$1,021,600
- 5 Beds
- 4 Baths
- 4,063 sqft
1551 W COMMERCE Avenue, Gilbert, AZ 85233
Est. Refi. Payment $5,883/mo*
Refinance Your HomeCurrently Off Market - Sold May 24, 2024 for $1,085,000
Home Value
Trulia Estimate
$1.02MSince 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
| Month | Estimated 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
-- mins to
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
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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 |
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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 |
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Cumulative Days on Market: 87 |
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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 |
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Price List Price: $1,100,000 |
Status Change & Dates Off Market Date: Tue Apr 16 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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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 |
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Building Details Builder Name: AMZ |
Building Area Building Area: 4063 Square Feet |
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Community Features: Golf, Lake, Gated |
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HOA Fee Includes: Maintenance GroundsHOA Name: Playa Del ReyHOA Phone: 480-539-1396Has an HOAHOA Fee: $283/Monthly |
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Lot Area: 8250 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Energy Efficiency Features: Multi-Zones |
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Business Information Ownership: Fee Simple |
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Mls Number: 6653431 |
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GolfLakeGated |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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% |
Feb 15, 2024 Source: HomeSmart #6653431 | PendingToActive | $1,149,000 |
Feb 14, 2024 Source: HomeSmart #6653431 | Contingent | $1,149,000 |
Jan 20, 2024 Source: ARMLS #6653431 | Listed For Sale | $1,149,000 |
Dec 13, 2023 Source: ARMLS #6560159 | ListingRemoved | |
Oct 10, 2023 Source: ARMLS #6560159 | Listed For Sale | $1,139,000 |
Jul 15, 2023 Source: HomeSmart | ListingRemoved | |
Jun 2, 2023 Source: ARMLS #6560159 | Listed For Sale | $1,139,000 |
Feb 18, 2017 Source: ARMLS #5543901 | Sold | $447,000 |
Jan 20, 2017 Source: Agent Provided | Pending | $447,000 |
Jan 9, 2017 Source: Agent Provided | PriceChange | $447,000 Price decreased by 1% |
Dec 16, 2016 Source: Agent Provided | PriceChange | $450,000 Price decreased by 1% |
Nov 29, 2016 Source: Agent Provided | PriceChange | $455,000 Price decreased by 0% |
Nov 10, 2016 Source: Agent Provided | PriceChange | $456,000 Price decreased by 4% |
Sep 30, 2016 Source: Agent Provided | Listed For Sale | $475,000 |
Aug 3, 2015 Source: ARMLS #5271988 | Sold | $2,399 |
Jul 10, 2015 Source: Agent Provided | ListingRemoved | $2,399 |
Jul 4, 2015 Source: Agent Provided | PriceChange | $498,000 Price decreased by 0% |
Jul 2, 2015 Source: Agent Provided | PriceChange | $499,000 Price increased by 0% |
Jun 1, 2015 Source: Agent Provided | PriceChange | $498,000 Price decreased by 0% |
May 13, 2015 Source: Agent Provided | Pending | $499,000 |
Jun 25, 2009 Source: N/A | Sold | $325,000 |
Feb 11, 2009 Source: N/A | Sold | $430,000 |
Jan 4, 2005 Source: N/A | Sold | $535,000 |
Aug 20, 2003 Source: N/A | Sold | $384,668 |
Jul 22, 2002 Source: N/A | Sold | $347,076 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,508 | $689,300 |
Home facts updated by county records
Market trends in Gilbert
Last updated August 2026
Avg. sale price
$575K
$1.5KMoM
Sale-to-List Price
98.8%
0.1%MoM
Price per sq ft
$279
$0MoM
Available listings
1109
4MoM
Around this home
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
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.

