4338 E Lantern Place Gilbert, AZ 85297
Power Ranch NeighborhoodEstimated payment $3,595/month
Highlights
- Private Pool
- 0.18 Acre Lot
- Granite Countertops
- Power Ranch Elementary School Rated A-
- Vaulted Ceiling
- Covered Patio or Porch
About This Home
Beautifully Updated Home in a Prime Gilbert Location! This spacious home offers the perfect blend of comfort, convenience, and style. Ideally situated just 5 minutes from the freeway and close to shopping, dining, and entertainment. Step inside to find an inviting layout with plenty of natural light. The kitchen features granite countertops, stainless steel appliances, and ample cabinetry, opening to the living area for seamless entertaining. Enjoy peace of mind with a a brand-new roof and newer HVAC's. The primary suite boasts a stunning brand-new bathroom remodel, providing a luxurious retreat at the end of the day. Outside, you'll find a spacious backyard with a covered patio and gorgeous pool—perfect for gatherings or simply relaxing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,580
Year Built
- Built in 2001
Lot Details
- 7,800 Sq Ft Lot
- Desert faces the back of the property
- Wrought Iron Fence
- Block Wall Fence
- Grass Covered Lot
HOA Fees
- $128 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Garage Door Opener
Home Design
- Roof Updated in 2024
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,667 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
Kitchen
- Eat-In Kitchen
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom Updated in 2022
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Pool
- Private Pool
- Fence Around Pool
Outdoor Features
- Covered Patio or Porch
Schools
- Power Ranch Elementary School
- Sossaman Middle School
- Higley High School
Utilities
- Cooling System Updated in 2021
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 98
- Assessor Parcel Number 313-02-460
Community Details
Overview
- Association fees include ground maintenance
- Power Ranch Association, Phone Number (480) 988-0960
- Built by Meritage Homes
- Power Ranch Neighborhood 1 Subdivision
Recreation
- Community Pool
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,414 | $32,604 | -- | -- |
| 2024 | $2,588 | $31,052 | -- | -- |
| 2023 | $2,588 | $47,200 | $9,440 | $37,760 |
| 2022 | $2,473 | $35,800 | $7,160 | $28,640 |
| 2021 | $2,548 | $33,320 | $6,660 | $26,660 |
| 2020 | $2,598 | $30,810 | $6,160 | $24,650 |
| 2019 | $2,515 | $28,230 | $5,640 | $22,590 |
| 2018 | $2,426 | $26,810 | $5,360 | $21,450 |
| 2017 | $2,339 | $24,900 | $4,980 | $19,920 |
| 2016 | $2,336 | $25,000 | $5,000 | $20,000 |
| 2015 | $2,076 | $25,310 | $5,060 | $20,250 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | Pending | -- | -- | -- | |
| 10/30/2025 10/30/25 | Price Changed | $620,000 | -1.6% | $232 / Sq Ft | |
| 10/02/2025 10/02/25 | Price Changed | $630,000 | -1.6% | $236 / Sq Ft | |
| 09/18/2025 09/18/25 | For Sale | $640,000 | +106.5% | $240 / Sq Ft | |
| 09/24/2015 09/24/15 | Sold | $310,000 | -1.6% | $116 / Sq Ft | View Prior Sale |
| 07/29/2015 07/29/15 | For Sale | $315,000 | -- | $118 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Pioneer Title | |
| Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $310,000 | Empire West Title Agency | |
| Interfamily Deed Transfer | -- | Empire West Title Agency | |
| Cash Sale Deed | $308,000 | Fidelity Natl Title Agency | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $235,000 | Chicago Title | |
| Special Warranty Deed | $233,379 | Stewart Title & Trust | |
| Special Warranty Deed | -- | Stewart Title & Trust |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $82,000 | Credit Line Revolving | |
| Previous Owner | $294,000 | New Conventional | |
| Previous Owner | $248,000 | New Conventional | |
| Previous Owner | $179,700 | New Conventional | |
| Previous Owner | $236,548 | Purchase Money Mortgage | |
| Previous Owner | $221,700 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6921653
APN: 313-02-460
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.
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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