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3427 E DERRINGER Way, Gilbert, AZ, 85297

5beds
3baths
3,094sqft
$649,000
$210price/sqft
$3,993/moest. monthly cost
$159,720/yrincome needed

About This Home

Excellent location close to shopping and everyday conveniences! This beautiful two-story home features 5 bedrooms and 2.5 baths with a highly desirable layout. The main level includes the primary suite, along with formal living and dining areas plus a spacious family room. The open-concept kitchen is equipped with granite countertops, painted cabinets, a center island, and stainless steel appliances. The downstairs primary bedroom offers an ensuite bath with dual sinks and a shower/tub combo. Upstairs, you'll find generously sized bedrooms, a large loft, and an additional full bath. Step outside to a large covered patio overlooking a gated pool--perfect for relaxing or entertaining. A storage shed adds extra space!

Getting Around

54
WalkingSomewhat Walkable
0
TransitNo Nearby Transit
0
BikeNot Bike Friendly

Schools

9/10
San Tan Elementary SchoolGrades PK-60.3 mi
7/10
Higley High SchoolGrades 8-120.8 mi
8/10
Sossaman Middle SchoolGrades 7-83.1 mi

Construction

Condition

  • Year built: 2001

Materials

  • Roof: Tile
  • Construction materials: Stucco,Wood Frame,Painted

Other

  • Builder name: KB Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Built-in Microwave,Dishwasher,Disposal,Built-In Electric Oven
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • High Speed Internet,Double Vanity,Master Downstairs,Eat-in Kitchen,Kitchen Island,Pantry
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,094
  • Total interior livable area: 3,094 sqft

Property

Details

  • Parcel number: 30451618

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Fenced
  • Patio & porch: Covered,Patio
  • Exterior features: Storage
  • Spa features: None
  • Fencing: Block

Lot

  • Lot size: 7,150 sqft
  • Features: Desert Back,Desert Front,Grass Front,Grass Back

Parking

  • Total spaces: 4
  • Parking features: Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,281$39,372
Home Insurance $148$1,776
Property Taxes $237$2,844
Electricity $327$3,931
Total$3,993$47,916

Income You'd Need if You Spent...

35% on housing$136,902/yr
40% on housing$119,790/yr
45% on housing$106,480/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$210This listing

vs Other Active Listings

Avg $/sqft

ZIP 85297$289
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85297$261
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-29Listed for sale$675,000
2022-02-02Listing removed--
2022-01-24Listed for rent$3,000
2022-01-06Sold$630,000
2021-12-15Pending sale$639,900
2021-10-01Listed for sale$639,900
2021-07-06Sold$600,000
2014-08-29Sold$274,000
2014-07-13Price change$279,000
2014-06-10Price change$279,900
2014-05-01Price change$287,000
2014-04-05Price change$288,000
2014-03-30Price change$289,000
2014-03-12Price change$293,000
2014-03-01Listed for sale$293,500
2013-08-08Listing removed$224,000
2013-08-01Listed for sale$224,000
2013-05-31Listing removed$275,000
2013-05-11Price change$275,000
2013-04-16Listed for sale$224,000
2012-11-29Listing removed$1,495
2012-10-09Price change$1,495
2012-08-04Price change$1,595
2012-07-24Price change$1,650
2012-06-13Price change$1,695
2012-06-06Price change$1,745
2012-05-10Listed for rent$1,795
2012-04-13Sold$205,000
2002-01-09Sold$187,641

For Sale by Agent

AgentAartie Aiyer
BrokerageAartie Aiyer Realty LLC

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