Movoto Real Estate
Sold on 09/02/2026

48 N Colonial Dr, Gilbert, AZ 85234

$467,500

Last sold 09/02/2026 after 41 Days

  • 3

    bed

  • 2

    bath

  • 1,347

    Sqft ($347/Sqft)

Townhouse not for sale

About 48 N Colonial Dr

Property type Townhouse
Year built 1985
HOA fee $115/month
Lot size 4,474 Sqft
Parking 2 garage spaces
Rental estimate
Property description
This stunning, Fully Remodeled 3 bedroom, 2 bathroom offers modern comfort, stylish finishes, and a prime location PERFECT for those seeking turn-key living near DOWNTOWN GILBERT & Nestled in Lowe Estates neighborhood, known for its tree-lined streets, HOA-maintained common areas, and welcoming atmosphere, this home is an exceptional opportunity for families, professionals, or anyone seeking stylish, low-maintenance living in one of Gilbert's most desirable locations. Enjoy peace of mind with a Brand new roof, HVAC system under 5 years old, 2 car garage with a gorgeous freshly finished epoxy garage floor, a brand new garage door and opener which provides peace of mind and efficiency. Inside, you'll find a bright, open layout featuring new engineered hardwood flooring, brand new cabinetry throughout, quartz countertops in the kitchen including the large island, brand-new Frigidaire stainless steel appliances, all-new doors and hardware, Vaulted Ceilings & LED lighting. The Stunning Primary Suite boasts a beautifully tiled walk in shower with private window allowing natural light, a double vanity with elegant LED backlit mirrors giving a spa-like touch, and a lovely bidet. The secondary bathroom has it all, a Gorgeous tiled shower with backlit niche, a Soaking Tub, a New Vanity with Quartz Countertops topped with backlit mirrors, all new hardware, and fixtures throughout. The lovely laundry room includes a new washer and dryer, making this home truly turnkey which leads to the relaxing backyard. Step outside to a low-maintenance backyard complete with premium turf perfect, for relaxing or entertaining without the upkeep. Ideally located directly across from the community pool, great for family or friend gatherings this home offers convenient access to neighborhood amenities, while being just minutes from Downtown Gilbert, where you'll enjoy award-winning restaurants, shopping, entertainment, farmers markets, and year-round community events. THIS IS A MUST SEE!
Listed by
Listing Agent - Roberta M Joseph
Listing Office - Simply Real Estate
Source: ARMLS mls logo
MLS#7058036 • last updated 1 month ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Electric
Levels/Style Other, 1
MLS # 7058036
Type Residential
Status Closed
SubType Townhouse
SqFt 1347
Lot Size (Acres) 0.1
Lot Size (Sqft) 4474
Property Tax 1561
HOA Lowes Estates, 480-345-7691
Builder Name UNKNOWN
HOA Fee 115.08, Monthly
Year Built 1985
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 3
Flooring Carpet, Tile, Wood
Interior Features Double Vanity, Vaulted Ceiling(s), Bidet, Full Bth Master Bdrm
Fireplace Wood Burning, Family Room
Appliances Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
Window Features Screens, Skylight(s)
Exterior
Foundation Slab
Roof Composition
Construction Brick Veneer, Vertical Siding, Wood Frame, Block
# of Garage Spaces 2
Parking Attached Garage, Garage Door Opener, Direct Access
# of Carport Spaces 2
# of Covered Spaces 4
Fencing Block
Lot Features Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Amenities / Utilities
Water Source Public
Sewer/Septic Public Sewer
Spa None
HOA Fee Includes Maintenance Grounds, Front Yard Maint
Location
Subdivision Lowe Estates
Community Features Pool, Community Spa, Biking/Walking Path
Elementary School Sonoma Ranch Elementary School
Elementary School District Gilbert Unified District
Middle School Greenfield Elementary School
High School District Gilbert Unified District
High School Gilbert High School
APN 304-13-054
Directions North On Lindsay, East On Cullumber 1 Block South On Hetitage, Follow Curve, Right On Colonial, Property On Right.
Lot/ Land Details
Road Surface Asphalt
Possible Use None
We are not permitted to show value estimates for this property.
  • Sep 2026
    mls logo MLS # 7058036
  • Sep 2, 2026 Sold
    $467,500 (-1.6%)
  • Aug 13, 2026 Active
    —
  • Jul 31, 2026 Price Change
    $475,000 (-2.1%)
  • Jul 23, 2026 Listed
    $485,000 (+246.7%)
  • Apr 2012
    mls logo MLS # 1872756
  • Apr 28, 2012 Sold
    —
  • Apr 2012
    mls logo MLS # 1975090
  • Apr 27, 2012 Sold
    —
  • Apr 2012
    mls logo MLS # 2399252
  • Apr 26, 2012 Sold
    —
  • Sep 2008
    Public Records
  • Sep 10, 2008 Sold
    $139,900 (-39.2%)
  • Nov 2005
    Public Records
  • Nov 22, 2005 Sold
    $230,000 (+74.2%)
  • Jun 2003
    Public Records
  • Jun 27, 2003 Sold
    $132,000
  • Year Property taxes Tax assessment
  • 2024
    $1,067 -1.0%
    $32,620 -12.12%
  • 2023
    $1,077 +3.3%
    $37,120 +27.21%
  • 2022
    $1,043 -5.3%
    $29,180 +21.43%
  • 2021
    $1,101 +1.0%
    $24,030 +11.66%
  • 2020
    $1,090 +8.8%
    $21,520 +11.33%
  • 2019
    $1,001 +3.0%
    $19,330 +14.04%
  • 2018
    $972 +3.6%
    $16,950 +7.08%
  • 2017
    $939 -3.2%
    $15,830 +14.46%
  • 2016
    $970 +10.5%
    $13,830
  • 2015
    $877
    —
  • 48 N Colonial Dr
    $467K
  • $629K
  • 85234
    $599K +4% y/y
  • Gilbert
    $631K -1% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
42 N Colonial Dr, Gilbert, AZ 85234 $393,000 3/— 1,409 0.01
54 N Colonial Dr, Gilbert, AZ 85234 $355,000 2/— 1,176 0.01
36 N Colonial Dr, Gilbert, AZ 85234 $369,000 2/— 1,176 0.02
60 N Colonial Dr, Gilbert, AZ 85234 $408,000 3/— 1,409 0.02
925 E Linda Ln, Gilbert, AZ 85234 $351,000 2/— 1,171 0.02
30 N Colonial Dr, Gilbert, AZ 85234 $351,000 2/— 1,171 0.02
931 E Linda Ln, Gilbert, AZ 85234 $350,000 2/— 1,176 0.03
24 N Colonial Dr, Gilbert, AZ 85234 $346,000 2/— 1,136 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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