For sale

$599,000

2543 E Penedes Drive, Gilbert, AZ 85298

4beds

2,351sqft

$3,677/mo

Get pre-qualified

Single Family Residence

Built in 2012

7,200 Square Feet Lot

$-- Zestimate^®

$255/sqft

$108/mo HOA

What's special

Granite countertopsUpgraded stainless steel appliances

Former Fulton Homes Model Home is full of upgrades! Location, Location, Location! Across street from lake and greenbelt! Large community park and lake across street to the north and another second park with playground 1 block to the south! Both A/C units were replaced within the last 2 years! Kitchen has upgraded stainless steel appliances and granite countertops! Gas cooktop and other gas appliances! Extensive back yard hardscape and landscaping! Listing agent is related to seller.

23 days
1,380
50

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Kitchen

Area: 100
Dimensions: 10.00 x 10.00

Heating

Natural Gas, Ceiling

Cooling

Central Air, Ceiling Fan(s), Programmable Thmstat

Appliances

Included: Refrigerator, Dishwasher, Disposal, Gas Range, Gas Cooktop, Built-In Gas Oven
Laundry: Inside, Gas Dryer Hookup

Features

Pantry, High Speed Internet, Double Vanity, Eat-in Kitchen, No Interior Steps, Kitchen Island, Full Bth Master Bdrm
Flooring: Carpet, Tile
Windows: Screens, Double Pane Windows
Has basement: No
Number of fireplaces: 1
Fireplace features: Family Room, Gas
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,351
Total interior livable area: 2,351 sqft

Property

Parking

Total spaces: 4
Parking features: Attached, Garage Door Opener
Attached garage spaces: 2
Uncovered spaces: 2

Features

Stories: 1
Patio & porch: Covered
Spa features: None
Fencing: Back Yard,Block
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake

Lot

Size: 7,200 Square Feet
Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Details

Parcel number: 30481538

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco, Wood Frame, Painted
Foundation: Slab
Roof: Tile,Concrete

Condition

Year built: 2012

Details

Builder name: Fulton Homes

Utilities & green energy

Sewer: Public Sewer
Water: City Water
Utilities for property: Phone Available, Natural Gas Connected

Community & HOA

Community

Features: Lake, Playground, Biking/Walking Path
Subdivision: Freeman Farms

HOA

Has HOA: Yes
Services included: Maintenance Grounds
HOA fee: $324 quarterly
HOA name: Freeman Farms HOA
HOA phone: 480-422-0888

Location

Region: Gilbert

Financial & listing details

Price per square foot: $255/sqft
Tax assessed value: $508,100
Annual tax amount: $3,015
Date on market: 8/10/2026
Cumulative days on market: 23 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/10/2026	Listed for sale	$599,000+49.8%$255/sqft
Source: ARMLS #7064843 Report a problem
7/30/2026	Listing removed	$2,695$1/sqft
Source: Zillow Rentals Report a problem
7/8/2026	Listed for rent	$2,695$1/sqft
Source: Zillow Rentals Report a problem
4/26/2024	Listing removed	--
Source: Zillow Rentals Report a problem
4/19/2024	Price change	$2,695-3.6%$1/sqft
Source: Zillow Rentals Report a problem
3/6/2024	Listed for rent	$2,795-3.6%$1/sqft
Source: Zillow Rentals Report a problem
2/2/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
1/26/2022	Price change	$2,900-3.3%$1/sqft
Source: Zillow Rental Manager Report a problem
1/25/2022	Price change	$3,000-6.3%$1/sqft
Source: Zillow Rental Manager Report a problem
1/20/2022	Listed for rent	$3,200$1/sqft
Source: Zillow Rental Manager Report a problem
11/12/2014	Sold	$400,000-19%$170/sqft
Source: ARMLS #5163855 Report a problem
10/12/2013	Price change	$493,538+0.2%$210/sqft
Source: Fulton Homes Report a problem
10/8/2013	Listed for sale	$492,538$210/sqft
Source: Fulton Homes Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,944 -3.1%	$50,810 -7.3%
2024	$3,038 +2%	$54,800 +80.1%
2023	$2,978 +21.2%	$30,429 -13.6%
2022	$2,458 -3.8%	$35,220 +8.3%
2021	$2,555 +4.1%	$32,520 +5.7%
2020	$2,455 +3.3%	$30,770 +11.1%
2019	$2,376	$27,700 +5.1%
2018	$2,376 +6.8%	$26,360 -2.2%
2017	$2,226 +7.2%	$26,950 -1.1%
2016	$2,076 -17.9%	$27,260 +6.8%
2015	$2,528	$25,520 +19.7%
2014	--	$21,320 +467%
2013	--	$3,760