48 E ELGIN Street, Gilbert, AZ 85295, Gilbert, 85295 - 3 bed, 2 bath
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48 E ELGIN Street
Gilbert, AZ 85295
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
2,210Sq Ft
10,005Lot Size
Property Price
LIST PRICE$709,000
EST. MARKET VALUE
$704,180
SUMMARY
This Turnkey Single-Family Residence is listed at $709,900, aligning closely with its $696,459 Fair Market Value. Featuring a Mint Condition Rating, this home offers a modern, open floor plan with a Quartz Kitchen, Fresh Paint, and a Private Pool on a generous 10,005 sqft lot. With an oversized 3-Car Garage and proximity to Top-Rated Schools like South Valley Jr. High, the property provides a premium lifestyle experience. This is an ideal acquisition for Owner-Occupants or growing families seeking a polished, move-in ready sanctuary in Gilbert.
Estimated Market Value
$704,180
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 |
|---|---|---|---|---|---|---|
★ 48 E ELGIN Street Subject | $709,000* List Price | 3 | 2 | 2,210 | $319 | - |
A 2552 S JACOB Street Sold | $775,000 | 4 | 3 | 2,736 | $283 | 0.6 mi |
B 3141 S SIERRA Street Sold | $690,000 | 4 | 3 | 2,577 | $268 | 0.6 mi |
C 244 E JOSEPH Way Sold | $870,000 | 5 | 3 | 3,040 | $286 | 0.3 mi |
D 138 E MARY Lane Active | $750,000 List Price | 4 | 2 | 2,631 | $285 | 0.3 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 2002, the property has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the modern kitchen with quartz countertops and stainless steel appliances, fresh interior paint, and new wood-look flooring throughout. The bathrooms have been updated with new vanities and fixtures, and the overall condition is mint and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10005, living area = 2210.
- Modernized Interior & Layout
The home features a desirable single-story open floor plan with contemporary updates, including fresh interior paint, quartz countertops, and white cabinetry, ensuring a move-in-ready experience.
- Premium Outdoor Living
Situated on a generous 10,005 sqft lot, the property includes a private backyard oasis with a sparkling pool, offering significant value for relaxation and entertainment in the Arizona climate.
CONSRISKS & DEFICIENCIES
- Potential Aging Infrastructure
Built in 2002, the property may soon require updates to major systems such as the roof or HVAC units, which are approaching the end of their typical 20-25 year lifecycle.
- Bedroom Count vs. Price Point
At a list price of $709,900, a 3-bedroom configuration may face stiff competition from buyers seeking 4-bedroom homes often available at similar price levels in the Gilbert market.
About 48 E ELGIN Street
Enjoy single-story living in this beautifully updated 3-bedroom, 2-bath home featuring an oversized 3-car attached garage and a sparkling pool. Fresh interior paint and an open floor plan create a bright, welcoming feel throughout. The kitchen shines with white cabinets, quartz countertops, and stainless steel appliances. The primary suite is thoughtfully separated from the secondary bedrooms for added privacy, offering an en-suite bath with dual vanities, a separate soaking tub and shower, plus a large walk-in closet. Step outside to your private backyard oasis, perfect for relaxing or entertaining poolside. This move-in ready home combines comfort, style, and functional space for effortless everyday living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 10,005 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $117 / Month
Neighborhood Insights
Gilbert Unified Schools
Quartz Hill Elementary School
Grades K-6 • 1.9 mi
7/10
South Valley Jr. High School
Grades 7-8 • 1.3 mi
7/10
Campo Verde High School
Grades 8-12 • 2.0 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,210 | 2,210.986 |
| Lot Size | 10,005 | 7,346.256 |
| Price | $709.0K | $598.8K |
| Price per sq ft | $321 | $280 |
| Built year | 2002 | 2003 |
| HOA | $117 | $224 |
| Days on market | 19 | 71 |
Pricing History
Listed for Sale
Sep 3, 2026
$709,000
$709,900
+0% Price Increase
Initial Listing
Price Change
Aug 21, 2026
$709,900
Initial Listing