$7,600

closing credit¹

2550 E Penedes Dr Gilbert, AZ 85298

$640,000
5 beds
3 baths
3,083 sqft
0.2 acres
$208 / sqft
House

Property details

About 2550 E Penedes Dr

Experience elevated living in this upgraded Fulton home with an impressive gas range, new water heater, water softener and installed RO, nestled in the highly sought-after Freeman Farms. Ideally located next to the serene community waterfall and lake, this property offers a rare level of privacy with only one neighbor. The home comes equipped with owned solar panels, allowing new owners to enjoy energy efficiency. Step outside into a lush backyard with a vibrant lawn and a covered patio, ideal for gatherings and relaxation. Located just 5 minutes from Gilbert Regional Park's pickleball courts, this home also offers easy access the 202 freeway, SanTan Village, and the exciting new Epicenter development.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
Size3,083 sqft
Lot size0.16 Acres
Year built2013
ParkingElectric Door Opener, Extnded Lngth Garage, RV Gate
MLS #6759038
Garage3 spaces

Summary

  • MLS Number: 6759038
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: DWEL LLC
  • Office Phone: (480) 650-8531
  • Office Email: riley@dwelre.com
  • Listing Agent: Riley Rhodes

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: 2/6/2025, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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mediterranean / spanish-style house featuring a garage

$640,000

2550 E Penedes Dr

$7,600

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 12, 2016
Home Sold
$353,000
Jan 31, 2014
Home Sold
$360,442

Tax history

YearAssessmentProperty Tax
2024$57,160$2,618
2023$49,070$2,527
2022$36,710$2,642
2020$32,230$2,628
2019$29,220$2,444
2017$27,860$2,289

History based on county public records data.

Nearby schools

10

Chandler Traditional Academy - Freedom

Public District PK-6

0.9 mi

6040 S Joslyn Ln

9

Weinburg Elementary School

Public District KG-6

1.2 mi

5245 S Val Vista Dr

10

Bridges Elementary School

Public District KG-6

1.7 mi

5205 S Soboba 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 $95,809. Most Gilbert, AZ residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

7%
<35k
47%
35k-100k
39%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

14%
Single, No Kids
8%
Single, with Kids
21%
Married, No Kids
57%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

32%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
35%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • TennisTennis
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • The Container StoreThe Container Store
  • Brooks BrothersBrooks Brothers
  • NordstromNordstrom

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • QdobaQdoba
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • BMWBMW
  • AcuraAcura
  • InfinitiInfiniti

What do the neighbors listen to?

  • AlternativeAlternative
  • SportsSports
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2550 E Penedes Dr

This home is located at 2550 E Penedes Dr in Gilbert, AZ and zip code 85298 in the Freeman Farms neighborhood. This 3,083 square foot home, which was built in 2013, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $640,000.

Over 17 listings were sold over their listed price in January 2025 in Gilbert, AZ. In the same period over 105 listings were sold below the listed price and 48 listings were sold for the listed price. Between December and January 2025, Gilbert, AZ real estate market has seen increase in the number of listings by 14.7%. In January 2025 median list price was $584,199 and the average listing age was 70 days.

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

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