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$640,000
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Property Description
Experience elevated living in this upgraded Fulton home with an impressive gas range, new water heater, water softener and installed RO, nestled in the highly sought-after Freeman Farms. Ideally located next to the serene community waterfall and lake, this property offers a rare level of privacy with only one neighbor. The home comes equipped with owned solar panels, allowing new owners to enjoy energy efficiency. Step outside into a lush backyard with a vibrant lawn and a covered patio, ideal for gatherings and relaxation. Located just 5 minutes from Gilbert Regional Park's pickleball courts, this home also offers easy access the 202 freeway, SanTan Village, and the exciting new Epicenter development.
Full Property Details
Full Property Details for 2550 E Penedes
General
- Sold For: $640,000
- HOA FEE: $105/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,619 (2023)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6759038
- Added to Site: 513 day(s) ago
Interior
- Interior Features: Granite Counters, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace(s): None
- Flooring: Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: RV Gate, Garage Door Opener, Extended Length Garage
Location
- County: Maricopa
- Township: 2S
- Subdivision: FREEMAN FARMS PHASE 3 PARCEL 4
- Cross Streets: Ocotillo & Greenfield
Community
- Association: Yes
- Assoc. Name: Freeman Farms
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Programmable Thermostat
- Heating Type: Natural Gas
Utilities
- Water: City Water
- Utility Description: SRP, SW Gas
Structural Information
- Architectural Style: Ranch,
- Builder: Fulton
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2013
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,181
- Lot Size Source: Assessor
- Lot Features: Sprinklers In Rear, Corner Lot, Desert Back, Grass Back
- Fencing (Description): Block
Green Features
- Water Conservation: Tankless Ht Wtr Heat
Financial Considerations
- Association Fee: $314
- Assoc Fee Freq.: Quarterly
- Tax Amount: $2,619
- Tax Year: 2023
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 575 FREEMAN FARMS PHASE 3 PARCEL 4 MCR 090116
- Property ID: 304-81-522
- Range: 6E
- Section: 22
- Lot Number: 575
Listed by Dwel Llc
Sold by Barrett Real Estate
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Schools
Schools serving 2550 E Penedes
School District:Chandler Unified District
| Name | Grades | Distance |
|---|---|---|
Chandler Traditional Academy-Freedom 6040 Joslyn Lane, Gilbert, AZ 85298 | PK-6 | 0.8 mi |
Dr. Camille Casteel High School 24901 South Power Road, Queen Creek, AZ 85142 | 7-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2550 E Penedes
Date
Details
Price
Change
Source
3/03/2025
Sold
$640,000
—
MLS
2/05/2025
Price Reduced
$640,000
-1.52%
MLS
2/03/2025
Price Reduced
$649,900
-0.02%
MLS
1/21/2025
Price Reduced
$650,000
-2.26%
MLS
12/04/2024
Price Reduced
$665,000
-2.92%
MLS
11/15/2024
Price Reduced
$685,000
-1.44%
MLS
11/01/2024
Price Reduced
$695,000
-0.71%
MLS
9/25/2024
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2550 E Penedes, Gilbert, AZ 85298 (MLS# 6759038) is a Single Family property that was sold at $640,000 on March 03, 2025. Want to learn more about 2550 E Penedes? Do you have questions about finding other Single Family real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

