$480,000
SOLD JAN 28, 2025
3 Beds
2 Baths
1,308 Sq Ft
7,275 Sq Ft Lot

Recently Sold

$367 Per Sq Ft

8% Below List Price

108 Days on Market

Highlights

  • Solar Power System
  • Vaulted Ceiling
  • Corner Lot
  • Towne Meadows Elementary School Rated A-
  • 1 Fireplace
  • 5-minute walk to Towne Meadows Park

About This Home

As of January 2025

Welcome to 4226 East Towne Ln, a stunning newly renovated single-level home in the heart of Gilbert! This meticulously designed 3-bedroom, 2-bathroom home spans 1,308 square feet and showcases the perfect blend of modern comfort and stylish living. With a 2-car garage, and a beautifully manicured yard, this property offers both convenience and curb appeal. Expertly decorated by an interior designer for VRBO, every detail in this home has been carefully curated to provide a luxurious and welcoming atmosphere. Whether you're looking for a primary residence or a prime investment opportunity, this home is move-in ready and waiting for you to make it your own!

Last Agent to Sell the Property

Chantel Gutierrez-Davis

Perk Prop Real Estate License #BR684490000 Listed on: 08/28/2024

Co-Listed By

Benjamin Brown

Perk Prop Real Estate License #SA704521000

Last Buyer's Agent

Sarah Gates

Keller Williams Realty Sonoran Living License #SA624690000

Keller Williams Realty Sonoran Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1991

Lot Details

  • 7,275 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Towne Meadows Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • No Interior Steps
  • Solar Power System
  • Covered patio or porch

Community Details

  • Association fees include ground maintenance
  • Rcp Community Manage Association, Phone Number (480) 813-6788
  • Built by RYLAND HOMES
  • Towne Meadows Amd Lot 1 591 Tr A Subdivision

Listing and Financial Details

  • Tax Lot 507
  • Assessor Parcel Number 304-06-542

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

Year Built

Built in 1991

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Cross Street: Power and Guadalupe
  • 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: 23.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1991
  • Tax Year: 2023
  • Directions: Head South on S Power Rd to E Guadalupe Rd. Right onto E Guadalupe Rd. Right onto N Pheasant Dr. Pheasant Dr turns right and becomes E Towne Ln. Home will be on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: perk001
  • Co List Office Phone: 480-830-5695
  • Subdivision Name: TOWNE MEADOWS AMD LOT 1-591 TR A
  • Architectural Style: Ranch
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 70.0
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Double Vanity
  • Living Area: 1308.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 70.0
  • Association Fee Frequency: Quarterly
  • Association Name: Towne Meadows
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Towne Meadows
  • Association Fees:HOA Telephone4: 480-813-6788
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 180.0
  • Association Fees:Disclosure Fees HOA: 225.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: RCP Community Manage

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Towne Meadows Elementary School
  • 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: 7275.0
  • Parcel #: 304-06-542
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: RYLAND HOMES

Tax Info

  • Tax Annual Amount: 1228.0
  • Tax Book Number: 304.00
  • Tax Lot: 507
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Jan 17, 2025
Sold by
Banks Stetson and Hollyanne Amanda
Bought by
Forstall Debora Ann
Seller's Agent
Chantel Gutierrez-Davis
Perk Prop Real Estate
Buyer's Agent
Sarah Gates
Keller Williams Realty Sonoran Living
List Price
$520,000
Sold Price
$480,000
Premium/Discount to List
-$40,000
-7.69%
Total Days on Market
108
Views
450
Current Estimated Value
$478,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,893
Avg. Annual Appreciation
-1.06%
Original Mortgage
$280,000
Outstanding Balance
$279,502
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$198,605

