$360,000
PENDING

3640 E Caleb Way Gilbert, AZ 85234

Val Vista Neighborhood

Estimated payment $2,072/month

3 Beds
2 Baths
1,387 Sq Ft
$260 Price per Sq Ft

Highlights

  • Private Pool
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Carol Rae Ranch Elementary Rated A-
  • 2 Car Direct Access Garage
  • Dual Vanity Sinks in Primary Bathroom

About This Home

Opportunity awaits in this 3-bedroom, 2-bath home located in a highly desirable Gilbert location. Offered AS-IS, this property is ideal for investors or buyers looking to add value with updates and improvements. The functional floor plan provides a solid starting point, and the prime location is hard to beat—just minutes from the Riparian Preserve, as well as nearby shopping and dining. With strong upside potential in a sought-after area, this is a great opportunity. Mortgage savings may be available for buyers of this listing

Listing Agent

Kimberly Lotz

Redfin Corporation License #SA537642000 Listed on: 12/16/2025

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1996

Lot Details

  • 7,013 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,387 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board

Schools

  • Carol Rae Ranch Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • No Interior Steps
  • North or South Exposure
  • Covered Patio or Porch

Community Details

  • Association fees include ground maintenance
  • Coral Rae Ranch Association, Phone Number (602) 957-9191
  • Built by Continental
  • Carol Rae Ranch Subdivision

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 304-07-162

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,560

Year Built

Built in 1996

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Cross Street: HIgley Rd. and Houston Ave.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 48.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2025
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: CAROL RAE RANCH
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 259.55
  • Association Fees:HOA Fee2: 145.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1387.0
  • Stories: 1
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exposure, Gravel/Stone Front
  • Pool Features: Diving Pool
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Fixer
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

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

  • Association Fee: 145.0
  • Association Fee Frequency: Quarterly
  • Association Name: Coral Rae Ranch
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Coral Rae Ranch
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 145.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Carol Rae Ranch Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7013.0
  • Parcel #: 304-07-162

Building Info

  • Builder Name: Continental

Tax Info

  • Tax Annual Amount: 1560.0
  • Tax Book Number: 304.00
  • Tax Lot: 120
  • Tax Map Number: 7.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $1,560 $19,867 -- --
2024 $1,511 $18,921 -- --
2023 $1,511 $33,930 $6,780 $27,150
2022 $1,464 $25,620 $5,120 $20,500
2021 $1,535 $23,950 $4,790 $19,160
2020 $1,512 $22,080 $4,410 $17,670
2019 $1,396 $20,130 $4,020 $16,110
2018 $1,359 $18,600 $3,720 $14,880
2017 $1,315 $17,180 $3,430 $13,750
2016 $1,359 $16,560 $3,310 $13,250
2015 $1,217 $15,900 $3,180 $12,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 For Sale $360,000 -- $260 / Sq Ft
12/16/2025 12/16/25 Pending -- -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $140,500 First American Title Ins Co
Trustee Deed $136,340 --
Interfamily Deed Transfer -- --
Warranty Deed $112,485 First American Title
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,280 New Conventional
Previous Owner $84,350 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6957956

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-162

Arizona Maricopa County Gilbert 85234 Val Vista

3640 E Caleb Way, Gilbert, AZ

Pending

Detached

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
Listing Agent
Kimberly Lotz
Section Image
Redfin Corporation
(602) 962-9373