2831 E Terrace Ave
Gilbert, AZ 85234
Tone- 3 Beds
- 2 Baths
- 1,353 sqft
$465,100
as of Aug 25, 2026
$465,100
as of Aug 25, 2026
- 3 Beds
- 2 Baths
- 1,353 sqft
Home Highlights
Property Type
Single-Family Home
Living Area
1,353 sqft
Price/Sqft
$344
Local Information
-- mins to
About this House
This beautifully updated single-story home in Gilbert features an open, light-filled layout with vaulted ceilings, modern finishes, and a private backyard perfect for relaxing or entertaining. The home offers wood-looking flooring in main living areas, carpet in bedrooms, and stylish ceiling fans throughout. The updated kitchen includes quartz countertops, black stainless-steel appliances, and tile backsplash, flowing seamlessly into the living and dining areas. Spacious bedrooms provide comfort and functionality. Enjoy a beautifully landscaped backyard with a covered patio, paver seating area, and well-maintained back yard (landscaping services included in rent).
Prime location near the US-60 (I-60), Banner Gateway Medical Center, Fry's Marketplace, Sprouts Farmers Market, brand-new neighborhood park, and in highly rated Gilbert School District all within walking distance. Here's your chance to rent a well-loved, owner-managed home in a great part of Gilbert.
$2,200.00 Monthly Rent.
$2,200.00 Refundable Security Deposit.
$300.00 Non-refundable cleaning fee.
$500.00 Refundable pet deposit for each pet (if applicable).
$300.00 Non-refundable pet cleaning fee plus additional $30.00 per month pet rent (if applicable).
Applicants must have decent credit and apply through Zillow Rental Manager. A cashier's check is required to secure the home and remove the listing. First month's rent is due the day before moving in (when the keys are handed over). Rent is paid monthly via auto-recurring ACH payments through Zillow Rental Manager. Just note that Zillow's ACH payment system takes about a week to verify the account and confirm funds.
Tenant is responsible for all utilities that include water/trash (City of Gilbert), gas (Southwest Gas), and electric (SRP). Home is wired for security services in which tenant would pay for as an addition (ADT). Owner will be responsible for landscaping services. This is a long-term lease with a minimum of 1 year. No smoking allowed.
Prime location near the US-60 (I-60), Banner Gateway Medical Center, Fry's Marketplace, Sprouts Farmers Market, brand-new neighborhood park, and in highly rated Gilbert School District all within walking distance. Here's your chance to rent a well-loved, owner-managed home in a great part of Gilbert.
$2,200.00 Monthly Rent.
$2,200.00 Refundable Security Deposit.
$300.00 Non-refundable cleaning fee.
$500.00 Refundable pet deposit for each pet (if applicable).
$300.00 Non-refundable pet cleaning fee plus additional $30.00 per month pet rent (if applicable).
Applicants must have decent credit and apply through Zillow Rental Manager. A cashier's check is required to secure the home and remove the listing. First month's rent is due the day before moving in (when the keys are handed over). Rent is paid monthly via auto-recurring ACH payments through Zillow Rental Manager. Just note that Zillow's ACH payment system takes about a week to verify the account and confirm funds.
Tenant is responsible for all utilities that include water/trash (City of Gilbert), gas (Southwest Gas), and electric (SRP). Home is wired for security services in which tenant would pay for as an addition (ADT). Owner will be responsible for landscaping services. This is a long-term lease with a minimum of 1 year. No smoking allowed.
2831 E Terrace Ave, Gilbert, AZ 85234 is a 3 bedroom, 2 bathroom, 1,353 sqft single-family home in Tone. It last sold for $515,000 on Apr 14, 2022 (23,309% above the $2,200 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $2,200 per month. That rental listing was removed on February 1, 2026. It is currently off market. The Trulia Estimate is $465,100, with a rent estimate of $2,045/month.
Home Details for 2831 E Terrace 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 DryerWasher |
Comparable Sales for 2831 E Terrace Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $555,000 | 07/02/26 | 3 | 2 | 1,696 sqft | |
0.09 | Single-Family Home | $540,000 | 08/26/25 | 3 | 2 | 1,696 sqft | |
0.02 | Single-Family Home | $292,000 | 09/26/25 | 3 | 2 | 1,647 sqft | |
0.19 | Single-Family Home | $500,000 | 01/14/26 | 3 | 2 | 1,688 sqft | |
0.27 | Single-Family Home | $415,000 | 06/16/26 | 3 | 2 | 1,162 sqft | |
0.33 | Single-Family Home | $415,000 | 11/18/25 | 3 | 2 | 1,421 sqft | |
0.12 | Single-Family Home | $247,200 | 04/08/26 | 3 | 2 | 1,763 sqft | |
0.40 | Single-Family Home | $420,000 | 08/28/25 | 3 | 2 | 1,358 sqft | |
0.27 | Single-Family Home | $550,000 | 06/23/26 | 4 | 2 | 1,785 sqft | |
0.38 | Single-Family Home | $550,000 | 12/18/25 | 3 | 2 | 1,702 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Around this home
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Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 1, 2026 Source: Zillow Rentals | ListingRemoved | $2,200 |
Jan 29, 2026 Source: Zillow Rentals | Listed For Rent | $2,200 |
Apr 14, 2022 Source: ARMLS #6366567 | Sold | $515,000 |
Mar 15, 2022 Source: ARMLS #6366567 | Pending | $475,000 |
Mar 10, 2022 Source: ARMLS #6366567 | Listed For Sale | $475,000 |
May 18, 2018 Source: ARMLS #5759521 | Sold | $246,850 |
May 8, 2018 Source: Agent Provided | Pending | $249,900 |
May 1, 2018 Source: Agent Provided | Listed For Sale | $249,900 |
Dec 23, 2002 Source: N/A | Sold | $143,525 |
Sep 24, 1998 Source: N/A | Sold | $119,023 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,310 | $348,600 |
Home facts updated by county records
Frequently asked questions about 2831 E Terrace Ave
- What is 2831 E Terrace Ave estimated to be worth?Trulia's estimated value for 2831 E Terrace Ave in Gilbert, AZ is $465,100.
- What is the price history for 2831 E Terrace Ave?2831 E Terrace Ave in Gilbert, AZ last sold for $515,000 in April 2022.
- 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 $574K. That is up $4.67K from the prior month.
- Does 2831 E Terrace Ave have laundry facilities?Yes, 2831 E Terrace Ave in Gilbert, AZ has in-unit laundry.
Homes for rent near 2831 E Terrace Ave
Affordability
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