6 days on RocketTour
$5,344 Closing Credit¹
#6856125, Brandy I Aguirre, Listing Office: Home Key Realty
#6858648·
Listing office: Real Broker·
Listing agent: Kara M Beecroft·
Listing office phone: 602-755-3415
$449,000 List price
1281 E Frances Ln Gilbert, AZ 85295
$5,332
Closing credit¹
2 beds
3 baths
1,615 sqft
0.1 acres
$278 / sqft
House
Property details
About 1281 E Frances Ln
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 potentialplenty 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!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,615 sqft
Lot size0.13 Acres
Year built2004
MLS #6858648
Garage2 spaces
Fireplace1 Fireplace
Summary
- Flooring Type: Carpet, Tile
- Interior: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Double Vanity, Separate Shwr & Tub
- Fireplace: 1 Fireplace
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Private Pool: No
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $449,000
- Price/SqFt: $278
- HOA Amount: $95
- HOA Frequency: Quarterly
- Annual Tax Amount: $1,374
- Tax Year: 2024
- Lot: Desert Front
- Directions: Head west on E Pecos Rd, Turn right onto S Passion Dr, Turn left at the 1st cross street onto E Frances Ln.
- Year Built: 2004
- Stories: 1
- Living Area: 1,615 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 6858648
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Real Broker
- Office Phone: (602) 755-3415
- Office Email: Membership@TheRealBrokerage.com
- Listing Agent: Kara M Beecroft
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, 11:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,000
1281 E Frances Ln
$5,332
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 28, 2009 | Home Sold | $196,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $38,300 | $1,374 |
| 2023 | $31,460 | $1,333 |
| 2022 | $23,730 | $1,402 |
| 2020 | $20,130 | $1,380 |
| 2019 | $18,660 | $1,230 |
| 2017 | $16,910 | $1,188 |
History based on county public records data.
Nearby schools
7
Spectrum Elementary School
Public District PK-6
0.5 mi
•2846 S Spectrum Way
9
Quartz Hill Elementary School
Public District PK-6
0.7 mi
•3680 S Quartz St
8
Ashland Ranch Elementary School
Public District PK-6
1.5 mi
•1945 S Ashland Ranch Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,285. Most Gilbert, AZ residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
8%
<35k
54%
35k-100k
29%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
14%
Single, with Kids
19%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
8%
12-17 yrs old
31%
18-34 yrs old
34%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Major League Soccer (MLS)
Yoga/pilates
Where do the neighbors shop?
Express/Express For Men
Banana Republic
H&M
Where do the neighbors go to eat?
Qdoba
Sonic
Dominos Pizza
What do the neighbors drive?
Volkswagen
Infiniti
Audi
What do the neighbors listen to?
Urban Contemporary
Alternative
Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1281 E Frances Ln
The listing price of 1281 E Frances Ln property is $449,000.
The property 1281 E Frances Ln is a house located in Gilbert, Arizona, 85295.
Active Listing: 1281 E Frances Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1281 E Frances Ln are: Spectrum Elementary School (GreatSchools Rating 7/10), Quartz Hill Elementary School (GreatSchools Rating 9/10), Ashland Ranch Elementary School (GreatSchools Rating 8/10), South Valley Junior High School (GreatSchools Rating 7/10), Legacy Traditional School - Chandler (GreatSchools Rating 9/10), Legacy Traditional School Gilbert (GreatSchools Rating 9/10), Campo Verde High School (GreatSchools Rating 7/10), Arizona Connections Academy (GreatSchools Rating 5/10), Leading Edge Academy Online (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $1,374 (source: MLS/based on county public records data).
The last sale was on January 28, 2009 for $196,500 (source: MLS/tax record).
The property at 1281 E Frances Ln has 2 bedrooms and 3 bathrooms.
The property 1281 E Frances Ln is 1,615 SqFt (source: MLS/tax record).
The year of construction for 1281 E Frances Ln is 2004.
This home is located at 1281 E Frances Ln in Gilbert, AZ and zip code 85295 in the Spectrum neighborhood. This 1,615 square foot home, which was built in 2004, sits on a 0.13 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $449,000.
While more than 38 listings in Gilbert, AZ in March 2025 were sold above asking price, there were more than 74 listings sold at asking price, and more than 179 were sold below. In March 2025 in Gilbert, AZ there were 13.2% more homes for sale than in February. 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.