2887 E  Terrace Ave, Gilbert, AZ 85234
OFF MARKET

2887 E Terrace Ave
Gilbert, AZ 85234

Tone
  • 3 Beds
  • 2 Baths
  • 1,204 sqft

$386,800

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,187/mo*

$386,800

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,187/mo*
3 Beds
2 Baths
1,204 sqft

Home Value

Trulia Estimate
$387K
Since last month
Increased$2K (+0.6%)
Since last year
Increased$2K (+0.6%)
Since last sale
Increased$275K (+246.4%)
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 +95% in the last 10 years
MonthEstimated value
2026
August 2026$387K
July 2026$384K
June 2026$389K
May 2026$387K
April 2026$385K
March 2026$385K
February 2026$386K
January 2026$384K
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
0.08
Single-Family Home
$247,200
04/08/26
3
2
1,763
0.08
Single-Family Home
$292,000
09/26/25
3
2
1,647
0.20
Single-Family Home
$415,000
06/16/26
3
2
1,162
0.13
Single-Family Home
$500,000
01/14/26
3
2
1,688
0.10
Single-Family Home
$555,000
07/02/26
3
2
1,696
0.27
Single-Family Home
$415,000
11/18/25
3
2
1,421
0.34
Single-Family Home
$420,000
08/28/25
3
2
1,358
0.32
Single-Family Home
$550,000
12/18/25
3
2
1,702
0.43
Single-Family Home
$440,000
04/10/26
3
2
1,358
0.44
Single-Family Home
$440,800
03/26/26
3
2
1,358

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
0.09
$519,500
3
2
1,763
Off Market
0.10
$555,000
3
2
1,696
Recently Sold
0.11
$615,900
4
2
2,318
Off Market
0.12
$426,100
3
2
1,353
Off Market
0.13
$500,000
3
2
1,688
Recently Sold
0.13
$485,900
3
2
1,353
Off Market
0.12
$429,000
3
2
1,204
For Sale
0.13
$420,500
3
2
1,763
Off Market
0.13
$775,000
5
3
3,383
Recently Sold
0.14
$405,500
3
2
1,700
Off Market
0.16
$675,000
5
3
2,996
Recently Sold
0.15
$537,300
3
2
1,696
Off Market

Local Information

  • Map ViewExplore the area around 2887 E Terrace Ave.
  • Schools1 Preschool School1 Elementary School3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1998
Living Area
1,204 sqft
Price/Sqft
$321
Parking
Garage

About this House

This single-family home is located at 2887 E Terrace Ave, Gilbert, AZ. 2887 E Terrace Ave is in the Tone neighborhood in Gilbert, AZ and in ZIP code 85234. This property has 3 bedrooms, 2 bathrooms and approximately 1,204 sqft of floor space. This property has a lot size of 5475 sqft and was built in 1998.
2887 E Terrace Ave, Gilbert, AZ 85234 is a 3 bedroom, 2 bathroom, 1,204 sqft single-family home in Tone, built in 1998. It last sold for $111,669 on Aug 27, 1998. More recently, it was listed as a rental in April 2018 with an asking price of $1,275 per month. That rental listing was removed on April 21, 2018. It is currently off market. The Trulia Estimate is $386,800, with a rent estimate of $2,002/month.

Home Details for 2887 E Terrace Ave

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Number of Rooms: 6Types of Rooms: Master Bath
Appliances & Utilities
DishwasherDisposalRefrigerator

Exterior Features

Exterior Home Features
Roof: Other, TileExterior: StuccoPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1998
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 5475 sqft

Price and Tax history

DateEventPrice
Apr 21, 2018
Source: Agent Provided
ListingRemoved
$1,275
Apr 17, 2018
Source: Agent Provided
Listed For Rent
$1,275
Aug 27, 1998
Source: N/A
Sold
$111,669

Market trends in Gilbert

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$574K
$4.67K
MoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0
MoM
Available listings
1109
12
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.

LGBTQ Local Legal Protections

Frequently asked questions about 2887 E Terrace Ave

  • What is 2887 E Terrace Ave estimated to be worth?
    Trulia's estimated value for 2887 E Terrace Ave in Gilbert, AZ is $386,800.
  • What is the price history for 2887 E Terrace Ave?
    2887 E Terrace Ave in Gilbert, AZ last sold for $111,669 in August 1998.
  • 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 2887 E Terrace Ave have air conditioning?
    Yes, 2887 E Terrace Ave in Gilbert, AZ has air conditioning.
  • How big is the lot at 2887 E Terrace Ave?
    The lot at 2887 E Terrace Ave in Gilbert, AZ is about 0.13 acres (5,475 sq ft).

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