4278 E Lantern Place Gilbert, AZ 85297
Power Ranch NeighborhoodEstimated payment $3,119/month
Highlights
- Reverse Osmosis System
- Clubhouse
- Heated Community Pool
- 0.18 Acre Lot
- Great Room
- Covered Patio or Porch
About This Home
Brand new AC! Located in the highly sought-after, award-winning community of Power Ranch in South Gilbert, this 3 bedroom + den, 2.5-bath home offers an exceptional opportunity to create your dream space in one of the East Valley's most desirable neighborhoods. The home features a functional split floor plan that provides both privacy and versatility for modern living.
The home backs to a serene common area with view fencing, giving the backyard an open, peaceful feel. Enjoy a relaxing outdoor setting complete with a tranquil pond and a private putting green, perfect for quiet mornings or entertaining guests. This property presents a fantastic opportunity for buyers looking to personalize and update a home to their own taste. With a great layout, and an unbeatable location, the potential here is undeniable. Power Ranch residents enjoy access to top-rated amenities including pools, parks, trails, and community events, all within close proximity to shopping, dining, and top-rated Gilbert schools.
Listing Agent
Keller Williams Integrity First Realty License #SA540814000 Listed on: 05/07/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,117
Year Built
- Built in 2003
Lot Details
- 8,043 Sq Ft Lot
- Desert faces the front of the property
- Wrought Iron Fence
- Block Wall Fence
- Artificial Turf
- Front Yard Sprinklers
- Sprinklers on Timer
HOA Fees
- $134 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,073 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Double Pane Windows
- Great Room
- Family Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
- Reverse Osmosis System
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Double Vanity
- Private Water Closet
- Separate Shower in Primary Bathroom
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Dryer
- Washer
Schools
- Power Ranch Elementary School
- Sossaman Middle School
- Higley High School
Utilities
- Cooling System Updated in 2026
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- North or South Exposure
- Covered Patio or Porch
Listing and Financial Details
- Tax Lot 102
- Assessor Parcel Number 313-02-464
Community Details
Overview
- Association fees include ground maintenance
- Prca Association, Phone Number (480) 988-0960
- Built by Standard Pacific
- Power Ranch Neighborhood 1 Subdivision
Amenities
- Common Area
- Clubhouse
Recreation
- Community Playground
- Heated Community Pool
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,117 | $28,597 | ||
| 2024 | $2,270 | $27,235 | ||
| 2023 | $2,270 | $42,720 | $8,540 | $34,180 |
| 2022 | $2,169 | $32,670 | $6,530 | $26,140 |
| 2021 | $2,235 | $30,270 | $6,050 | $24,220 |
| 2020 | $2,279 | $28,130 | $5,620 | $22,510 |
| 2019 | $2,206 | $25,530 | $5,100 | $20,430 |
| 2018 | $2,128 | $24,120 | $4,820 | $19,300 |
| 2017 | $2,051 | $22,300 | $4,460 | $17,840 |
| 2016 | $2,088 | $22,250 | $4,450 | $17,800 |
| 2015 | $1,821 | $22,180 | $4,430 | $17,750 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | Pending | -- | -- | -- | |
| 07/03/2026 07/03/26 | Price Changed | $510,000 | 0.0% | $246 / Sq Ft | |
| 07/03/2026 07/03/26 | For Sale | $510,000 | -3.8% | $246 / Sq Ft | |
| 06/16/2026 06/16/26 | Pending | -- | -- | -- | |
| 05/07/2026 05/07/26 | For Sale | $530,000 | +48.5% | $256 / Sq Ft | |
| 07/03/2019 07/03/19 | Sold | $357,000 | 0.0% | $168 / Sq Ft | View Prior Sale |
| 06/02/2019 06/02/19 | For Sale | $357,000 | -- | $168 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $357,000 | Greystone Title Agency Llc | |
| Special Warranty Deed | -- | Stewart Title & Trust | |
| Special Warranty Deed | $215,729 | Stewart Title & Trust |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,600 | New Conventional | |
| Previous Owner | $64,500 | New Conventional | |
| Previous Owner | $70,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7024907
APN: 313-02-464
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