5030 S Seton Ave · Gilbert, AZ 85298

$775,000

4 bd · 4.0 ba · 3,392 sqft · SingleFamily public records · 98 Days on market

Built 2015 8,940 sqft lot Est $1001k · 23% under $135/mo HOA · 3% of rent

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Appreciation +9.2/10.0
• Cash flow +5.8/30.0
• Schools +5.2/10.0
• Livability +4.4/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• 1% rule +0.2/10.0
• DSCR +0.2/10.0

Listing remarks MLS

Welcome to this fabulous area! This home has Fresh Interior Paint. Windows create a light filled interior with well placed neutral accents. This kitchen has everything you need! A center island, walk in pantry, and stylish backsplash accent will have you looking forward to cooking. Relax in your primary suite with a walk in closet included. Additional bedrooms provide nice living or office space. Take advantage of the extended counter space in the primary bathroom complete with double sinks and under sink storage. Take it easy in the fenced in back yard. The covered sitting area makes it great for BBQs! Don't wait! Make this beautiful home yours.

Key facts

• 8,940 sq ft lot
• 2 garage spots
• Built 2015

Property features AI

Finance

• Other: Property information sourced from assessor
• HOA & community: Homeowners association with quarterly fee; Association fee covers grounds maintenance; Community amenities include lake, playground, and biking/walking paths

Exterior

• Parking: 2 open parking spaces; 2 covered parking spaces; 2-car garage with garage door opener; Extended-length, direct-access, over-height garage; Electric vehicle charging station(s)
• Security: Leased security system
• Utilities: City water; Public sewer
• Home design: Single-family residence; Fee simple ownership
• Construction: Built with stucco and wood frame; Painted exterior with stone accents; Tile roof
• Exterior features: Private yard; Playground; Block fencing; Gravel/stone front and back yards; Synthetic grass front and back; Automatic timer irrigation front and back

Interior

• Kitchen: Refrigerator; Dishwasher; Disposal; Built-in electric oven; Built-in microwave; Reverse osmosis water filtration; Walk-in pantry; Kitchen island
• Bedrooms: Up to 6 possible bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 3 full bathrooms; 1 half bathroom
• Heating & cooling: Natural gas heating; Central air; Ceiling fans; Programmable thermostat
• Interior features: High-speed internet; Granite counters; Double vanity; Master suite on main floor; Eat-in kitchen; Breakfast bar; 9+ foot flat ceilings; No interior steps; Kitchen island; Pantry (walk-in); Full bath in master bedroom; Dual-pane windows; Fireplace
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 4-bed/4.0-bath single-family listed at $775k.

Deal economics

• At list price, monthly cash flow is $-2k ($-19k/yr) — negative.
• To cash-flow at today's rent, offer at most $501k (35.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $404k (47.8% below list).
• Recommended offer: $404k (47.8% below list) — sets the bar for 1% rule.
• Cap rate 3.9% vs local median 3.2% in Gilbert — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 87/100 on livability (#1 in AZ, #240 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, employment A+, housing A+; Watch: health & safety C-, cost of living F.
• Higley Unified School District (4248) (suburban): math 56% / reading 58% proficiency, ranked #21 of 249 in AZ (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 15% free/reduced lunch — higher-income household profile.
• Zoned schools: Bridges Elementary School (math 80% / reading 79%, grade A, #13 of 1,109 statewide, top 1%, 759 students, 7% FRL); Sossaman Middle School (math 59% / reading 60%, grade B, #4 of 218 statewide, top 1%, 1,043 students, 13% FRL); Higley High School (math 49% / reading 47%, grade D, #46 of 381 statewide, top 12%, 2,137 students, 12% FRL) — zoned schools at 11% FRL track the district average.
• Market conditions: Rents rising fast (+4.3%/yr); 329 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
• This rent runs 31% of the median local income ($156k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $70k of equity ($5k loan paydown + $65k appreciation (8.4% local appreciation)).
• Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$112k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 98 days — a 9% lower offer ($705k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago; this cycle's ask has dropped $54k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $404,433 (47.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 48% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.52% ✗
• Cap rate: 3.89%
• Cash-on-cash: -8.59%
• DSCR: 0.62
• GRM: 16.0

