$405,000
$44K PRICE DROP

1281 E Frances Ln Gilbert, AZ 85295

San Tan Village Neighborhood

Estimated payment $2,345/month

Total Views 9,789
2 Beds
2.5 Baths
1,615 Sq Ft
$251 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • Dual Vanity Sinks in Primary Bathroom
  • Spectrum Elementary School Rated A
  • Eat-In Kitchen
  • Community Playground

About This Home

Location, Livability & Investment Potential! Nestled in the heart of Gilbert, this charming 2 bedroom, 2 bathroom home is an incredible opportunity for first-time buyers or savvy investors. With its prime location just minutes from SanTan Village, Loop 202, shopping, dining, and top-rated schools, this home offers unbeatable convenience and lifestyle perks. Step inside to find a bright, open layout with stylish wood floors, vaulted ceilings, and a cozy double-sided fireplace that warms both the living and dining spaces. The spacious kitchen is complete with stainless steel appliances, granite counters, and rich cabinetry—perfect for cooking or entertaining. Upstairs, enjoy an abundance of natural light and direct access to a private balcony ideal for morning coffee or evening relaxation. The generously sized backyard is a blank canvas with endless potential plenty of space to build your dream outdoor retreat. Whether you're looking to settle into your first home or expand your rental portfolio, this home checks all the boxes: location, layout, and long-term value. Don't miss your chance to own in one of Gilbert's most desirable neighborhoods!
This one won't last!

Listing Agent

Kara Beecroft

The Ave Collective License #SA684559000 Listed on: 10/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 2004

Lot Details

  • 5,750 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,615 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Spectrum Elementary School
  • South Valley Jr. High Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 304-46-124

Community Details

Overview

  • Association fees include no fees
  • Villa Lante Association, Phone Number (480) 726-8080
  • Spectrum At Val Vista Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 2004

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Cross Street: Val Vista & Pecos
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 95.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: SPECTRUM AT VAL VISTA
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 286.5
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1615.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Dirt Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 286.5
  • Association Fee Frequency: Quarterly
  • Association Name: Villa Lante
  • Phone: 480-726-8080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 111.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Villa Lante
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Spectrum Elementary
  • High School: Gilbert 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: 5750.0
  • Parcel #: 304-46-124

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1363.0
  • Tax Book Number: 304.00
  • Tax Lot: 103
  • Tax Map Number: 46.00

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

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 $1,417 $18,438 -- --
2024 $1,374 $17,560 -- --
2023 $1,374 $31,460 $6,290 $25,170
2022 $1,333 $23,730 $4,740 $18,990
2021 $1,403 $22,650 $4,530 $18,120
2020 $1,380 $20,130 $4,020 $16,110
2019 $1,270 $18,660 $3,730 $14,930
2018 $1,231 $17,610 $3,520 $14,090
2017 $1,188 $16,910 $3,380 $13,530
2016 $1,218 $16,570 $3,310 $13,260
2015 $1,118 $15,820 $3,160 $12,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Price Changed $405,000 -5.1% $251 / Sq Ft
10/23/2025 10/23/25 Price Changed $426,900 -4.9% $264 / Sq Ft
10/03/2025 10/03/25 For Sale $449,000 -- $278 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $449,000 Chicago Title Agency
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $196,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,000 New Conventional
Previous Owner $202,984 VA
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6930362

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-46-124

Arizona Maricopa County Gilbert 85295 San Tan Village

1281 E Frances Ln, Gilbert, AZ

For Sale

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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Kara Beecroft
Listing Agent
Kara Beecroft
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The Ave Collective
(602) 377-4141