2878 S Cottonwood Drive, Gilbert, AZ 85295 (MLS# 5209099)

2878 S Cottonwood Drive, Gilbert, AZ 85295

$340,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,040 Lot Size (sq. ft.): 11,124 Status: Closed

Current Price: $340,000 Last Modified: 12/28/2025

Description

Fantastic opportunity! 4 bed 3 bath main home, with a separate entrance apartment also on the main level which has bedroom, full bath, kitchen, and living room. This separate apartment was recently rented for $850 per month on its own!! The main home is 4 bed 3 bath with 3 car garage located in an upscale Gilbert community. Family room with built in surround sound, kitchen has gas range, built in microwave & island. Laundry is downstairs with built in cabinets. All bedrooms upstairs, MB has split walk-in closets with a separate room for den,or sitting area. Backyard has pool, extensive amounts of synthetic grass, extended patio, built in BBQ area with bar, horseshoe pits. Home backs to green space. Some TLC needed, but well worth it! NOT a short sale, just a great opportunity!

More Information MLS# 5209099

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $340,000 Status: Closed Current Price: $340,000 List Date: 2014-12-09

Location, Tax & Legal

Assessor's Map #: 44 Assessor's Parcel #: 461 Tax Municipality: Maricopa - COUNTY Taxes: 2631.44 Map Code/Grid: T40 House Number: 2878 Compass: S Street Name: Cottonwood St Suffix: Drive City/Town Code: Gilbert State/Province: AZ Zip Code: 85295 County Code: Maricopa Assessor Number: 304-44-461 Subdivision: Allen Ranch Tax Year: 2014

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Approx SQFT: 3040 Price/SqFt: 111.84 Approx Lot SqFt: 11124 Guest House SqFt: 670 Horses: N Builder Name: Richmond American Homes Elementary School District: Gilbert Unified District High School District: Gilbert Unified District Elementary School: Quartz Hill Elementary Jr. High School: South Valley Jr. High High School: Mesquite High School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 4 Total Bathrooms: 3 Year Built: 2001

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Concrete: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y HOA Transfer Fee: 0 HOA Fee: 60 HOA Paid Frequency: Monthly HOA Name: Allen Ranch HOA Telephone: 4808203451 HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: $ Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 60

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Upstairs: 1

Additional Bedroom

Master Bedroom Walk-in Closet: 1 Master Bedroom Sitting Room: 1

Flooring

Laminate: 1 Tile: 1 Wood: 1 Other: 1

Window Features

Solar Screens: 1 Dual Pane: 1

Private Pool Features

Play Pool: 1 Variable Speed Pump: 1

Community Features

Biking/Walking Path: 1 Children's Playgrnd: 1

Dining Area

Breakfast Room: 1

Heating

Natural Gas: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Built-in Microwave: 1 Non-laminate Counter: 1 Pantry: 1 Gas Cooktop: 1

Cooling

Programmable Thmstat: 1 Central Air: 1

Interior Features

9+ Flat Ceilings: 1 Water Softener Owned: 1

Laundry

Inside: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Guest Qtrs-Sep Entrn: 1 Exercise/Sauna Room: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Accessibility Feat.

Hallways 36in+ Wide: 1

Technology

Pre-Wire Srnd Snd: 1 Pre-Wire Sat Dish: 1 Sat Dish TV Ownd: 1 Cable TV Avail: 1 High Speed Internet: 1 Security System Owned: 1

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Separate Guest House: 1 Built-in BBQ: 1 Playground: 1 Patio: 1 Pvt Yrd(s)/Crtyrd(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 4 Total Covered Spaces: 3 Garage Spaces: 3

Parking Features

Attch'd Gar Cabinets: 1 Garage Door Opener: 1

New Financing

VA: 1 Conventional: 1 FHA: 1

Plumbing

Gas Hot Water Heater: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

FHA: 1 VA: 1 Conventional: 1

Property Description

Borders Common Area: 1

Landscaping

Desert Front: 1 Synthetic Grass Back: 1 Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1 Auto Timer H2O Front: 1 Auto Timer H2O Back: 1

Unit Style

Two Levels: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 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: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Gilbert/Williams Field Directions: From Gilbert Rd, E on Williams Field Blvd to Allen Ave, S. on Allen to Joseph, S on Cottonwood. Geo Lat: 33.29778 Geo Lon: -111.784937

Status Change Info

Off Market Date: 2015-02-03 Under Contract Date: 2015-02-01 Close of Escrow Date: 2015-02-27 Sold Price: $340,000

Legal Info

Lot Number: 174

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Upstairs Additional Bedroom: Master Bedroom Walk-in Closet; Master Bedroom Sitting Room Flooring: Laminate; Tile; Wood; Other Window Features: Solar Screens; Dual Pane Private Pool Features: Play Pool; Variable Speed Pump Spa: None Community Features: Biking/Walking Path; Children's Playgrnd Dining Area: Breakfast Room Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Pantry; Non-laminate Counter; Kitchen Island Laundry: Inside Other Rooms: Family Room; Guest Qtrs-Sep Entrn; Exercise/Sauna Room Interior Features: 9+ Flat Ceilings; Water Softener Owned Technology: Pre-Wire Srnd Snd; Pre-Wire Sat Dish; Sat Dish TV Ownd; Cable TV Avail; High Speed Internet; Security System Owned Exterior Features: Built-in BBQ; Playground; Patio; Pvt Yrd(s)/Crtyrd(s); Separate Guest House Parking Features: Attch'd Gar Cabinets; Garage Door Opener Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Concrete Cooling: Central Air; Programmable Thmstat Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Property Description: Borders Common Area Landscaping: Desert Front; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Possession: Close of Escrow Unit Style: Two Levels Association Fee Incl: Common Area Maint Existing 1st Loan: FHA; VA; Conventional New Financing: VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: D.L. Jones and Associates

Last Updated: December - 28 - 2025