Opportunity awaits in this 3-bedroom, 2-bath home located in a highly desirable Gilbert location. Offered AS-IS, this property is ideal for investors or buyers looking to add value with updates and improvements. The functional floor plan provides a solid starting point, and the prime location is hard to beat—just minutes from the Riparian Preserve, as well as nearby shopping and dining. With strong upside potential in a sought-after area, this is a great opportunity. Mortgage savings may be available for buyers of this listing
Pending
$360,000
3640 E Caleb Way, Gilbert, AZ 85234
3beds
1,387sqft
Est.:
Single Family Residence
Built in 1996
7,013 Square Feet Lot
$-- Zestimate®
$260/sqft
$48/mo HOA
What's special
Functional floor plan
- 2 days |
- 513 |
- 37 |
Zillow last checked: 8 hours ago
Listing updated: December 16, 2025 at 03:08pm
Listed by:
Kimberly Lotz 602-524-0017,
Redfin Corporation
Source: ARMLS,MLS#: 6957956
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air
Features
- Double Vanity, Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm, Separate Shwr & Tub
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,387
- Total interior livable area: 1,387 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered
- Has private pool: Yes
- Pool features: Diving Pool
- Spa features: None
- Fencing: Block
Lot
- Size: 7,013 Square Feet
- Features: Gravel/Stone Front
Details
- Parcel number: 30407162
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Fixer
- Year built: 1996
Details
- Builder name: Continental
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: CAROL RAE RANCH
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $145 quarterly
- HOA name: Coral Rae Ranch
- HOA phone: 602-957-9191
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $409,500
- Annual tax amount: $1,560
- Date on market: 12/16/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Pending sale | $360,000$260/sqft |
Source:  ARMLS #6957956 Report a problem | ||
| 12/16/2025 | Listed for sale | $360,000+156.2%$260/sqft |
Source: ARMLS #6957956 Report a problem | ||
| 9/26/2002 | Sold | $140,500+3.1%$101/sqft |
Source: ARMLS #1860684 Report a problem | ||
| 7/23/2002 | Sold | $136,340+21.2%$98/sqft |
Source: Public Record Report a problem | ||
| 5/30/1997 | Sold | $112,485$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,426 -0.9% | $40,950 +127.2% |
| 2023 | $1,439 -1.7% | $18,020 -29.7% |
| 2022 | $1,464 -3.2% | $25,620 +7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,064/mo
Principal & interest
$1767
Home insurance
$126
Other costs
$171
Climate risks
Neighborhood: Carol Rae Ranch
Nearby schools
GreatSchools rating
- 8/10Carol Rae Ranch Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 7/10Highland High SchoolGrades: 8-12Distance: 1.2 mi
- 8/10Highland Jr High SchoolGrades: 6-8Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Carol Rae Ranch Elementary
- Middle: Highland Jr High School
- High: Highland 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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