NOT LISTED FOR SALE

121 E Ivanhoe St Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $1,165,000 - $1,280,000

5 Beds
4 Baths
4,400 Sq Ft
$282/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2025

Last sale price $1,275,000 $290 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,902 / mo

41 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • No HOA
  • Ashland Elementary School Rated A
  • 1.15 Acre Lot
  • Formal Dining Room

About This Home

As of October 2025

Flood Irrigated Sprawling private lot + fully updated interior — a rare modern retreat in the heart of Gilbert. Beautifully remodeled acreage property near Downtown Gilbert offers the perfect blend of space, style, and flexibility. The 4 bed/3 bath 2,600 sq ft main home features a stunning new kitchen with GE Profile ss appliances including a beverage fridge, white oak shaker cabinets and quartz countertops, along with fully updated bathrooms and modern finishes throughout. A remodeled 1 bed/1bath 900 sq ft guest house is ideal for multi-generational living, rental income, or a home office. An additional 900 sq ft finished hobby/teen room adds even more versatility. Just minutes from dining, shopping, and entertainment, this turnkey retreat combines rural charm with urban convenience.

Last Agent to Sell the Property

Gabriel Trevizo

HomeSmart License #SA643494000 Listed on: 07/25/2025

HomeSmart

Last Buyer's Agent

Ethan Starling

Gentry Real Estate License #SA717564000

Gentry Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,812

Year Built

  • Built in 1975

Lot Details

  • 1.15 Acre Lot
  • Chain Link Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • RV Access or Parking

Home Design

  • Composition Roof

Interior Spaces

  • 5 Bedrooms
  • 4,400 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Formal Dining Room

Kitchen

  • Electric Oven or Range
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Schools

  • Ashland Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Patio
  • Flood Irrigation
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Ranchos Del Sol Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 304-43-173

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,812

Year Built

Built in 1975

Lot Details

1.15 Acres

Parking

2

Listing Details

  • Cross Street: GILBERT AND RAY
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.15
  • Subdivision Name: RANCHOS DEL SOL UNIT 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 289.77
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Electric Cooktop, Washer, Dryer
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Non-laminate Counter
  • Living Area: 4400.0
  • Stories: 1
  • Window Features: Dual Pane

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Grass Front, Grass Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Slump Block, Painted
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, RV Gated
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Ashland Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 49879.0
  • Parcel #: 304-43-173

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2812.0
  • Tax Book Number: 304.0
  • Tax Lot: 69
  • Tax Map Number: 43.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2026
Sold by
Elisa Watson
Bought by
Elisa J Watson Living Trust and Watson
Current Estimated Value
$1,239,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$894,000
Outstanding Balance
$894,000
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$345,064

Purchase Details

Listed on
Jul 25, 2025
Closed on
Sep 4, 2025
Sold by
Gjt Holdings Llc
Bought by
Watson Elisa
Seller's Agent
Gabriel Trevizo
HomeSmart
Buyer's Agent
Ethan Starling
Gentry Real Estate
List Price
$1,350,000
Sold Price
$1,275,000
Premium/Discount to List
-$75,000
-5.56%
Views
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
-4.73%
Original Mortgage
$892,500
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2025
Sold by
Trust No N101rv and Scavarda Kenneth J
Bought by
Gjt Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Elisa J Watson Living Trust -- Security Title Agency
Watson Elisa $1,275,000 First American Title Insurance
Gjt Holdings Llc $800,000 First American Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Elisa J Watson Living Trust $894,000
Previous Owner Watson Elisa $892,500
Previous Owner Gjt Holdings Llc $735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Sold $1,275,000 -4.1% $290 / Sq Ft
09/04/2025 09/04/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $1,330,000 -1.5% $302 / Sq Ft
07/25/2025 07/25/25 For Sale $1,350,000 -- $307 / 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 $3,529 $38,756 -- --
2024 $2,834 $36,911 -- --
2023 $2,834 $69,220 $13,840 $55,380
2022 $2,751 $52,550 $10,510 $42,040
2021 $2,906 $44,360 $8,870 $35,490
2020 $2,863 $46,660 $9,330 $37,330
2019 $2,635 $36,920 $7,380 $29,540
2018 $2,551 $36,580 $7,310 $29,270
2017 $2,463 $34,900 $6,980 $27,920
2016 $2,553 $34,610 $6,920 $27,690
2015 $2,311 $33,410 $6,680 $26,730
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Gabriel Trevizo

    HomeSmart

    (602) 312-9571

    1 in this area

    15 Total Sales

    Gabriel Trevizo
    Section Image
  • Ethan Starling

    Buyer's Agent in 2025

    Ethan Starling

    Gentry Real Estate

    (541) 390-7601

    1 in this area

    6 Total Sales

    Ethan Starling
    Section Image
  • Reid Simpson

    Buyer Co-Listing Agent in 2025

    Reid Simpson

    Compass

    (480) 369-1085

    1 in this area

    76 Total Sales

    Reid Simpson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6884902

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-173

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

121 E Ivanhoe St, Gilbert, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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