
Gilbert, AZ 85296
This Strong Value Opportunity is listed at $525,000, positioned slightly above the $508,556 Fair Market Value. While not a discount acquisition, the property offers a stable entry into the desirable Neely Farms community. Featuring a Private Backyard Pool and a Condition Rating of 4, the home provides a solid foundation for cosmetic modernization. With proximity to Settlers Point Elementary (rated 6), this residence is an ideal choice for Owner-Occupants seeking a lifestyle-focused home or Buy-and-Hold Investors targeting long-term appreciation in a high-demand Gilbert neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 E Stottler Drive Subject | $499,900* List Price | 3 | 2 | 1,655 | $299 | - |
A 685 E CANTEBRIA Drive Sold | $409,000 | 3 | 2 | 1,350 | $303 | 0.1 mi |
B 741 E CANTEBRIA Drive Sold | $367,000 | 3 | 2 | 1,350 | $272 | 0.2 mi |
C 311 E LAREDO Avenue Sold | $455,000 | 3 | 2 | 1,576 | $289 | 0.8 mi |
D 910 S NIELSON Street Sold | $481,100 | 3 | 2 | 1,683 | $286 | 0.7 mi |
E 1224 S CORRINE Drive Sold | $495,000 | 3 | 2 | 1,825 | $271 | 0.4 mi |
F 838 E CATHY Drive Sold | $464,500 | 3 | 2 | 1,370 | $339 | 0.3 mi |
G 260 S YALE Court Sold | $520,000 | 3 | 2 | 1,820 | $286 | 1.0 mi |
H 1019 E WINDSOR Drive Sold | $500,000 | 4 | 2 | 1,868 | $268 | 0.6 mi |
I 741 E RANCH Road Active | $495,000 List Price | 3 | 2 | 1,655 | $299 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is over 20 years old and retains many dated features including original oak cabinetry and older carpeting. While the primary bathroom shows a high-quality modern shower renovation, the overall home requires further cosmetic updates to kitchens and flooring to move out of the 'dated' category.
The property features a private swimming pool, a highly desirable amenity in the Arizona climate that significantly boosts outdoor entertainment and resale value.
Situated in the sought-after Neely Farms community, the home offers excellent proximity to top-rated schools, including an elementary school less than half a mile away.
The residence boasts professionally maintained desert landscaping and mature palm trees, providing attractive curb appeal without the burden of high-water usage.
Built in 1998, the home may require cosmetic updates or system modernizations to compete with newer inventory or fully renovated properties in the Gilbert market.
At 1,655 square feet, the floor plan is relatively modest for the $525,000 price point, which may limit its appeal for buyers seeking more expansive interior volume.
Updates: All windows and two sliders replaced 11/23, Water Heater 1/26, A/C 2/25, Heater 1/26, Showers/tub/toilets 9/23, and kitchen sink 7/26. This single-story, three-bedroom, two-bathroom home is located in a desirable community close to downtown & San Tan Mall. The inviting curb appeal and low-maintenance landscaping create a welcoming first impression. Inside, you'll find a functional floor plan with spacious living areas, a bright and inviting kitchen (with roll-out shelves) and a pantry. The private primary suite features a spacious, low-curb, low-maintenance shower with bench, and hand rails. The additional bedrooms offer flexibility for family, guests, home office, or hobbies. Step outside to enjoy your own private sparkling pool--perfect for relaxing or entertaining year-round.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-8 • 1.4 mi
Grades 8-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,655 | 2,210.986 |
| Lot Size | 6,299 | 7,346.256 |
| Price | $499.9K | $598.8K |
| Price per sq ft | $302 | $280 |
| Built year | 1998 | 2003 |
| HOA | $115 | $224 |
| Days on market | 68 | 71 |
Aug 31, 2026
$499,900
$509,999
-2% Price Drop
Initial Listing
Aug 3, 2026
$509,999
$518,500
-2% Price Drop
Initial Listing
Jul 25, 2026
$518,500
$519,000
+0% Price Increase
Initial Listing
Jul 13, 2026
$519,000
$525,000
-1% Price Drop
Initial Listing
Jul 3, 2026
$525,000
Initial Listing
Dec 1, 1998
$150,459
Public Record