3368 E LAFAYETTE Avenue, Gilbert, AZ 85298, Gilbert, 85298 - 4 bed, 3 bath
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Gilbert, AZ 85298
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $550,000—positioned well below the $559,642 Fair Market Value by 1.7%. This valuation gap offers $9,642 in Instant Equity. Featuring a versatile floor plan with a main-level bedroom, a private pool, and mountain views, the home maintains a Fair Condition Rating. Located near top-rated schools like Riggs Elementary and Basha High, it balances lifestyle appeal with long-term stability. This is an ideal acquisition for Owner-Occupants seeking a family-friendly community or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3368 E LAFAYETTE Avenue Subject | $550,000* List Price | 4 | 3 | 2,142 | $261 | - |
A 3428 E RAVENSWOOD Drive Sold | $589,000 | 4 | 3 | 2,096 | $281 | 0.1 mi |
B 3428 E RAVENSWOOD Drive Sold | $589,000 | 4 | 3 | 2,096 | $281 | 0.1 mi |
C 3700 E VALLEJO Drive Sold | $600,000 | 4 | 3 | 2,410 | $249 | 0.4 mi |
D 2970 E ANDRE Avenue Sold | $470,000 | 4 | 2 | 2,171 | $216 | 0.5 mi |
E 3478 E FLOWER Street Sold | $525,000 List Price | 4 | 3 | 2,356 | 0.9 mi | |
F 3147 E VALLEJO Drive Active | $524,500 List Price | 3 | 2 | 2,171 | $242 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old and retains most of its original finishes. While the home is well-maintained with new interior paint and a newer hot water tank, the kitchen and bathrooms are dated, featuring original cabinetry and tile countertops that align with the >20-year 'Fair' criteria for needing cosmetic updates.
The floor plan features a rare main-level bedroom and full bathroom, providing ideal flexibility for guests, a home office, or multigenerational living arrangements.
The backyard is optimized for the Arizona lifestyle with a private sparkling pool, an extended covered patio spanning the home's length, and scenic mountain views.
The property is situated in a prime location served by highly-rated schools, including Riggs Elementary and Basha High School, all boasting impressive 8/10 ratings.
The association fee of $618 represents a significant recurring monthly or periodic expense that may impact buyer affordability and debt-to-income ratios.
The presence of carpet in the primary living areas and bedrooms may be viewed as a drawback for modern buyers who increasingly prefer hard-surface flooring throughout for maintenance and aesthetics.
Welcome to Seville! This 4-bedroom, 3-bath home offers a versatile floor plan with a bedroom and full bath on the main level, ideal for guests, multigenerational living, or a home office. Enjoy a formal living area plus an open-concept kitchen and great room perfect for entertaining. The backyard features a sparkling pool and an extended covered patio spanning the length of the home for year-round Arizona living. Turf in front & Back yard for easy maintenance.Additional features include tile flooring in the kitchen and baths, carpet in living areas and bedrooms, and a 2-car garage with a 220-volt outlet that may accommodate an EV charger. New interior paint, SMART thermostat, newer Hot water tank and dishwasher. Conveniently located near parks, golf, shopping, dining, and top-rated school
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 1.5 mi
Grades 7-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,142 | - |
| Lot Size | 6,050 | - |
| Price | $550.0K | $554.5K |
| Price per sq ft | $257 | $287 |
| Built year | 2005 | 0 |
| HOA | $618 | $0 |
| Days on market | 21 | 2717 |
Jul 2, 2026
$550,000
Initial Listing