$385,000
1281 E FRANCES Lane
Gilbert, AZ 85295
MLS# 6930362
Status: Pending
2 beds  |  3 baths


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Property Description
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

Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $385,000
Status: Pending
Current Price: $385,000
List Date: 2025-10-03
Location, Tax & Legal
Assessor's Map #: 46
Assessor's Parcel #: 124
Tax Municipality: Maricopa - COUNTY
Taxes: 1363
House Number: 1281
Compass: E
Street Name: FRANCES
St Suffix: Lane
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85295
Zip4: 8396
County Code: Maricopa
Assessor Number: 304-46-124
Subdivision: SPECTRUM AT VAL VISTA
Tax Year: 2024
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 2
Full Bathrooms: 2
Half Bathrooms: 1
Approx SQFT: 1615
Price/SqFt: 238.39
Approx Lot SqFt: 5750
Approx Lot Acres: 0.132
Horses: N
Builder Name: UNK
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Elementary School: Spectrum Elementary
Jr. High School: South Valley Jr. High
High School: Gilbert High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 2
Total Bathrooms: 3
Year Built: 2004
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Tile: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 111
HOA Fee: 286.5
HOA Paid Frequency: Quarterly
HOA Name: Villa Lante
HOA Telephone: 480-726-8080
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 0
Disclosure Fees HOA: 400
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 95.5
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Private Toilet Room: 1
Master Bedroom
Upstairs: 1
Community Features
Biking/Walking Path: 1
Children's Playgrnd: 1
Dining Area
Eat-in Kitchen: 1
Heating
Natural Gas: 1
Kitchen Features
Dishwasher: 1
Gas Oven: 1
Gas Range: 1
Built-in Microwave: 1
Refrigerator: 1
Cooling
Central Air: 1
Laundry
Washer Included: 1
Dryer Included: 1
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Fencing
Block: 1
Water Source
City Water: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 0
Total Covered Spaces: 2
Garage Spaces: 2
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Utilities
SRP: 1
City Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
Dirt Back: 1
Desert Front: 1
Disclosures
Seller Discl Avail: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
Remarks Misc
Cross Street: Val Vista & Pecos
Directions: Head west on E Pecos Rd, Turn right onto S Passion Dr, Turn left at the 1st cross street onto E Frances Ln
Geo Lat: 33.293107
Geo Lon: -111.762265
Status Change Info
Off Market Date: 2025-12-15
Under Contract Date: 2025-12-12
Legal Info
Township: 1S
Lot Number: 103
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room
Master Bedroom: Upstairs
Spa: None
Community Features: Biking/Walking Path; Children's Playgrnd
Dining Area: Eat-in Kitchen
Kitchen Features: Gas Oven; Gas Range; Dishwasher; Built-in Microwave; Refrigerator
Laundry: Washer Included; Dryer Included
Construction: Block
Const - Finish: Stucco
Roofing: Tile
Cooling: Central Air
Heating: Natural Gas
Utilities: SRP; City Gas
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Landscaping: Dirt Back; Desert Front
Lockbox Type: Supra
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail
Supplements
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!

IDX
Listing Office: The Ave Collective

Last Updated: December - 15 - 2025

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