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Sold for $700,000
  • $700,000

    4268 E PALO VERDE Street, Gilbert, AZ 85296

    4beds
    3,077sqft
    Single Family Residence
    Built in 2016
    5,750 Square Feet Lot
    $710,800 Zestimate®
    $227/sqft
    $3,322 Estimated rent

    Home value

    $710,800

    $675,000 - $746,000

    $3,322/mo

    Zestimate® history
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    $4,341/mo

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    $4,341/mo

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    What's special

    Welcome to Morrison Ranch! This stunning 4-bedroom home features a spacious 3-car garage and over 3,000 square feet of living space. Offering two versatile bonus rooms that can serve as an office, playroom, or be easily converted into two additional bedrooms. One bedroom includes an optional full en-suite bathroom for added privacy and convenience. The upgraded interior boasts tile flooring, granite countertops, and stainless steel appliances—all included. The popular open and bright floor plan is enhanced by optional full-panel glass sliding doors in the living room, which open to a large covered patio. The low-maintenance backyard features durable, evergreen turf and a custom gazebo, perfect for outdoor enjoyment. Exceptionally clean, move-in ready, and must see to appreciate.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael D Leslie 480-335-3636,

    Realty ONE Group,

    Linda Cote 310-291-8026,

    Realty ONE Group

    Bought with:

    Tim Esteban, SA660364000

    HomeSmart

    Source: ARMLS,MLS#: 6954853MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Gas Stub for Range, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
    • Laundry: Inside, Gas Dryer Hookup
    Features
    • Pantry, High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm
    • Flooring: Carpet, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,077
    • Total interior livable area: 3,077 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Tandem Garage, RV Gate, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
    • Garage spaces: 3
    • Uncovered spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 5,750 Square Feet
    • Features: North/South Exposure, Sprinklers In Front, Gravel/Stone Back, Grass Front, Synthetic Grass Back, Auto Timer H2O Front
    Details
    • Additional structures: Gazebo
    • Parcel number: 30418111

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted, Stone
    • Roof: Tile
    Condition
    • Year built: 2016
    Details
    • Builder name: Taylor Morrison

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pickleball, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path
    • Subdivision: ELLIOT GROVES AT MORRISON RANCH PHASE 2
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $351 quarterly
    • HOA name: Morrison Ranch
    • HOA phone: 866-244-2262
    Location
    • Region: Gilbert

    Financial & listing details

    • Price per square foot: $227/sqft
    • Tax assessed value: $586,200
    • Annual tax amount: $2,451
    • Date on market: 12/19/2025
    • Cumulative days on market: 115 days
    • Listing terms: Cash,Conventional,1031 Exchange,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/14/2026Listing removed$2,800$1/sqft
    Source: ARMLS #7026887 Report a problem
    5/12/2026Listed for rent$2,800-31.7%$1/sqft
    Source: ARMLS #7026887 Report a problem
    4/15/2026Sold$700,000-2.6%$227/sqft
    Source: ARMLS #6954853 Report a problem
    2/19/2026Price change$719,000-0.8%$234/sqft
    Source: ARMLS #6954853 Report a problem
    1/14/2026Price change$724,500-2%$235/sqft
    Source: ARMLS #6954853 Report a problem
    12/20/2025Listed for sale$739,500+5.8%$240/sqft
    Source: ARMLS #6954853 Report a problem
    11/14/2025Listing removed$4,100$1/sqft
    Source: Zillow Rentals Report a problem
    10/19/2025Listed for rent$4,100$1/sqft
    Source: Zillow Rentals Report a problem
    8/15/2023Sold$699,000$227/sqft
    Source: ARMLS #6559337 Report a problem
    7/9/2023Pending sale$699,000$227/sqft
    Source: ARMLS #6559337 Report a problem
    5/25/2023Listed for sale$699,000+90.6%$227/sqft
    Source: ARMLS #6559337 Report a problem
    12/21/2016Sold$366,657$119/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,340 +4%$58,620 -1.9%
    2024$2,249 -0.9%$59,760 +110.3%
    2023$2,269 -1%$28,417 -30.2%
    2022$2,293 -3.6%$40,700 +8.6%
    2021$2,378 +8.5%$37,480 +7.1%
    2020$2,193 +4%$34,980 +8.9%
    2019$2,109 $32,120 +5.3%
    2018$2,109 +334.6%$30,500 +397.1%
    2017$485 +3.3%$6,135 +4.3%
    2016$470 +1859.4%$5,880 +14.8%
    2015$24 $5,120
    Find assessor info on the county website

    Neighborhood: Elliot Groves At Morrision Ranch

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Greenfield Elementary School
    • Middle: Greenfield Junior High School
    • High: Highland 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
    $710,800
    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
    $710,800