offers a functional split floor plan, Owned Solar, and an entertainer's kitchen with Granite Countertops. Located near Top-Rated Schools like Higley High (9/10), it provides a perfect balance of energy efficiency and academic excellence. This property is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors prioritizing long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2845 E MELROSE Street Subject | $650,000* List Price | 4 | 3 | 2,350 | $264 | - |
A 2960 E DERRINGER Way Sold | $625,000 | 4 | 3 | 2,758 | $227 | 0.8 mi |
B 2944 E MELROSE Street Sold | $665,000 | 4 | 3 | 2,546 | $261 | 0.1 mi |
C 2944 E MELROSE Street Sold | $665,000 | 4 | 3 | 2,546 | $261 | 0.1 mi |
D 2960 E DERRINGER Way Sold | $625,000 | 4 | 3 | 2,758 | $227 | 0.8 mi |
E 2973 E SANTA FE Lane Active | $640,000 List Price | 4 | 3 | 2,242 | $285 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready with a functional entertainer's kitchen featuring granite countertops and stainless steel finishes. The addition of owned solar and the 'meticulously cared for' description align with the Good criteria for functional, high-quality condition.
Middle School: Sossaman Middle School (9/10). High School: Higley High School (9/10).
The inclusion of owned solar panels provides a significant financial advantage by reducing monthly utility costs, a highly desirable feature in the Arizona climate.
The layout is exceptionally well-designed for families or guests, featuring walk-in closets in every bedroom and a dedicated bonus room for flexible living space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2350, other record living area = 2242.
Built in 2008, the home may soon require capital improvements for original big-ticket items such as the HVAC system or roof as they approach the end of their typical lifespans.
The mandatory association fee adds a fixed recurring expense to the cost of ownership, which may be a consideration for budget-conscious buyers.
WELCOME HOME TO this STUNNING open concept floor plan in coveted STRATLAND ESTATES! METICULOUSLY cared for, this home spares no missed detail. Featuring a split floor plan with 4 bedrooms All with WALK IN CLOSETS, a big bonus room with doors and 2.5 baths an entertainer's kitchen that boasts a big ISLAND, tons of counter space with granite and cabinets GALORE! Owned solar for lower electric bills. Nice Storage shed in back and gates on both sides. Close to tons of growth, shopping, freeways! This home is an absolute MUST see!
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 3.2 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,350 | 2,338.5 | 50% |
| Lot Size | 8,310 | 7,635.5 | 58% |
| Price | $650.0K | $0 | 83% |
| Price per sq ft | $277 | $0 | 79% |
| Built year | 2008 | 2004 | 70% |
| HOA | $330 | $180 | 91% |
| Days on market | 39 | 2613 | 1% |
Apr 30, 2026
$650,000
Initial Listing