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Gilbert 85234 Superstition Meadows
4266 E MILLBRAE Lane
Photo of 4266 E MILLBRAE Lane
Sold on Jun 24, 2026

69

Map

Photo of 4266 E MILLBRAE Lane
Photo of 4266 E MILLBRAE Lane
$630,000
● House - Off Market

4266 E MILLBRAE Lane

Gilbert, AZ 85234
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,772 Ft²
$3,362
Est. Monthly
$40
HOA / Fees

About This Property

Spacious and beautifully designed 6-bedroom, 3-bath home offering 2,772 sqft of comfortable living! Featuring two generous living areas, this home is filled with natural light and boasts high ceilings that create an open, airy feel. The large living and dining rooms are perfect for entertaining. The kitchen shines with quartz countertops, a center island, and crisp white cabinetry. A bedroom and full bathroom downstairs provide flexibility for guests or multi-generational living. Upstairs, the expansive primary suite includes a full bath with separate tub and shower. Complete with a 2-car garage!
Unit Size
2,772 Ft²
Days on Market
57 days
Land Size
0.17 acres
Price per sqft
$231
Property Type
House
Property Taxes
$179
HOA Dues
$40
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 months ago (ARMLS #7017971)

Price History

Date / Event Date Event Price
Jun 24, 2026 Sold
Premium
Sold
Jun 13, 2026 In contract -
In contract
Jun 4, 2026 Price Decreased $640,000
↓ $10K (1.5%)
Price Decreased
May 20, 2026 Relisted $650,000
Relisted
Apr 22, 2026 Listed by Real Broker $650,000
Listed by Real Broker
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 4
  • 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

    Dimensions

  • Lot Size Square Feet: 7,392
  • Total Building Area: 2,772
  • Gross Building Area: 2,772
  • Building Area: 2,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,772
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUPERSTITION MEADOWS SUBDIVISION
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: SUPERSTITION MEADOWS SUBDIVISION MCR 362-08

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422622

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 36208
  • Parcel: 309-05-087
  • Lot: 87
  • Meridian: SEC 1 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3753
  • Longitude: -111.699

    Address

  • Full Address: 4266 E Millbrae Ln
  • Address - House Number: 4266
  • Street Direction: E
  • Address - Street Name: Millbrae
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R102
  • 4-Digit Zip Code: 0136
  • Zip Code: 85234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $208,026
  • Tax Rate Code Area: 410609

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 603,417
  • High Value: 691,663
  • Low Value: 515,170

    Market Valuation

  • Market Total Value: $432,200
  • Market Land Value: $86,400
  • Market Improvement Value: $345,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,220
  • Assessed Land Value: $8,640
  • Assessed Improvements Value: $34,580

    Sales

  • Current Sale Contract Date: Oct 07, 2002
  • Current Sale Recording Date: Oct 15, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2002-1065661
  • Previous Sale Recording Date: Jan 12, 2001
  • Previous Sale Contract Date: Dec 14, 2000
  • Previous Sale Amount: $192,900
  • Previous Sale Document Type: 71

    Last Sale Mortgage

  • First Mortgage Loan Type:
    Premium
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 Superstition Meadows

Stats & Trends

Median Asking:

$632,500

Sale Price/ft²

$281

Below Asking

0.03%

Average Days on Market

79

Average Home Size

2108 ft²

Average Home Age

31 years

Currently For Sale

1 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 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
Unit for rent at 7239 E Lobo Avenue, Mesa, AZ, 85209

$2,295 /mo

  • 3 Beds
  • 2 Baths
  • 1,630 ft²
7239 E Lobo Avenue, Mesa, AZ, 85209 Listing by Chad Hagenson
Unit for rent at 4099 E Libra Avenue, Gilbert, AZ, 85234

$3,950 /mo

  • 4 Beds
  • 2 Baths
  • 1,489 ft²
4099 E Libra Avenue, Gilbert, AZ, 85234 Listing by Drew Y Brantley

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Alisha B Anderson, Real Broker
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 7017971
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 4266 East Millbrae Lane built and last sold?
The property at 4266 East Millbrae Lane was built in 1997 and last sold on Oct 7, 2002 for $206,000.
How much is this home worth?
The estimated value of the home located at 4266 East Millbrae Lane is $656,500.
What are some comparable homes to 4266 East Millbrae Lane?
There are currently no comparable homes to 4266 East Millbrae Lane.
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