2970 E ANDRE Avenue, Gilbert, AZ 85298, Gilbert, 85298 - 4 bed, 2 bath
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Gilbert, AZ 85298
This Modernized Single-Story Residence is a Strong Value Opportunity, listed at $550,000—positioned well below the $586,477 Fair Market Value by 6%. This valuation gap provides $36,477 in Instant Equity, further enhanced by a rare 2.75% VA assumable loan that significantly reduces carrying costs. Boasting a Move-In Ready Condition following a 2025 remodel, the interior features quartz countertops and new tile flooring. Located near 8/10 rated schools like Basha High, it offers a perfect balance of lifestyle and financial upside. This is an elite acquisition for Owner-Occupants or VA-eligible buyers seeking long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2970 E ANDRE Avenue Subject | $499,000* List Price | 4 | 2 | 2,171 | $257 | - |
A 3428 E RAVENSWOOD Drive Sold | $589,000 | 4 | 3 | 2,096 | $281 | 0.6 mi |
B 3428 E RAVENSWOOD Drive Sold | $589,000 | 4 | 3 | 2,096 | $281 | 0.6 mi |
C 2962 E Augusta Avenue Sold | $564,990 | 4 | 2 | 2,128 | $266 | 0.3 mi |
D 2981 E COUNTRY SHADOWS Street Active | $524,000 List Price | 4 | 2 | 2,171 | $241 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from a significant 2025 refresh, including modern large-format tile flooring, quartz countertops, and fresh interior paint. While the surfaces are updated, the home retains some original 2004 elements such as the kitchen cabinetry and builder-grade bathroom fixtures. Additionally, the backyard is an unfinished 'blank slate,' which prevents an 'excellent' rating despite the recent interior improvements.
The property features a 2.75% VA assumable loan, offering a rare and significant financial advantage that can drastically lower monthly mortgage payments compared to current market rates.
Recently updated in 2025, the home is move-in ready with modern aesthetics including new elegant tile flooring, fresh paint, and a high-end kitchen with quartz countertops and stainless steel appliances.
The 2,171 sqft open floor plan includes a desirable split-bedroom configuration, providing a private master retreat while maintaining spacious common areas perfect for large-scale entertaining.
The backyard is currently a 'blank slate,' which will require the buyer to invest additional time and capital to complete landscaping, fencing, or pool installation.
The property carries a $275 association fee, which adds to the monthly carrying costs and may be a consideration for budget-conscious buyers compared to non-HOA areas.
Stop the car! 2.75% VA assumable loan for this stunning Gilbert home recently remodeled in 2025! New elegant tile floors throughout. All new paint! Updated kitchen, farm house sink new quartz counter tops. Beautiful, open floor plan, living room/formal dinning at the front. The dining & family room are perfect for entertaining large gatherings. The updated kitchen has plenty of cabinet space, a walk in pantry, newer SS appliances, & breakfast bar. Split bedrooms, w/ 3 guest rooms & full bath down the front hall. The master suite located at the back for privacy, w/ newer carpet & new tile flooring in private master bath w/ huge walk in closet. Out back is a nice covered patio, & a massive blank slate to start your dream backyard. Plenty of space for a pool, plush grass, play area, etc.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades 7-8 • 0.9 mi
Grades 6-12 • 1.9 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 | 40% |
| Square foot | 2,171 | 2,341.5 | 40% |
| Lot Size | 8,450 | 8,347.5 | 56% |
| Price | $499.0K | $516.5K | 46% |
| Price per sq ft | $230 | $259 | 44% |
| Built year | 2004 | 2006 | 36% |
| HOA | $275 | $258 | 52% |
| Days on market | 34 | 2499 | 1% |
Apr 16, 2026
$499,000
$550,000
-9% Price Drop
Initial Listing
Mar 20, 2026
$550,000
Initial Listing