2961 E  Terrace Ave, Gilbert, AZ 85234
Property image
Property image
OFF MARKET

$424,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,454 sqft

2961 E Terrace Ave, Gilbert, AZ 85234

Tone
Est. Refi. Payment $2,394/mo*
Refinance Your Home
Currently Off Market - Sold Aug 10, 2017 for $242,000

Home Value

Trulia Estimate
$425K
Since last month
Increased$1K (+0.3%)
Since last year
$100 (0%)
Since last sale
Increased$184K (+75.9%)
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$426K
July 2026$424K
June 2026$428K
May 2026$428K
April 2026$429K
March 2026$429K
February 2026$429K
January 2026$421K
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
0.09
Single-Family Home
$247,200
04/08/26
3
2
1,763
0.16
Single-Family Home
$292,000
09/26/25
3
2
1,647
0.05
Single-Family Home
$500,000
01/14/26
3
2
1,688
0.21
Single-Family Home
$415,000
11/18/25
3
2
1,421
0.12
Single-Family Home
$415,000
06/16/26
3
2
1,162
0.26
Single-Family Home
$550,000
12/18/25
3
2
1,702
0.19
Single-Family Home
$555,000
07/02/26
3
2
1,696
0.37
Single-Family Home
$440,000
04/10/26
3
2
1,358
0.38
Single-Family Home
$440,800
03/26/26
3
2
1,358
0.64
Single-Family Home
$442,436
07/23/26
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
0.04
$517,700
3
2
1,763
Off Market
0.04
$424,100
3
2
1,353
Off Market
0.05
$484,300
3
2
1,353
Off Market
0.05
$500,000
3
2
1,688
Recently Sold
0.07
$403,400
3
2
1,763
Off Market
0.10
$549,200
4
3
2,267
Off Market
0.12
$675,000
5
3
2,996
Recently Sold
0.12
$415,000
3
2
1,162
Recently Sold
0.16
$613,700
4
2
2,318
Off Market
0.14
$244,900
2
2
1,023
For Sale
0.14
$295,000
2
2
1,024
Recently Sold
0.14
$323,000
3
2
1,212
Recently Sold

Local Information

  • Map ViewExplore the area around 2961 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
1,454 sqft
Price/Sqft
$292
Parking
Garage

About this House

No need to preview! What a beautiful home! 3 bedrooms, den and 2 baths. Fresh paint throughout interior, ceiling fans in all the right places. Gorgeous NEW vinyl wood floors and newer carpet. HVAC system in 2013. Private master suite with study/office. Great room/Family room/Living room and open kitchen features stone counters, plenty of cabinets, refrigerator. New window blinds. Touches of stone on front elevation. Covered patio with extended deck. Close to everything. Great location and a wonderful property.
2961 E Terrace Ave, Gilbert, AZ 85234 is a 3 bedroom, 2 bathroom, 1,454 sqft single-family home in Tone, built in 1998. It last sold for $242,000 on Aug 10, 2017. More recently, it was listed as a rental in December 2014 with an asking price of $1,150 per month. That rental listing was removed on January 4, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $424,600, with a rent estimate of $2,103/month.

Home Details for 2961 E Terrace Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 7Types of Rooms: Breakfast Nook, Family Room, Office
Appliances & Utilities
DishwasherMicrowaveRefrigerator

Exterior Features

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

Property Information

Year Built
Year Built: 1998
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5662 sqft

Price and Tax history

DateEventPrice
Aug 10, 2017
Source: ARMLS #5632592
Sold
$242,000
Jul 13, 2017
Source: Agent Provided
Listed For Sale
$246,000
Jan 4, 2015
Source: N/A
ListingRemoved
$1,150
Dec 29, 2014
Source: N/A
Listed For Rent
$1,150
Dec 31, 2012
Source: N/A
Sold
$145,000

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 2961 E Terrace Ave

  • What is 2961 E Terrace Ave estimated to be worth?
    Trulia's estimated value for 2961 E Terrace Ave in Gilbert, AZ is $424,600.
  • What is the price history for 2961 E Terrace Ave?
    2961 E Terrace Ave in Gilbert, AZ last sold for $242,000 in August 2017.
  • 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.
  • How big is the lot at 2961 E Terrace Ave?
    The lot at 2961 E Terrace Ave in Gilbert, AZ is about 0.13 acres (5,502 sq ft).
  • Does 2961 E Terrace Ave have a garage?
    Yes, 2961 E Terrace Ave in Gilbert, AZ has a garage.

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