1551 W COMMERCE Avenue, Gilbert, AZ 85233
Property image
Property image
OFF MARKET

$1,021,600

Trulia Estimate
  • 5 Beds
  • 4 Baths
  • 4,063 sqft

1551 W COMMERCE Avenue, Gilbert, AZ 85233

Playa del Rey
Est. Refi. Payment $5,883/mo*
Refinance Your Home
Currently Off Market - Sold May 24, 2024 for $1,085,000

Home Value

Trulia Estimate
$1.02M
Since last month
Decreased$7K (-0.7%)
Since last year
Decreased$19K (-1.9%)
Since last sale
Decreased$57K (-5.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +126% in the last 10 years
MonthEstimated value
2026
September 2026$1.03M
August 2026$1.04M
July 2026$1.03M
June 2026$1.04M
May 2026$1.05M
April 2026$1.04M
March 2026$1.04M
February 2026$1.02M
January 2026$1.02M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
Single-Family Home
$1,070,000
03/09/26
5
4
3,820
0.16
Single-Family Home
$750,000
09/09/26
5
3
3,502
0.20
Single-Family Home
$607,000
05/08/26
5
3
2,732
0.17
Single-Family Home
$582,000
09/30/25
4
3
3,013
0.19
Single-Family Home
$597,500
04/20/26
4
2
2,369
0.55
Single-Family Home
$750,000
05/20/26
5
3
3,273
0.47
Single-Family Home
$670,000
01/26/26
5
4.5
3,063
0.50
Single-Family Home
$699,000
03/20/26
4
2.5
2,853
0.47
Single-Family Home
$583,500
01/30/26
5
3
2,468
0.19
Single-Family Home
$530,000
06/24/26
3
2.5
1,698

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$1,171,800
4
3
2,861
Off Market
0.12
$1,998,700
5
4
4,063
Off Market
0.16
$664,900
3
2.5
2,526
Off Market
0.17
$585,400
4
3
3,013
Off Market
0.17
$1,949,900
5
4
4,561
For Sale
0.16
$750,000
5
3
3,502
Recently Sold
0.19
$501,500
4
2.5
2,046
Off Market
0.16
$477,000
3
2
1,509
Off Market
0.17
$531,900
4
3
1,850
Off Market
0.19
$520,600
3
3.5
2,242
Off Market
0.20
$550,300
3
3.5
2,242
Off Market

Local Information

  • Map ViewExplore the area around 1551 W COMMERCE Avenue.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2002
4,063 sqft
$251/sqft
Garage
HOA $283/mo

About this House

SELLER OFFERING 2/1 BUYDOWN CREDIT! OVER $440K IN RECENT UPGRADES! SKI LAKE COMMUNITY! Playa Del Rey is one of 3 ski lakes in the valley. Permitted are jet skis, wake boarding, kayaks and paddle boards. From the inside out, this house looks and feels like a new home. Find reassurance knowing future maintenance is minimized with upgraded systems and high-end finishes throughout. The thoughtful interior and exterior design provokes a sense of comfort and relaxation, creativity, and an inviting ambiance. Explore your inner culinary genius in the expansive gourmet kitchen. Open the curtains and appreciate the sheer amount of natural light flowing in. Step outside and recharge in the private backyard. Please read further for the interior and exterior upgrades/renovations. Interior Upgrades: All 26 south facing windows have been replaced, complete gourmet kitchen remodel w/chef's style appliance package, fully remodeled laundry room w/washer & dryer w/wifi connectivity, 3 bathrooms renovated - master shower has 12 jets, new gas hot water heater, water softener and R/O, custom fireplace with mantle, hearth, and surround, engineered hardwood flooring throughout main areas and new carpet in bedrooms, interior paint throughout, beams in great room, LED lighting, smart home system, Ring security system. Exterior upgrades: renovated backyard w/sod, sprinklers, river rock, 8 Indian Laurel Ficus trees, many new plants/shrubs, stone & travertine walkways & new seating areas, new roof w/limited lifetime warranty on the underlayment, 3 new A/C units w/multi-zone thermostats, pool surface & salt water conversion in 2017, recently acid washed pool, new variable speed pump, sand filter, pool cleaner, & plumbing, plumbed rear patio stainless steel sink & prep space, plumbed gas for grill, entry fountain, exterior of house repainted, interior & exterior surround sound, and 50 amp RV hook up. See docs tab for complete list. Backs to McQueen Park, only 2 miles to the Heritage District via Sun Circle Trail pedestrian path, and 2 miles to the US 60.
1551 W COMMERCE Avenue, Gilbert, AZ 85233 is a 5 bedroom, 4 bathroom, 4,063 sqft single-family home in Playa del Rey, built in 2002. It last sold for $1,085,000 on May 24, 2024 (1% below the $1,100,000 asking price). That rental listing was removed on July 10, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,021,600, with a rent estimate of $5,204/month.
Last check for updates: about 20 hours ago
Listed by Amanda Walstrom, (623) 826-6783
HomeSmart
Jayne Michelle Donner, (623) 695-4962
HomeSmart
Bought with: Joanie DiMatteo-Godsey, (480) 457-0340, NORTH&CO.
Source: ARMLS, MLS#6653431
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 1551 W COMMERCE Avenue

