5502 S PICO Street, Gilbert, AZ 85298 (MLS# 6793589)

5502 S PICO Street, Gilbert, AZ 85298

$753,000

Property Type: Residential Bedrooms: 4 Baths: 2.5 Square Footage: 2,692 Lot Size (sq. ft.): 11,050 Status: Closed

Current Price: $753,000 Last Modified: 7/06/2025

Overview

Description

Stunning split floor plan home on corner lot in Freeman Farms! 9' ceilings, 8' doors, and mirrored closet doors. Great room is pre-wired for surround sound, and acoustic insulation between it and primary provides a sound barrier. Primary has exit to the beautiful backyard, includes a bathroom with Fasa Stone vanity, super shower, and walk-in closet with ceiling fan. Three bedrooms have new carpet and paint; 4th bedroom was used as a craft room and has tile. Stainless steel appliances in kitchen include a new Kitchen Aid refrigerator, new Kitchen Aid dishwasher, GE Monogram gas cooktop with 4 burners and grill, GE Monogram microwave/convection oven. Laundry room has built-in cabinets, counter, and sink. 3-bay tandem garage has a side access service door and coated garage floor.

Supplements: Let's talk about the amazing backyard! Pool with in-floor cleaning and a new pump, firepit with an extended wall for seating, and large pergola and outdoor kitchen with two grills (one charcoal, one gas), new refrigerator, sink, and bar that accommodates 8 stools. Additionally, the side yards contain raised garden beds with watering system, 4'x6' ... (Read more)

Listing Details MLS# 6793589

Location, Tax & Legal

House Number: 5502
Compass: S
Street Name: PICO
St Suffix: Street
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85298
Zip4: 3417
Country: US
County Code: Maricopa
Assessor Number: 304-70-300
Subdivision: FREEMAN FARMS PHASE 2 PARCEL 1
Tax Year: 2024
Assessor's Map #: 70
Legal Description (Abbrev): LOT 194 FREEMAN FARMS PHASE 2 PARCEL 1 MCR 079445
Assessor's Parcel #: 300
Tax Municipality: Gilbert
Taxes: 3774

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 4
Full Bathrooms: 2
Half Bathrooms: Yes
Total Bathrooms: 2.5
Approx SQFT: 2692
Price/SqFt: 279.72
Horses: N
Builder Name: Fulton Homes
Year Built: 2011
Approx Lot SqFt: 11050
Approx Lot Acres: 0.254
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Elementary School District: Higley Unified School District
High School District: Higley Unified School District
Elementary School: Coronado Elementary School
Jr. High School: Cooley Middle School
High School: Williams Field High School

Remarks Misc

Cross Street: Greenfield & Ocotillo
Directions: East on Ocotillo, Left on Freeman Farms, Left on Sourwood, Left on Cardinal, Right on Blue Spruce, Right on Pico to Home on Left.

Status Change Info

Off Market Date: 2025-05-31
Under Contract Date: 2025-04-26
Close of Escrow Date: 2025-06-05

Legal Info

Township: 2S
Range: 6E
Section: 15
Lot Number: 194

More Information

Basement

Basement Y/N: N

Parking Spaces

Garage Spaces: 3
Total Covered Spaces: 3
Slab Parking Spaces: 0

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Tile: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 150
HOA Fee: 325
HOA Paid Frequency: Quarterly
HOA Name: Freeman Farms
HOA Telephone: 480-422-0888
HOA Management Company: Trestle Management
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 432
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 324
Disclosure Fees HOA: 250
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 108.33

Lockbox Type

Supra: Yes

Master Bathroom

Double Vanity: Yes
Private Toilet Room: Yes

Master Bedroom

Split: Yes

Additional Bedroom

Separate Bedroom Exit: Yes
Master Bedroom Walk-in Closet: Yes
Other Bedroom Walk-in Closet: Yes

Fireplace Features

Fire Pit: Yes

Flooring

Carpet: Yes
Tile: Yes

Window Features

Solar Screens: Yes
Dual Pane: Yes

Private Pool Features

Variable Speed Pump: Yes

Community Features

Biking/Walking Path: Yes
Children's Playgrnd: Yes
Lake: Yes

Dining Area

Eat-in Kitchen: Yes
Breakfast Bar: Yes

Heating

Natural Gas: Yes

Kitchen Features

Built In Recycling: Yes
Dishwasher: Yes
Disposal: Yes
Kitchen Island: Yes
Built-in Microwave: Yes
Multiple Ovens: Yes
Pantry: Yes
Refrigerator: Yes
Reverse Osmosis: Yes
Walk-in Pantry: Yes
Wall Oven(s): Yes
Gas Cooktop: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Interior Features

9+ Flat Ceilings: Yes
No Interior Steps: Yes
Water Softener Owned: Yes

Laundry

Washer Hookup: Yes
Inside: Yes

Other Rooms

Great Room: Yes

Separate Den/Office

Sep Den/Office Y/N: Y

Technology

Pre-Wire Srnd Snd: Yes
Cable TV Avail: Yes
High Speed Internet: Yes
Security System Owned: Yes

Fencing

Block: Yes

Water Source

City Water: Yes

Exterior Features

Built-in BBQ: Yes
Covered Patio(s): Yes
Gazebo: Yes
Storage: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

Parking Features

RV Gate: Yes
Tandem Garage: Yes
Direct Access: Yes
Garage Door Opener: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes

Plumbing

Gas Hot Wtr – Tnklss: Yes

Utilities

SRP: Yes
SW Gas: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Property Description

Corner Lot: Yes
East/West Exposure: Yes
Borders Common Area: Yes

Landscaping

Gravel/Stone Front: Yes
Gravel/Stone Back: Yes
Synthetic Grass Frnt: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Common Area Maint: Yes

Assoc Rules/Info

Prof Managed: Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Fireplace Features: Fire Pit Flooring: Carpet; Tile Window Features: Solar Screens; Dual Pane Private Pool Features: Variable Speed Pump Spa: None Community Features: Biking/Walking Path; Children's Playgrnd; Lake Dining Area: Eat-in Kitchen; Breakfast Bar Kitchen Features: Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Built In Recycling; Wall Oven(s); Multiple Ovens; Pantry; Walk-in Pantry; Kitchen Island Laundry: Washer Hookup; Inside Other Rooms: Great Room Interior Features: 9+ Flat Ceilings; No Interior Steps; Water Softener Owned Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet; Security System Owned Exterior Features: Built-in BBQ; Covered Patio(s); Gazebo; Storage Parking Features: Direct Access; Garage Door Opener; RV Gate; Tandem Garage Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Plumbing: Gas Hot Wtr – Tnklss Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Property Description: Corner Lot; East/West Exposure; Borders Common Area Landscaping: Gravel/Stone Front; Gravel/Stone Back; Synthetic Grass Frnt Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Barrett Real Estate

Last Updated: July - 06 - 2025