$500,000

1138 E Liberty Shores Dr Gilbert, AZ 85234

$5,938
Closing credit¹
4 beds
3 baths
1,536 sqft
0.08 acres
$326 / sqft
House

Property details

About 1138 E Liberty Shores Dr

Turnkey STR in prime Gilbert location! 1138 E Liberty Shores Dr is a 4 bed, 2.5 bath home generating approx. $65K/year in gross income, around 7% cap rate. Situated on a corner lot across from a park and walking path, with access to a community pool. Recent upgrades: roof (2021), A/C (2019), energy-efficient water heater, blown-in insulation, windows (2022), and exterior paint (2023). Inside features smart thermostats, new carpet, updated kitchen, and epoxied garage. Tech upgrades include Bluetooth door lock and exterior camera. Backyard with turf and pavers is ideal for guests. Double car garage adds convenience. Additional Bonus Features: Solar, EV Charger 240volts, Irrigation Controller for Fruit Trees. Sold Furnished. Professionally managed and ready to go!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,536 sqft
Lot size0.08 Acres
Year built1991
MLS #6850712
Garage2 spaces

Summary

  • Interior: Upstairs, Furnished(See Rmrks), Kitchen Island, Double Vanity, Full Bth Master Bdrm
  • Fireplace: None
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Private Pool: No
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $500,000
  • Price/SqFt: $325
  • HOA Amount: $40
  • HOA Frequency: Monthly
  • Annual Tax Amount: $1,255
  • Tax Year: 2024
  • Directions: East on Elliot, North on Lakeview, right on Lakeview Dr, right on Heritage Cove subdivision, left on Liberty Shores to property on right.
  • Year Built: 1991
  • Stories: 2
  • Living Area: 1,536 SqFt
  • Lot Size: 0.08 Acres
  • MLS Number: 6850712
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821
  • Office Email: az.broker@exprealty.net
  • Listing Agent: Sidney Richards, Nicole Richards

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with stucco siding, fence, driveway, and a tile roof

$500,000

1138 E Liberty Shores Dr

$5,938

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 31, 2020
Home Sold
$301,500
Nov 16, 2016
Home Sold
$229,000
Apr 28, 2008
Home Sold
$195,000
Mar 05, 2004
Home Sold
$131,500
Nov 12, 1996
Home Sold
$102,000
Nov 25, 1991
Home Sold
$79,000

Tax history

YearAssessmentProperty Tax
2024$36,520$1,255
2023$29,800$1,216
2022$22,400$1,281
2020$19,730$1,262
2019$17,250$1,133
2017$14,830$1,096

History based on county public records data.

Nearby schools

8

Patterson Elementary School

Public District PK-6

0.5 mi

1211 E Guadalupe Rd

8

Mesquite Elementary School

Public District PK-6

0.9 mi

1000 E Mesquite St

7

Burk Elementary School

Public District PK-6

0.9 mi

545 N Burk St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $74,936. Residents of Gilbert, AZ typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

14%
<35k
52%
35k-100k
28%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

35%
Single, No Kids
14%
Single, with Kids
29%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
45%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1138 E Liberty Shores Dr

The listing price of 1138 E Liberty Shores Dr property is $500,000.

The property 1138 E Liberty Shores Dr is a house located in Gilbert, Arizona, 85234.

Active Listing: 1138 E Liberty Shores Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1138 E Liberty Shores Dr are: Patterson Elementary School (GreatSchools Rating 8/10), Mesquite Elementary School (GreatSchools Rating 8/10), Burk Elementary School (GreatSchools Rating 7/10), Greenfield Junior High School (GreatSchools Rating 7/10), Mesquite Junior High School (GreatSchools Rating 4/10), South Valley Junior High School (GreatSchools Rating 7/10), Gilbert High School (GreatSchools Rating 5/10), Gilbert Classical Academy 7-12 (GreatSchools Rating 10/10), Gps Global Academy (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $1,255 (source: MLS/based on county public records data).

The last sale was on July 31, 2020 for $301,500 (source: MLS/tax record).

The property at 1138 E Liberty Shores Dr has 4 bedrooms and 3 bathrooms.

The property 1138 E Liberty Shores Dr is 1,536 SqFt (source: MLS/tax record).

The year of construction for 1138 E Liberty Shores Dr is 1991.

This home is located at 1138 E Liberty Shores Dr in Gilbert, AZ and zip code 85234 in the Wind Drift neighborhood. This 1,536 square foot home, which was built in 1991, sits on a 0.08 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $500,000.

Over 38 listings were sold over their listed price in March 2025 in Gilbert, AZ. In the same period over 179 listings were sold below the listed price and 74 listings were sold for the listed price. The number of listings in Gilbert, AZ increased by 13.2% between February and March 2025. In March 2025 median list price was $585,031 and the average listing age was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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