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4748 Penrose Ct

Gilbert, AZ 85297

4 bd 4 ba 3,352 sqft Built 2020 Lot 11,326 sqft single_family
Most recent sale
$681,746
May 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2025 Listing removed $3,500 ArizonaRegionalMLS
Jun 1, 2024 Sold $875,000 ArizonaRegionalMLS
Jan 29, 2023 Relisted $845,000 ArizonaRegionalMLS
Nov 16, 2022 Price changed $850,000 ArizonaRegionalMLS
Oct 27, 2022 Listed $899,000 MLS #6482291
Sep 12, 2022 Price changed $949,900 MLS #6430607
Aug 24, 2022 Price changed $975,000 MLS #6430607
Aug 11, 2022 Price changed $999,995 MLS #6430607
Jul 8, 2022 Listed $1,018,000 MLS #6430607
May 28, 2021 Sold $681,746 MLS #6141129
Nov 9, 2020 Price changed $682,186 MLS #6141129
Oct 8, 2020 Price changed $684,451 MLS #6141129
Oct 5, 2020 Price changed $683,716 MLS #6141129
Oct 2, 2020 Listed $681,176 MLS #6141129

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $43,860 $10,960 $54,820 $3,275
2021 $13,665 $13,665 $929
2020 $9,312 $9,312 $666

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
3,352 sqft
Lot size
11,326 sqft
ZIP code
85297
City
Gilbert
Street
Penrose Ct
Coordinates
33.26403, -111.73721

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,196
Gross rental yield
9.15%
Implied cap rate
5.94%
Trend-extrapolated value

Frequently asked questions

When did 4748 Penrose Ct last sell?
4748 Penrose Ct most recently sold on May 28, 2021 for $681,746.
What is the current tax assessment for 4748 Penrose Ct?
The most recent total assessment for 4748 Penrose Ct (year 2022) is $54,820 with $3,275 in property tax.
How does 4748 Penrose Ct's assessment compare to its last sale price?
The current assessment is 92.0% below the last sale price of $681,746.
When was 4748 Penrose Ct built?
4748 Penrose Ct was built in 2020.
How does 4748 Penrose Ct compare to others on Penrose Ct?
We track 3 other properties on Penrose Ct. Browse the list under "Other properties on Penrose Ct" to compare beds, baths, and sale history.
What are the property facts for 4748 Penrose Ct?
4748 Penrose Ct is a 4 bed, 4 bath, 3,352 sqft, 11,326 sqft lot single_family.
Is 4748 Penrose Ct a flip candidate?
No — 4748 Penrose Ct does not appear in our flips dataset.
Is 4748 Penrose Ct a tax-appeal candidate?
No — 4748 Penrose Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.0%
Implied 1-yr
-8.1%
2026 Q3
$788.1K
2026 Q4
$769.7K
ZIP 85297 — Median Price History + Forecast

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