4523 E LANTERN Place, Gilbert, AZ 85297 (MLS# 5091397)

4523 E LANTERN Place, Gilbert, AZ 85297

$325,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,400 Lot Size (sq. ft.): 8,567 Status: Closed
Current Price: $325,000 Last Modified: 12/24/2025

Description

PRICE REDUCTION ALERT! PRICED FOR A QUICK SALE!!Formal Model Home with 3 Bdrms, 2 Baths and a Den and Tons of Builder Upgrades! This Home has it all beginning with the Warm Wood Floors in all the Main Living Spaces, and White Wood Shutters T/O. You'll Love the Gourmet Kitchen with High End Granite Countertops, Custom Tiled Backsplash and Stacked Stone Feature Around the Stove. The Stacked Stone is also in the Family Room accenting the Entertainment Center. Lots of Built-In Cabinets and Shelving T/O along with a Beverage Nook in Living Space complete with Wine Fridge. Master Bedroom is Cozy with Wood Beamed Ceiling. If That's Not Enough, Enjoy the Backyard with Gazebo and Built-In BBQ, Large Covered Patio and Nice Grassy Area. This Won't Last

More Information MLS# 5091397

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $325,000 Status: Closed Current Price: $325,000 List Date: 2014-03-27

Location, Tax & Legal

Assessor's Map #: 2 Legal Description (Abbrev): POWER RANCH NEIGHBORHOOD 3 Assessor's Parcel #: 765 Tax Municipality: Gilbert Taxes: 1777.36 Map Code/Grid: U41 House Number: 4523 Compass: E Street Name: LANTERN St Suffix: Place City/Town Code: Gilbert State/Province: AZ Zip Code: 85297 Zip4: 9525 County Code: Maricopa Assessor Number: 313-02-765 Subdivision: Power Ranch Tax Year: 2013

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 2400 Price/SqFt: 135.41 Approx Lot SqFt: 8567 Horses: N Builder Name: William Lyon Homes Elementary School: Power Ranch Elementary Jr. High School: Power Ranch Elementary High School: Higley High School Community Pool Y/N: Yes Private Pool Y/N: No Planned Comm Name: The Oaks Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 2 Year Built: 2001

Legal Info

Range: 6E Section: 12 Township: 2S Lot Number: 79

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1 Stone: 1

Roofing

Tile: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y HOA Transfer Fee: 350 HOA Fee: 76 HOA Paid Frequency: Monthly HOA Name: Power Ranch HOA Telephone: 480-921-7500 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: 76

Architecture

Territorial/Santa Fe: 1

Master Bathroom

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

Additional Bedroom

Master Bedroom Walk-in Closet: 1

Add'l Property Use

None: 1

Flooring

Carpet: 1 Wood: 1

Window Features

Dual Pane: 1 Low-Emissivity Windows: 1

Community Features

Biking/Walking Path: 1 Children's Playgrnd: 1 Clubhouse/Rec Room: 1 Comm Tennis Court(s): 1 Community Media Room: 1 Community Spa: 1 Near Bus Stop: 1

Dining Area

Formal: 1 Eat-in Kitchen: 1 Breakfast Bar: 1 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 Pantry: 1 Reverse Osmosis: 1 Wall Oven(s): 1 Gas Cooktop: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Interior Features

9+ Flat Ceilings: 1 No Interior Steps: 1 Water Softener Owned: 1 Soft Water Loop: 1 Water Purifier: 1

Laundry

Washer Hookup: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Technology

3+ Exist Tele Lines: 1 Cable TV Avail: 1 High Speed Internet: 1 Security System Owned: 1

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Built-in BBQ: 1 Covered Patio(s): 1 Patio: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

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

Parking Features

Garage Door Opener: 1

New Financing

Cash: 1 Conventional: 1

Plumbing

Gas Hot Water Heater: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Conventional: 1

Landscaping

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

Services

City Services: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 No Visible Truck Trailer RV Boat: 1 Rental OK (See Rmks): 1 Clubhouse: 1 Prof Managed: 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: Power Road and Germanne Directions: South on Power Road, Rt on Haven Crest, Lt on Fireside Trail, Rt on Ruffian and Lt on Lantern. Geo Lat: 33.267894 Geo Lon: -111.692507

Status Change Info

Off Market Date: 2014-07-02 Under Contract Date: 2014-06-28 Close of Escrow Date: 2014-07-30 Sold Price: $325,000

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Territorial/Santa Fe Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Additional Bedroom: Master Bedroom Walk-in Closet Flooring: Carpet; Wood Window Features: Dual Pane; Low-Emissivity Windows Spa: None Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Comm Tennis Court(s); Community Media Room; Community Spa; Near Bus Stop Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Breakfast Room Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Reverse Osmosis; Wall Oven(s); Pantry; Granite Counters; Kitchen Island Laundry: Washer Hookup; Inside Other Rooms: Family Room Interior Features: 9+ Flat Ceilings; No Interior Steps; Water Softener Owned; Soft Water Loop; Water Purifier Technology: 3+ Exist Tele Lines; Cable TV Avail; High Speed Internet; Security System Owned Exterior Features: Built-in BBQ; Covered Patio(s); Patio Parking Features: Garage Door Opener Construction: Wood Frame Const - Finish: Painted; Stucco; Stone Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Landscaping: Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: US Preferred Realty
IDX
Last Updated: December - 24 - 2025
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