RENTED MAR 25, 2026

4135 E Waterman Ct Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $492,000 - $526,000

3 Beds
2.5 Baths
1,927 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $515,000 $267 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,040/month

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Centennial Elementary School Rated A
  • Santa Fe Architecture
  • Tennis Courts

About This Home

As of March 2026

This home is located at 4135 E Waterman Ct, Gilbert, AZ 85297 since 31 December 2025 and is currently priced at $506,328. This property was built in 2009. 4135 E Waterman Ct is a home located in Maricopa County with nearby schools including Centennial Elementary School, Sossaman Middle School, and Higley High School.

Last Agent to Rent the Property

Ben Marquez

eXp Realty License #SA653939000 Listed on: 12/31/2025

eXp Realty

Co-Listed By

Andres Marquez

eXp Realty License #SA682526000

eXp Realty

Last Renter's Agent

Andres Marquez

eXp Realty License #SA682526000

eXp Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 4,982 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,927 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Solar Screens
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Double Vanity

Schools

  • Centennial Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating Available
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 12/31/25
  • Lease Option
  • 12-Month Minimum Lease Term
  • Tax Lot 31
  • Assessor Parcel Number 313-05-844

Community Details

Overview

  • Power Ranch Association, Phone Number (480) 988-0960
  • Power Ranch Neighborhood 11 Parcel C Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

4,982 Sq Ft Lot

HOA Fees

$104 per month

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2025-12-31

Listing Details

  • Cross Street: Pecos Rd and Power Rd
  • Property Type: Residential Lease
  • Separate Den Office Sep Den Office: N
  • Year Built: 2009
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: xpre08
  • Co List Office Phone: 888-897-7821
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 11 PARCEL C
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Dishwasher, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Double Vanity, Breakfast Bar, Eat-in Kitchen, Kitchen Island, Upstairs
  • Living Area: 1927.0
  • Stories: 2
  • Window Features: Blinds, Solar Screens, Dual Pane

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Synthetic Grass Back
  • Pool Private: No
  • Common Walls: Two Levels
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Inside, Upper Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Biking/Walking Path, Playground, Clubhouse, Tennis Court(s), Fitness Center, Pickleball
  • Association Fee: 312.0
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch
  • Phone: 4809880960
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Centennial Elementary School
  • High School: Higley High School
  • Junior High Dist: Higley Unified School District
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Lot Size Sq Ft: 4982.0
  • Parcel #: 313-05-844

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 313.0
  • Tax Lot: 31
  • Tax Map Number: 5.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Oct 27, 2023
Sold by
Frosina Bryan
Bought by
Martinez Ricardo
Seller's Agent
Grace Rothermund
HUNT Real Estate ERA
Buyer's Agent
Andres Marquez
eXp Realty
List Price
$505,000
Sold Price
$515,000
Premium/Discount to List
$10,000
1.98%
Views
31
Current Estimated Value
$506,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,672
Avg. Annual Appreciation
-0.71%
Original Mortgage
$468,050
Outstanding Balance
$457,668
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$48,660

Purchase Details

Closed on
Aug 3, 2009
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Frosina Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,913
Interest Rate
5.09%
Mortgage Type
FHA
Source: Public Records
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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
Martinez Ricardo $515,000 Chicago Title Agency
Frosina Bryan $193,417 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ricardo $468,050
Previous Owner Frosina Bryan $189,913
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2026 03/25/26 Rented $2,800 0.0% --
03/19/2026 03/19/26 Under Contract -- -- --
02/03/2026 02/03/26 For Rent $2,800 0.0% --
02/02/2026 02/02/26 Off Market $2,800 -- --
01/02/2026 01/02/26 Off Market $2,800 -- --
12/31/2025 12/31/25 For Rent $2,800 0.0% --
10/27/2023 10/27/23 Sold $515,000 -1.0% $267 / Sq Ft View Prior Sale
09/16/2023 09/16/23 Price Changed $520,000 +3.0% $270 / Sq Ft
09/16/2023 09/16/23 Price Changed $505,000 0.0% $262 / Sq Ft
09/16/2023 09/16/23 For Sale $505,000 0.0% $262 / Sq Ft
08/14/2023 08/14/23 For Sale $505,000 -- $262 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,773 $26,452 -- --
2024 $2,100 $25,193 -- --
2023 $2,100 $36,250 $7,250 $29,000
2022 $2,007 $26,500 $5,300 $21,200
2021 $2,068 $24,320 $4,860 $19,460
2020 $2,108 $23,980 $4,790 $19,190
2019 $2,041 $21,010 $4,200 $16,810
2018 $1,969 $19,770 $3,950 $15,820
2017 $1,897 $19,250 $3,850 $15,400
2016 $1,895 $19,900 $3,980 $15,920
2015 $1,685 $20,600 $4,120 $16,480
Source: Public Records

Agents Affiliated with this Home

  • Ben Marquez

    Landlord's Agent in 2026

    Ben Marquez

    eXp Realty

    (480) 580-6876

    2 in this area

    205 Total Sales

    Ben Marquez
    Section Image

  • A

    Landlord's Co-Listing Agent in 2026

    Andres Marquez

    eXp Realty

    (602) 525-3224

    2 in this area

    49 Total Sales

    Andres Marquez
    Section Image

  • G

    Seller's Agent in 2023

    Grace Rothermund

    Hunt Real Estate

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6962057

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-05-844

Arizona Maricopa County Gilbert 85297 Power Ranch

4135 E Waterman Ct, Gilbert, AZ

Not Listed for Sale

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

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