854 E TEKOA Avenue, Gilbert, AZ 85298, Gilbert, 85298 - 4 bed, 2 bath
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Gilbert, AZ 85298
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $545,000—positioned slightly above the $536,013 Fair Market Value. While priced at market, the home maintains a Good Condition Rating and offers immediate lifestyle value through recent updates, including fresh paint, a new water heater, and a new dishwasher. Located in the amenity-rich Layton Lakes community, the property features a granite kitchen and a newly extended paver patio. This move-in ready home is an ideal acquisition for first-time buyers or owner-occupants seeking a low-maintenance, modern sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 854 E TEKOA Avenue Subject | $535,000* List Price | 4 | 2 | 1,793 | $292 | - |
A 5519 S SANDSTONE Street Sold | $510,000 List Price | 3 | 3 | 1,976 | 0.8 mi | |
B 4945 S TWINLEAF Drive Active | $569,000 List Price | 4 | 2 | 1,793 | $317 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014 (12 years old), this property falls within the 10-20 year range for 'Good' condition. It is well-maintained and move-in ready with recent functional and cosmetic updates, including fresh interior/exterior paint, a new water heater, and a new dishwasher. The kitchen and bathrooms feature original 2014 finishes like granite countertops and tile flooring which remain in functional, modern condition.
Located in the highly sought-after Layton Lakes community, residents benefit from an extensive array of amenities including a splash pad, tennis courts, and baseball fields, significantly boosting lifestyle appeal.
The property is move-in ready with recent capital improvements including new interior and exterior paint, a new water heater, and a new dishwasher, offering peace of mind for the buyer.
The backyard features a newly extended paver patio and low-maintenance artificial turf, providing a functional and attractive outdoor space ideal for the Arizona climate.
With four bedrooms distributed across 1,793 square feet, the individual room sizes and common areas may feel somewhat constrained for larger families or those requiring spacious interiors.
The $347 association fee adds a notable recurring carrying cost to the property, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
This beautifully updated single level home offers 4 bedrooms and 2 bathrooms and is located in the desirable Layton Lakes community. Built in 2014, the neighborhood features an impressive array of amenities including walking paths, ramadas, BBQ areas, greenbelts, playgrounds, tennis courts, baseball fields, a splash pad, and a pavilion. Inside, you'll find a thoughtfully designed open floor plan with tile and laminate flooring throughout. The spacious kitchen is perfect for gathering and entertaining, featuring granite countertops, a breakfast bar, and ample workspace. The split-bedroom layout provides added privacy, while the primary suite offers french doors, a large soaking tub, and a private toilet room. This home has been freshly updated with new interior and exterior paint. new ceiling fans, a new dishwasher, and a new water heater. Step outside to enjoy the newly extended paver patio and low-maintenance artificial turf, ideal for relaxing or entertaining year-round. Combining modern updates, functional design, and desirable community amenities, this home is move-in ready and a must-see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,793 | 2,360 | 21% |
| Lot Size | 6,325 | 8,683 | 17% |
| Price | $535.0K | $507.5K | 53% |
| Price per sq ft | $298 | $252 | 72% |
| Built year | 2014 | 2007 | 68% |
| HOA | $347 | $215 | 63% |
| Days on market | 35 | 2607 | 1% |
Jun 4, 2026
$535,000
$545,000
-2% Price Drop
Initial Listing
May 4, 2026
$545,000
Initial Listing