620 E APPALOOSA Road, Gilbert, AZ 85296, Gilbert, 85296 - 5 bed, 3 bath
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Gilbert, AZ 85296
This Stunningly Renovated Residence is a Prime Investment Opportunity, listed at $599,990—positioned well below the $616,365 Fair Market Value by 2%. This valuation gap secures $16,375 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the home features a Quartz Kitchen, New LVP Flooring, and a versatile 5-Bedroom Layout. With No HOA and an RV Gate, this property offers rare utility and financial freedom near Mesquite Elementary. It is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 E APPALOOSA Road Subject | $589,900* List Price | 5 | 3 | 2,220 | $275 | - |
A 756 E PALOMINO Drive Sold | $653,000 | 5 | 3 | 2,220 | $294 | 0.2 mi |
B 278 E SAGEBRUSH Street Sold | $595,000 | 4 | 2 | 2,262 | $263 | 0.4 mi |
C 462 E PINTO Drive Sold | $599,000 | 4 | 2 | 2,310 | $259 | 0.2 mi |
D 225 E SHEFFIELD Court Sold | $570,000 | 3 | 2 | 1,849 | $308 | 0.9 mi |
E 891 E SHERRI Drive Sold | $492,500 | 3 | 3 | 2,041 | $241 | 0.7 mi |
F 418 S BURK Street Active | $725,000 List Price | 5 | 3 | 2,726 | $266 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <2 years) including new LVP flooring, fresh interior and exterior paint, and an updated kitchen with quartz countertops and stainless steel appliances. All three bathrooms feature newer tile and vanities, making the home move-in ready with no immediate maintenance required, consistent with the <5-year renovation criteria.
The home features a comprehensive update including a quartz kitchen, new LVP flooring, and refreshed bathrooms, offering a turnkey, move-in-ready experience.
The absence of a Homeowners Association provides financial savings and lifestyle freedom, complemented by an RV gate and storage shed for added utility.
With five bedrooms and a versatile downstairs area suitable for an office or playroom, the 2,220 sqft floor plan accommodates large families and multi-functional needs.
While the elementary school is well-rated, the middle and high schools have lower scores (4/10 and 5/10), which may be a concern for education-focused buyers.
Built in 1988, the property may have original major systems or structural components that are nearing the end of their typical lifespan despite the cosmetic updates.
Stunningly renovated 5-bedroom 3-bath corner home is a prime Gilbert location with no HOA! This light and bright home features a update kitchen with quartz countertops, with stainless steel appliances. All 3 bathrooms updated with newer tile and vanities. New LVP flooring flows throughout the home. Downstairs features a living room that could be a perfect den, a kids play area, a movie room, office, etc. The possibilities are endless! The low-maintenance backyard makes this a perfect lock-and-leave home! Freshly painted interior and exterior. Two-car garage, RV gate and storage shed!
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 6-8 • 1.1 mi
Grades 8-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,220 | 2,089 | 54% |
| Lot Size | 6,957 | 6,904 | 50% |
| Price | $589.9K | $390.0K | 78% |
| Price per sq ft | $266 | $202 | 71% |
| Built year | 1988 | 1999 | 3% |
| HOA | $0 | $138 | 7% |
| Days on market | 56 | 3072 | 1% |
May 21, 2026
$589,900
$589,999
+0% Price Increase
Initial Listing
May 17, 2026
$589,999
$599,990
-2% Price Drop
Initial Listing
Apr 13, 2026
$599,990
Initial Listing