Chris Lundberg
Redeemed Real Estate
(623) 400-5946
140 Total Sales
3 in East Gilbert
$475K - $1.9M Price Range
1648 E Palomino Dr Gilbert, AZ 85296
East Gilbert NeighborhoodEstimated Value: $575,000 - $590,018
3
Beds
2.5
Baths
2,161
Sq Ft
$270/Sq Ft
Est. Value
Highlights
- Pool
- Solar Power System
- Loft
- Finley Farms Elementary School Rated A-
- Freestanding Bathtub
- Arizona Room
About This Home
As of April 2026CORNER OASIS!! Welcome to this beautifully upgraded 3-bedroom, 2.5-bathroom two-story home located on a desirable corner lot in the sought-after Rancho Cimarron community. This residence has been tastefully updated with new flooring, modern countertops, a stylish backsplash, and fresh interior paint throughout. The primary suite offers a luxurious retreat featuring a free-standing soaking tub, dual vanity, and a separate walk-in shower. Enjoy year-round comfort with a newer A/C unit, updated windows, and energy-efficient Tex-Cote Cool Wall paint. Step outside to a spacious backyard oasis complete with a sparkling swimming pool—perfect for entertaining or relaxing in privacy. A true gem in a prime neighborhood!
Last Agent to Sell the Property
HomeSmart License #SA666256000 Listed on: 10/17/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,961
Year Built
- Built in 1996
Lot Details
- 9,958 Sq Ft Lot
- Block Wall Fence
- Corner Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
- $48 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,161 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Vinyl Clad Windows
- Window Screens
- Great Room
- Family Room
- Formal Dining Room
- Loft
Kitchen
- Kitchen Updated in 2023
- Eat-In Kitchen
- Electric Oven
- Electric Range
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Floors Updated in 2023
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
- Bathroom Updated in 2023
- Primary Bathroom is a Full Bathroom
- Double Vanity
- Private Water Closet
- Freestanding Bathtub
- Separate Shower in Primary Bathroom
- Soaking Tub
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Eco-Friendly Details
- Solar Power System
Pool
Outdoor Features
- Balcony
- Covered Patio or Porch
- Arizona Room
Schools
- Finley Farms Elementary School
- Greenfield Elementary Middle School
- Gilbert High School
Utilities
- Central Air
- Heating Available
- Programmable Thermostat
- Plumbing System Updated in 2023
- Wiring Updated in 2023
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 86
- Assessor Parcel Number 304-21-114
Community Details
Overview
- Association fees include ground maintenance, street maintenance
- Rancho Cimarron Association, Phone Number (480) 345-0046
- Built by Diamond Key Homes
- Rancho Cimarron Subdivision
Recreation
- Community Playground
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2025
Closed on
Apr 2, 2026
Sold by
Toft and Toft Steven
Bought by
Seller's Agent
Brandon Shotwell
HomeSmart
Buyer's Agent
Brandi Spears
HomeSmart
List Price
$610,000
Sold Price
$580,000
Premium/Discount to List
-$30,000
-4.92%
Views
90
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,505
Avg. Annual Appreciation
0.96%
Original Mortgage
$566,000
Outstanding Balance
$563,734
Interest Rate
6.01%
Mortgage Type
VA
Estimated Equity
$18,771
Purchase Details
Closed on
Aug 19, 2016
Sold by
Toft Steven and Toft Tawnya
Bought by
Toft Tawnya and Toft Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,650
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 11, 2013
Closed on
Nov 22, 2013
Sold by
Koch Angela K and Koch Christopher A
Bought by
Toft Steven and Petersen Tawnya
Seller's Agent
Casey Jann
My Home Group Real Estate
Buyer's Agent
Tami Bayer
DeLex Realty
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$238,095
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 23, 2009
Sold by
Petre Angela K
Bought by
Koch Angela K and Koch Christopher A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 21, 2003
Sold by
