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Sold for $356,000
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  • $356,000

    1281 E FRANCES Lane, Gilbert, AZ 85295

    2beds
    1,615sqft
    Single Family Residence
    Built in 2004
    5,750 Square Feet Lot
    $368,900 Zestimate®
    $220/sqft
    $1,917 Estimated rent

    Home value

    $368,900

    $339,000 - $402,000

    $1,917/mo

    Zestimate® history
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    $2,271/mo

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    What's special

    Location, Livability & Investment Potential! Nestled in the heart of Gilbert, this charming 2 bedroom, 2 bathroom home is an incredible opportunity for first-time buyers or savvy investors. With its prime location just minutes from SanTan Village, Loop 202, shopping, dining, and top-rated schools, this home offers unbeatable convenience and lifestyle perks. Step inside to find a bright, open layout with stylish wood floors, vaulted ceilings, and a cozy double-sided fireplace that warms both the living and dining spaces. The spacious kitchen is complete with stainless steel appliances, granite counters, and rich cabinetry—perfect for cooking or entertaining. Upstairs, enjoy an abundance of natural light and direct access to a private balcony ideal for morning coffee or evening relaxation. The generously sized backyard is a blank canvas with endless potential plenty of space to build your dream outdoor retreat. Whether you're looking to settle into your first home or expand your rental portfolio, this home checks all the boxes: location, layout, and long-term value. Don't miss your chance to own in one of Gilbert's most desirable neighborhoods! This one won't last!

    Zillow last checked: 7 hours ago

    Listing updated: February 28, 2026 at 01:10am

    Listed by:

    Kara M Beecroft 602-377-4141,

    The Ave Collective

    Bought with:

    Jill Dench, SA668670000

    LPT Realty, LLC

    Source: ARMLS,MLS#: 6930362MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Gas Oven
    Features
    • Double Vanity, Upstairs, Eat-in Kitchen, Full Bth Master Bdrm, Separate Shwr & Tub
    • Has basement: No
    Interior area
    • Total structure area: 1,615
    • Total interior livable area: 1,615 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 5,750 sqft
    • Features: Desert Front, Dirt Back
    Details
    • Parcel number: 30446124

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Block
    • Roof: Tile
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Playground, Biking/Walking Path
    Location
    • Region: Gilbert
    • Subdivision: SPECTRUM AT VAL VISTA

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $287 quarterly
    • Services included: No Fees
    • Association name: Villa Lante
    • Association phone: 480-726-8080

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/27/2026Sold$356,000-2.7%$220/sqft
    Source: ARMLS #6930362 Report a problem
    2/26/2026Pending sale$365,900$227/sqft
    Source: ARMLS #6930362 Report a problem
    2/24/2026Listed for sale$365,900$227/sqft
    Source: ARMLS #6930362 Report a problem
    2/16/2026Pending sale$365,900$227/sqft
    Source: ARMLS #6930362 Report a problem
    2/16/2026Listed for sale$365,900$227/sqft
    Source: ARMLS #6930362 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,377 +4%$35,560 -7.2%
    2024$1,324 -0.9%$38,300 +129%
    2023$1,336 +0.2%$16,724 -29.5%

    Find assessor info on the county website

    Neighborhood: Spectrum

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Spectrum Elementary
    • Middle: South Valley Jr. High
    • High: Gilbert High School
    • District: Gilbert Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $368,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $368,900