$424,600
- 3 Beds
- 2 Baths
- 1,454 sqft
2961 E Terrace Ave, Gilbert, AZ 85234
Est. Refi. Payment $2,394/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 10, 2017 for $242,000
Home Value
Trulia Estimate
$425KSince 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
| Month | Estimated 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
-- mins to
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
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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 |
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Exterior Home Features Roof: Other, TileExterior: WoodPatio |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1998 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 5662 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
May 18, 2011 Source: Agent Provided | ListingRemoved | $1,150 |
Apr 12, 2011 Source: Agent Provided | Listed For Rent | $1,150 |
Jul 21, 2003 Source: ARMLS #1963854 | Sold | $142,600 |
Jul 17, 2002 Source: N/A | Sold | $139,000 |
Sep 29, 1998 Source: N/A | Sold | $115,899 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,364 | $356,000 |
Home facts updated by county records
Market trends in Gilbert
Last updated July 2026
Avg. sale price
$574K
$4.67KMoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0MoM
Available listings
1109
12MoM
Around this home
LGBTQ Local Legal Protections
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.

