Experience elevated living in this upgraded Fulton home with an impressive gas range, new water heater, water softener and installed RO, nestled in the highly sought-after Freeman Farms. Ideally located next to the serene community waterfall and lake, this property offers a rare level of privacy with only one neighbor. The home comes equipped with owned solar panels, allowing new owners to enjoy energy efficiency.
Step outside into a lush backyard with a vibrant lawn and a covered patio, ideal for gatherings and relaxation.
Located just 5 minutes from Gilbert Regional Park's pickleball courts, this home also offers easy access the 202 freeway, SanTan Village, and the exciting new Epicenter development.
Sold for $640,000
$640,000
2550 E PENEDES Drive, Gilbert, AZ 85298
5beds
3baths
3,083sqft
Single Family Residence
Built in 2013
7,181 Square Feet Lot
$626,600 Zestimate®
$208/sqft
$3,327 Estimated rent
Home value
$626,600
$570,000 - $689,000
$3,327/mo
Zestimate® history
Owner options
List your home for rent
$3,327/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,327/mo
Rent Zestimate®
Refinance and save
$3,962/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,962/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Covered patioWater softenerNew water heaterVibrant lawnRare level of privacyImpressive gas rangeLush backyard
Zillow last checked:
Listing updated:
Listed by:
Riley Rhodes 480-650-8531,
DWEL LLC
Bought with:
Brian Rhode, BR557497000
Barrett Real Estate
Source: ARMLS,MLS#: 6759038
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air, Programmable Thmstat
Appliances
- Included: Gas Cooktop
Features
- Granite Counters, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Vinyl, Tile
- Windows: Double Pane Windows
- Has basement: No
Interior area
- Total structure area: 3,083
- Total interior livable area: 3,083 sqft
Property
Parking
- Total spaces: 5
- Parking features: RV Gate, Garage Door Opener, Extended Length Garage
- Garage spaces: 3
- Uncovered spaces: 2
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 7,181 Square Feet
- Features: Sprinklers In Rear, Corner Lot, Desert Back, Grass Back
Details
- Parcel number: 30481522
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Tile
Condition
- Year built: 2013
Details
- Builder name: Fulton
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Green energy
- Water conservation: Tankless Ht Wtr Heat
Community & HOA
Community
- Features: Near Bus Stop, Playground, Biking/Walking Path
- Subdivision: FREEMAN FARMS PHASE 3 PARCEL 4
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $314 quarterly
- HOA name: Freeman Farms
- HOA phone: 480-220-0888
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $532,100
- Annual tax amount: $2,619
- Date on market: 9/25/2024
- Cumulative days on market: 159 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2025 | Sold | $640,000$208/sqft |
Source:  ARMLS #6759038 Report a problem | ||
| 2/5/2025 | Price change | $640,000-1.5%$208/sqft |
Source: ARMLS #6759038 Report a problem | ||
| 2/3/2025 | Price change | $649,9000%$211/sqft |
Source: ARMLS #6759038 Report a problem | ||
| 1/21/2025 | Price change | $650,000-2.3%$211/sqft |
Source: ARMLS #6759038 Report a problem | ||
| 12/4/2024 | Price change | $665,000-2.9%$216/sqft |
Source: ARMLS #6759038 Report a problem | ||
| 11/15/2024 | Price change | $685,000-1.4%$222/sqft |
Source: ARMLS #6759038 Report a problem | ||
| 11/1/2024 | Price change | $695,000-0.7%$225/sqft |
Source: ARMLS #6759038 Report a problem | ||
| 9/26/2024 | Listed for sale | $700,000+98.3%$227/sqft |
Source: ARMLS #6759038 Report a problem | ||
| 5/12/2016 | Sold | $353,000-1.9%$114/sqft |
Source: ARMLS #5418430 Report a problem | ||
| 3/25/2016 | Listed for sale | $359,900-0.2%$117/sqft |
Source: Realty Executives #5418430 Report a problem | ||
| 1/31/2014 | Sold | $360,442$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,636 +1.3% | $53,210 -6.9% |
| 2024 | $2,602 +2.2% | $57,160 +82.6% |
| 2023 | $2,546 +0.7% | $31,308 -14.7% |
| 2022 | $2,528 -3.8% | $36,710 +9.5% |
| 2021 | $2,628 +4.1% | $33,510 +4% |
| 2020 | $2,526 +3.3% | $32,230 +10.3% |
| 2019 | $2,445 | $29,220 +5.2% |
| 2018 | $2,445 +6.8% | $27,780 -0.3% |
| 2017 | $2,290 +7.2% | $27,860 -3.9% |
| 2016 | $2,136 +243.9% | $28,980 +5.3% |
| 2015 | $621 | $27,520 +368.7% |
| 2014 | -- | $5,872 +56.2% |
| 2013 | -- | $3,760 |
Find assessor info on the county website
Neighborhood: Freeman Farms
Nearby homes
- $627,2004 bd3 ba2.5k sqft2558 E Penedes Dr, Gilbert, AZ 85298Off Market
- $680,3005 bd3 ba3.7k sqft2566 E Penedes Dr, Gilbert, AZ 85298Off Market
- $588,1003 bd3 ba2.3k sqft2551 E Penedes Dr, Gilbert, AZ 85298Off Market
- $729,4004 bd2 ba3k sqft2559 E Penedes Dr, Gilbert, AZ 85298Off Market
- $720,200-- bd5 ba3.7k sqft2574 E Penedes Dr, Gilbert, AZ 85298Off Market
- $2,6954 bd3 ba2.4k sqft2543 E Penedes Dr, Gilbert, AZ 85298For Rent
- $747,0005 bd3 ba3.3k sqft2567 E Penedes Dr, Gilbert, AZ 85298For Sale
- $635,2003 bd2 ba2.1k sqft2535 E Penedes Dr, Gilbert, AZ 85298Off Market
Nearby schools
GreatSchools rating
- 10/10Chandler Traditional Academy-FreedomGrades: PK-6Distance: 0.9 mi
- 7/10Dr. Camille Casteel High SchoolGrades: 7-12Distance: 3.6 mi
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
$626,600
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
$626,600
- Arizona
- Maricopa County
- Gilbert
- 85298
- Freeman Farms
- 2550 E PENEDES Drive
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Gilbert Topics
