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
-- mins to
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!
This one won't last!
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
|
|---|
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 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 |
|
|---|
Cumulative Days on Market: 94 |
|
|---|
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 List Price: $365,900Price Per Sqft: $220/sqft |
Status Change & Dates Off Market Date: Thu Feb 26 2026Possession Timing: Close Of Escrow |
|
|---|
MLS Status: Closed |
|
|---|
|
|---|
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 Area Building Area: 1615 Square Feet |
|
|---|
Community Features: Playground, Biking/Walking Path |
Other Playground |
|
|---|
HOA Fee Includes: No FeesHOA Name: Villa LanteHOA Phone: 480-726-8080Has an HOAHOA Fee: $287/Quarterly |
|
|---|
Lot Area: 5750 sqft |
|
|---|
Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan |
|
|---|
Business Information Ownership: Fee Simple |
|
|---|
Mls Number: 6930362 |
|
|---|
PlaygroundBiking/Walking Path |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Jan 18, 2026 Source: ARMLS #6930362 | Pending | $365,900 |
Jan 15, 2026 Source: ARMLS #6930362 | PriceChange | $365,900 Price decreased by 5% |
Dec 29, 2025 Source: ARMLS #6930362 | PendingToActive | $385,000 |
Dec 15, 2025 Source: ARMLS #6930362 | Pending | $385,000 |
Dec 3, 2025 Source: ARMLS #6930362 | PriceChange | $385,000 Price decreased by 5% |
Nov 10, 2025 Source: ARMLS #6930362 | PriceChange | $405,000 Price decreased by 5% |
Oct 23, 2025 Source: ARMLS #6930362 | PriceChange | $426,900 Price decreased by 5% |
Oct 7, 2025 Source: ARMLS #6930362 | Listed For Sale | $449,000 |
Sep 22, 2025 Source: ARMLS #6858648 | Sold | $449,000 |
Aug 13, 2025 Source: ARMLS #6858648 | Pending | $449,000 |
Apr 29, 2025 Source: ARMLS #6858648 | Listed For Sale | $449,000 |
Jan 28, 2009 Source: N/A | Sold | $196,500 |
Oct 27, 2008 Source: Agent Provided | PriceChange | $235,000 Price decreased by 2% |
Oct 18, 2008 Source: Agent Provided | Listed For Sale | $240,000 |
Sep 15, 2008 Source: Agent Provided | ListingRemoved | $252,990 |
Jun 5, 2008 Source: Agent Provided | Listed For Sale | $252,990 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,377 | $355,600 |
Home facts updated by county records
Market trends in Gilbert
Last updated July 2026
Avg. sale price
$574K
$4.67KMoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0MoM
Available listings
1109
12MoM
Around this home
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

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.