2 months on rocket

261 S Cottonwood Ct, Gilbert, AZ, 85296

$830,000

Home List Price

$9,856*

Closing Credit

5 Bedrooms
3 Baths
3,245 SqFt
$256/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

261 S Cottonwood Ct, Gilbert$830,000

Buyer Closing Credits

$9,856*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDir Entry frm Garage, Electric Door Opener, RV Gate
Garage2 spaces
Year Built1997
HeatingElectric
CoolingCeiling Fan(s)
FireplaceNone
Private PoolYes
MLS #6662592
Lot Size0.31 Acres
StatusActive

About 261 S Cottonwood Ct

Farmhouse Meadows in Gilbert is a hidden gem packed with charm and character. Located in a beautiful and quiet neighborhood, this 5-bedroom, 3-bathroom residence offers a unique combination of space and quality. With easy access to both the 60 and 202 freeways, this property provides ease of convenience just one mile from downtown Gilbert. In addition to boasting 3,245 sq ft of refined living space, this home is situated on a magnificent 13,443 sq ft cul-de-sac lot, which makes this home stand out in the neighborhood. It creates a welcoming atmosphere with its high ceilings, large windows, and fluid layout. It's the perfect place to spend a sunny Arizona day in the backyard with its beautiful swimming pool and relax in the 12-person hot tub. The charm of Farmhouse Meadows is that many of the homes tend not to be on the market very often, making it an exclusive community. Don't miss out on this gorgeous home, a rare find in Gilbert's vibrant scene, and one you don't want to miss.

Property Details

Property Features

Property Information:

  • Architectural Style: Santa Barbara/Tuscan
  • Year Built: 1997
  • Stories: 2
  • Living Area: 3,245 SqFt

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (480) 777-4500
  • Listing Agent: Yulianna Kendzer

Interior Features

Interior Information:

  • Flooring Type: Stone, Tile, Wood
  • Interior: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Covered Patio(s)

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Dir Entry frm Garage, Electric Door Opener, RV Gate

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Gilbert Global Academy High School, Public District Grades 9-12
  • Gilbert High School, Public District Grades 9-12
  • Gilbert Classical Academy High School, Public District Grades 9-12
  • Mesquite Jr High School, Public District Grades 7-8
  • Gilbert Elementary School, Public District Grades PK-6
  • Neely Traditional Academy, Public District Grades PK-6

Other

Directions Information:

  • Directions: South on Gilbert Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $830,000
  • Price Per SqFt: $256/SqFt

HOA Fees:

  • Amount: $600
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,837
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Med. Sold Price

$566.5K

Med. Price/SqFt

$278

Avg. Days On Market

54

# of Sold Homes

273

261 S Cottonwood Ct vs Gilbert

74 DAYS ON ROCKET

+20 Days

$830,000

+$263.4K More

$256/SqFt

-$23 Less

KEY TAKEAWAY

This property is $263.4K more than the Median Sold Price and $23/SqFt less 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: #6662592

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (480) 777-4500
  • Listing Agent: Yulianna Kendzer

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: 4/27/2024, 5:25:19 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

Mar 29, 2001Home Sold
$264,000
Aug 28, 1997Home Sold
$209,632

Tax History

YEARPROP. TAXASSESSMENT
2021$2,837$40,020
2020$2,789$37,310
2019$2,493$35,250
2017$2,407$32,180

History based on county public records data.

Payment Calculator

$4,260

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,555

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Elementary School

school-card-donut-1467736
4
/10
  • Gilbert Elementary School

  • 175 W Elliot Rd

  • 0.69 miles

  • Public District Grades PK-6

school-card-donut-1467737
9
/10
  • Neely Traditional Academy

  • 321 W Juniper Ave

  • 1.27 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1467738
4
/10
  • Mesquite Jr High School

  • 130 W Mesquite St

  • 0.68 miles

  • Public District Grades 7-8

High School

school-card-donut-1467739
3
/10
  • Gilbert Global Academy High School

  • 140 S Gilbert Rd

  • 0.47 miles

  • Public District Grades 9-12

school-card-donut-1467740
5
/10
  • Gilbert High School

  • 1101 E Elliot Rd

  • 0.93 miles

  • Public District Grades 9-12

school-card-donut-1467741
10
/10
  • Gilbert Classical Academy High School

  • 55 N Greenfield Rd

  • 2.69 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,763. Typical income of Gilbert, AZ residents is between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 261 S Cottonwood Ct

What is the listing price of this property?

The listing price of 261 S Cottonwood Ct property is $830,000.

What type of property is this?

The property 261 S Cottonwood Ct is a house located in Gilbert, Arizona, 85296.

Is this property for sale now?

Active Listing: 261 S Cottonwood Ct is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 261 S Cottonwood Ct are:
Gilbert Elementary School: GreatSchools Rating 4/10
Neely Traditional Academy: GreatSchools Rating 9/10
Mesquite Jr High School: GreatSchools Rating 4/10
Gilbert Global Academy High School: GreatSchools Rating 3/10
Gilbert High School: GreatSchools Rating 5/10
Gilbert Classical Academy High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,837 (source: MLS/based on county public records data).

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

The last sale was on March 29, 2001 for $264,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 261 S Cottonwood Ct has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 261 S Cottonwood Ct is 3,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 261 S Cottonwood Ct is 1997.

Rocket Homes›Arizona›Maricopa County›Gilbert›85296›261 S Cottonwood Ct

This home is located at 261 S Cottonwood Ct in Gilbert, AZ and zip code 85296 in the Farmhouse Meadows neighborhood. This 3,245 square foot home, which was built in 1997, sits on a 0.31 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $830,000.

In March 2024, from all listings sold in Gilbert, AZ there were more than 45 sold above asking price, over 153 sold below and more than 75 were sold right at the asked price. Between February 2024 and March 2024, Gilbert, AZ real estate market has seen increase in the number of listings by 3.4%. In March 2024 median list price was $566,542 and the average listing age was 54 days.

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

More Resources