Farhoud Amjad and Farhoud Barbara Y
Bought by
Petre Angela K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.22%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 16, 2001
Sold by
Farhoud Amjad and Gonzales Barbara Y
Bought by
Farhoud Amjad and Farhoud Barbara Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
7.14%
Purchase Details
Closed on
Apr 15, 1996
Sold by
Diamond Key Homes Inc
Bought by
Farhoud Amjad and Gonzales Barbara Y
Purchase Details
Closed on
Dec 11, 1995
Sold by
United Title Agency Inc
Bought by
Diamond Key Homes Inc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Gilbert, AZ
-
Chris Lundberg
-
Brett Martin
Brett Martin
Barrett Real Estate
(623) 299-7795
44 Total Sales
1 in East Gilbert
$450,000 Price
-
Ramon Verdugo
Ramon Verdugo
Axen Realty, LLC
(480) 739-3351
24 Total Sales
1 in East Gilbert
$555,000 Price
-
Keily Ringo Kasotakis
Keily Ringo Kasotakis
Arizona Best Real Estate
(224) 223-1471
81 Total Sales
1 in East Gilbert
$546,906 Price
-
Justin Roberts
Justin Roberts
Barrett Real Estate
(888) 513-4050
94 Total Sales
1 in East Gilbert
$670,000 Price
-
Ryan Hatcher
Ryan Hatcher
Keller Williams Integrity First Realty
(660) 696-3469
84 Total Sales
1 in East Gilbert
$445,000 Price
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 |
|---|---|---|---|
| $580,000 | First Integrity Title Agency O | ||
| Toft Tawnya | -- | Driggs Title Agency Inc | |
| Toft Steven | $260,000 | Fidelity National Title Agen | |
| Koch Angela K | -- | Servicelink | |
| Petre Angela K | $204,900 | Capital Title Agency Inc | |
| Farhoud Amjad | -- | Arizona Title Agency Inc | |
| Farhoud Amjad | $152,612 | Security Title Agency | |
| Diamond Key Homes Inc | $18,250 | Security Title Agency |
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 | $566,000 | ||
| Previous Owner | Toft Steven | $200,000 | |
| Previous Owner | Toft Tawnya | $210,650 | |
| Previous Owner | Toft Steven | $238,095 | |
| Previous Owner | Neptune Capital Company Llc | $5,000,000 | |
| Previous Owner | Koch Angela K | $139,292 | |
| Previous Owner | Koch Angela K | $147,200 | |
| Previous Owner | Petre Angela K | $50,000 | |
| Previous Owner | Petre Angela K | $30,000 | |
| Previous Owner | Petre Angela K | $163,900 | |
| Previous Owner | Farhoud Amjad | $149,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2026 04/03/26 | Sold | $580,000 | +0.9% | $268 / Sq Ft |
| 02/17/2026 02/17/26 | Price Changed | $575,000 | -4.2% | $266 / Sq Ft |
| 01/02/2026 01/02/26 | Price Changed | $599,999 | -1.6% | $278 / Sq Ft |
| 10/17/2025 10/17/25 | For Sale | $610,000 | -- | $282 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax 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.
| 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 | $2,039 | $26,678 | ||
| 2024 | $1,976 | $25,407 | ||
| 2023 | $1,976 | $42,860 | $8,570 | $34,290 |
| 2022 | $1,915 | $32,560 | $6,510 | $26,050 |
| 2021 | $2,022 | $30,820 | $6,160 | $24,660 |
| 2020 | $1,990 | $28,530 | $5,700 | $22,830 |
| 2019 | $1,829 | $26,470 | $5,290 | $21,180 |
| 2018 | $1,775 | $24,700 | $4,940 | $19,760 |
| 2017 | $1,714 | $23,360 | $4,670 | $18,690 |
| 2016 | $1,767 | $22,680 | $4,530 | $18,150 |
| 2015 | $1,618 | $21,810 | $4,360 | $17,450 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Shotwell
Seller's Agent in 2026
Brandon Shotwell
HomeSmart
(602) 230-7600
1 in this area
46 Total Sales
-
Brandi Spears
Buyer's Agent in 2026
Brandi Spears
HomeSmart
(480) 355-4700
1 in this area
4 Total Sales
-
Casey Jann
Seller's Agent in 2013
Casey Jann
My Home Group Real Estate
(480) 236-8610
2 in this area
98 Total Sales
-
Tami Bayer
TB
Buyer's Agent in 2013
Tami Bayer
DPR Realty
(480) 854-2400
1 in this area
17 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6935501
APN: 304-21-114
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.
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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