$480,000
SOLD JAN 28, 2025
3 Beds
2 Baths
1,308 Sq Ft
7,275 Sq Ft Lot

Recently Sold

$367 Per Sq Ft

8% Below List Price

108 Days on Market

Highlights

  • Solar Power System
  • Vaulted Ceiling
  • Corner Lot
  • Towne Meadows Elementary School Rated A-
  • 1 Fireplace
  • 5-minute walk to Towne Meadows Park

About This Home

As of January 2025

Welcome to 4226 East Towne Ln, a stunning newly renovated single-level home in the heart of Gilbert! This meticulously designed 3-bedroom, 2-bathroom home spans 1,308 square feet and showcases the perfect blend of modern comfort and stylish living. With a 2-car garage, and a beautifully manicured yard, this property offers both convenience and curb appeal. Expertly decorated by an interior designer for VRBO, every detail in this home has been carefully curated to provide a luxurious and welcoming atmosphere. Whether you're looking for a primary residence or a prime investment opportunity, this home is move-in ready and waiting for you to make it your own!

Last Agent to Sell the Property

Chantel Gutierrez-Davis

Rise 24 Real Estate LLC License #BR684490000

Co-Listed By

Benjamin Brown

Perk Prop Real Estate License #SA704521000

Last Buyer's Agent

Sarah Gates

Keller Williams Realty Sonoran Living License #SA624690000

Keller Williams Realty Sonoran Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1991

Lot Details

  • 7,275 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Towne Meadows Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • No Interior Steps
  • Solar Power System
  • Covered patio or porch

Community Details

  • Association fees include ground maintenance
  • Rcp Community Manage Association, Phone Number (480) 813-6788
  • Built by RYLAND HOMES
  • Towne Meadows Amd Lot 1 591 Tr A Subdivision

Listing and Financial Details

  • Tax Lot 507
  • Assessor Parcel Number 304-06-542

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

Year Built

Built in 1991

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Cross Street: Power and Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 23.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1991
  • Tax Year: 2023
  • Directions: Head South on S Power Rd to E Guadalupe Rd. Right onto E Guadalupe Rd. Right onto N Pheasant Dr. Pheasant Dr turns right and becomes E Towne Ln. Home will be on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: perk001
  • Co List Office Phone: 480-830-5695
  • Subdivision Name: TOWNE MEADOWS AMD LOT 1-591 TR A
  • Architectural Style: Ranch
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 70.0
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Double Vanity
  • Living Area: 1308.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 70.0
  • Association Fee Frequency: Quarterly
  • Association Name: Towne Meadows
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Towne Meadows
  • Association Fees:HOA Telephone4: 480-813-6788
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 180.0
  • Association Fees:Disclosure Fees HOA: 225.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: RCP Community Manage

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Towne Meadows Elementary School
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7275.0
  • Parcel #: 304-06-542
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: RYLAND HOMES

Tax Info

  • Tax Annual Amount: 1228.0
  • Tax Book Number: 304.00
  • Tax Lot: 507
  • Tax Map Number: 6.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $480,000 -4.0% $367 / Sq Ft
10/21/2024 10/21/24 Price Changed $500,000 -2.0% $382 / Sq Ft
09/25/2024 09/25/24 Price Changed $510,000 -1.9% $390 / Sq Ft
08/28/2024 08/28/24 For Sale $520,000 +11.3% $398 / Sq Ft
05/23/2023 05/23/23 Sold $467,000 +1.5% $331 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $460,000 +30.3% $326 / Sq Ft
03/29/2023 03/29/23 Sold $353,000 -6.9% $245 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $379,000 +80.5% $263 / Sq Ft
10/14/2015 10/14/15 Sold $210,000 0.0% $146 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
08/26/2015 08/26/15 Price Changed $210,000 -5.4% $146 / Sq Ft
08/12/2015 08/12/15 For Sale $222,000 -- $154 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,220 $16,214 -- --
2024 $1,228 $15,442 -- --
2023 $1,228 $30,810 $6,160 $24,650
2022 $1,193 $22,900 $4,580 $18,320
2021 $1,253 $21,250 $4,250 $17,000
2020 $1,233 $19,570 $3,910 $15,660
2019 $1,136 $17,730 $3,540 $14,190
2018 $1,096 $16,270 $3,250 $13,020
2017 $1,059 $15,000 $3,000 $12,000
2016 $1,072 $14,320 $2,860 $11,460
2015 $1,004 $13,510 $2,700 $10,810
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $317,700 New Conventional
Previous Owner $17,303 FHA
Previous Owner $206,196 FHA
Previous Owner $193,600 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $103,600 Unknown
Previous Owner $92,025 New Conventional
Previous Owner $92,803 FHA
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $480,000 Navi Title Agency
Special Warranty Deed -- Premier Title Agency
Warranty Deed $353,000 Premier Title Agency
Interfamily Deed Transfer -- Security Title Agency Inc
Warranty Deed $210,000 Security Title Agency Inc
Warranty Deed $242,000 Pioneer Title Agency Inc
Warranty Deed $118,000 Security Title Agency
Warranty Deed $96,800 Security Title Agency
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6749658

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-06-542