$479,900
$20K PRICE DROP

3961 E Lexington Ave Unit 1 Gilbert, AZ 85234

Val Vista Neighborhood

Estimated payment $2,741/month

Total Views 4,996
3 Beds
2 Baths
1,632 Sq Ft
$294 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • Granite Countertops
  • 2 Car Direct Access Garage
  • Highland Park Elementary Rated A-
  • Covered Patio or Porch
  • Cul-De-Sac

About This Home

Welcome to 3961 E Lexington Ave, Gilbert, AZ 85234 - a beautifully maintained, move-in ready home located in the heart of the highly desirable Morrison Ranch area, without the premium price tag. Nestled on a quiet cul-de-sac, this property combines space, value, and location in one perfect package. Inside, you'll find a very clean and spacious layout with large living, family, and dining areas ideal for both entertaining and everyday comfort. The kitchen is updated with brand-new stainless steel appliances, and the master suite features a generous walk-in closet, dual sinks, a soaking tub, and a private bathroom. Enjoy the huge backyard with endless possibilities—room to create your dream outdoor space. Located just minutes from shopping, top-rated schools, dining, and freeways, this home delivers convenience and charm in a fantastic Gilbert neighborhood.

Listing Agent

Frank Gerola

Venture REI, LLC License #SA645607000 Listed on: 07/15/2025

Venture REI, LLC

Co-Listing Agent

Kevin McKiernan

Venture REI, LLC License #SA632762000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1996

Lot Details

  • 7,248 Sq Ft Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Laminate Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 304-15-645

Community Details

Overview

  • Association fees include ground maintenance
  • First Service Res Association, Phone Number (855) 333-5149
  • Holliday Farms Unit 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,851

Year Built

Built in 1996

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Cross Street: Recker Rd & Elliot
  • 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: 49.59
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: vrei03
  • Co List Office Phone: 480-636-4893
  • Subdivision Name: HOLLIDAY FARMS UNIT 1
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 148.77
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1632.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Cul-De-Sac, Gravel/Stone Back
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • 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
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 148.77
  • Association Fee Frequency: Quarterly
  • Association Name: Holliday Farms HOA
  • Phone: 855-333-5149
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Holliday Farms HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 148.77
  • Association Fees:Disclosure Fees HOA: 245.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: First Service Res

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 High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7248.0
  • Parcel #: 304-15-645

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1851.0
  • Tax Book Number: 304.00
  • Tax Lot: 92
  • Tax Map Number: 15.00

Map

Range of Values:

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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 $1,851 $20,507 -- --
2024 $1,859 $19,531 -- --
2023 $1,859 $34,570 $6,910 $27,660
2022 $1,808 $25,570 $5,110 $20,460
2021 $1,863 $24,220 $4,840 $19,380
2020 $1,834 $22,480 $4,490 $17,990
2019 $1,707 $20,780 $4,150 $16,630
2018 $1,659 $19,300 $3,860 $15,440
2017 $1,606 $17,860 $3,570 $14,290
2016 $1,616 $17,230 $3,440 $13,790
2015 $1,501 $16,520 $3,300 $13,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2025 10/06/25 Price Changed $479,900 -2.0% $294 / Sq Ft
09/20/2025 09/20/25 For Sale $489,900 0.0% $300 / Sq Ft
09/16/2025 09/16/25 Pending -- -- --
09/09/2025 09/09/25 For Sale $489,900 0.0% $300 / Sq Ft
09/02/2025 09/02/25 Pending -- -- --
08/21/2025 08/21/25 Price Changed $489,900 -2.0% $300 / Sq Ft
07/15/2025 07/15/25 For Sale $499,900 +5.2% $306 / Sq Ft
10/27/2021 10/27/21 Sold $475,000 -1.0% $291 / Sq Ft View Prior Sale
09/25/2021 09/25/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $479,900 -2.0% $294 / Sq Ft
08/27/2021 08/27/21 Price Changed $489,900 -1.6% $300 / Sq Ft
08/19/2021 08/19/21 For Sale $497,900 0.0% $305 / Sq Ft
09/01/2020 09/01/20 Rented $1,695 0.0% --
08/13/2020 08/13/20 Under Contract -- -- --
07/31/2020 07/31/20 Price Changed $1,695 -3.1% $1 / Sq Ft
06/17/2020 06/17/20 For Rent $1,750 +42.9% --
10/05/2015 10/05/15 Rented $1,225 0.0% --
09/17/2015 09/17/15 Under Contract -- -- --
09/15/2015 09/15/15 Price Changed $1,225 -1.6% $1 / Sq Ft
09/15/2015 09/15/15 For Rent $1,245 0.0% --
09/11/2015 09/11/15 Under Contract -- -- --
08/31/2015 08/31/15 For Rent $1,245 0.0% --
08/31/2015 08/31/15 Price Changed $1,245 -2.4% $1 / Sq Ft
08/24/2015 08/24/15 Off Market $1,275 -- --
08/16/2015 08/16/15 For Rent $1,275 +6.7% --
12/26/2013 12/26/13 Rented $1,195 0.0% --
12/11/2013 12/11/13 Under Contract -- -- --
12/08/2013 12/08/13 For Rent $1,195 +6.2% --
12/15/2012 12/15/12 Rented $1,125 -13.1% --
12/06/2012 12/06/12 Under Contract -- -- --
09/01/2012 09/01/12 For Rent $1,295 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $460,000 Zillow Closing Services Llc
Warranty Deed $482,786 Zillow Closing Services
Warranty Deed $174,900 Security Title Agency
Warranty Deed $143,000 First American Title
Quit Claim Deed -- First American Title
Joint Tenancy Deed $131,900 Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Previous Owner $132,360 Purchase Money Mortgage
Previous Owner $140,790 FHA
Previous Owner $118,700 New Conventional
Closed $25,000 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6892850

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-15-645