2 months on rocket

4509 S Banning Dr, Gilbert, AZ, 85297

$1,950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Baths
5,283 SqFt
$369/SqFt
House

Location

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4509 S Banning Dr, Gilbert$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, RV Gate, Side Vehicle Entry, Electric Vehicle Charging Station(s)
Garage4 spaces
Year Built2011
HeatingElectric, ENERGY STAR Qualified Equipment
CoolingCeiling Fan(s), ENERGY STAR Qualified Equipment
Fireplace2 Fireplace, Exterior Fireplace, Family Room, Gas
Private PoolYes
MLS #6774609
Lot Size0.82 Acres
StatusActive

About 4509 S Banning Dr

Step into your dream home in the prestigious gated community of Weston Ranch—featuring a home of the perfect blend of luxury and modern upgrades with a seamless indoor-outdoor lifestyle. This home features a Mediterranean-inspired courtyard, setting a resort-like tone from the moment you enter. Perfect for entertaining, the expansive living spaces flow effortlessly, highlighted by an upgraded gourmet kitchen with high-end appliances and a large island, ice machine, and coffee and beverage bar ideal for hosting gatherings. A teen or flex space creates an inviting atmosphere and opens to the courtyard. A separate guest house provides privacy and flexibility for visitors or extended family. The den is naturally lit for perfect inspiration of working at home or starting your next business venture. Enjoy Arizona outdoor living with a travertine-surrounded pool, cabana with an outdoor kitchen, gas fireplace, and easy-care desert landscaping and new artificial turf. Take a stroll on the peaceful walking path or if pickle ball is your game, there is plenty of space to add a court on the property. If you are looking for a home with style, sophistication and a peaceful retreat with ample storage and a 4 car garage, you've found your home and it's located in one of Gilbert's most exclusive communities.

Property Details

Property Features

Property Information:

  • Architectural Style: Santa Barbara/Tuscan
  • Year Built: 2011
  • Stories: 1
  • Living Area: 5,283 SqFt

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Jennifer Schumacher

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood
  • Interior: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Fireplace: 2 Fireplace, Exterior Fireplace, Family Room, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Covered Patio(s), Gazebo/Ramada, Patio, Private Yard, Built-in Barbecue

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, RV Gate, Side Vehicle Entry, Electric Vehicle Charging Station(s)

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front
  • Lot Size: 0.82 Acres

Utilities

Utilities Information:

  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Cooling: Ceiling Fan(s), ENERGY STAR Qualified Equipment

Other

Directions Information:

  • Directions: W/Queen Creek, N/Rockwell to Gate, E/Clark, N/Banning to Property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $369/SqFt

HOA Fees:

  • Amount: $641
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $7,803
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gilbert, AZ.

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Gilbert, AZ

City

Med. Sold Price

$586.6K

Med. Price/SqFt

$287

Avg. Days On Market

61

# of Sold Homes

207

4509 S Banning Dr vs Gilbert

60 DAYS ON ROCKET

-1 Day

$1,950,000

+$1.3M More

$369/SqFt

+$81 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $81/SqFt more than other homes in Gilbert, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6774609

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Jennifer Schumacher

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© 2024 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: 12/21/2024, 11:56:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 29, 2020Home Sold
$1,100,000
Feb 29, 2012Home Sold
$700,156
May 17, 2010Home Sold
$3,525,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,803$79,410
2020$7,925$73,220
2019$7,398$71,800
2017$7,128$71,110

History based on county public records data.

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-883786
8
/10

  • Coronado Elementary School

  • 4333 S Deanza Blvd

  • 0.63 miles

  • Public District Grades KG-6

school-card-donut-883787
10
/10

  • Bridges Elementary School

  • 5205 S Soboba St

  • 1.32 miles

  • Public District Grades KG-6

school-card-donut-883788
9
/10

  • San Tan Elementary School

  • 3443 E Calistoga Dr

  • 1.42 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,829. Residents of Gilbert, AZ typically earn between $100k-200k each year. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4509 S Banning Dr

What is the listing price of this property?

The listing price of 4509 S Banning Dr property is $1,950,000.

What type of property is this?

The property 4509 S Banning Dr is a house located in Gilbert, Arizona, 85297.

Is this property for sale now?

Active Listing: 4509 S Banning Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,803 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 29, 2020 for $1,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4509 S Banning Dr has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 4509 S Banning Dr is 5,283 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4509 S Banning Dr is 2011.

Rocket Homes›Arizona›Maricopa County›Gilbert›85297›4509 S Banning Dr

This home is located at 4509 S Banning Dr in Gilbert, AZ and zip code 85297 in the Weston Ranch neighborhood. This 5,283 square foot home, which was built in 2011, sits on a 0.82 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $1,950,000.

In November 2024 more than 28 listings in Gilbert, AZ were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 133 were sold below. In November 2024 in Gilbert, AZ there were 3.1% less homes for sale than in October 2024. While the average time on the market in November 2024 was 61 days, the median list price was $586,666.

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

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