$525,000 - $565,000
RENTED DEC 20, 2024

1672 S Penrose Dr Gilbert, AZ 85295

Lyon's Gate Neighborhood
4 Beds
4 Baths
2,398 Sq Ft
$226 Price per Sq Ft

Last Sold November 15, 2024

Last sale price $529,000 $221 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,269/month

About This Home

As of November 2024

This gorgeous 4-bedroom, 3.5-bath rental with a den and loft is packed with features that make it feel like home! Perfectly located just across the street from Agritopia, you'll enjoy easy access to four incredible restaurants, a community garden, and all the charm this neighborhood has to offer. The location couldn't be better, close to the community pool and parks plus just minutes from fun spots like Topgolf, Main Event, and more! Inside, the home features two master suites, offering plenty of flexibility for families, roommates, or hosting guests. The bright and inviting kitchen is a showstopper with white cabinets, granite countertops, stainless steel appliances, recessed lighting, and even a cozy coffee bar area to start your mornings right. The home boasts new luxury vinyl plank flooring for a sleek, modern touch, while upstairs the bedrooms have been refreshed with brand-new, plush carpeting. Plus, the black interior doors add a bold, stylish flair throughout the home.

The backyard is built for easy living with artificial turf, a golf putting green, decorative pavers, and a covered patio that's perfect for relaxing after a long day. The den offers extra versatility with a unique built-in playhouse wall, making it ideal as a playroom, home office, or creative space.

Don't miss your chance to rent this beautifully updated home in one of Gilbert's most desirable neighborhoods.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Nov 12, 2024
Sold by
Legacy Iv Dynasty Trust and Lundin Steven Ray
Bought by
Grazier Scott W and Grazier Malgorzata K
Seller's Agent
Laura Holl
Real Broker
Buyer's Agent
Non-MLS Agent
Non-MLS Office
Sold Price
$2,800
Views
65
Current Estimated Value
$542,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,770
Avg. Annual Appreciation
5.89%
Original Mortgage
$200,000
Outstanding Balance
$199,805
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$342,694

Purchase Details

Closed on
Jul 30, 2024
Sold by
Austin Dr Trust and Gomez Fernando
Bought by
Legacy Iv Dynasty Trust and Lundin

Purchase Details

Closed on
Jul 18, 2022
Sold by
Steven Lundin Ii and Steven Jessica
Bought by
1672 S Penrose Dr Trust

Purchase Details

Listed on
May 8, 2019
Closed on
Jun 20, 2019
Sold by
Quijano Chris
Bought by
Lundin Steven and Lundin Jessica
Seller's Agent
Rhonda White
Keller Williams Integrity First
Buyer's Agent
Scott Cook
RE/MAX Solutions
List Price
$340,000
Sold Price
$324,000
Premium/Discount to List
-$16,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$330,966
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Jul 1, 2014
Closed on
Sep 15, 2014
Sold by
Quijano Allison
Bought by
Quijano Chris
Seller's Agent
Deborah Crowley
HomeSmart
Buyer's Agent
George Erickson
Erickson Realty Group L.L.C.
List Price
$284,900
Sold Price
$271,000
Premium/Discount to List
-$13,900
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$257,450
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2007
Sold by
William Lyon Southwest Inc
Bought by
Cheroske Alexander and Cheroske Madelyne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,550
Interest Rate
6.31%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grazier Scott W $529,000 Navi Title Agency
Grazier Scott W $529,000 Navi Title Agency
Legacy Iv Dynasty Trust -- None Listed On Document
1672 S Penrose Dr Trust -- None Listed On Document
Lundin Steven $324,000 Clear Title Agency Of Az
Quijano Chris -- American Title Svc Agency Ll
Quijano Chris $271,000 American Title Svc Agency Ll
William Lyon Southwest Inc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grazier Scott W $200,000
Closed Grazier Scott W $200,000
Previous Owner Lundin Steven R $400,000
Previous Owner Lundin Steven $329,258
Previous Owner Lundin Steven $329,328
Previous Owner Lundin Steven $330,966
Previous Owner Quijano Chris $257,450
Previous Owner Cheroske Alexander $221,500
Previous Owner Cheroske Alexander $233,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Rented $2,800 0.0% --
12/14/2024 12/14/24 Under Contract -- -- --
11/30/2024 11/30/24 For Rent $2,800 0.0% --
11/26/2024 11/26/24 Off Market $2,800 -- --
11/26/2024 11/26/24 For Rent $2,800 0.0% --
11/15/2024 11/15/24 Sold $529,000 0.0% $221 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/24/2024 10/24/24 Price Changed $529,000 -1.1% $221 / Sq Ft
10/15/2024 10/15/24 Price Changed $535,000 -2.6% $223 / Sq Ft
10/09/2024 10/09/24 Price Changed $549,000 -1.8% $229 / Sq Ft
09/28/2024 09/28/24 Price Changed $559,000 0.0% $233 / Sq Ft
09/28/2024 09/28/24 For Sale $559,000 -1.8% $233 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $569,000 -3.4% $237 / Sq Ft
07/31/2024 07/31/24 For Sale $589,000 +81.8% $246 / Sq Ft
06/24/2019 06/24/19 Sold $324,000 -4.7% $135 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $340,000 +25.5% $142 / Sq Ft
09/17/2014 09/17/14 Sold $271,000 -2.9% $113 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
08/15/2014 08/15/14 Price Changed $278,999 -0.4% $116 / Sq Ft
07/26/2014 07/26/14 Price Changed $279,999 -1.7% $117 / Sq Ft
07/01/2014 07/01/14 For Sale $284,900 -- $119 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,890 $26,208 -- --
2024 $2,104 $24,960 -- --
2023 $2,104 $40,210 $8,040 $32,170
2022 $2,012 $29,710 $5,940 $23,770
2021 $2,067 $27,970 $5,590 $22,380
2020 $2,105 $25,960 $5,190 $20,770
2019 $2,039 $23,550 $4,710 $18,840
2018 $1,965 $22,270 $4,450 $17,820
2017 $1,894 $20,630 $4,120 $16,510
2016 $1,928 $20,000 $4,000 $16,000
2015 $1,681 $18,820 $3,760 $15,060
Source: Public Records

Agents Affiliated with this Home

  • Laura Holl

    Seller's Agent in 2024

    Laura Holl

    Real Broker

    (602) 486-9607

    1 in this area

    10 Total Sales

    Laura Holl
    Section Image
  • Frank Morales

    Seller's Agent in 2024

    Frank Morales

    HomeSmart

    (480) 390-3308

    2 in this area

    30 Total Sales

    Frank Morales
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

  • Rhonda White

    Seller's Agent in 2019

    Rhonda White

    Keller Williams Integrity First

    (480) 415-5453

    25 Total Sales

    Rhonda White
    Section Image
  • Scott Cook

    Buyer's Agent in 2019

    Scott Cook

    RE/MAX

    (480) 993-9317

    174 Total Sales

    Scott Cook
    Section Image
  • Deborah Crowley

    Seller's Agent in 2014

    Deborah Crowley

    HomeSmart

    (480) 889-3700

    1 in this area

    49 Total Sales

    Deborah Crowley
    Section Image
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Map

Arizona Maricopa County Gilbert 85295 Lyon's Gate

1672 S Penrose Dr, Gilbert, AZ

Homes for Sale in Gilbert, AZ

This home is located at 1672 S Penrose Dr, Gilbert, AZ 85295 and is currently estimated at $542,570, approximately $226 per square foot. 1672 S Penrose Dr is a home located in Maricopa County with nearby schools including Higley Traditional Academy, Williams Field High School, and Cooley Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.