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4
Dimensions and Layout
Living Area: 4063 Square Feet
Appliances & Utilities
Appliances: Gas Cooktop, Water Purifier
Heating & Cooling
Heating: ENERGY STAR Qualified Equipment,Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment,Programmable ThmstatHas HeatingHeating Fuel: ENERGY STAR Qualified Equipment
Fireplace & Spa
Fireplace: Family Room, GasSpa: NoneHas a Fireplace
Windows, Doors, Floors & Walls
Window: Skylight(s), Low Emissivity Windows, Double Pane Windows, ENERGY STAR Qualified WindowsFlooring: Carpet, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Floors: Carpet, Tile, Wood
Security
Security: Security System Owned

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: CoveredFencing: BlockExterior: Playground, BalconyHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 3No CarportHas a GarageHas Open ParkingParking Spaces: 6Parking: Garage, Open
Pool
Pool: FencedPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 87

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Stucco, Wood FrameNot Attached Property
Property Information
Parcel Number: 31008371

Price & Status

Price
List Price: $1,100,000
Status Change & Dates
Off Market Date: Tue Apr 16 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: PLAYA DEL REY AMENDED
School Information
Elementary School: Playa Del Rey Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Gilbert Junior High SchoolHigh School: Mesquite High SchoolHigh School District: Gilbert Unified District

Building

Building Details
Builder Name: AMZ
Building Area
Building Area: 4063 Square Feet

Community

Community Features: Golf, Lake, Gated

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Playa Del ReyHOA Phone: 480-539-1396Has an HOAHOA Fee: $283/Monthly

Lot Information

Lot Area: 8250 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Energy

Energy Efficiency Features: Multi-Zones

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6653431

Additional Information

GolfLakeGated

Price and Tax history

DateEventPrice
May 24, 2024
Source: ARMLS #6653431
Sold
$1,085,000
Apr 16, 2024
Source: ARMLS #6653431
Pending
$1,100,000
Apr 15, 2024
Source: ARMLS #6653431
PriceChange
$1,100,000
Price increased by 0%
Mar 28, 2024
Source: ARMLS #6653431
PriceChange
$1,099,000
Price decreased by 2%
Mar 11, 2024
Source: ARMLS #6653431
PriceChange
$1,124,000
Price decreased by 2%

Market trends in Gilbert

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$575K
$1.5K
MoM
Sale-to-List Price
98.8%
0.1%
MoM
Price per sq ft
$279
$0
MoM
Available listings
1109
4
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Playa del Rey

At least 16 Trulia users voted on each feature.
  • 96 % Say it's dog friendly

  • 89 % Say car is needed

  • 88 % Say there are sidewalks

  • 84 % Say people would walk alone at night

  • 75 % Say streets are well-lit

  • 71 % Say kids play outside

  • 67 % Say there's holiday spirit

  • 64 % Say parking is easy

  • 60 % Say it's quiet

  • 59 % Say yards are well-kept

  • 51 % Say neighbors are friendly

  • 39 % Say they plan to stay for at least 5 years

  • 27 % Say there are community events

  • 25 % Say it's walkable to restaurants

  • 25 % Say it's walkable to grocery stores

  • 14 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 1551 W COMMERCE Avenue

  • What is 1551 W COMMERCE Avenue estimated to be worth?
    Trulia's estimated value for 1551 W COMMERCE Avenue in Gilbert, AZ is $1,021,600.
  • What is the price history for 1551 W COMMERCE Avenue?
    1551 W COMMERCE Avenue in Gilbert, AZ last sold for $1,085,000 in May 2024.
  • 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 1551 W COMMERCE Avenue have air conditioning?
    Yes, 1551 W COMMERCE Avenue in Gilbert, AZ has air conditioning.
  • Does 1551 W COMMERCE Avenue have a pool?
    Yes, 1551 W COMMERCE Avenue in Gilbert, AZ has a pool.

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