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For sale
  • Price cut: $20K (12/3)
    $385,000

    1281 E Frances Ln, Gilbert, AZ 85295

    2beds
    1,615sqft
    : 
    Single Family Residence
    Built in 2004
    5,750 Square Feet Lot
    $-- Zestimate®
    $238/sqft
    $96/mo HOA

    What's special

    Location, Livability & Investment Potential! Nestled in the heart of Gilbert, this charming 2 bedroom, 2 bathroom home is an incredible opportunity for first-time buyers or savvy investors. With its prime location just minutes from SanTan Village, Loop 202, shopping, dining, and top-rated schools, this home offers unbeatable convenience and lifestyle perks. Step inside to find a bright, open layout with stylish wood floors, vaulted ceilings, and a cozy double-sided fireplace that warms both the living and dining spaces. The spacious kitchen is complete with stainless steel appliances, granite counters, and rich cabinetry—perfect for cooking or entertaining. Upstairs, enjoy an abundance of natural light and direct access to a private balcony ideal for morning coffee or evening relaxation. The generously sized backyard is a blank canvas with endless potential plenty of space to build your dream outdoor retreat. Whether you're looking to settle into your first home or expand your rental portfolio, this home checks all the boxes: location, layout, and long-term value. Don't miss your chance to own in one of Gilbert's most desirable neighborhoods! This one won't last!
    68 days
    |
    2,002
    |
    128
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: December 03, 2025 at 08:24am

    Listed by:

    Kara M Beecroft 602-377-4141,

    The Ave Collective

    Source: ARMLS,MLS#: 6930362MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Double Vanity, Upstairs, Eat-in Kitchen, Full Bth Master Bdrm, Separate Shwr & Tub
    • Has basement: No
    Interior area
    • Total structure area: 1,615
    • Total interior livable area: 1,615 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 5,750 Square Feet
    • Features: Desert Front, Dirt Back
    Details
    • Parcel number: 30446124

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Block
    • Roof: Tile
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Playground, Biking/Walking Path
    • Subdivision: SPECTRUM AT VAL VISTA
    HOA
    • Has HOA: Yes
    • Services included: No Fees
    • HOA fee: $287 quarterly
    • HOA name: Villa Lante
    • HOA phone: 480-726-8080
    Location
    • Region: Gilbert

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $383,000
    • Annual tax amount: $1,363
    • Date on market: 10/3/2025
    • Cumulative days on market: 64 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/3/2025Price change$385,000-4.9%$238/sqft
    Source: ARMLS #6930362 Report a problem
    11/10/2025Price change$405,000-5.1%$251/sqft
    Source: ARMLS #6930362 Report a problem
    10/23/2025Price change$426,900-4.9%$264/sqft
    Source: ARMLS #6930362 Report a problem
    10/7/2025Listed for sale$449,000$278/sqft
    Source: ARMLS #6930362 Report a problem
    9/22/2025Sold$449,000$278/sqft
    Source: ARMLS #6858648 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$1,324 -0.9%$38,300 +129%
    2023$1,336 +0.2%$16,724 -29.5%
    2022$1,333 -3.4%$23,730 +4.8%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,253/mo
    Principal & interest
    $1890
    Home insurance
    $135
    Other costs
    $228

      Climate risks

      Neighborhood: Spectrum

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Spectrum Elementary
      • Middle: South Valley Jr. High
      • High: Gilbert High School
      • District: Gilbert Unified District

      Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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