$420,000
SOLD JUN 13, 2025
3 Beds
2.5 Baths
1,488 Sq Ft
3,111 Sq Ft Lot

Recently Sold

$282 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Covered Patio or Porch
  • Higley Traditional Academy Rated A
  • Community Pool
  • 5-minute walk to Lyons Gate Community Park And Playground

About This Home

As of June 2025

Discover the charm of 2994 E Megan St, Gilbert, AZ 85295, a fantastic 3-bedroom, 2.5-bathroom single-family home, perfectly located within walking distance to the vibrant restaurants and shops at Agritopia. Built in 2007, this 1,488-square-foot gem offers a blend of modern elegance and cozy comfort. Step into a beautifully appointed kitchen boasting sleek granite countertops, stainless steel appliances including a dishwasher, refrigerator, electric range/oven, built-in microwave, plus a convenient pantry. The low maintenance and spacious backyard is perfect for entertaining!

Last Agent to Sell the Property

Frank Morales

HomeSmart License #BR635662000 Listed on: 05/02/2025

HomeSmart

Co-Listed By

Andrea Peter

HomeSmart License #SA566815000

Last Buyer's Agent

Matthew Potter

Real Broker License #SA647555000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 2007

Lot Details

  • 3,111 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Higley Traditional Academy Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 521
  • Assessor Parcel Number 313-13-536

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • City Property Mgmt. Association, Phone Number (602) 437-4777
  • Built by WILLIAM LYON HOMES
  • Lyons Gate Phase 3 And 4 Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,621

Year Built

Built in 2007

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Cross Street: RAY/HIGLEY
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 130.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2024
  • Directions: From Hwy 202: Head south on Higley Rd, turn right on Ray Rd, turn left on S Banning St, turn right on Megan St. Home is on right side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: LYONS GATE PHASE 3 AND 4
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 130.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1488.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Front, Gravel/Stone Back, Auto Timer H2O Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground, Biking/Walking Path
  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association Name: Lyons Gate
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 750.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lyons Gate
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 260.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 185.0
  • Association Fees:Other Fees Description: New owner disclosure
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt.
  • Association Fees:HOA Management Phone: 602-437-4777
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Higley Traditional Academy
  • 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: 3111.0
  • Parcel #: 313-13-536

Building Info

  • Builder Name: WILLIAM LYON HOMES

Tax Info

  • Tax Annual Amount: 1621.0
  • Tax Book Number: 313.00
  • Tax Lot: 521
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jun 8, 2025
Sold by
Lundin Steven Ray
Bought by
Wheeler Deona
Seller's Agent
Frank Morales
HomeSmart
Buyer's Agent
Matthew Potter
Real Broker
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%
Original Mortgage
$238,000
Outstanding Balance
$238,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$183,863

Purchase Details

Listed on
May 2, 2025
Closed on
Jun 4, 2025
Sold by
Lundin Jessica Nicole
Bought by
Lundin Steven
Seller's Agent
Frank Morales
HomeSmart
Buyer's Agent
Matthew Potter
Real Broker
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$238,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$183,863

Purchase Details

Closed on
Aug 10, 2023
Sold by
John P & Becky P Martin Living Trust
Bought by
Lundin Steven Ray

Purchase Details

Closed on
Nov 23, 2022
Sold by
Bend Property Holdings Llc
Bought by
John P & Becky P Martin Living Trust

Purchase Details

Closed on
Sep 9, 2022
Sold by
Martin John P
Bought by
Bend Property Holdings Llc

Purchase Details

Closed on
Jun 6, 2022
Sold by
Martin Becky P and Martin John P
Bought by
John P And Becky P Martin Trust

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 4, 2022
Sold by
James Clark Jeffery and James Kristen R
Bought by
Martin Becky P and Martin John P
Seller's Agent
Elizabeth Cooke
West USA Realty
Buyer's Agent
Frank Morales
HomeSmart
List Price
$460,000
Sold Price
$475,000
Premium/Discount to List
$15,000
3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.34%
Original Mortgage
$75,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 28, 2019
Sold by
Kelly Megan L
Bought by
Clark Jeffery James and Clark Kristen R
Seller's Agent
Debbie Knight
AZ Brokerage Holdings, LLC
Buyer's Agent
Elizabeth Cooke
West USA Realty
List Price
$259,900
Sold Price
$257,000
Premium/Discount to List
-$2,900
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.36%
Original Mortgage
$249,290
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2015
Closed on
Nov 17, 2015
Sold by
Miller Arden P and Miller Karen D
Bought by
Kelly Megan Lura
Seller's Agent
Heather Werner
Ravenswood Realty
Buyer's Agent
Liz Krish
West USA Realty
List Price
$200,000
Sold Price
$198,000
Premium/Discount to List
-$2,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$188,100
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2010
Sold by
Fannie Mae
Bought by
Miller Arden P and Miller Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2010
Sold by
Montes Luis E and Torres Jessica G
Bought by
Fannie Mae Federal National Mortgage Ass

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2010
Sold by
Montes Luis E and Torres Jessica G
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2007
Sold by
William Lyon Southwest Inc
Bought by
Montes Luis E and Torres Jessica G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,250
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $420,000 Navi Title Agency
Warranty Deed -- Navi Title Agency
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- None Listed On Document
Warranty Deed $475,000 Old Republic Title
Warranty Deed $257,000 Infinity Title Agency
Warranty Deed $198,000 Grand Canyon Title Agency
Special Warranty Deed $115,000 Old Republic Title Agency
Trustee Deed $216,197 Lawyers Title Company
Trustee Deed $216,197 None Available
Deed $231,263 Security Title Agency Inc
Special Warranty Deed -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,000 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $246,100 New Conventional
Previous Owner $249,290 New Conventional
Previous Owner $188,100 New Conventional
Previous Owner $86,250 New Conventional
Previous Owner $231,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Off Market $420,000 -- --
06/13/2025 06/13/25 Sold $420,000 -2.1% $282 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $429,000 -9.7% $288 / Sq Ft
03/18/2022 03/18/22 Sold $475,000 +3.3% $319 / Sq Ft
02/16/2022 02/16/22 For Sale $460,000 +79.0% $309 / Sq Ft
09/03/2019 09/03/19 Sold $257,000 -1.1% $173 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $259,900 0.0% $175 / Sq Ft
06/27/2017 06/27/17 Under Contract -- -- --
06/26/2017 06/26/17 Rented $1,450 0.0% --
06/03/2017 06/03/17 For Rent $1,450 0.0% --
11/24/2015 11/24/15 Sold $198,000 -1.0% $133 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $200,000 -- $134 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $1,621 $17,063 -- --
2024 $1,718 $16,251 -- --
2023 $1,718 $29,030 $5,800 $23,230
2022 $1,650 $22,000 $4,400 $17,600
2021 $1,421 $19,980 $3,990 $15,990
2020 $1,449 $18,630 $3,720 $14,910
2019 $1,644 $16,730 $3,340 $13,390
2018 $1,591 $15,510 $3,100 $12,410
2017 $1,303 $14,480 $2,890 $11,590
2016 $1,326 $13,860 $2,770 $11,090
2015 $1,157 $12,970 $2,590 $10,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6860682

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-13-536