620 W WAGNER Court, Gilbert, AZ 85233, Gilbert, 85233 - 3 bed, 2 bath
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Gilbert, AZ 85233
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned above the $404,882 Fair Market Value. While the home requires significant renovation due to its Poor Condition Rating, the No HOA status and Split Floor Plan provide a solid foundation for value-add projects. Located in a central Gilbert area with proximity to local schools, this asset offers a strategic entry point for Fix-and-Flip Investors or Contractors seeking to modernize a dated 1988 build and capture long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 W WAGNER Court Subject | $425,000* List Price | 3 | 2 | 1,404 | $288 | - |
A 159 W Gail Drive Sold | $470,000 | 3 | 2 | 1,640 | $287 | 0.8 mi |
B 1020 W SUNWARD Drive Sold | $490,000 | 2 | 2 | 1,262 | $388 | 0.6 mi |
C 942 W BARBADOS Drive Sold | $449,000 | 2 | 2 | 1,262 | $356 | 0.6 mi |
D 733 W GOLDEN Street Sold | $459,500 List Price | 3 | 2 | 1,548 | 0.4 mi | |
E 1005 W CANTEBRIA Drive Active | $421,000 List Price | 3 | 2 | 1,289 | $327 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988, the property is 36 years old, which falls into the 'Poor' category (>30y) under the provided criteria. While the interior shows some updated laminate flooring, the 'endless potential' description and lack of mentioned upgrades to the kitchen, bathrooms, or major systems (HVAC/Electric) indicate the home is largely in original condition and requires significant rehab to meet modern standards.
The absence of a Homeowners Association offers residents greater financial flexibility and freedom from restrictive CC&Rs, a rare and highly sought-after feature in the Gilbert market.
The thoughtfully designed layout features a private primary suite separated from secondary bedrooms, providing an ideal balance of privacy and functional living space for families.
Situated in the heart of Gilbert with easy access to major freeways, dining, and shopping, this property offers exceptional convenience for commuters and high rental potential for investors.
The assigned high school, Mesquite High, currently holds a lower rating of 4, which may be a consideration for families prioritizing top-tier secondary education performance.
Built in 1988, the home may require modern cosmetic updates or system upgrades to meet the expectations of buyers looking for contemporary finishes and energy efficiency.
Welcome to this 3-bedroom, 2-bathroom home located in the heart of Gilbert with no HOA! Whether you're a first-time homebuyer, downsizing, or looking for a fantastic investment property, this home offers exceptional value and endless potential. Step inside to discover a spacious, open floor plan featuring a generously sized kitchen that overlooks the family room, creating the perfect space for entertaining or spending time with family and friends. The thoughtfully designed split floor plan provides added privacy, with the primary suite tucked away on the opposite side of the home from the two secondary bedrooms. Conveniently located near shopping, dining, schools, parks, and freeway access, this home combines comfort, convenience, and affordability in Gilbert
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades 7-8 • 2.1 mi
Grades 8-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,404 | - |
| Lot Size | 6,673 | - |
| Price | $425.0K | $554.5K |
| Price per sq ft | $303 | $287 |
| Built year | 1988 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 2717 |
Jul 15, 2026
$425,000
Initial Listing