RENTED OCT 1, 2025

4577 E Waterman St Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $615,195 - $668,000

3 Beds
2 Baths
2,435 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $575,000 $236 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,547/month

Highlights

  • 0.17 Acre Lot
  • Clubhouse
  • Mud Room
  • Centennial Elementary School Rated A
  • Granite Countertops
  • Fenced Community Pool

About This Home

As of October 2025

***DESIRED POWER RANCH COMMUNITY***CLUBHOUSE***REC ROOM***COMMUNITY POOL***SPACIOUS 2435 SQUARE FEET, SINGLE LEVEL, SPLIT FLOOR PLAN, 3 BEDROOM W/DEN, 2 BATH, OPEN FLOOR PLAN, SPACIOUS LIVING ROOM, GRANITE COUNTER TOPS, KITCHEN ISLAND, BREAKFAST BAR, EAT-IN KITCHEN, GAS RANGE, MICROWAVE, EXTENED COUNTER SPACE W/CABINETS, LARGE LAUNDRY/CRAFT/MUD ROOM W/EXTRA STORAGE CABINETS,MASTER BATHROOM W/LARGE WALK-IN SHOWER, DBL SINKS, WALK-IN CLOSET, CERMANIC TILE & LAMINATE FLLORING, FRESH PAINT, DECORATOR TOUCHES, FIRE SPRINKLERS, SECURITY SYSTEM, 2 CAR GARAGE W/STORAGE CABINETS, ENERGY EFFICIENT, LOWER ELECTRIC BILLS, SOLAR SYSTEM, SUNSCREENS, N/S EXPOSURE, COVERED PATIO, EASY ACCESS TO FREEWAY & CLOSE TO SHOPPING, COMMUNITY WALKING PATHS & CHILDREN PLAY AREAS, MUST SEE ALL THIS HOME HAS TO OFFER

Last Agent to Rent the Property

Allyn Barnum

eXp Realty License #SA027791000 Listed on: 07/14/2025

eXp Realty

Last Renter's Agent

Allyn Barnum

eXp Realty License #SA027791000 Listed on: 07/14/2025

eXp Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 7,200 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,435 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Mud Room

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 8/1/25
  • $250 Move-In Fee
  • Rent includes gardening service
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 628
  • Assessor Parcel Number 313-16-912

Community Details

Overview

  • Property has a Home Owners Association
  • Power Ranch Association, Phone Number (480) 988-0960
  • Built by SHEA HOMES
  • Power Ranch Neighborhood 9 Parcel 2 Subdivision, Spacious Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fenced Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Gardening Service
  • Available Date: 2025-08-01

Listing Details

  • Cross Street: POWER & PECOS
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2012
  • Rental Info H O A Name: POWER RANCH
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Admin Fee: 250.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Master Model: SPACIOUS
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 9 PARCEL 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 2435.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, 220 V Dryer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path, Clubhouse
  • Association Name: POWER RANCH
  • Phone: 480-988-0960
  • 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: 7200.0
  • Parcel #: 313-16-912

Building Info

  • Builder Name: SHEA HOMES

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 628
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jun 30, 2021
Sold by
Opendoor Property Trust I
Bought by
Eastbury Llc
Seller's Agent
Allyn Barnum
eXp Realty
Buyer's Agent
Allyn Barnum
eXp Realty
Sold Price
$3,250
Current Estimated Value
$639,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,799
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Apr 28, 2021
Sold by
Jarrod J Reddy And Corianne R Reddy Trus and Reddy Jarrod J
Bought by
Opendoor Property Trust

