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Gilbert 85296 Gardens
1383 S PHEASANT Drive
Photo of 1383 S PHEASANT Drive
Sold on Oct 5, 2026

33

Map

Photo of 1383 S PHEASANT Drive
Photo of 1383 S PHEASANT Drive
$460,000
● House - Off Market

1383 S PHEASANT Drive

Gilbert, AZ 85296
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,090 Ft²
$2,493
Est. Monthly
$83
HOA / Fees

About This Property

Gilbert Home on Corner Lot, N/S facing 3- bedroom with 2.5 bathrooms. Boasting updated Kitchen open to family room, formal living Room., All bedrooms have spacious walk in Closets, Back yard and side have new pavers and turf. 3 Family playgrounds just few steps from home and community pool
Unit Size
2,090 Ft²
Days on Market
258 days
Land Size
0.09 acres
Price per sqft
$222
Property Type
House
Property Taxes
$129
HOA Dues
$83
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (ARMLS #6970678)

Price History

Date / Event Date Event Price
Oct 5, 2026 Sold
Premium
Sold
Jun 20, 2026 In contract -
In contract
Jun 3, 2026 Price Decreased $464,500
↓ $6K (1.2%)
Price Decreased
May 15, 2026 Price Decreased $470,000
↓ $9K (1.8%)
Price Decreased
Feb 18, 2026 Price Decreased $478,500
↓ $2K (0.3%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 4,093
  • Total Building Area: 2,090
  • Gross Building Area: 2,090
  • Building Area: 2,090
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,090
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARDENS PARCEL 6
  • Land Acres: 0000000094
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: GARDENS PARCEL 6 MCR 579-23

Neighborhood

  • School District Name: Higley Unified District
  • Census Tract: 814802

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 57923
  • Parcel: 304-29-484
  • Lot: 74
  • Meridian: SEC 24 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3255
  • Longitude: -111.7

    Address

  • Full Address: 1383 S Pheasant Dr
  • Address - House Number: 1383
  • Street Direction: S
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R116
  • 4-Digit Zip Code: 2380
  • Zip Code: 85296

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $196,156
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.1422
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 482,234
  • High Value: 550,827
  • Low Value: 413,641

    Market Valuation

  • Market Total Value: $372,100
  • Market Land Value: $74,400
  • Market Improvement Value: $297,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,210
  • Assessed Land Value: $7,440
  • Assessed Improvements Value: $29,770

    Sales

  • Current Sale Contract Date: Sep 06, 2006
  • Current Sale Recording Date: Sep 08, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006-1196198
  • Previous Sale Recording Date: Jun 01, 2004
  • Previous Sale Contract Date: May 26, 2004
  • Previous Sale Amount: $164,651
  • Previous Sale Document Type: 41
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gardens

Stats & Trends

Median Asking:

$394,950

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1472 ft²

Average Home Age

20.7 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4212 E Vest Avenue, Gilbert, AZ, 85295

$4,200 /mo

  • 3 Beds
  • 3 Baths
  • 1,486 ft²
4212 E Vest Avenue, Gilbert, AZ, 85295 Listing by Brenda Baca
Unit for rent at 4060 E Vest Avenue, Gilbert, AZ, 85295

$2,150 /mo

  • 3 Beds
  • 3 Baths
  • 1,486 ft²
4060 E Vest Avenue, Gilbert, AZ, 85295 Listing by Adam Coburn
Unit for rent at 6908 E Peralta Circle, Mesa, AZ, 85212

$9,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,900 ft²
6908 E Peralta Circle, Mesa, AZ, 85212 Listing by Sharry C Nelson

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Edith Gilbertsen, West USA Realty
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 6970678
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1383 South Pheasant built and last sold?
The property at 1383 South Pheasant was built in 2004 and last sold on Sep 6, 2006 for $250,000.
How much is this home worth?
The estimated value of the home located at 1383 South Pheasant is $477,351.
What are some comparable homes to 1383 South Pheasant?
There are currently no comparable homes to 1383 South Pheasant.
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