NOT LISTED FOR SALE

2441 E Penedes Dr Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $670,000 - $709,001

5 Beds
4 Baths
2,880 Sq Ft
$239/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2026

Last sale price $675,000 $234 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,029 / mo

65 Days on Market

Highlights

  • Reverse Osmosis System
  • Mountain View
  • Great Room
  • Chandler Traditional Academy-Freedom Rated A
  • Corner Lot
  • Granite Countertops

About This Home

As of May 2026

Stunning single level Fulton home with 5 beds and 4 full baths. Tile throughout with carpet in 3 bedrooms plus a den/office. Upgraded cabinets and granite counters, gas appliances and an island. Close to shopping and dining and much more. Don't miss your opportunity to own this amazing home.

Last Agent to Sell the Property

John Lake

eXp Realty License #BR573019000 Listed on: 02/27/2026

eXp Realty

Last Buyer's Agent

Stephanie Thompson

Redfin Corporation License #SA681410000

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 2013

Lot Details

  • 8,399 Sq Ft Lot
  • Desert faces the front and back of the property
  • Back Yard Fenced
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Double Vanity
  • Private Water Closet

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Coronado Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 422
  • Assessor Parcel Number 304-81-697

Community Details

Overview

  • Association fees include ground maintenance
  • Trestle Mgt Group Association, Phone Number (480) 422-0888
  • Built by Fulton
  • Freeman Farms Phase 3 Parcel 3 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 2013

Lot Details

8,399 Sq Ft Lot

HOA Fees

$108 per month

Parking

2

Listing Details

  • Cross Street: Ocotillo & Greenfield
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 108.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2013
  • Tax Year: 2025
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Surface Type: Asphalt
  • Subdivision Name: FREEMAN FARMS PHASE 3 PARCEL 3
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 234.37
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Ceiling Fan(s), Central Air
  • Other Rooms:Other Rooms: Great Room
  • Technology:Technology: Cable TV Avail, High Speed Internet
  • Road Surface Type:Road Surface Type: Asphalt
  • Foundation Details:Foundation Details: Slab
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Cooktop, Microwave, Reverse Osmosis, Built-In Gas Oven, Gas Range, Washer, Dryer, Water Softener Owned
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Double Vanity, Eat-in Kitchen, Pantry, Kitchen Island, Granite Counters, High Speed Internet, Master Downstairs
  • Living Area: 2880.0
  • Stories: 1
  • Window Features: Dual Pane
  • Dining Area:Dining Area: Eat-in Kitchen
  • Interior Features:Interior Features: Water Softener Owned
  • Kitchen Features:Kitchen Features: Dishwasher, Disposal, Refrigerator, Pantry, Kitchen Island, Gas Cooktop, Built-in Microwave, Reverse Osmosis, Granite Counters, Built-In Gas Oven, Gas Range
  • Laundry:Laundry: Washer Included, Dryer Included
  • Master Bathroom:Master Bathroom: 3/4 Bath Master Bdrm, Double Vanity, Private Toilet Room
  • Master Bedroom:Master Bedroom: Downstairs
  • Window Features:Window Features: Dual Pane

Exterior Features

  • Fencing: Block, Back Yard
  • Exterior Features: Rain Gutters
  • Lot Features: Corner Lot, North/South Exposure, Desert Front, Desert Back, Sprinklers In Front, Sprinklers In Rear, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Concrete
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: SRP, SW Gas

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 324.0
  • Association Fee Frequency: Quarterly
  • Association Name: Freeman Farms
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 518.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 324.0
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fees:HOA Management Company: Trestle Mgt Group
  • Association Fees:HOA Management Phone: 480-422-0888

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Coronado Elementary School
  • High School: Williams Field High School
  • Junior High Dist: Higley Unified School District
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8399.0
  • Parcel #: 304-81-697

Building Info

  • Builder Name: Fulton

Tax Info

  • Tax Annual Amount: 3278.0
  • Tax Book Number: 304.0
  • Tax Lot: 422
  • Tax Map Number: 81.0