CMA / ARV

• ARV (on-the-fly): $1,000,640
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3249 E Nightingale Ln	0.04mi	4/3.5	3,392 (0%)	2mo	$1,000,000	$295	94
5012 S Girard St	0.20mi	5/4.0 (+1)	3,456 (+2%)	1mo	$739,500	$214	82
4868 S Hemet St	0.55mi	4/3.0	3,465 (+2%)	3mo	$1,250,000	$361	64
5124 S Ponderosa Dr	0.55mi	5/3.5 (+1)	3,501 (+3%)	1mo	$970,000	$277	62
3767 E Mia Ln	0.67mi	4/3.5	3,499 (+3%)	0mo	$1,145,000	$327	61
5085 S Ponderosa Dr	0.61mi	5/3.5 (+1)	3,501 (+3%)	8mo	$1,175,000	$336	52
3788 E Alfalfa Dr	0.73mi	4/3.0	3,465 (+2%)	9mo	$985,000	$284	51
3296 E Thornton Ave	0.36mi	5/3.0 (+1)	2,918 (-14%)	3mo	$725,000	$248	49
4682 S Banning Dr	0.58mi	4/3.5	3,731 (+10%)	8mo	$1,270,000	$340	48
3308 E Thornton Ave	0.36mi	5/3.0 (+1)	2,918 (-14%)	7mo	$665,000	$228	45
3683 E Cassia Ln	0.58mi	5/3.5 (+1)	3,774 (+11%)	7mo	$1,274,000	$338	42
3291 E Devonshire Ave	0.60mi	5/2.5 (+1)	2,971 (-12%)	5mo	$684,000	$230	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

8.36% appreciation · 4.31% rent growth · sell at horizon

5-year hold

• IRR: 14.7%
• Equity multiple: 2.12×
• Total profit: $243,510
• Equity at exit: $608,026

10-year hold

• IRR: 14.7%
• Equity multiple: 4.65×
• Total profit: $792,275
• Equity at exit: $1,225,750

Cash invested: $217,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Arizona: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

Methodology + full state rankings →

ZIP-level market 85298

• Home prices YoY: 2.5%
• Rents YoY: 4.3%
• Active inventory: 329
• Price-to-rent: 16.0×

Monthly cashflow live

• Estimated rent: $4,044 high
• Mortgage (P&I): −$4,064
• Tax from tax record: −$226 /mo · $2,712/yr
• Insurance: −$323
• HOA: −$135
• Vacancy / Maint / Mgmt: −$849
• Net cashflow: $-1,553

Break-even live

Break-even rent $6,010

Max offer price $500,639

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $193,750
• Closing costs: $23,250
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3830 E Thornton Ave Unit 1546326P Gilbert, AZ	3.0	2.0	2292	$3,902	$1.70	17d	1	0.82mi
5434 S Forest Ave Gilbert, AZ	4.0	2.0	2341	$2,900	$1.24	18d	1	0.92mi
5475 S Cardinal St Gilbert, AZ	4.0	2.5	2708	$4,000	$1.48	1d	1	1.00mi
2983 E Ironside Ln Gilbert, AZ	3.0	2.0	2450	$2,450	$1.00	44d	1	1.02mi
2753 E Hummingbird Way Gilbert, AZ	5.0	6.0	4605	$10,000	$2.17	10d	1	1.02mi
3484 E Coconino Way Gilbert, AZ	5.0	3.0	2928	$3,400	$1.16	15d	1	1.12mi
4091 E Carriage Way Gilbert, AZ	5.0	3.0	2667	$3,420	$1.28	1d	1	1.16mi
2543 E Penedes Dr Gilbert, AZ	4.0	3.0	2496	$2,695	$1.08	44d	1	1.16mi
6071 S Rockwell St Gilbert, AZ	5.0	3.0	2375	$2,695	$1.13	17d	1	1.42mi
3582 E Santa Fe Ln Gilbert, AZ	5.0	2.5	3094	$4,500	$1.45	24d	1	1.46mi

