1281 E FRANCES Lane, Gilbert, AZ 85295
SOLD
FEB 27, 2026

1281 E FRANCES Lane
Gilbert, AZ 85295

Spectrum
  • 2 Beds
  • 2.5 Baths
  • 1,615 sqft

$356,000

Last Sold: Feb 27, 2026
3% below list $366K
$220/sqft
Est. Refi. Payment $2,020/mo*

$356,000

Last Sold: Feb 27, 2026
3% below list $366K
$220/sqft
Est. Refi. Payment $2,020/mo*
2 Beds
2.5 Baths
1,615 sqft

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Single-Family Home
$470,000
02/17/26
3
2.5
1,960
0.09
Single-Family Home
$475,000
11/19/25
3
2.5
1,960
0.09
Single-Family Home
$495,000
11/25/25
3
2.5
2,092
0.16
Single-Family Home
$525,000
05/21/26
3
2
1,901
0.10
Single-Family Home
$460,000
02/11/26
4
2.5
2,092
0.39
Single-Family Home
$450,000
01/29/26
3
2.5
1,773
0.54
Single-Family Home
$410,000
06/05/26
3
2.5
1,576
0.48
Single-Family Home
$477,500
09/05/25
3
3
1,837

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$412,100
3
2
1,343
Off Market
0.05
$441,000
2
2.5
1,615
Off Market
0.07
$549,000
4
2.5
2,457
Off Market
0.05
$520,400
4
2.5
2,458
Off Market
0.08
$538,900
4
2.5
2,457
Off Market
0.10
$2,200,000
-
-
-
For Sale
0.09
$475,000
3
2.5
1,960
Recently Sold
0.09
$470,000
3
2.5
1,960
Recently Sold
0.10
$475,000
3
2.5
1,960
For Sale
0.09
$495,000
3
2.5
2,092
Recently Sold
0.10
$460,000
4
2.5
2,092
Recently Sold

Local Information

  • Map ViewExplore the area around 1281 E FRANCES Lane.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2004
Living Area
1,615 sqft
Price/Sqft
$220/sqft
Parking
Garage
HOA
$96/Monthly

About this House

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 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!
1281 E FRANCES Lane, Gilbert, AZ 85295 is a 2 bedroom, 3 bathroom, 1,615 sqft single-family home in Spectrum, built in 2004. It last sold for $356,000 on Feb 27, 2026 (3% below the $365,900 asking price). It is currently off market. The Trulia Estimate rent is $2,103/month.
Last check for updates: about 4 hours ago
Listed by Kara M Beecroft, (602) 377-4141
The Ave Collective
Bought with: Jill Dench, (480) 652-1011, LPT Realty, LLC
Source: ARMLS, MLS#6930362
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 1281 E FRANCES Lane

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1615 Square Feet
Appliances & Utilities
Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Gas OvenDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Spa: None
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1

Exterior Features

Exterior Home Features
Roof: TileFencing: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 94

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Stucco, BlockNot Attached Property
Property Information
Parcel Number: 30446124

Price & Status

Price
List Price: $365,900Price Per Sqft: $220/sqft
Status Change & Dates
Off Market Date: Thu Feb 26 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: SPECTRUM AT VAL VISTA
School Information
Elementary School: Spectrum ElementaryElementary School District: Gilbert Unified DistrictJr High / Middle School: South Valley Jr. HighHigh School: Gilbert High SchoolHigh School District: Gilbert Unified District

Building

Building Area
Building Area: 1615 Square Feet

Community

Community Features: Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: No FeesHOA Name: Villa LanteHOA Phone: 480-726-8080Has an HOAHOA Fee: $287/Quarterly

Lot Information

Lot Area: 5750 sqft

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6930362

Additional Information

PlaygroundBiking/Walking Path

Price and Tax history

DateEventPrice
Feb 27, 2026
Source: ARMLS #6930362
Sold
$356,000
Feb 26, 2026
Source: ARMLS #6930362
Pending
$365,900
Feb 24, 2026
Source: ARMLS #6930362
PendingToActive
$365,900
Feb 16, 2026
Source: ARMLS #6930362
Pending
$365,900
Feb 16, 2026
Source: ARMLS #6930362
PendingToActive
$365,900

Market trends in Gilbert

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$574K
$4.67K
MoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0
MoM
Available listings
1109
12
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Spectrum

At least 35 Trulia users voted on each feature.
  • 96 % Say there are sidewalks

  • 95 % Say it's dog friendly

  • 92 % Say car is needed

  • 90 % Say streets are well-lit

  • 88 % Say people would walk alone at night

  • 80 % Say kids play outside

  • 71 % Say it's walkable to restaurants

  • 71 % Say there's holiday spirit

  • 70 % Say it's walkable to grocery stores

  • 68 % Say it's quiet

  • 65 % Say parking is easy

  • 54 % Say yards are well-kept

  • 53 % Say they plan to stay for at least 5 years

  • 44 % Say neighbors are friendly

  • 34 % Say there are community events

  • 14 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • David kesling
    "Lived in this neighborhood for 8 years and love it! Great neighbors and plenty to do close to the neighborhood! "
  • Trulia User
    "Good walking paths and a lot of dog Owners. Several veterinarian offices nearby. Stands with a supply of refuse bags"
  • Trulia User
    "Turkey trot. Christmas light and decorating. Trick or treating. All holidays are thoroughly celebrated which just makes every season something you enjoy and look forward to. "
  • Trulia User
    "Great safe neighborhood! Plenty of things to do within walking distance! Most neighbors stay neighbors for a long time! "
  • BKH
    "Large Green belts and walking paths. Green belt walking paths. Many dog owners. Close to other dog parks."
  • Helena S.
    "I love the neighborhood and it’s close to shopping, food and much more! There is also public transportation everywhere!"
  • Tawny M. A.
    "Good neighborhood, great location, close to freeway. With the whole covid-19 going on - all members of community got together and helped one another out.... and it was a beautiful thing. "
  • Tawny A
    "Hardly any traffic, right next to the freeway, anything you could need is within a five minute drive "
  • Ariel L.
    "We have regular food truck nights, community garage sales, events in the main park where our neighborhood office is located"
  • Lisa C.
    "I drive myself or I have two teens.. ;) I chose Spectrum for it's great location to so much and have friends who boasted about how family oriented this community is.. and it has proven itself to all of our expectations and more. My kids and I love it here!"
  • Annie Mayson
    "I've lived in my neighborhood for seven years now, and my family and I loved it. quiet and friendly neighborhood."
  • Alisha M.
    "Great for Families . School in neighborhood and great parks . Community events and clean. Expensive on the downside "

LGBTQ Local Legal Protections

Frequently asked questions about 1281 E FRANCES Lane

  • What is the price history for 1281 E FRANCES Lane?
    1281 E FRANCES Lane in Gilbert, AZ last sold for $356,000 in February 2026.
  • Is Gilbert a buyer's or seller's market?
    Gilbert is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Gilbert?
    The median sale price in Gilbert is $574K. That is up $4.67K from the prior month.
  • What do residents say about the Spectrum neighborhood?
    Residents describe the Spectrum neighborhood in Gilbert, AZ as pedestrian-friendly, dog-friendly, and walkable to restaurants. See recently sold homes in Spectrum, Gilbert.
  • Does 1281 E FRANCES Lane have air conditioning?
    Yes, 1281 E FRANCES Lane in Gilbert, AZ has air conditioning.
  • Does 1281 E FRANCES Lane have laundry facilities?
    Yes, 1281 E FRANCES Lane in Gilbert, AZ has in-unit laundry.

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