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Sold for $1,400,000
  • $1,400,000

    564 E Morgan Drive, Gilbert, AZ 85295

    4beds
    2,304sqft
    Single Family Residence
    Built in 1964
    2.21 Acres Lot
    $1,347,600 Zestimate®
    $608/sqft
    $3,348 Estimated rent

    Home value

    $1,347,600

    $1.28M - $1.41M

    $3,348/mo

    Zestimate® history
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    What's special

    Private poolGilbert horse propertyCovered patiosRed brick wood-burning fireplaceOutdoor horse corralRemodeled kitchen
    Gilbert horse property on approx. 2.2 irrigated acres with no HOA! Located in Palomino Acres, the 2,304 sq ft single-level main home offers 3 bedrooms + den and 2 bathrooms. Move-in ready and beautifully updated, it blends classic charm, including a red brick wood-burning fireplace, with a remodeled kitchen and bathrooms. The barn offers workshop/storage plus a 488 sq ft upstairs apartment with bedroom, bathroom and kitchenette, providing 2,792 sq ft of combined living space. Features include an outdoor horse corral, private pool, covered patios, 2-car garage, ample slab/RV parking. All near Downtown Gilbert and SanTan Village! With acreage, horse facilities and versatile additional space, this unique property offers endless possibilities!

    Zillow last checked:

    Listing updated:

    Listed by:

    Alisha B Anderson 480-900-1500,

    Real Broker

    Bought with:

    Melissa Kapanicas, SA681012000

    HomeSmart

    Mick L Kapanicas, SA669390000

    HomeSmart

    Source: ARMLS,MLS#: 7072094MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat Pump
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Refrigerator, Dishwasher, Induction Cooktop, Electric Oven
    • Laundry: In Garage
    Features
    • Non-laminate Counter, High Speed Internet, Granite Counters, Master Downstairs, Pantry, Full Bth Master Bdrm
    • Flooring: Carpet, Tile, Wood
    • Windows: Double Pane Windows
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Family Room
    Interior area
    • Total structure area: 2,304
    • Total interior livable area: 2,304 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Attached, RV Access/Parking, Direct Access, Side Vehicle Entry
    • Attached garage spaces: 2
    • Uncovered spaces: 6
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Playground, Storage
    • Has private pool: Yes
    • Pool features: Outdoor Pool
    • Spa features: None
    • Fencing: Chain Link,Wire
    Lot
    • Size: 2.21 Acres
    • Features: North/South Exposure, Grass Front, Grass Back, Irrigation Front, Irrigation Back
    Details
    • Additional structures: Workshop, Shed(s), Barn(s)
    • Parcel number: 30443036
    • Horses can be raised: Yes
    • Horse amenities: Barn, Stall, Tack Room

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Painted, Block
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Septic Tank

    Community & HOA

    Community
    • Features: Horse Facility
    • Subdivision: PALOMINO ACRES
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Gilbert

    Financial & listing details

    • Price per square foot: $608/sqft
    • Tax assessed value: $723,000
    • Annual tax amount: $2,253
    • Date on market: 9/12/2026
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/25/2026Sold$1,400,000$608/sqft
    Source: ARMLS #7072094 Report a problem
    9/12/2026Listed for sale$1,400,000+576.3%$608/sqft
    Source: ARMLS #7072094 Report a problem
    3/15/1996Sold$207,000$90/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,238 +4%$72,300 -6.9%
    2024$2,152 -0.9%$77,680 +185.8%
    2023$2,171 +2.5%$27,184 -34.9%
    2022$2,118 -3.9%$41,730 +3.6%
    2021$2,204 +8.8%$40,280 +1.8%
    2020$2,025 +3.2%$39,570 +5.6%
    2019$1,963 $37,480 +22%
    2018$1,963 +3.7%$30,720 +5.6%
    2017$1,894 +6.1%$29,100 +0.3%
    2016$1,785 -5.5%$29,020 +4.7%
    2015$1,889 $27,730 +43.6%
    2014-- $19,310 +21.2%
    2013-- $15,930 -10.9%
    2012-- $17,880 -18.5%
    2011-- $21,950 -26.8%
    2010-- $30,000 -17%
    2009-- $36,160 -18%
    2008-- $44,100 +10.5%
    2007-- $39,900 +53.8%
    2006-- $25,950
    2005-- $25,950 +30.1%
    2004-- $19,950
    2003-- $19,950 +9%
    2002-- $18,300
    Find assessor info on the county website

    Neighborhood: Palomino Estates

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ashland Elementary
    • Middle: South Valley Jr. High
    • High: Campo Verde 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
    $1,347,600
    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
    $1,347,600