Purchase Details

Listed on
May 10, 2018
Closed on
Jul 27, 2018
Sold by
Reddy Jarrod J and Reddy Corianne R
Bought by
Reddy Jarrod J and Reddy Corianne R
Seller's Agent
Shane Dodd
Realty ONE Group
Buyer's Agent
saima Gillani
ProSmart Realty
List Price
$374,800
Sold Price
$367,000
Premium/Discount to List
-$7,800
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$293,600
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2018
Closed on
Jul 6, 2018
Sold by
Dodd Shane L and Dodd Carrah L
Bought by
Reddy Jarrod and Reddy Corianne
Seller's Agent
Shane Dodd
Realty ONE Group
Buyer's Agent
saima Gillani
ProSmart Realty
List Price
$374,800
Sold Price
$367,000
Premium/Discount to List
-$7,800
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2017
Sold by
Dodd Shane L and Dodd Carrah L
Bought by
Dodd Shane L and Dodd Carr Ah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2016
Sold by
Dodd Shane L and Dodd Carrah L
Bought by
Dodd Shane L and Dodd Carrah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2012
Sold by
Shea Homes Arizona Limited Partnership
Bought by
Dodd Shane L and Dodd Carrah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,651
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2012
Sold by
V F6 Homes Llc
Bought by
Shea Homes Inc
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
Eastbury Llc $575,000 Os National Llc
Opendoor Property Trust $532,900 Os National
Reddy Jarrod J -- Accommodation
Reddy Jarrod $367,000 American Title Service Agenc
Dodd Shane L -- Chicago Title Agency Inc
Dodd Shane L -- Chicago Title Agency Inc
Dodd Shane L -- Chicago Title Agency Inc
Dodd Shane L $269,615 Fidelity National Title
Shea Homes Arizona Limited Partnership -- None Available
Shea Homes Inc $2,340,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddy Jarrod $293,600
Previous Owner Dodd Shane L $288,000
Previous Owner Dodd Shane L $272,000
Previous Owner Dodd Shane L $264,651
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 Rented $2,850 0.0% --
09/19/2025 09/19/25 Under Contract -- -- --
07/14/2025 07/14/25 For Rent $2,850 0.0% --
06/01/2024 06/01/24 Rented $2,850 0.0% --
05/20/2024 05/20/24 Under Contract -- -- --
04/25/2024 04/25/24 For Rent $2,850 +3.6% --
05/16/2023 05/16/23 Rented $2,750 0.0% --
05/02/2023 05/02/23 Under Contract -- -- --
04/10/2023 04/10/23 Price Changed $2,750 -11.3% $1 / Sq Ft
03/23/2023 03/23/23 Price Changed $3,100 -7.5% $1 / Sq Ft
09/01/2022 09/01/22 For Rent $3,350 +3.1% --
08/01/2021 08/01/21 Rented $3,250 0.0% --
07/18/2021 07/18/21 Under Contract -- -- --
07/08/2021 07/08/21 For Rent $3,250 0.0% --
06/30/2021 06/30/21 Sold $575,000 -5.9% $236 / Sq Ft View Prior Sale
06/15/2021 06/15/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $611,000 +66.5% $251 / Sq Ft
07/31/2018 07/31/18 Sold $367,000 0.0% $151 / Sq Ft View Prior Sale
06/25/2018 06/25/18 Pending -- -- --
06/25/2018 06/25/18 Price Changed $367,000 -0.5% $151 / Sq Ft
06/21/2018 06/21/18 Price Changed $368,900 -0.3% $151 / Sq Ft
06/18/2018 06/18/18 Price Changed $369,999 -0.3% $152 / Sq Ft
06/16/2018 06/16/18 Price Changed $371,000 -0.3% $152 / Sq Ft
06/10/2018 06/10/18 Price Changed $372,000 -0.5% $153 / Sq Ft
06/07/2018 06/07/18 Price Changed $373,800 -0.3% $154 / Sq Ft
06/03/2018 06/03/18 For Sale $374,800 0.0% $154 / Sq Ft
06/03/2018 06/03/18 Price Changed $374,800 +2.1% $154 / Sq Ft
06/03/2018 06/03/18 Off Market $367,000 -- --
06/01/2018 06/01/18 Price Changed $365,000 -0.8% $150 / Sq Ft
05/31/2018 05/31/18 Price Changed $368,000 -0.3% $151 / Sq Ft
05/29/2018 05/29/18 Price Changed $369,000 -0.3% $152 / Sq Ft
05/28/2018 05/28/18 Price Changed $370,000 -0.3% $152 / Sq Ft
05/28/2018 05/28/18 Price Changed $371,000 -0.2% $152 / Sq Ft
05/26/2018 05/26/18 Price Changed $371,900 -0.6% $153 / Sq Ft
05/24/2018 05/24/18 Price Changed $374,000 -0.2% $154 / Sq Ft
05/20/2018 05/20/18 Price Changed $374,900 -0.3% $154 / Sq Ft
05/18/2018 05/18/18 Price Changed $376,000 -0.5% $154 / Sq Ft
05/16/2018 05/16/18 Price Changed $377,800 0.0% $155 / Sq Ft
05/13/2018 05/13/18 Price Changed $377,900 +35.9% $155 / Sq Ft
05/10/2018 05/10/18 For Sale $278,000 -- $114 / 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 $2,497 $28,827 -- --
2024 $2,721 $27,454 -- --
2023 $2,721 $49,130 $9,820 $39,310
2022 $2,187 $36,710 $7,340 $29,370
2021 $2,649 $33,700 $6,740 $26,960
2020 $2,297 $32,400 $6,480 $25,920
2019 $2,224 $29,130 $5,820 $23,310
2018 $2,145 $28,270 $5,650 $22,620
2017 $2,068 $29,680 $5,930 $23,750
2016 $2,065 $28,420 $5,680 $22,740
2015 $1,836 $26,860 $5,370 $21,490
Source: Public Records

Agents Affiliated with this Home

  • Allyn Barnum

    Landlord's Agent in 2025

    Allyn Barnum

    eXp Realty

    (602) 369-6000

    48 Total Sales

    Allyn Barnum
    Section Image
  • Cindy Tracy

    Buyer's Agent in 2023

    Cindy Tracy

    Queen Creek Real Estate

    (480) 277-5758

    5 Total Sales

    Cindy Tracy
    Section Image

  • C

    Buyer's Agent in 2023

    Cynthia Tracy

    Top Realty LLC

  • J

    Seller's Agent in 2021

    Jacqueline Moore

    Opendoor Brokerage, LLC

    Section Image
  • Jason LaFlesch

    Buyer's Agent in 2021

    Jason LaFlesch

    Results Realty

    (602) 369-4663

    5 in this area

    236 Total Sales

    Jason LaFlesch
    Section Image
  • Shane Dodd

    Seller's Agent in 2018

    Shane Dodd

    Realty One Group

    (480) 321-8100

    1 in this area

    55 Total Sales

    Shane Dodd
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6892305

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-16-912

Arizona Maricopa County Gilbert 85297 Power Ranch

4577 E Waterman St, 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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