3540 E Morelos Ct Gilbert, AZ 85295
Higley NeighborhoodEstimated payment $4,094/month
Highlights
- Pool
- Solar Power System
- Santa Barbara Architecture
- Chaparral Elementary School Rated A-
- Reverse Osmosis System
- Loft
About This Home
Great opportunity to purchase what may be the very best value in Gilbert. This incredible opportunity includes a fully paid solar system with backup battery, helping cut the electric bill nearly in half and adding major long-term value for the next owner. Pool fence is included and was removed for photos. Welcome to the Gilbert lifestyle buyers are searching for. Tucked into a cul-de-sac in Pecos Park, this beautifully refreshed home offers space, flexibility, and an unbeatable location near neighborhood parks, SanTan Village, Epicenter at Agritopia, dining, shopping, entertainment, highly rated schools, and multiple freeway access points. Fresh interior and exterior paint create a clean, updated feel, while the functional floor plan includes generous living . . . and dining spaces, a dedicated den, and an open-concept great room with a cozy gas fireplace. A downstairs bedroom and full bath provide the perfect setup for guests, multigenerational living, or a private office. Upstairs, the huge loft is a true bonus space and is currently set up as an office for two people plus a crafts area. With its impressive size and flexibility, it could easily function as a full gym, playroom, movie theater, billiards room, homework space, second living area, or whatever fits your lifestyle best. The kitchen offers generous cabinetry, expansive counter space, a large peninsula perfect for prep or casual dining, rich stone backsplash, and sleek dark countertops. The spacious primary suite includes dual vanities, a soaking tub, separate glass shower, and double closets. Step outside to a backyard retreat built for Arizona living with a sparkling pool, extended covered patio, low-maintenance landscaping, outdoor shower, and plenty of room to relax or entertain. Parking is another major bonus, with a 3-car garage plus pad parking for at least three additional vehicles. Located in one of Gilbert's most convenient neighborhoods, this home delivers lifestyle, location, flexibility, and value in one rare package.
Listing Agent
Keller Williams Integrity First Realty License #SA664812000 Listed on: 03/26/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,622
Year Built
- Built in 2002
Lot Details
- 7,475 Sq Ft Lot
- Desert faces the front of the property
- Cul-De-Sac
- Artificial Turf
HOA Fees
- $94 Monthly HOA Fees
Parking
- 4 Open Parking Spaces
- 3 Car Garage
Home Design
- Santa Barbara Architecture
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 3,348 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Family Room with Fireplace
- Great Room
- Combination Dining and Living Room
- Loft
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Gas Stub for Range
- Reverse Osmosis System
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- 3 Full Bathrooms
- Double Vanity
- Separate Shower in Primary Bathroom
- Soaking Tub
- Bathtub With Separate Shower Stall
Eco-Friendly Details
- North or South Exposure
- Solar Power System
Pool
Outdoor Features
- Covered Patio or Porch
Schools
- Chaparral Elementary School
- Cooley Middle School
- Williams Field High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Water Softener is Owned
- High Speed Internet
- Multiple Phone Lines
- Cable TV Available
Listing and Financial Details
- Tax Lot 44
- Assessor Parcel Number 304-48-667
- $3 Seller Concession
Community Details
Overview
- Association fees include ground maintenance
- City Property Manage Association, Phone Number (602) 437-4777
- Built by Ryland
- Pecos Park 2 Subdivision
Recreation
- Community Playground
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,622 | $34,749 | ||
| 2024 | $2,805 | $33,094 | ||
| 2023 | $2,805 | $51,730 | $10,340 | $41,390 |
| 2022 | $2,678 | $38,010 | $7,600 | $30,410 |
| 2021 | $2,743 | $35,550 | $7,110 | $28,440 |
| 2020 | $2,784 | $33,810 | $6,760 | $27,050 |
| 2019 | $2,689 | $31,070 | $6,210 | $24,860 |
| 2018 | $2,611 | $29,460 | $5,890 | $23,570 |
| 2017 | $2,517 | $28,180 | $5,630 | $22,550 |
| 2016 | $2,509 | $27,550 | $5,510 | $22,040 |
| 2015 | $2,234 | $26,910 | $5,380 | $21,530 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2026 06/30/26 | Pending | -- | -- | -- | |
| 06/22/2026 06/22/26 | For Sale | $699,999 | 0.0% | $209 / Sq Ft | |
| 06/21/2026 06/21/26 | Off Market | $699,999 | -- | -- | |
| 06/12/2026 06/12/26 | Price Changed | $699,999 | 0.0% | $209 / Sq Ft | |
| 06/12/2026 06/12/26 | For Sale | $699,999 | -0.7% | $209 / Sq Ft | |
| 06/11/2026 06/11/26 | Off Market | $704,900 | -- | -- | |
| 06/06/2026 06/06/26 | Price Changed | $704,900 | -2.8% | $211 / Sq Ft | |
| 05/14/2026 05/14/26 | Price Changed | $725,000 | -1.4% | $217 / Sq Ft | |
| 04/30/2026 04/30/26 | Price Changed | $735,000 | -1.3% | $220 / Sq Ft | |
| 03/26/2026 03/26/26 | For Sale | $745,000 | +62.0% | $223 / Sq Ft | |
| 06/25/2020 06/25/20 | Sold | $460,000 | +1.3% | $137 / Sq Ft | View Prior Sale |
| 05/20/2020 05/20/20 | For Sale | $453,900 | +39.7% | $136 / Sq Ft | |
| 07/16/2012 07/16/12 | Sold | $325,000 | -4.4% | $97 / Sq Ft | View Prior Sale |
| 05/21/2012 05/21/12 | For Sale | $340,000 | 0.0% | $102 / Sq Ft | |
| 05/18/2012 05/18/12 | Pending | -- | -- | -- | |
| 05/02/2012 05/02/12 | For Sale | $340,000 | -- | $102 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Driggs Title Agency | |
| Warranty Deed | $460,000 | Old Republic Title Agency | |
| Warranty Deed | $460,000 | None Available | |
| Interfamily Deed Transfer | -- | Clear Title Agency Of Arizon | |
| Warranty Deed | $325,000 | Clear Title Agency Of Arizon | |
| Special Warranty Deed | -- | Servicelink | |
| Trustee Deed | $287,100 | Security Title Agency | |
| Interfamily Deed Transfer | -- | Title Guaranty Agency Az Inc | |
| Warranty Deed | $529,000 | Lawyers Title Ins | |
| Cash Sale Deed | $174,619 | Transnation Title Insurance | |
| Special Warranty Deed | $255,554 | Transnation Title Insurance |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $446,500 | New Conventional | |
| Previous Owner | $420,013 | New Conventional | |
| Previous Owner | $308,750 | New Conventional | |
| Previous Owner | $196,000 | Purchase Money Mortgage | |
| Previous Owner | $440,000 | New Conventional | |
| Previous Owner | $423,200 | New Conventional | |
| Previous Owner | $340,000 | Credit Line Revolving | |
| Previous Owner | $248,000 | Credit Line Revolving | |
| Previous Owner | $229,950 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7000573
APN: 304-48-667
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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Ask me questions while you tour the home.