$411,800
as of Oct 2, 2026
- 3 Beds
- 2 Baths
- 1,567 sqft
121 E Olive Ave, Gilbert, AZ 85234
Home Highlights
Single-Family Home
1,567 sqft
$263/sqft
Local Information
-- mins to
About this House
What's unique:Extended covered patioBright open layoutSpacious single-level homeLarge eat-in kitchenRv gateAmple cabinet space
Welcome home to this charming Gilbert property nestled on a quiet interior street in a highly desirable central location. This spacious single-level home offers a bright, open layout with a large eat-in kitchen featuring ample cabinet space and included appliances. The generous bonus room provides plenty of flexibility perfect for a home office, playroom, or additional living area. Enjoy three comfortable bedrooms and two full bathrooms with neutral finishes and tile in all the right places. The private backyard is ideal for relaxing or entertaining, complete with an extended covered patio, grassy area, RV gate, and storage sheds. Conveniently located near excellent Gilbert schools, parks, and vibrant downtown Gilbert dining and shopping. No HOA!
Tenant responsible for all utilities and regular yard maintenance. Minimum 12-month lease term. Pets considered upon landlord approval.
Tenant responsible for all utilities and regular yard maintenance. Minimum 12-month lease term. Pets considered upon landlord approval.
121 E Olive Ave, Gilbert, AZ 85234 is a 3 bedroom, 2 bathroom, 1,567 sqft single-family home. It last sold for $132,500 on Oct 17, 2012 (6,225% above the $2,095 asking price). More recently, it was listed as a rental in September 2025 with an asking price of $2,500 per month. That rental listing was removed on December 15, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $411,800, with a rent estimate of $2,298/month.
Home Details for 121 E Olive Ave
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 Year |
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Appliances & Utilities DishwasherMicrowaveRefrigerator |
Heating & Cooling Air ConditioningCooling System: Central Air |
Levels, Entrance, & Accessibility Floors: Hardwood, Tile |
Comparable Sales for 121 E Olive Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $445,000 | 11/25/25 | 3 | 2 | 1,696 sqft | |
0.04 | Single-Family Home | $540,000 | 08/06/26 | 3 | 2 | 1,322 sqft | |
0.14 | Single-Family Home | $489,999 | 04/27/26 | 3 | 2 | 1,587 sqft | |
0.17 | Single-Family Home | $425,000 | 05/01/26 | 3 | 2 | 1,489 sqft | |
0.25 | Single-Family Home | $465,000 | 09/03/26 | 3 | 2 | 1,696 sqft | |
0.22 | Single-Family Home | $505,000 | 05/27/26 | 3 | 2 | 1,310 sqft | |
0.20 | Single-Family Home | $476,800 | 08/26/26 | 3 | 2.5 | 1,696 sqft | |
0.26 | Single-Family Home | $425,000 | 06/15/26 | 3 | 2 | 1,707 sqft | |
0.17 | Single-Family Home | $515,900 | 07/31/26 | 3 | 2.5 | 2,302 sqft | |
0.27 | Single-Family Home | $575,000 | 01/15/26 | 2 | 2 | 1,707 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Around this home
What Locals Say about Gilbert
At least 1898 Trulia users voted on each feature.
93 % Say there are sidewalks
93 % Say it's dog friendly
89 % Say car is needed
84 % Say people would walk alone at night
82 % Say parking is easy
81 % Say there's holiday spirit
80 % Say streets are well-lit
78 % Say kids play outside
75 % Say it's quiet
75 % Say yards are well-kept
56 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
48 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
37 % Say there are community events
28 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 15, 2025 Source: Zillow Rentals | ListingRemoved | $2,095 |
Nov 19, 2025 Source: Zillow Rentals | PriceChange | $2,095 Price decreased by 3% |
Nov 17, 2025 Source: Zillow Rentals | PriceChange | $2,149 Price decreased by 0% |
Nov 8, 2025 Source: Zillow Rentals | PriceChange | $2,150 Price decreased by 2% |
Oct 31, 2025 Source: Zillow Rentals | PriceChange | $2,195 Price decreased by 0% |
Oct 18, 2025 Source: Zillow Rentals | PriceChange | $2,200 Price decreased by 4% |
Oct 13, 2025 Source: Zillow Rentals | PriceChange | $2,300 Price increased by 5% |
Oct 5, 2025 Source: Zillow Rentals | PriceChange | $2,200 Price decreased by 12% |
Sep 24, 2025 Source: Zillow Rentals | Listed For Rent | $2,500 |
Sep 15, 2025 Source: Zillow Rentals | ListingRemoved | $2,500 |
Aug 29, 2025 Source: Zillow Rentals | Listed For Rent | $2,500 |
Mar 25, 2025 Source: Zillow Rentals | ListingRemoved | $2,500 |
Mar 11, 2025 Source: Zillow Rentals | Listed For Rent | $2,500 |
Nov 1, 2012 Source: Agent Provided | ListingRemoved | $1,050 |
Oct 18, 2012 Source: Agent Provided | Listed For Rent | $1,050 |
Oct 17, 2012 Source: ARMLS #4771853 | Sold | $132,500 |
Aug 11, 2012 Source: Agent Provided | Listed For Sale | $140,000 |
Jul 4, 2012 Source: Agent Provided | ListingRemoved | $150,000 |
Jun 10, 2012 Source: Agent Provided | Listed For Sale | $150,000 |
Mar 18, 2010 Source: ARMLS #4320621 | Sold | $108,000 |
Jan 5, 2010 Source: N/A | Sold | $128,000 |
Mar 29, 2006 Source: N/A | Sold | $253,000 |
Oct 11, 2005 Source: N/A | Sold | $200,000 |
Nov 1, 2002 Source: N/A | Sold | $125,000 |
Nov 17, 2000 Source: N/A | Sold | $111,500 |
May 26, 1999 Source: N/A | Sold | $95,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,342 | $346,700 |
Home facts updated by county records
Frequently asked questions about 121 E Olive Ave
- What is 121 E Olive Ave estimated to be worth?Trulia's estimated value for 121 E Olive Ave in Gilbert, AZ is $411,800.
- What is the price history for 121 E Olive Ave?121 E Olive Ave in Gilbert, AZ last sold for $132,500 in October 2012.
- Is Gilbert a buyer's or seller's market?Gilbert is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Gilbert?The median sale price in Gilbert is $575K. That is up $1.5K from the prior month.
- Does 121 E Olive Ave have air conditioning?Yes, 121 E Olive Ave in Gilbert, AZ has air conditioning.
Homes for rent near 121 E Olive Ave
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
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Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

