2875 E Morrison Ranch Pkwy in Gilbert sells for $3.92 million

A single-family home at 2875 E Morrison Ranch Pkwy in Gilbert sold for $3,925,000 on October 1, 2026, according to Maricopa County Assessor's parcel records. The Assessor's records show a market value of $2,011,300. The sale price was 95% above that.

An aerial photo shows a pool and a sport court at the property, with other houses around it.

The Assessor's records show 6,852 square feet of living area, a build year of 2005 and a 1.02-acre lot. The price works out to $573 per square foot.

The record lists Dewitt Family Trust as the buyer. Listing data shows 5 bedrooms and 4 bathrooms.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Maricopa County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $8,240 for the owner's title insurance policy and $650 for the escrow fee. Who pays what follows Maricopa County custom.

How much did the seller net?

By our estimate, the seller netted about $3,702,131. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $844,336 at closing. That covers the down payment and closing costs.

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