HOA detail

• Monthly dues: $135 · $1,620/yr

Listing history 34 events

1. 2026-06-18
   days on market $775,000 Active 98 DOM
2. 2026-06-17
   pricedays on market $775,000 Active 97 DOM
3. 2026-06-16
   days on market $785,000 Active 96 DOM
4. 2026-06-15
   days on market $785,000 Active 95 DOM
5. 2026-06-13
   days on market $785,000 Active 93 DOM
6. 2026-06-09
   days on market $785,000 Active 89 DOM
7. 2026-06-08
   days on market $785,000 Active 88 DOM
8. 2026-06-07
   pricedays on market $785,000 Active 87 DOM
9. 2026-06-04
   days on market $795,000 Active 84 DOM
10. 2026-06-03
    pricedays on market $795,000 Active 83 DOM
11. 2026-06-02
    days on market $796,000 Active 82 DOM
12. 2026-06-01
    days on market $796,000 Active 81 DOM
13. 2026-05-31
    days on market $796,000 Active 80 DOM
14. 2026-05-20
    price $796,000
15. 2026-05-15
    price $797,000
16. 2026-05-07
    price $798,000
17. 2026-04-13
    price $799,000
18. 2026-04-11
    price $818,000
19. 2026-04-01
    price $819,000
20. 2026-03-12
    listed $829,000 Active
21. 2024-03-21
    soldstatus $766,000 Closed 654-char remark

    Show marketing remark (654 chars)

    Welcome to this fabulous area! This home has Fresh Interior Paint. Windows create a light filled interior with well placed neutral accents. This kitchen has everything you need! A center island, walk in pantry, and stylish backsplash accent will have you looking forward to cooking. Relax in your primary suite with a walk in closet included. Additional bedrooms provide nice living or office space. Take advantage of the extended counter space in the primary bathroom complete with double sinks and under sink storage. Take it easy in the fenced in back yard. The covered sitting area makes it great for BBQs! Don't wait! Make this beautiful home yours.

22. 2024-03-21
    soldstatus $766,000

    Show marketing remark (654 chars)

    Welcome to this fabulous area! This home has Fresh Interior Paint. Windows create a light filled interior with well placed neutral accents. This kitchen has everything you need! A center island, walk in pantry, and stylish backsplash accent will have you looking forward to cooking. Relax in your primary suite with a walk in closet included. Additional bedrooms provide nice living or office space. Take advantage of the extended counter space in the primary bathroom complete with double sinks and under sink storage. Take it easy in the fenced in back yard. The covered sitting area makes it great for BBQs! Don't wait! Make this beautiful home yours.

23. 2024-02-22
    status Pending 654-char remark

    Show marketing remark (654 chars)

    Welcome to this fabulous area! This home has Fresh Interior Paint. Windows create a light filled interior with well placed neutral accents. This kitchen has everything you need! A center island, walk in pantry, and stylish backsplash accent will have you looking forward to cooking. Relax in your primary suite with a walk in closet included. Additional bedrooms provide nice living or office space. Take advantage of the extended counter space in the primary bathroom complete with double sinks and under sink storage. Take it easy in the fenced in back yard. The covered sitting area makes it great for BBQs! Don't wait! Make this beautiful home yours.

24. 2024-02-08
    price $793,000 654-char remark

    Show marketing remark (654 chars)

    Welcome to this fabulous area! This home has Fresh Interior Paint. Windows create a light filled interior with well placed neutral accents. This kitchen has everything you need! A center island, walk in pantry, and stylish backsplash accent will have you looking forward to cooking. Relax in your primary suite with a walk in closet included. Additional bedrooms provide nice living or office space. Take advantage of the extended counter space in the primary bathroom complete with double sinks and under sink storage. Take it easy in the fenced in back yard. The covered sitting area makes it great for BBQs! Don't wait! Make this beautiful home yours.

25. 2023-12-01
    listed $795,000 Active 654-char remark

    Show marketing remark (654 chars)

    Welcome to this fabulous area! This home has Fresh Interior Paint. Windows create a light filled interior with well placed neutral accents. This kitchen has everything you need! A center island, walk in pantry, and stylish backsplash accent will have you looking forward to cooking. Relax in your primary suite with a walk in closet included. Additional bedrooms provide nice living or office space. Take advantage of the extended counter space in the primary bathroom complete with double sinks and under sink storage. Take it easy in the fenced in back yard. The covered sitting area makes it great for BBQs! Don't wait! Make this beautiful home yours.

