
Gilbert, AZ 85234
This Single-Family Residence is a well-positioned opportunity in a high-demand Gilbert corridor, listed at $414,750—aligning perfectly with its $414,750 Fair Market Value. Currently holding a Fair Condition Rating, the interior features vaulted ceilings and a fireplace, offering a solid foundation for modernization. The lot provides premium privacy with a Greenbelt view and is located steps from Freestone Park, the 8/10 rated Patterson Elementary, and Gilbert High School. This property is an ideal match for Owner-Occupants looking to build equity or first-time buyers seeking a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 613 N GRANITE Street N Subject | $414,750* List Price | 3 | 2 | 1,383 | $300 | - |
A 955 E VAUGHN Avenue Sold | $399,997 List Price | 3 | 2 | 1,397 | 0.7 mi | |
B 1510 E COMMERCE Avenue Sold | $433,000 | 3 | 2 | 1,383 | $313 | 0.2 mi |
C 1132 E HEARNE Way Sold | $425,000 | 3 | 3 | 1,534 | $277 | 0.5 mi |
D 426 N Cobblestone Street Sold | $475,000 | 3 | 3 | 1,603 | $296 | 0.2 mi |
E 1727 E ASPEN Way Sold | $499,000 | 3 | 3 | 1,795 | $278 | 0.4 mi |
F 244 N ROCK Street Sold | $450,000 | 3 | 2 | 1,393 | $323 | 0.5 mi |
G 850 E VAUGHN Avenue Pending | $420,000 List Price | 3 | 2 | 1,397 | $301 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1989 and, at 36 years old, falls into the category of requiring modernization. The single exterior image shows some minor deferred maintenance in the landscaping (loose bricks and unkempt gravel). The listing description and AI analysis confirm that the home likely retains original finishes and mechanical systems that may need updating to meet current market standards, fitting the 'fair' criteria for homes over 20 years old with no major recent renovations.
The property is ideally situated near Freestone Park and the Gilbert Recreation Center, offering residents easy access to premier outdoor recreation and community amenities.
Backing directly to a greenbelt, this home provides enhanced privacy and a more open, scenic atmosphere compared to standard residential lots.
The interior features vaulted ceilings and a fireplace, which create a sense of spaciousness and character within the 1,383-square-foot floor plan.
Built in 1989, the property may require updates to its original finishes and mechanical systems to align with modern buyer preferences.
The recent price reduction indicates the property may have faced challenges with its initial valuation or competition in the current market.
PRICE REDUCED 3 Bedroom with Vaulted ceilings, Backs to greenbelt, ideal location near Freestone Park and Gilbert Recreation Center. Come take a look at this 3 bedroom home with fireplace
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 8-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,383 | 2,050 | 9% |
| Lot Size | 4,003 | 6,913 | 7% |
| Price | $414.8K | $475.0K | 37% |
| Price per sq ft | $300 | $256 | 76% |
| Built year | 1989 | 1994 | 29% |
| HOA | $195 | $80 | 87% |
| Days on market | 371 | 2339 | 24% |
Apr 16, 2025
$414,750
Initial Listing