
Gilbert, AZ 85233
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $479,000—positioned above the $462,973 Fair Market Value. While the property requires cosmetic updates to modernize its Fair Condition Rating, the 7,810 sqft lot and proximity to the Downtown Gilbert Entertainment District provide significant long-term value. The home features a functional layout with a Granite Kitchen and a private Patio, making it a prime candidate for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 432 W SILVER CREEK Court Subject | $479,000* List Price | 3 | 2 | 1,520 | $305 | - |
A 568 W RAWHIDE Avenue Sold | $554,900 List Price | 3 | 2 | 1,616 | 0.4 mi | |
B 590 S NEELY Street Sold | $539,000 | 4 | 2 | 2,123 | $254 | 0.6 mi |
C 501 W SERENO Drive Sold | $469,000 | 3 | 2 | 1,424 | $329 | 0.6 mi |
D 380 W SMOKE TREE Road Sold | $581,000 List Price | 4 | 2 | 1,642 | 0.4 mi | |
E 568 S GOLDEN KEY Street Sold | $480,000 List Price | 4 | 3 | 2,018 | 0.5 mi | |
F 638 W Sierra Madre Avenue Sold | $540,000 | 3 | 2 | 2,058 | $262 | 0.3 mi |
G 96 S MONTEREY Street Pending | $475,000 List Price | 3 | 2 | 1,520 | $313 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995 (29 years old), the property is well-maintained but reflects its age. The kitchen features granite countertops and stainless steel appliances from a previous renovation, but the cabinetry and tile flooring with decorative inserts are dated (15-20+ years old). While functional and move-in ready, the home requires cosmetic updates to meet modern standards, placing it firmly in the 'Fair' category based on the >20-year age criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7810, living area = 1520.
The property is situated just minutes from the vibrant Downtown Gilbert Entertainment District, providing residents with exceptional access to award-winning dining, boutique shopping, and cultural attractions.
This beautifully maintained home features a modern kitchen with stainless steel appliances and a thoughtfully designed floor plan that maximizes natural light and functional living space.
The assigned elementary, middle, and high schools all carry a rating of 4, which may be a drawback for buyers prioritizing top-tier public education performance.
Built in 1995, the home is approaching 30 years of age, which may necessitate upcoming investments in major systems or modern cosmetic updates to maintain its competitive value.
Location! This beautifully maintained 3-bedroom, 2-bath home is situated in one of Gilbert's most desirable areas. Just minutes from the vibrant Downtown Gilbert Entertainment District, you'll enjoy easy access to award-winning restaurants, boutique shopping and more. The thoughtfully designed floor plan features spacious living areas, abundant natural light, and a seamless flow that's perfect for both everyday living and entertaining. The well-appointed kitchen offers stainless steel appliances and opens to the main living space. The private primary suite provides a relaxing retreat with an en-suite bath and generous closet space. Step outside to a low-maintenance backyard ideal for enjoying Arizona's beautiful weather year-round. Whether you're looking for a primary residence, seasonal home, or investment opportunity, this property combines convenience, comfort, and an unbeatable location.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 6-8 • 0.3 mi
Grades 8-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,520 | - |
| Lot Size | 7,810 | - |
| Price | $479.0K | $554.5K |
| Price per sq ft | $315 | $287 |
| Built year | 1995 | 0 |
| HOA | $80 | $0 |
| Days on market | 34 | 2717 |
Jun 18, 2026
$479,000
Initial Listing