26. 2023-11-17
    soldstatus $721,700
27. 2021-03-03
    soldstatus $640,000 Closed 1117-char remark

    Show marketing remark (1117 chars)

    Stunning, impeccable, show stopper, gorgeous one story Pulte home in sought after The Bridges at Gilbert, spectacular interior boasts spacious rooms, open floorplan with custom paint, natural light, spacious and cozy den, teen room, en-suite wing, perfect for guests or next gen, lots of storage, Gourmet and luxurious kitchen worthy of a chef showcases s/s appliances, staggered cabinetry, oversized walk-in pantry, 9x6.5 granite island, granite countertops, including a wall oven, The stunning master bedroom boasts a spacious walk-in closet and a private bath with double sinks, designer tiled shower, This stunning home also includes speakers throughout, a paved courtyard, a large backyard with a covered patio perfect for entertaining and much more. See document tab for list of upgrades. The Bridges is located across the new Gilbert Regional Park, (272 acres park when completed) featuring a 35-foot-tall climbing and play structure, a 4000 sqft splash pad, future plans for a surf lagoon, a cable ski lake and many other playground and water amenties. Schedule a showing before this beautiful home is gone!

28. 2021-03-03
    soldstatus $640,000

    Show marketing remark (1117 chars)

    Stunning, impeccable, show stopper, gorgeous one story Pulte home in sought after The Bridges at Gilbert, spectacular interior boasts spacious rooms, open floorplan with custom paint, natural light, spacious and cozy den, teen room, en-suite wing, perfect for guests or next gen, lots of storage, Gourmet and luxurious kitchen worthy of a chef showcases s/s appliances, staggered cabinetry, oversized walk-in pantry, 9x6.5 granite island, granite countertops, including a wall oven, The stunning master bedroom boasts a spacious walk-in closet and a private bath with double sinks, designer tiled shower, This stunning home also includes speakers throughout, a paved courtyard, a large backyard with a covered patio perfect for entertaining and much more. See document tab for list of upgrades. The Bridges is located across the new Gilbert Regional Park, (272 acres park when completed) featuring a 35-foot-tall climbing and play structure, a 4000 sqft splash pad, future plans for a surf lagoon, a cable ski lake and many other playground and water amenties. Schedule a showing before this beautiful home is gone!

29. 2021-01-29
    historical Contract Contingent on Buyer Sale 1117-char remark

    Show marketing remark (1117 chars)

    Stunning, impeccable, show stopper, gorgeous one story Pulte home in sought after The Bridges at Gilbert, spectacular interior boasts spacious rooms, open floorplan with custom paint, natural light, spacious and cozy den, teen room, en-suite wing, perfect for guests or next gen, lots of storage, Gourmet and luxurious kitchen worthy of a chef showcases s/s appliances, staggered cabinetry, oversized walk-in pantry, 9x6.5 granite island, granite countertops, including a wall oven, The stunning master bedroom boasts a spacious walk-in closet and a private bath with double sinks, designer tiled shower, This stunning home also includes speakers throughout, a paved courtyard, a large backyard with a covered patio perfect for entertaining and much more. See document tab for list of upgrades. The Bridges is located across the new Gilbert Regional Park, (272 acres park when completed) featuring a 35-foot-tall climbing and play structure, a 4000 sqft splash pad, future plans for a surf lagoon, a cable ski lake and many other playground and water amenties. Schedule a showing before this beautiful home is gone!

30. 2021-01-06
    price $650,000 1117-char remark

    Show marketing remark (1117 chars)

    Stunning, impeccable, show stopper, gorgeous one story Pulte home in sought after The Bridges at Gilbert, spectacular interior boasts spacious rooms, open floorplan with custom paint, natural light, spacious and cozy den, teen room, en-suite wing, perfect for guests or next gen, lots of storage, Gourmet and luxurious kitchen worthy of a chef showcases s/s appliances, staggered cabinetry, oversized walk-in pantry, 9x6.5 granite island, granite countertops, including a wall oven, The stunning master bedroom boasts a spacious walk-in closet and a private bath with double sinks, designer tiled shower, This stunning home also includes speakers throughout, a paved courtyard, a large backyard with a covered patio perfect for entertaining and much more. See document tab for list of upgrades. The Bridges is located across the new Gilbert Regional Park, (272 acres park when completed) featuring a 35-foot-tall climbing and play structure, a 4000 sqft splash pad, future plans for a surf lagoon, a cable ski lake and many other playground and water amenties. Schedule a showing before this beautiful home is gone!

