3932 E MORELOS Street, Gilbert, AZ 85295, Gilbert, 85295 - 3 bed, 3 bath
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3932 E MORELOS Street
Gilbert, AZ 85295
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,767Sq Ft
4,361Lot Size
Property Price
LIST PRICE$449,999
EST. MARKET VALUE
$461,182
SUMMARY
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $465,000—positioned well below the $466,863 Fair Market Value by 0.4%. Featuring a Mint Condition Rating, the home includes a brand-new 2025 Trane AC, quartz countertops, and low-maintenance artificial turf. Located within walking distance to highly-rated schools like Williams Field High, this property offers a seamless lifestyle for families. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing long-term stability and modern efficiency.
Estimated Market Value
$461,182
Based on Realkey algorithm analyzing recent comparable sales in Gilbert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3932 E MORELOS Street Subject | $449,999* List Price | 3 | 3 | 1,767 | $261 | - |
A 4132 E JONES Street Sold | $497,500 | 4 | 3 | 2,067 | $241 | 0.6 mi |
B 3740 E SEXTON Street Sold | $564,900 | 3 | 3 | 2,290 | $247 | 0.3 mi |
C 2511 S ENTWISTLE Street Sold | $475,000 | 3 | 3 | 2,037 | $233 | 0.7 mi |
D 2560 S BETTY Street Sold | $542,500 | 4 | 3 | 2,067 | $262 | 0.7 mi |
E 2548 S BETTY Street Sold | $526,000 | 4 | 3 | 2,067 | $254 | 0.7 mi |
F 4429 E Skousen Street Sold | $520,000 | 3 | 2 | 1,848 | $281 | 0.9 mi |
G 3859 E FAIRVIEW Street Active | $450,000 List Price | 3 | 3 | 1,767 | $255 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2005, the property has undergone a comprehensive recent renovation (under 5 years) including quartz countertops, modern wood-look tile flooring, and updated bathrooms with contemporary black hardware. A major system upgrade was completed with a brand-new Trane AC unit installed in 2025, placing it in mint, move-in ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Upgrades & Efficiency
The property features a brand-new Trane AC unit (installed 7/2025), quartz countertops, and an alkaline reverse osmosis system, offering significant immediate value and peace of mind regarding major mechanicals.
- Prime Location & Accessibility
Ideally situated near Santan Village Mall, major retailers like Costco, and freeway access, the home is also within walking distance to highly-rated schools, making it a highly convenient location for families and commuters.
- Low Maintenance & Carrying Costs
The home boasts artificial turf in both the front and back yards for easy upkeep and features an exceptionally low HOA fee of only $66 per month, minimizing monthly ownership expenses.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At 4,361 square feet, the lot is relatively small, which may be a drawback for buyers seeking a large private yard or significant space for outdoor expansion.
- Two-Story Configuration
The layout places all bedrooms on the upper floor, which may not appeal to buyers prioritizing single-level living or long-term accessibility.
About 3932 E MORELOS Street
MOVE-IN READY! This charming 3 Bed and 2.5 baths home has been recently nicely updated with QUARTZ countertops in kitchen and bathrooms, ALKALINE REVERSE OSMOSIS SYSTEM, all downstairs with plank wood look ceramic TILE FLOORING, newer SS appliances, REFRIGERATOR is included! Upstairs bedrooms have newer carpet. Primary bedroom offers a private retreat with dual sinks and a big walking closet. BRAND-NEW TRANE AC UNIT INSTALLED 7/2025, SMART THERMOSTAT, low maintenance backyard with ARTIFICIAL TURF GRASS in backyard and front yard. Ceiling fans in every room. Good size backyard for entertaining. Only few minutes to the FWY, Santan Mall, Costco, Sam's Club, restaurants and other convenient stores. Walking distance to the highly- rated Higley High School. HOA FEES ONLY $66.15 per month.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 4,361 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $66 / Month
Neighborhood Insights
Gilbert Unified Schools
Chaparral Elementary School
Grades K-8 • 0.8 mi
7/10
Cooley Middle School
Grades 7-8 • 2.5 mi
7/10
Williams Field High School
Grades 9-12 • 1.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,767 | 2,210.986 |
| Lot Size | 4,361 | 7,346.256 |
| Price | $450.0K | $598.8K |
| Price per sq ft | $255 | $280 |
| Built year | 2005 | 2003 |
| HOA | $66 | $224 |
| Days on market | 28 | 71 |
Pricing History
Listed for Sale
Aug 24, 2026
$449,999
$465,000
-3% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$465,000
Initial Listing