1640 E  Olive Ave, Gilbert, AZ 85234
Property image
Property image
OFF MARKET

$656,900

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,382 sqft

1640 E Olive Ave, Gilbert, AZ 85234

Sonoma Ranch
Est. Refi. Payment $3,941/mo*
Refinance Your Home
Currently Off Market - Sold Jun 13, 2019 for $385,000

Home Value

Trulia Estimate
$657K
Since last month
Increased$2K (+0.2%)
Since last year
Increased$16K (+2.5%)
Since last sale
Increased$272K (+70.6%)
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 +93% in the last 10 years
MonthEstimated value
2026
September 2026$657K
September 2026$657K
August 2026$655K
July 2026$653K
June 2026$655K
May 2026$647K
April 2026$651K
March 2026$648K
February 2026$644K
January 2026$638K
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
0.04
Single-Family Home
$530,000
04/03/26
4
2.5
1,997
0.16
Single-Family Home
$665,000
05/06/26
5
3
2,382
0.11
Single-Family Home
$665,000
02/27/26
4
3
2,382
0.08
Single-Family Home
$558,000
05/28/26
4
2.5
1,997
0.16
Single-Family Home
$560,000
07/07/26
4
3
2,085
0.22
Single-Family Home
$575,000
05/29/26
4
3
2,658
0.23
Single-Family Home
$680,000
06/17/26
4
3
2,382
0.10
Single-Family Home
$489,000
10/29/25
4
2
1,820
0.28
Single-Family Home
$510,000
08/31/26
4
2.5
2,114
0.37
Single-Family Home
$550,000
09/09/26
4
3
2,239

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
0.01
$582,100
4
2
1,710
Off Market
0.01
$521,400
Studio
3
1,820
Off Market
0.02
$440,400
3
2
1,248
Off Market
0.02
$450,100
3
2
1,248
Off Market
0.02
$407,600
3
2
1,248
Off Market
0.03
$554,000
Studio
4
2,085
Off Market
0.03
$569,800
4
4
1,997
Off Market
0.03
$566,400
4
3
2,085
Off Market
0.03
$656,500
5
4
2,382
Off Market
0.03
$540,500
3
2
1,820
Off Market
0.03
$523,700
3
2
1,820
Off Market
0.03
$477,400
Studio
3
1,542
Off Market
0.03
$432,600
3
2
1,386
Off Market
0.03
$415,600
3
2
1,248
Off Market
0.04
$503,600
3
2
1,542
Off Market
0.04
$530,000
4
2.5
1,997
Recently Sold
0.04
$632,700
5
3
2,562
Off Market
0.04
$436,600
3
2
1,386
Off Market
0.04
$396,300
Studio
2
1,248
Off Market
0.04
$607,000
4
3
2,382
Off Market

Local Information

  • Map ViewExplore the area around 1640 E Olive Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1995
2,382 sqft
$276/sqft
Garage

About this House

Gorgeous 5 bedroom, 3 full bath home in a highly desirable Gilbert location.Oversized lot with entertainers backyard oasis. Sparkling pool with water feature, above ground jacuzzi, custom palapa, lush landscaping with extended covered patio. Home offers vaulted ceilings, family room with dining area and a great room off the kitchen. Kitchen boasts granite counter tops, updated back splash and stainless steal appliances. Large master suite with double doors and walk in closet. Double RV gates , shed with concrete pad, extended driveway parking for 3. New interior paint throughout. Updated front walkway. Hurry this one won't last!
1640 E Olive Ave, Gilbert, AZ 85234 is a 5 bedroom, 3 bathroom, 2,382 sqft single-family home in Sonoma Ranch, built in 1995. It last sold for $385,000 on Jun 13, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $656,900, with a rent estimate of $3,401/month.

Home Details for 1640 E Olive Ave

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Laminate
Interior Details
Number of Rooms: 8
Appliances & Utilities
DishwasherMicrowave

Exterior Features

Exterior Home Features
Roof: OtherExterior: WoodPatio
Pool
Pool
Parking & Garage
GarageParking Spaces: 5Parking: Garage Attached

Property Information

Year Built
Year Built: 1995
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 9147 sqft

Price and Tax history

DateEventPrice
Jun 13, 2019
Source: ARMLS #5925940
Sold
$385,000
May 18, 2019
Source: Agent Provided
Pending
$379,900
May 15, 2019
Source: Agent Provided
Listed For Sale
$379,900
Apr 26, 2002
Source: ARMLS #1741677
Sold
$196,000
Jul 26, 2000
Source: ARMLS #1522537
Sold
$196,000

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Sonoma Ranch

At least 5 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 91 % Say car is needed

  • 90 % Say people would walk alone at night

  • 90 % Say kids play outside

  • 90 % Say there's holiday spirit

  • 89 % Say it's dog friendly

  • 88 % Say parking is easy

  • 88 % Say there are sidewalks

  • 83 % Say streets are well-lit

  • 80 % Say it's quiet

  • 79 % Say neighbors are friendly

  • 75 % Say they plan to stay for at least 5 years

  • 50 % Say there are community events

  • 44 % Say it's walkable to restaurants

  • 44 % Say it's walkable to grocery stores

  • 30 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • eblackwell
    "Used to live there and it's by far one of the friendliest communities I've ever been in. "

LGBTQ Local Legal Protections

Frequently asked questions about 1640 E Olive Ave

  • What is 1640 E Olive Ave estimated to be worth?
    Trulia's estimated value for 1640 E Olive Ave in Gilbert, AZ is $656,900.
  • What is the price history for 1640 E Olive Ave?
    1640 E Olive Ave in Gilbert, AZ last sold for $385,000 in June 2019.
  • 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 1640 E Olive Ave have air conditioning?
    Yes, 1640 E Olive Ave in Gilbert, AZ has air conditioning.
  • Does 1640 E Olive Ave have a pool?
    Yes, 1640 E Olive Ave in Gilbert, AZ has a pool.

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