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 $1,982/mo*
$356,000
Last Sold: Feb 27, 2026
3% below list $366K
$220/sqft
Est. Refi. Payment $1,982/mo*
2 Beds
2.5 Baths
1,615 sqft
Local Information
© Google
-- mins to
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 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!
This one won't last!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 28, 2026
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$96/Monthly
Price/Sqft
$220/sqft
Listed
179 days ago
Home Details for 1281 E FRANCES Lane
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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 |
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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 |
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Cumulative Days on Market: 94 |
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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 |
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Price List Price: $365,900Price Per Sqft: $220/sqft |
Status Change & Dates Off Market Date: Thu Feb 26 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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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 |
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Building Area Building Area: 1615 Square Feet |
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Community Features: Playground, Biking/Walking Path |
Other Playground |
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HOA Fee Includes: No FeesHOA Name: Villa LanteHOA Phone: 480-726-8080Has an HOAHOA Fee: $287/Quarterly |
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Lot Area: 5750 sqft |
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Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6930362 |
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PlaygroundBiking/Walking Path |
Last check for updates: about 11 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.
Price History for 1281 E FRANCES Lane
| Date | Price | Event | Source |
|---|---|---|---|
| 02/27/2026 | $356,000 | Sold | ARMLS #6930362 |
| 02/26/2026 | $365,900 | Pending | ARMLS #6930362 |
| 02/24/2026 | $365,900 | PendingToActive | ARMLS #6930362 |
| 02/16/2026 | $365,900 | Pending | ARMLS #6930362 |
| 02/16/2026 | $365,900 | PendingToActive | ARMLS #6930362 |
| 01/18/2026 | $365,900 | Pending | ARMLS #6930362 |
| 01/15/2026 | $365,900 | PriceChange | ARMLS #6930362 |
| 12/29/2025 | $385,000 | PendingToActive | ARMLS #6930362 |
| 12/15/2025 | $385,000 | Pending | ARMLS #6930362 |
| 12/03/2025 | $385,000 | PriceChange | ARMLS #6930362 |
| 11/10/2025 | $405,000 | PriceChange | ARMLS #6930362 |
| 10/23/2025 | $426,900 | PriceChange | ARMLS #6930362 |
| 10/07/2025 | $449,000 | Listed For Sale | ARMLS #6930362 |
| 09/22/2025 | $449,000 | Sold | ARMLS #6858648 |
| 08/13/2025 | $449,000 | Pending | ARMLS #6858648 |
| 04/29/2025 | $449,000 | Listed For Sale | ARMLS #6858648 |
| 01/28/2009 | $196,500 | Sold | N/A |
| 10/27/2008 | $235,000 | PriceChange | Agent Provided |
| 10/18/2008 | $240,000 | Listed For Sale | Agent Provided |
| 09/15/2008 | $252,990 | ListingRemoved | Agent Provided |
| 06/05/2008 | $252,990 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,377 |
| Assessment | $355,600 |
Home facts updated by county records
Comparable Sales for 1281 E FRANCES Lane
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $455,000 | 06/16/25 | 3 | 2.5 | 1,615 | |
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 | |
0.39 | Single-Family Home | $450,000 | 01/29/26 | 3 | 2.5 | 1,773 | |
0.48 | Single-Family Home | $477,500 | 09/05/25 | 3 | 3 | 1,837 | |
0.56 | Single-Family Home | $405,000 | 10/21/25 | 3 | 2.5 | 1,684 | |
0.26 | Single-Family Home | $785,000 | 02/10/26 | 4 | 2.5 | 2,772 | |
0.59 | Single-Family Home | $420,000 | 06/19/25 | 3 | 2 | 1,357 |
Assigned Schools
These are the assigned schools for 1281 E FRANCES Lane.
- South Valley Jr. High School
- 7-8
- Public
- 874 Students
8/10GreatSchools RatingParent Rating AverageWe love SV! Fantastic teachers all around!Parent Review1y ago - Spectrum Elementary School
- PK-6
- Public
- 577 Students
9/10GreatSchools RatingParent Rating AverageOur experience involves the principal - he is most definitely a bully and our child, who has never had issue has been home in tears. We meet with the man and Scott Thomas is an atrocity! Our son is completely traumatized and, after meeting with him with my wife - we understand why!Parent Review5mo ago - Campo Verde High School
- 8-12
- Public
- 1862 Students
7/10GreatSchools RatingParent Rating AverageI've had nothing but a rough experience at CVHS. Being bullied the entirety of HS wasn't very fun. But the only thing worse than that was the lack of empathy or care from administrators. I personally do not think Mr. Dumas does a good job whatsoever, as our school has so many flaws it's hard to look past most of them. Dirty campus with moldy ceiling tiles, a college level teacher who yells at students for a living, and a burnt out admin group that looks past most problems. The students here range from decent to mean, most of them aren't nice.Student Review1y ago 
Check out schools near 1281 E FRANCES Lane.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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1281 E FRANCES Lane, Gilbert, AZ 85295 is a 2 bedroom, 3 bathroom, 1,615 sqft single-family home built in 2004. 1281 E FRANCES Lane is located in Spectrum, Gilbert. This property is not currently available for sale. 1281 E FRANCES Lane was last sold on Feb 27, 2026 for $356,000 (3% lower than the asking price of $365,900).