new - 5 days on rocket

5502 S Pico St, Gilbert, AZ, 85298

$840,000

Home List Price

$9,975*

Closing Credit

4 Bedrooms
3 Baths
2,692 SqFt
$312/SqFt
House

Location

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5502 S Pico St, Gilbert$840,000

Buyer Closing Credits

$9,975*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDir Entry frm Garage, Electric Door Opener, RV Gate, Tandem
Garage3 spaces
Year Built2011
HeatingNatural Gas
CoolingCeiling Fan(s)
FireplaceFire Pit
Private PoolYes
MLS #6793589
Lot Size0.25 Acres
StatusActive

About 5502 S Pico St

Stunning move-in ready split floor plan home in Freeman Farms! Curb appeal abounds on this corner lot with easy maintenance turf and stone and paved walkway and courtyard. Inside, you will find 9' ceilings, 8' doors, and all closet doors are mirrored. The open flex space could be used as a den/office, formal dining, or converted to another bedroom. The great room is pre-wired for surround sound, and acoustic insulation between it and the primary bedroom provides a sound barrier. The primary has a separate exit to the beautiful backyard, includes a bathroom with a Fasa Stone vanity and super shower, and a walk-in closet with ceiling fan. Three of the bedrooms have new carpet and paint; 4th bedroom was used as a craft room and has tile flooring. In the kitchen, there are stainless steel appliances including a new Kitchen Aid refrigerator, new Kitchen Aid dishwasher, GE Monogram gas cooktop with 4 burners and grill, GE Monogram microwave / convection oven, and GE Monogram conventional / convection oven, and a large walk-in pantry. The laundry room includes built-in cabinets, counter, and sink. The 3-bay tandem garage has a side access service door and coated garage floor. Let's talk about the amazing backyard! Pool with in-floor cleaning and a new pump, firepit with an extended wall for seating, and large pergola and outdoor kitchen with two grills (one charcoal, one gas), new refrigerator, sink, and bar that accommodates 8 stools. Additionally, the side yards contain raised garden beds with watering system, 4'x6' storage shed, 5'x14' Tuff shed, an RV gate, and a walkthrough gate. All of this surrounded by travertine, stone, and easy-care plants, a block wall lined with solar lighting, and no houses behind. The exterior of the home was painted 2 years ago with a sealant moisture barrier, and this house has Everlights installed for holidays and more.

Property Details

Property Features

Property Information:

  • Year Built: 2011
  • Stories: 1
  • Living Area: 2,692 SqFt

Listing Office:

  • Office Name: Barrett Real Estate
  • Office Phone: (480) 864-2100
  • Listing Agent: Cheryl Bell

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile
  • Interior: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Double Vanity, High Speed Internet
  • Fireplace: Fire Pit

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Dir Entry frm Garage, Electric Door Opener, RV Gate, Tandem

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: East on Ocotillo, Left on Freeman Farms, Left on Sourwood, Left on Cardinal, Right on Blue Spruce, Right on Pico to Home on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $840,000
  • Price Per SqFt: $312/SqFt

HOA Fees:

  • Amount: $325
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,656
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$586.6K

Med. Price/SqFt

$287

Avg. Days On Market

61

# of Sold Homes

207

5502 S Pico St vs Gilbert

5 DAYS ON ROCKET

-56 Days

$840,000

+$253.3K More

$312/SqFt

+$24 More

KEY TAKEAWAY

This property is $253.3K more than the Median Sold Price and $24/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: #6793589

Listing Office:

  • Office Name: Barrett Real Estate
  • Office Phone: (480) 864-2100
  • Listing Agent: Cheryl Bell

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: 12/18/2024, 8:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 07, 2012Home Sold
$309,723

Tax History

YEARPROP. TAXASSESSMENT
2021$3,656$40,470
2020$3,717$38,500
2019$3,453$35,950
2017$3,322$34,120

History based on county public records data.

Payment Calculator

$4,368

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,585

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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-4454300
9
/10
  • Weinburg Elementary School

  • 5245 S Val Vista Dr

  • 1.00 miles

  • Public District Grades KG-6

school-card-donut-4454301
10
/10
  • Chandler Traditional Academy - Freedom

  • 6040 S Joslyn Ln

  • 1.06 miles

  • Public District Grades PK-6

school-card-donut-4454302
10
/10
  • Bridges Elementary School

  • 5205 S Soboba St

  • 1.85 miles

  • Public District Grades KG-6

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. The majority of 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 5502 S Pico St

What is the listing price of this property?

The listing price of 5502 S Pico St property is $840,000.

What type of property is this?

The property 5502 S Pico St is a house located in Gilbert, Arizona, 85298.

Is this property for sale now?

Active Listing: 5502 S Pico St 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 $3,656 (source: MLS/based on county public records data).

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

The last sale was on February 7, 2012 for $309,723. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5502 S Pico St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5502 S Pico St is 2,692 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5502 S Pico St is 2011.

Rocket Homes›Arizona›Maricopa County›Gilbert›85298›5502 S Pico St

This home is located at 5502 S Pico St in Gilbert, AZ and zip code 85298 in the Freeman Farms neighborhood. This 2,692 square foot home, which was built in 2011, sits on a 0.25 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $840,000.

While more than 28 listings in Gilbert, AZ in November 2024 were sold above asking price, there were more than 46 listings sold at asking price, and more than 133 were sold below. Between October 2024 and November 2024, Gilbert, AZ real estate market has seen decrease in the number of listings by 3.1%. The median list price of listings available in November 2024 was $586,666, while the average time on the real estate market was 61 days.

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

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