NOT LISTED FOR SALE

3942 E Penedes Dr Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $1,763,000 - $1,943,000

3 Beds
4 Baths
3,094 Sq Ft
$596/Sq Ft Est. Value

About This Home

This home is located at 3942 E Penedes Dr, Gilbert, AZ 85298 and is currently estimated at $1,843,899, approximately $595 per square foot. 3942 E Penedes Dr is a home located in Maricopa County with nearby schools including Willie & Coy Payne Jr. High School and Rice Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2025
Sold by
Ocotillo 29 Llc
Bought by
Omatsu Family Living Trust and Omatsu
Current Estimated Value
$1,843,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,255,387
Outstanding Balance
$1,254,076
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$589,823
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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 Buyer Sale Price Title Company
Omatsu Family Living Trust $1,855,967 Lawyers Title Of Arizona
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omatsu Family Living Trust $1,255,387
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 $550 $5,167 $5,167 --
2024 $532 $4,921 $4,921 --
2023 $532 $17,295 $17,295 $0
2022 $506 $8,115 $8,115 $0
Source: Public Records

Map

Arizona Maricopa County Gilbert 85298 South Gilbert

3942 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.

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