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Sold for $495,000
    • $495,000

    4278 E LANTERN Place, Gilbert, AZ 85297

    3beds
    2,073sqft
    Single Family Residence
    Built in 2003
    8,043 Square Feet Lot
    $495,100 Zestimate®
    $239/sqft
    $2,453 Estimated rent

    Home value

    $495,100

    $455,000 - $535,000

    $2,453/mo

    Zestimate® history
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    What's special

    Great layoutFunctional split floor planTranquil pondPrivate putting greenRelaxing outdoor setting
    Brand new AC! Located in the highly sought-after, award-winning community of Power Ranch in South Gilbert, this 3 bedroom + den, 2.5-bath home offers an exceptional opportunity to create your dream space in one of the East Valley's most desirable neighborhoods. The home features a functional split floor plan that provides both privacy and versatility for modern living. The home backs to a serene common area with view fencing, giving the backyard an open, peaceful feel. Enjoy a relaxing outdoor setting complete with a tranquil pond and a private putting green, perfect for quiet mornings or entertaining guests. This property presents a fantastic opportunity for buyers looking to personalize and update a home to their own taste. With a great layout, and an unbeatable location, the potential here is undeniable. Power Ranch residents enjoy access to top-rated amenities including pools, parks, trails, and community events, all within close proximity to shopping, dining, and top-rated Gilbert schools.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melanie Nemetz 480-221-3034,

    Keller Williams Integrity First Realty

    Bought with:

    Angela Patten, SA540650000

    Realty ONE Group

    Source: ARMLS,MLS#: 7024907MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
    • Laundry: Inside
    Features
    • Non-laminate Counter, High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Separate Shwr & Tub
    • Flooring: Carpet, Laminate, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,073
    • Total interior livable area: 2,073 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Direct Access
    • Attached garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Spa features: None
    • Fencing: Block,Wrought Iron
    Lot
    • Size: 8,043 Square Feet
    • Features: Borders Common Area, North/South Exposure, Sprinklers In Front, Desert Front, Synthetic Grass Back, Auto Timer H2O Back
    Details
    • Parcel number: 31302464

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 2003
    Details
    • Builder name: Standard Pacific

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Pickleball, Lake, Playground, Biking/Walking Path
    • Subdivision: POWER RANCH NEIGHBORHOOD 1
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $402 quarterly
    • HOA name: PRCA
    • HOA phone: 480-988-0960
    Location
    • Region: Gilbert

    Financial & listing details

    • Price per square foot: $239/sqft
    • Tax assessed value: $465,700
    • Annual tax amount: $2,117
    • Date on market: 5/19/2026
    • Cumulative days on market: 93 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/20/2026Sold$495,000-2.9%$239/sqft
    Source: ARMLS #7024907 Report a problem
    8/11/2026Pending sale$510,000$246/sqft
    Source: ARMLS #7024907 Report a problem
    7/3/2026Price change$510,000-3.8%$246/sqft
    Source: ARMLS #7024907 Report a problem
    6/29/2026Pending sale$530,000$256/sqft
    Source: ARMLS #7024907 Report a problem
    5/7/2026Listed for sale$530,000+48.5%$256/sqft
    Source: ARMLS #7024907 Report a problem
    7/3/2019Sold$357,000$172/sqft
    Source: ARMLS #5935225 Report a problem
    6/5/2019Listed for sale$357,000+23.2%$172/sqft
    Source: Realty ONE Group #5935225 Report a problem
    11/9/2015Listing removed$289,750$140/sqft
    Source: Realty ONE Group #5348841 Report a problem
    10/15/2015Listed for sale$289,750+34.3%$140/sqft
    Source: Realty ONE Group #5348841 Report a problem
    11/20/2003Sold$215,729$104/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,070 -6.5%$46,570 -6.9%
    2024$2,213 -0.6%$50,000 +92.8%
    2023$2,226 +2.6%$25,938 -20.6%
    2022$2,169 -4.8%$32,670 +7.9%
    2021$2,279 +3.3%$30,270 +7.6%
    2020$2,206 +3.7%$28,130 +10.2%
    2019$2,128 $25,530 +5.8%
    2018$2,128 +3.8%$24,120 +8.2%
    2017$2,051 +12.6%$22,300 +0.2%
    2016$1,821 +1.1%$22,250 +0.3%
    2015$1,802 $22,180 +26.9%
    2014-- $17,480 +15%
    2013-- $15,200 -6.2%
    2012-- $16,210 -6.7%
    2011-- $17,370 -17.5%
    2010-- $21,060 -19.5%
    2009-- $26,170 -8.7%
    2008-- $28,650 +7.3%
    2007-- $26,700 +53.4%
    2006-- $17,400
    2005-- $17,400 +99.5%
    2004-- $8,720 +251.6%
    2003-- $2,480
    2002-- $2,480
    Find assessor info on the county website

    Neighborhood: Power Ranch

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Power Ranch Elementary
    • Middle: Sossaman Middle School
    • High: Higley High School
    • District: Higley Unified School 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
    $495,100
    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
    $495,100

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