Purchase Details

Listed on
May 6, 2023
Closed on
Apr 4, 2023
Sold by
Genuine Investments Llc
Bought by
Genuine Investments Llc
Seller's Agent
Belinda Li
ARRT of Real Estate
Buyer's Agent
Chantel Gutierrez-Davis
Rise 24 Real Estate LLC
List Price
$460,000
Sold Price
$467,000
Premium/Discount to List
$7,000
1.52%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%
Original Mortgage
$317,700
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2023
Closed on
Mar 29, 2023
Sold by
Roehr Jessica
Bought by
Genuine Investments Llc
Seller's Agent
Belinda Li
ARRT of Real Estate
Buyer's Agent
Chantel Gutierrez-Davis
Rise 24 Real Estate LLC
List Price
$460,000
Sold Price
$467,000
Premium/Discount to List
$7,000
1.52%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,700
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2015
Closed on
Oct 1, 2015
Sold by
Roehr Jason and Roehr Jessica
Bought by
Roehr Jessica
Seller's Agent
Phillip Shaver
HomeSmart
Buyer's Agent
Alex Eremija
ProSmart Realty
List Price
$222,000
Sold Price
$210,000
Premium/Discount to List
-$12,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$206,196
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 12, 2015
Closed on
Sep 15, 2015
Sold by
Agee Dierdre L and Garrity Cynthia G
Bought by
Roehr Jessica
Seller's Agent
Phillip Shaver
HomeSmart
Buyer's Agent
Alex Eremija
ProSmart Realty
List Price
$222,000
Sold Price
$210,000
Premium/Discount to List
-$12,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2007
Sold by
Dunn David A and Dunn Tattum L
Bought by
Shelton Dierdre L and Garrity Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1998
Sold by
Rodriquez Patricia L and Dewine Patricia L
Bought by
Dunn David A and Dunn Tattum L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,025
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 1995
Sold by
Grimm David W and Grimm Katherine M
Bought by
Dewine Patricia L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 Navi Title Agency
Special Warranty Deed -- Premier Title Agency
Warranty Deed $353,000 Premier Title Agency
Interfamily Deed Transfer -- Security Title Agency Inc
Warranty Deed $210,000 Security Title Agency Inc
Warranty Deed $242,000 Pioneer Title Agency Inc
Warranty Deed $118,000 Security Title Agency
Warranty Deed $96,800 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $317,700 New Conventional
Previous Owner $17,303 FHA
Previous Owner $206,196 FHA
Previous Owner $193,600 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $103,600 Unknown
Previous Owner $92,025 New Conventional
Previous Owner $92,803 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $480,000 -4.0% $367 / Sq Ft
10/21/2024 10/21/24 Price Changed $500,000 -2.0% $382 / Sq Ft
09/25/2024 09/25/24 Price Changed $510,000 -1.9% $390 / Sq Ft
08/28/2024 08/28/24 For Sale $520,000 +11.3% $398 / Sq Ft
05/23/2023 05/23/23 Sold $467,000 +1.5% $331 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $460,000 +30.3% $326 / Sq Ft
03/29/2023 03/29/23 Sold $353,000 -6.9% $245 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $379,000 +80.5% $263 / Sq Ft
10/14/2015 10/14/15 Sold $210,000 0.0% $146 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
08/26/2015 08/26/15 Price Changed $210,000 -5.4% $146 / Sq Ft
08/12/2015 08/12/15 For Sale $222,000 -- $154 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $1,220 $16,214 -- --
2024 $1,228 $15,442 -- --
2023 $1,228 $30,810 $6,160 $24,650
2022 $1,193 $22,900 $4,580 $18,320
2021 $1,253 $21,250 $4,250 $17,000
2020 $1,233 $19,570 $3,910 $15,660
2019 $1,136 $17,730 $3,540 $14,190
2018 $1,096 $16,270 $3,250 $13,020
2017 $1,059 $15,000 $3,000 $12,000
2016 $1,072 $14,320 $2,860 $11,460
2015 $1,004 $13,510 $2,700 $10,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6749658

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-06-542