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$615,000
26 E PALO VERDE Street
Gilbert, AZ 85296
MLS# 6954803
Status: Closed
5 beds  |  3 baths


5 BD/3 BA basement home on extra large lot, close to downtown Gilbert!
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5 BD/3 BA basement home on extra large lot, close to downtown Gilbert! Owned solar system. New roof. One AC was replaced in 2020, the other in 2024. Iron doors were added to the front and back entries in 2018. The open floor plan is great for entertaining. The family room features a wood burning fireplace and upgraded iron doors to the enormous back yard. The breakfast bar features custom ironwork that can hold sauces, spices, oils, etc. Fridge conveys. Enjoy the double oven. New sink, faucet, and range in 2025. Stairs to the basement are gated. Another entry from front allows easy access to kitchen, pantry, laundry, and dining. The pantry shelving is adjustable. Standing freezer conveys. Washer and dryer convey. The guest bath has some wheelchair accessible features, including a wider doorway. The primary BD features a large sitting room which could be used as an office, nursery, craft room, etc. The primary bath has a new vanity, mirror, and light fixture. The primary shower was completely redone in 2025. Primary Closet BD 2 - Window BD 2 BD 3 The full basement has new carpet and several new fixtures and fans. The shower and flooring in the downstairs bath were done in 2017. Both basement bedrooms feature fire escapes. BD 4 - Closet BD 5 - Window BD 5 - Closet Extra Storage An extended covered patio allows you to spend more time enjoying the extra large yard. Double iron doors make it easy to move large toys or gym equipment in and out of the house. The spacious back yard received new landscaping rock in 2025. The yard is twice as big as most in the area. The RV gate was recently replaced. There's no HOA, so you can park your boat or RV behind the gate. The workshop can alternatively be used as a two car garage. If the Buyer prefers to use the space as a workshop, the Seller left a ceiling fan that matches the others. Installing it would prevent opening the garage bay door. When trees surrounding it are trimmed, the Gilbert Water Tower is visible from the back yard. Blocks away, Downtown Gilbert is known for its shopping and fine dining. Enjoy your spacious home, huge lot, and nearby access to the best of downtown Gilbert!

Property Description
Spacious 5 BD/3 BA basement home, blocks from downtown Gilbert. Enormous 1/4 acre+ lot is double the size of many others in the area. Owned solar. New roof in 2025. One new AC in 2024, the other replaced in 2020. Kitchen, 3 BDs, living, family, & dining rooms on ground level. Family room has vaulted ceiling & fireplace. Finished basement contains huge great room, 2 more BDs, & BA with upgraded shower. Great layout for large families or multi-gen living. Primary BD includes sitting area that could be office, craft room, nursery, etc. Shower remodeled in 2025. Ducts resealed in 2020. Extra large back yard includes workshop w/electric, which could be used as 2 car garage. New rock in back yard. No HOA. RV gate. Ample parking. Enjoy shopping, fine dining, & elbow room in a premium location!

Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Sold Price: $615,000
Status: Closed
Current Price: $615,000
List Date: 2025-12-05
Location, Tax & Legal
Assessor's Map #: 23
Legal Description (Abbrev): LOT 89 COLONIA GRANDE MCR 019517
Assessor's Parcel #: 173
Tax Municipality: Gilbert
Taxes: 2027
House Number: 26
Compass: E
Street Name: PALO VERDE
St Suffix: Street
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85296
Zip4: 1023
County Code: Maricopa
Assessor Number: 304-23-173
Subdivision: COLONIA GRANDE
Tax Year: 2024
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 2
Full Bathrooms: 3
Half Bathrooms: 0
Approx SQFT: 2904
Price/SqFt: 211.78
Approx Lot SqFt: 12563
Approx Lot Acres: 0.288
Horses: N
Builder Name: Unknown
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Elementary School: Gilbert Elementary School
Jr. High School: Gilbert Elementary School
High School: Gilbert High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 5
Total Bathrooms: 3
Year Built: 1981
Legal Info
Range: 6E
Section: 18
Township: 1S
Lot Number: 89
Special Listing Cond
N/A: 1
Construction
Brick: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Status Update
Multiple Offers Received: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Master Bathroom
3/4 Bath Master Bdrm: 1
Master Bedroom
Not Split: 1
Additional Bedroom
Other Bedroom Split: 1
Other Bedroom Downstairs: 1
Master Bedroom Walk-in Closet: 1
Master Bedroom Sitting Room: 1
Add'l Property Use
None: 1
Fireplace Features
Wood Burning: 1
Fireplace Family Rm: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Window Features
Screens: 1
Dual Pane: 1
Community Features
Near Bus Stop: 1
Dining Area
Eat-in Kitchen: 1
Breakfast Bar: 1
Dining in FR: 1
Heating
Heat Pump: 1
Solar: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Electric Oven: 1
Electric Range: 1
Laminate Counters: 1
Multiple Ovens: 1
Pantry: 1
Refrigerator: 1
Walk-in Pantry: 1
Cooling
Ceiling Fan(s): 1
ENERGY STAR Qualified Equipment: 1
Programmable Thmstat: 1
Central Air: 1
Interior Features
Vaulted Ceiling(s): 1
Soft Water Loop: 1
Laundry
Washer Included: 1
Dryer Included: 1
Inside: 1
Basement
Basement Y/N: Y
Other Rooms
Family Room: 1
Great Room: 1
Separate Workshop: 1
Basement Description
Interior Entry: 1
Finished: 1
Full: 1
Separate Den/Office
Sep Den/Office Y/N: N
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Accessibility Feat.
Accessible Door – 32in+ Wide: 1
Hard/Low Nap Floors: 1
Bath Grab Bars: 1
Bath Lever Faucets: 1
Lever Handles: 1
Closet Bars 15-48in: 1
Mltpl Entries/Exits: 1
Road Responsibility
City Maintained Road: 1
Technology
Cable TV Avail: 1
High Speed Internet: 1
Fencing
Back Yard: 1
Block: 1
Wood: 1
Water Source
City Water: 1
Exterior Features
Covered Patio(s): 1
Patio: 1
Fire Escape: 1
Rain Gutters: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Spaces
Slab Parking Spaces: 3
Total Covered Spaces: 2
Carport Spaces: 2
Parking Features
RV Gate: 1
Separate Strge Area: 1
Attached Carport: 1
RV Access/Parking: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Energy/Green Feature
Solar Panels: 1
Plumbing
Electric Hot Wtr Htr: 1
Rainwater Captr Sys: 1
Solar Panels
Ownership: Owned Outright
Utilities
APS: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Terms
Non Assumable: 1
Property Description
North/South Exposure: 1
Landscaping
Dirt Back: 1
Gravel/Stone Front: 1
Gravel/Stone Back: 1
Desert Front: 1
Desert Back: 1
Grass Front: 1
Services
City Services: 1
Items Updated
Floor Yr Updated: 2025
Floor Partial/Full: Partial
Wiring Yr Updated: 2024
Wiring Partial/Full: Partial
Plmbg Yr Updated: 2025
Plmbg Partial/Full: Partial
Ht/Cool Yr Updated: 2024
Ht/Cool Partial/Full: Partial
Roof Yr Updated: 2025
Roof Partial/Full: Full
Kitchen Yr Updated: 2025
Kitchen Partial/Full: Partial
Bath(s) Yr Updated: 2025
Bath(s) Partial/Full: Partial
Unit Style
Two Levels: 1
Other Structures
Workshop: 1
Disclosures
Seller Discl Avail: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Gilbert and Elliot
Directions: From Gilbert and Elliot, head South on Gilbert. Turn left (east) on Palo Verde St., just past the small business area. Home is the first on the left. Sign is in the window.
Geo Lat: 33.348065
Geo Lon: -111.788506
Status Change Info
Off Market Date: 2025-12-11
Under Contract Date: 2025-12-11
Close of Escrow Date: 2025-12-30
Sold Price: $615,000
Property Features
Special Listing Cond: N/A
Status Update: Multiple Offers Received
Add'l Property Use: None
Master Bathroom: 3/4 Bath Master Bdrm
Master Bedroom: Not Split
Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Master Bedroom Walk-in Closet; Master Bedroom Sitting Room
Fireplace Features: Wood Burning; Fireplace Family Rm
Flooring: Carpet; Laminate; Tile
Window Features: Screens; Dual Pane
Spa: None
Community Features: Near Bus Stop
Dining Area: Eat-in Kitchen; Breakfast Bar; Dining in FR
Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Refrigerator; Multiple Ovens; Pantry; Walk-in Pantry; Laminate Counters
Laundry: Washer Included; Dryer Included; Inside
Basement Description: Interior Entry; Finished; Full
Other Rooms: Family Room; Great Room; Separate Workshop
Interior Features: Vaulted Ceiling(s); Soft Water Loop
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Covered Patio(s); Fire Escape; Patio; Rain Gutters
Other Structures: Workshop
Parking Features: Attached Carport; RV Access/Parking; RV Gate; Separate Strge Area
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Construction: Brick
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat; ENERGY STAR Qualified Equipment
Heating: Heat Pump; Solar; Electric; ENERGY STAR Qualified Equipment
Plumbing: Electric Hot Wtr Htr; Rainwater Captr Sys
Utilities: APS
Water Source: City Water
Sewer: Sewer - Public; Sewer-In & Connected
Services: City Services
Fencing: Back Yard; Block; Wood
Property Description: North/South Exposure
Landscaping: Dirt Back; Gravel/Stone Front; Gravel/Stone Back; Desert Front; Desert Back; Grass Front
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: Two Levels
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail

IDX
Listing Office: Aspire Realty Group LLC

Last Updated: December - 31 - 2025

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