31. 2020-11-11
    price $660,000 1117-char remark

    Show marketing remark (1117 chars)

    Stunning, impeccable, show stopper, gorgeous one story Pulte home in sought after The Bridges at Gilbert, spectacular interior boasts spacious rooms, open floorplan with custom paint, natural light, spacious and cozy den, teen room, en-suite wing, perfect for guests or next gen, lots of storage, Gourmet and luxurious kitchen worthy of a chef showcases s/s appliances, staggered cabinetry, oversized walk-in pantry, 9x6.5 granite island, granite countertops, including a wall oven, The stunning master bedroom boasts a spacious walk-in closet and a private bath with double sinks, designer tiled shower, This stunning home also includes speakers throughout, a paved courtyard, a large backyard with a covered patio perfect for entertaining and much more. See document tab for list of upgrades. The Bridges is located across the new Gilbert Regional Park, (272 acres park when completed) featuring a 35-foot-tall climbing and play structure, a 4000 sqft splash pad, future plans for a surf lagoon, a cable ski lake and many other playground and water amenties. Schedule a showing before this beautiful home is gone!

32. 2020-11-10
    price $665,000 1117-char remark

    Show marketing remark (1117 chars)

    Stunning, impeccable, show stopper, gorgeous one story Pulte home in sought after The Bridges at Gilbert, spectacular interior boasts spacious rooms, open floorplan with custom paint, natural light, spacious and cozy den, teen room, en-suite wing, perfect for guests or next gen, lots of storage, Gourmet and luxurious kitchen worthy of a chef showcases s/s appliances, staggered cabinetry, oversized walk-in pantry, 9x6.5 granite island, granite countertops, including a wall oven, The stunning master bedroom boasts a spacious walk-in closet and a private bath with double sinks, designer tiled shower, This stunning home also includes speakers throughout, a paved courtyard, a large backyard with a covered patio perfect for entertaining and much more. See document tab for list of upgrades. The Bridges is located across the new Gilbert Regional Park, (272 acres park when completed) featuring a 35-foot-tall climbing and play structure, a 4000 sqft splash pad, future plans for a surf lagoon, a cable ski lake and many other playground and water amenties. Schedule a showing before this beautiful home is gone!

33. 2020-10-29
    price $670,000 1117-char remark

    Show marketing remark (1117 chars)

    Stunning, impeccable, show stopper, gorgeous one story Pulte home in sought after The Bridges at Gilbert, spectacular interior boasts spacious rooms, open floorplan with custom paint, natural light, spacious and cozy den, teen room, en-suite wing, perfect for guests or next gen, lots of storage, Gourmet and luxurious kitchen worthy of a chef showcases s/s appliances, staggered cabinetry, oversized walk-in pantry, 9x6.5 granite island, granite countertops, including a wall oven, The stunning master bedroom boasts a spacious walk-in closet and a private bath with double sinks, designer tiled shower, This stunning home also includes speakers throughout, a paved courtyard, a large backyard with a covered patio perfect for entertaining and much more. See document tab for list of upgrades. The Bridges is located across the new Gilbert Regional Park, (272 acres park when completed) featuring a 35-foot-tall climbing and play structure, a 4000 sqft splash pad, future plans for a surf lagoon, a cable ski lake and many other playground and water amenties. Schedule a showing before this beautiful home is gone!

34. 2020-10-22
    listed $700,000 Active 1117-char remark

    Show marketing remark (1117 chars)

    Stunning, impeccable, show stopper, gorgeous one story Pulte home in sought after The Bridges at Gilbert, spectacular interior boasts spacious rooms, open floorplan with custom paint, natural light, spacious and cozy den, teen room, en-suite wing, perfect for guests or next gen, lots of storage, Gourmet and luxurious kitchen worthy of a chef showcases s/s appliances, staggered cabinetry, oversized walk-in pantry, 9x6.5 granite island, granite countertops, including a wall oven, The stunning master bedroom boasts a spacious walk-in closet and a private bath with double sinks, designer tiled shower, This stunning home also includes speakers throughout, a paved courtyard, a large backyard with a covered patio perfect for entertaining and much more. See document tab for list of upgrades. The Bridges is located across the new Gilbert Regional Park, (272 acres park when completed) featuring a 35-foot-tall climbing and play structure, a 4000 sqft splash pad, future plans for a surf lagoon, a cable ski lake and many other playground and water amenties. Schedule a showing before this beautiful home is gone!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AZ · Resets to sale price