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
Feb 27, 2026
Closed on
May 26, 2026
Sold by
Lue Lake and Lake Family Trust
Bought by
Seller's Agent
John Lake
eXp Realty
Buyer's Agent
Stephanie Thompson
Redfin Corporation
List Price
$774,900
Sold Price
$675,000
Premium/Discount to List
-$99,900
-12.89%
Views
127
Current Estimated Value
$687,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,250
Avg. Annual Appreciation
7.46%
Original Mortgage
$540,000
Outstanding Balance
$539,493
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$147,757

Purchase Details

Closed on
Dec 18, 2024
Sold by
Lake Carlene Lue
Bought by
Lake Family Trust and Lake

Purchase Details

Closed on
Dec 17, 2013
Sold by
Lake Carlene L and Lake John H
Bought by
Lake John H

Purchase Details

Closed on
May 31, 2013
Sold by
Fulton Homes Corporation
Bought by
Fulton Homes Sales Corporation
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Gilbert, AZ

  • Elizabeth Corvelo Real Estate Agent - W and Partners, LLC

    Elizabeth Corvelo

    W and Partners, LLC

    (520) 666-7486

    62 Total Sales

    1 in South Gilbert

    $2,000,000 Price

    Elizabeth Corvelo
     Section Image
  • Annmarie Johnson Real Estate Agent - Real Broker

    Annmarie Johnson

    Real Broker

    (623) 888-8094

    161 Total Sales

    2 in South Gilbert

    $899K - $1.3M Price Range

    Annmarie Johnson
     Section Image
  • Dena Greenawalt Real Estate Agent - RE/MAX Fine Properties

    Dena Greenawalt

    RE/MAX Fine Properties

    (623) 263-8553

    76 Total Sales

    1 in South Gilbert

    $653,500 Price

    Dena Greenawalt
     Section Image
  • Ruben Luna Real Estate Agent - eXp Realty

    Ruben Luna

    eXp Realty

    (623) 323-9793

    2,311 Total Sales

    2 in South Gilbert

    $770K - $1.3M Price Range

    Ruben Luna
     Section Image
  • Lynette Clemens Real Estate Agent - Keller Williams Realty Sonoran Living

    Lynette Clemens

    Keller Williams Realty Sonoran Living

    (833) 558-7589

    151 Total Sales

    2 in South Gilbert

    $749K - $830K Price Range

    Lynette Clemens
     Section Image
  • Bryan Choate Real Estate Agent - eXp Realty

    Bryan Choate

    eXp Realty

    (480) 725-2014

    73 Total Sales

    2 in South Gilbert

    $545K - $850K Price Range

    Bryan Choate
     Section Image
See All Agents

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
$675,000 Rocket Close
Lake Family Trust -- --
Lake John H -- First American Title Ins Co
Fulton Homes Sales Corporation $211,250 First American Title Ins Co
Lake John H $433,515 First American Title Ins Co
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 $540,000
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
05/29/2026 05/29/26 Sold $675,000 -3.6% $234 / Sq Ft
05/03/2026 05/03/26 Pending -- -- --
04/22/2026 04/22/26 Price Changed $699,999 -1.4% $243 / Sq Ft
04/12/2026 04/12/26 Price Changed $709,999 -2.1% $247 / Sq Ft
03/24/2026 03/24/26 Price Changed $724,999 -3.3% $252 / Sq Ft
03/09/2026 03/09/26 Price Changed $749,999 -3.2% $260 / Sq Ft
02/27/2026 02/27/26 For Sale $774,900 -- $269 / 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 $3,278 $41,100
2024 $3,145 $39,143
2023 $3,145 $54,370 $10,870 $43,500
2022 $3,026 $41,810 $8,360 $33,450
2021 $3,154 $38,080 $7,610 $30,470
2020 $3,138 $37,110 $7,420 $29,690
2019 $3,015 $34,430 $6,880 $27,550
2018 $2,908 $32,570 $6,510 $26,060
2017 $2,705 $32,780 $6,550 $26,230
2016 $2,591 $32,930 $6,580 $26,350
2015 $2,521 $30,800 $6,160 $24,640
Source: Public Records

Agents Affiliated with this Home

  • JL

    Seller's Agent in 2026

    John Lake

    eXp Realty

    1 in this area

    12 Total Sales

    John Lake
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6991582

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-81-697

Arizona Maricopa County Gilbert 85298 South Gilbert

2441 E Penedes Dr, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.