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$360,000
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Property Description
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
Full Property Details
Full Property Details for 3640 E Caleb Way
General
- Sold For: $360,000
- HOA FEE: $48/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,560 (2025)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6957956
- Added to Site: 31 day(s) ago
Interior
- Interior Features: Double Vanity, Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Diving Pool
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1S
- Subdivision: CAROL RAE RANCH
- Cross Streets: HIgley Rd. and Houston Ave.
Community
- Association: Yes
- Assoc. Name: Coral Rae Ranch
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Builder: Continental
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Sq. Ft. Source: Assessor
- Year Built: 1996
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,013
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Gravel/Stone Front
- Fencing (Description): Block
Financial Considerations
- Association Fee: $145
- Assoc Fee Freq.: Quarterly
- Tax Amount: $1,560
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 120 CAROL RAE RANCH MCR
- Property ID: 304-07-162
- Range: 6E
- Section: 2
- Lot Number: 120
Listed by Redfin Corporation
Sold by Venture REI, LLC
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Schools
Schools serving 3640 E Caleb Way
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Carol Rae Ranch Elementary School 3777 East Houston Avenue, Gilbert, AZ 85234 | PK-6 | 0.2 mi |
Highland High School 4301 East Guadalupe Road, Gilbert, AZ 85234 | 9-12 | 1.2 mi |
Highland Jr High School 6915 East Guadalupe Road, Mesa, AZ 85212 | 7-8 | 1.8 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 3640 E Caleb Way
Date
Details
Price
Change
Source
12/19/2025
Sold
$360,000
—
MLS
12/16/2025
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3640 E Caleb Way, Gilbert, AZ 85234 (MLS# 6957956) is a Single Family property that was sold at $360,000 on December 19, 2025. Want to learn more about 3640 E Caleb Way? 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.