• Current annual tax: $2,712 · $226/mo
• Projected year-2 tax: $5,115 · $426/mo
• Expected delta: +$2,403/yr (+$200/mo · 88.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $48,532
• − Mortgage interest: −$43,412
• − Property taxes: −$2,712
• − Insurance: −$3,875
• − Repairs & maintenance: −$3,883
• − Management: −$3,883
• − HOA: −$1,620
• − Depreciation: −$22,545
• Taxable loss: −$33,398
• Est. tax savings @ 24.0%: +$8,015
• After-tax cash flow: $-10,622/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Higley Unified School District (4248)
• NCES district ID: 0403780
• Math proficiency: 56% ▼ -10.00%
• Reading proficiency: 58% ▼ -8.00%
• Median HH income: $82,526
• Composite: 51.7/100
• National rank: #1688
• State rank: #21 of 249 in AZ

Livability — Gilbert

• Score: 87/100
• State rank: #1
• US rank: #240

Category grades

Amenities A+ Commute A Cost of living F Crime A Employment A+ Housing A+ Health & safety C- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gilbert, AZ
• County: Maricopa County · 4,537,380 people
• City population: 281,769
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 44,114
• Household income: $156,425
• Rent vs Own: 8.9% rent · 91.1% own
• Severe rent burden: 173.0

Population outlook (Maricopa County) Hauer SSP2

• Today (2025): 4,979,203 people
• By 2030: 5,378,229 · +8.0%
• By 2040: 6,156,598 · +23.6%
• By 2050: 6,872,376 · +38.0%
• By 2075: 8,401,270 · +68.7%
• By 2100: 9,247,439 · +85.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 14% Two or more races 11% Asian 7% Black 2%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Italian 4% Romanian 3% Lithuanian 3%
• Foreign-born: 9% · Canada, China, Vietnam
• Languages at home: 85% English-only · Spanish 7% Other Indo-European 2% Chinese 1%

Political lean MEDSL · Maricopa

• 2024 margin: Toss-up / Even · D 47.7% · R 51.2% · Other 1.1%
• 2008→2024 swing: +7.1pp toward D · 2008: -10.6pp · 2024: -3.5pp
• All cycles: 2024: R+3.5 2020: D+2.2 2016: R+3.5 2012: R+12.0 2008: R+10.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.36%
• Current HPI: 343.6932
• Rent YoY: ▲ 4.31%
• Metro: Phoenix-Mesa-Chandler, AZ
• State GDP YoY: ▲ 4.54%
• F500 in state: 20

Industry mix (Fortune 500 HQ in AZ)

Industry	F500 HQs	Revenue
▸Technology	2	$13B
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

+13.7% since first listed

21 events — show timeline

• 2026-05-20 Price Changed $796,000 ARMLS
• 2026-05-15 Price Changed $797,000 ARMLS
• 2026-05-07 Price Changed $798,000 ARMLS
• 2026-04-13 Price Changed $799,000 ARMLS
• 2026-04-11 Price Changed $818,000 ARMLS
• 2026-04-01 Price Changed $819,000 ARMLS
• 2026-03-12 Listed $829,000 ARMLS
• 2024-03-21 Sold (Public Records) $766,000 Public Records
• 2024-03-21 Sold (MLS) $766,000 ARMLS
• 2024-02-22 Pending — ARMLS
• 2024-02-08 Price Changed $793,000 ARMLS
• 2023-12-01 Listed $795,000 ARMLS
• 2023-11-17 Sold (Public Records) $721,700 Public Records
• 2021-03-03 Sold (Public Records) $640,000 Public Records
• 2021-03-03 Sold (MLS) $640,000 ARMLS
• 2021-01-29 Contingent — ARMLS
• 2021-01-06 Price Changed $650,000 ARMLS
• 2020-11-11 Price Changed $660,000 ARMLS
• 2020-11-10 Price Changed $665,000 ARMLS
• 2020-10-29 Price Changed $670,000 ARMLS
• 2020-10-22 Listed $700,000 ARMLS

Property tax history

+12.9%/yr

Latest (2025): $2,712 · -6.3% YoY. Source: county tax records.