811 E LINDA Lane, Gilbert, AZ 85234, Gilbert, 85234 - 3 bed, 2 bath
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Gilbert, AZ 85234
This Charming Gilbert Townhouse is a Prime Investment Opportunity, listed at $389,000—positioned well below the $407,231 Fair Market Value by 4%. This valuation gap offers $18,231 in Instant Equity for the incoming owner. Currently in Fair Condition, the home is move-in ready with new laminate flooring and a private patio, while offering clear upside through cosmetic kitchen updates. Located minutes from Downtown Gilbert and the top-rated Sonoma Ranch Elementary, it is a perfect match for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 811 E LINDA Lane Subject | $375,000* List Price | 3 | 2 | 1,409 | $286 | - |
A 908 E VAUGHN Avenue Sold | $410,000 | 3 | 2 | 1,355 | $303 | 0.3 mi |
B 850 E VAUGHN Avenue Sold | $464,900 List Price | 3 | 2 | 1,397 | 0.3 mi | |
C 71 N CONCORD Street Sold | $395,000 List Price | 2 | 2 | 1,171 | 0.2 mi | |
D 338 N HERITAGE Drive Active Under Contract | $410,000 List Price | 3 | 2 | 1,360 | $301 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the property is well-maintained and move-in ready but shows significant signs of age in key areas. While it features some modern updates like newer laminate flooring and fresh interior paint, the kitchen and bathrooms retain original oak cabinetry, laminate countertops, and dated tile work. The appliances and fixtures are functional but not modern, placing it firmly in the 'Fair' category as an aged home with only partial cosmetic updates.
Situated just minutes from the vibrant downtown Gilbert area, this property offers immediate access to premier shopping, dining, and entertainment hubs.
The home is zoned for highly-rated schools, including Sonoma Ranch Elementary (8/10) and Greenfield Junior High (7/10), making it an ideal choice for families.
With a list price under $400k and a low monthly association fee of $124, this 3-bedroom townhouse represents an affordable entry point into a high-demand market.
Built in 1985, the residence may require capital improvements or modern cosmetic updates to compete with newer inventory in the area.
While the primary schools are top-tier, the assigned high school carries a lower rating (5/10), which may be a consideration for families with older children.
Welcome to 811 E. Linda Lane. Located just minutes from downtown Gilbert, this charming new listing puts you right where the action is- shopping, dining and entertainment all at your fingertips. A perfect blend of location and lifestyle, this home is ideal for anyone looking to enjoy everything Gilbert has to offer. The home has 3bed 2 bath, vaulted ceilings. A fireplace in family room. Inside laundry. Newer vinyl flooring. New paint. Come see what this home has to offer!
No exterior & parking available.
Grades PK-6 • 1.5 mi
Grades 7-8 • 2.0 mi
Grades 8-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,409 | 1,265.5 | 88% |
| Lot Size | 3,755 | 3,776.5 | 50% |
| Price | $375.0K | $152.5K | 63% |
| Price per sq ft | $266 | $133 | 50% |
| Built year | 1985 | 1987 | 13% |
| HOA | $124 | $116 | 50% |
| Days on market | 14 | 1426 | 13% |
Apr 19, 2026
$375,000
$389,000
-4% Price Drop
Initial Listing
Apr 8, 2026
$389,000
Initial Listing