Settings

Colleen Rosenthal

Colleen Rosenthal

Property2.84% Assumable
1 / 25

$449,000

($248,786 down)
VA

1281 E FRANCES Lane, Gilbert, AZ 85295

2
3
1,615 sqft
PITI Monthly
$1,162.16 /mo

Assumed Rate

2.84%
7.15%

Principal & Interest

$899 /mo
$1,469 /mo
$22,240 in interest paid off

Listing courtesy of: Kara M Beecroft, Real Broker

What's Special

INVESTORSLOCATIONSHOPPINGDININGSPACIOUSSTAINLESS STEEL APPLIANCESFIREPLACEVAULTED CEILINGSBALCONYCHARMINGCOZY

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!

Gradient Jack

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.84
Remaining Loan Term
26 years, 3 months
Monthly PITI
$1,162.16/mo
Estimated Loan Balance
$202,323
Cash to close
$248,786
Interest Paid
$22,240

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms2
  • Bathrooms3
Cooling & Heating
  • CoolingCentral Air, Ceiling Fan(s)
  • HeatingNatural Gas
Interior Features
  • MaterialsStucco, Wood Frame, Painted, Block
  • CommunityUnknown
  • FireplaceYes
  • Fireplace Features1 Fireplace
  • FlooringCarpet, Tile

Exterior

Fencing
  • FencingBlock
Roof
  • RoofTile
Parking
  • GarageNo
  • Garage Spaces2
  • CarportNo
  • Carport Spaces2
Water
  • SewerPublic Sewer
  • Water SourceCity Water
Pool
  • Has PoolNo
  • Pool FeaturesNone

Construction

Type & Style
  • Stories1
  • Home TypeSingle Family Residence
  • Architectural StyleN/A
Materials
  • Construction MaterialsStucco, Wood Frame, Painted, Block
  • RoofTile
Condition
  • Year Built2004
Details
  • BuilderUNK

Community & HOA

Community
  • SubdivisionSPECTRUM AT VAL VISTA PARCEL 22
  • FeaturesPlayground, Biking/Walking Path
HOA
  • Has HOAYes
  • HOA NameVilla Lante
  • HOA AmenitiesUnknown
  • HOA Fee$286.5
  • HOA FrequencyQuarterly
Location
  • RegionGilbert

Financial Details

Financial Info
  • Price per Sqft$278.02
  • Tax Annual Amount$1,363
  • On Market Date2025-04-30T01:50:09.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

MLS ID: 6858648

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-07-08T22:40:00.000Z

© , Arizona Regional Multiple Listing Service (ARMLS). All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than West USA Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.