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Sold for $617,500
  • $617,500

    4338 E LANTERN Place, Gilbert, AZ 85297

    5beds
    2,667sqft
    Single Family Residence
    Built in 2001
    7,800 Square Feet Lot
    $615,600 Zestimate®
    $232/sqft
    $3,554 Estimated rent

    Home value

    $615,600

    $560,000 - $671,000

    $3,554/mo

    Zestimate® history
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    What's special

    Covered patioGorgeous poolSpacious backyardBrand-new bathroom remodelAmple cabinetryNatural lightGranite countertops
    Beautifully Updated Home in a Prime Gilbert Location! This spacious home offers the perfect blend of comfort, convenience, and style. Ideally situated just 5 minutes from the freeway and close to shopping, dining, and entertainment. Step inside to find an inviting layout with plenty of natural light. The kitchen features granite countertops, stainless steel appliances, and ample cabinetry, opening to the living area for seamless entertaining. Enjoy peace of mind with a a brand-new roof and newer HVAC's. The primary suite boasts a stunning brand-new bathroom remodel, providing a luxurious retreat at the end of the day. Outside, you'll find a spacious backyard with a covered patio and gorgeous pool—perfect for gatherings or simply relaxing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven A Jones 480-717-0248,

    JR Jones Realty,

    Mark Babekov 602-570-8005,

    JR Jones Realty

    Bought with:

    Johana Saenz Varela, SA692340000

    A.Z. & Associates

    Source: ARMLS,MLS#: 6921653MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
    • Laundry: Inside
    Features
    • Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm
    • Flooring: Carpet, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,667
    • Total interior livable area: 2,667 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage Door Opener, Direct Access
    • Garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Stories: 2
    • Patio & porch: Covered
    • Has private pool: Yes
    • Pool features: Fenced
    • Spa features: None
    • Fencing: Block,Wrought Iron
    Lot
    • Size: 7,800 sqft
    • Features: North/South Exposure, Desert Back, Grass Front, Grass Back
    Details
    • Parcel number: 31302460

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 2001
    Details
    • Builder name: Meritage Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Pool, Biking/Walking Path
    Location
    • Region: Gilbert
    • Subdivision: POWER RANCH NEIGHBORHOOD 1

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $385 quarterly
    • Services included: Maintenance Grounds
    • Association name: Power Ranch
    • Association phone: 480-988-0960

    Other

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

    Price history

    DateEventPrice
    12/9/2025Sold$617,500-0.4%$232/sqft
    Source: ARMLS #6921653 Report a problem
    11/12/2025Pending sale$620,000$232/sqft
    Source: ARMLS #6921653 Report a problem
    10/30/2025Price change$620,000-1.6%$232/sqft
    Source: ARMLS #6921653 Report a problem
    10/2/2025Price change$630,000-1.6%$236/sqft
    Source: ARMLS #6921653 Report a problem
    9/18/2025Listed for sale$640,000+106.5%$240/sqft
    Source: ARMLS #6921653 Report a problem
    9/24/2015Sold$310,000-1.6%$116/sqft
    Source: ARMLS #5313707 Report a problem
    8/20/2015Pending sale$315,000$118/sqft
    Source: OpenDoor Homes #5313707 Report a problem
    7/30/2015Listed for sale$315,000+2.3%$118/sqft
    Source: OpenDoor Homes #5313707 Report a problem
    6/24/2015Sold$308,000+31.1%$115/sqft
    Source: Public Record Report a problem
    2/26/2010Sold$235,000-6%$88/sqft
    Source: Public Record Report a problem
    12/26/2009Price change$250,000-5.7%$94/sqft
    Source: RE/MAX Alliance Group #4290527 Report a problem
    11/18/2009Listed for sale$265,000+13.5%$99/sqft
    Source: RE/MAX Alliance Group #4290527 Report a problem
    6/19/2002Sold$233,379$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,360 -6.5%$51,710 -6.5%
    2024$2,523 -0.6%$55,330 +87.1%
    2023$2,538 +2.6%$29,573 -17.4%
    2022$2,473 -4.8%$35,800 +7.4%
    2021$2,598 +3.3%$33,320 +8.1%
    2020$2,515 +3.7%$30,810 +9.1%
    2019$2,426 $28,230 +5.3%
    2018$2,426 +3.8%$26,810 +7.7%
    2017$2,339 +12.6%$24,900 -0.4%
    2016$2,076 $25,000 -1.2%
    2015$2,076 $25,310 +26.8%
    2014-- $19,960 +15.2%
    2013-- $17,330 -5.8%
    2012-- $18,400 -6.9%
    2011-- $19,770 -16.4%
    2010-- $23,660 -19.4%
    2009-- $29,360 -9.1%
    2008-- $32,300 +7.1%
    2007-- $30,150 +52.3%
    2006-- $19,800
    2005-- $19,800 +12.2%
    2004-- $17,650 +635.4%
    2003-- $2,400
    2002-- $2,400

    Find assessor info on the county website

    Neighborhood: Power Ranch

    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
    $615,600
    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
    $615,600