$494,000
4308 E LANTERN Place
Gilbert, AZ 85297
MLS# 6712882
Status: Closed
3 beds  |  2 baths

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4308 E LANTERN Place, Gilbert, AZ 85297
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Property Description
MOTIVATED SELLER. Welcome to this charming single-level residence situated in the highly desirable Power Ranch community. This delightful home offers 3 bedrooms and a den/office, 2 bathrooms, and is perfectly located backing onto a serene greenbelt, affording privacy and lush views. As you approach the home, you are greeted by a beautifully landscaped front yard. The interior is well laid out, and nicely upgraded with granite countertops and plank laminate flooring and tile throughout (no carpet!). An extended 2-car garage provides ample space for 2 vehicles and storage. Power Ranch is

Details
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Sold Price: $494,000
Status: Closed
Current Price: $494,000
List Date: 2024-05-31
Location, Tax & Legal
Assessor's Map #: 2
Legal Description (Abbrev): LOT 100 POWER RANCH NEIGHBORHOOD 1 MCR 051811
Assessor's Parcel #: 462
Tax Municipality: Gilbert
Taxes: 2091
House Number: 4308
Compass: E
Street Name: LANTERN
St Suffix: Place
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85297
Zip4: 9533
County Code: Maricopa
Assessor Number: 313-02-462
Subdivision: POWER RANCH NEIGHBORHOOD 1
Tax Year: 2023
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Approx SQFT: 1980
Price/SqFt: 249.49
Approx Lot SqFt: 7800
Approx Lot Acres: 0.179
Horses: N
Builder Name: unknown
Elementary School: Power Ranch Elementary
Jr. High School: Sossaman Middle School
High School: Higley High School
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 3
Total Bathrooms: 2
Year Built: 2001
Legal Info
Range: 6E
Section: 12
Township: 2S
Lot Number: 100
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Tile: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 0
HOA Fee: 348.75
HOA Paid Frequency: Quarterly
HOA Name: Power Ranch
HOA Telephone: 480-988-0960
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 2500
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 348.75
Disclosure Fees HOA: 382
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 116.25
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
See Private Remarks: 1
Architecture
Ranch: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Add'l Property Use
None: 1
Flooring
Laminate: 1
Tile: 1
Community Features
Biking/Walking Path: 1
Children's Playgrnd: 1
Clubhouse/Rec Room: 1
Community Spa: 1
Community Spa Htd: 1
Dining Area
Formal: 1
Eat-in Kitchen: 1
Heating
Natural Gas: 1
Kitchen Features
Built-in Microwave: 1
Dishwasher: 1
Disposal: 1
Pantry: 1
Range/Oven Elec: 1
Refrigerator: 1
Granite Counters: 1
Cooling
Central Air: 1
Laundry
Washer Included: 1
Dryer Included: 1
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: Y
Fencing
Block: 1
Water Source
City Water: 1
Community Pool Features
Heated: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 2
Garage Spaces: 2
Parking Features
Garage Door Opener: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Utilities
SRP: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
Grass Front: 1
Grass Back: 1
Irrigation Front: 1
Irrigation Back: 1
Disclosures
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
Common Area Maint: 1
Street Maint: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
Rental OK (See Rmks): 1
Clubhouse: 1
Prof Managed: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 14820
Seller Concession $/%: $
Remarks Misc
Cross Street: Higley and Queen Creek
Directions: 202 East, R ON POWER, R ON QUEEN CREEK, R ON RANCH HOUSE, L ON TANNERY, R ON RIM, L ON LANTERN
Geo Lat: 33.267639
Geo Lon: -111.697083
Status Change Info
Off Market Date: 2024-07-17
Under Contract Date: 2024-07-16
Close of Escrow Date: 2024-08-13
Sold Price: $494,000
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity
Flooring: Laminate; Tile
Community Pool Features: Heated
Spa: None
Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Community Spa; Community Spa Htd
Dining Area: Formal; Eat-in Kitchen
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Granite Counters
Laundry: Washer Included; Dryer Included
Parking Features: Garage Door Opener
Construction: Block
Const - Finish: Stucco
Roofing: Tile
Cooling: Central Air
Heating: Natural Gas
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Landscaping: Grass Front; Grass Back; Irrigation Front; Irrigation Back
Lockbox Type: Supra; See Private Remarks
Possession: Close of Escrow
Association Fee Incl: Common Area Maint; Street Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Agency Discl Req
Supplements
designed for leisure and family life, featuring walking trails, community pools, and multiple recreational area. This home's location not only offers a peaceful retreat but also convenience with easy access local amenities, shopping centers, and more. Don't miss the opportunity to own a delightful home in a prime Gilbert location. Whether you're entertaining guests or enjoying a quiet day at home, this property is sure to impress.

Listing Office: Keller Williams, Professional Partners

Last Updated: May - 23 - 2025

4308 E LANTERN Place, Gilbert, AZ 85297 - MLS# 6712882

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