331 E PHELPS Street
Gilbert, AZ 85295
Allen Ranch- 5 Beds
- 3 Baths
- 3,479 sqft (on 0.25 acres)
$808,000
Last Sold: Jan 16, 2026
3% below list $835K
$232/sqft
Est. Refi. Payment $4,496/mo*
$808,000
Last Sold: Jan 16, 2026
3% below list $835K
$232/sqft
Est. Refi. Payment $4,496/mo*
5 Beds
3 Baths
3,479 sqft
(on 0.25 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2001
Lot Size
0.25 acres
Living Area
3,479 sqft
Price/Sqft
$232/sqft
Parking
Garage
HOA
$117/Monthly
About this House
Prime Gilbert location in the highly desirable Allen Ranch community, situated on an oversized 11,000 sq ft lot with exceptional curb appeal. This beautifully maintained home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, along with a sparkling private pool—perfect for Arizona living. The backyard is an entertainer's dream, featuring a full-length covered patio, outdoor fireplace, and built-in BBQ, ideal for gatherings year-round. North-south exposure and low-maintenance landscaping with artificial turf in both the front and backyard make this property practical and inviting. Inside, the home boasts a thoughtful and versatile layout with both formal living and family rooms, 9-foot ceilings, and a formal dining area that can easily function as a home office. The kitchen showcases upgraded white shaker cabinetry, granite countertops, stainless steel appliances (including refrigerator), and opens seamlessly to the family room with a cozy gas fireplace. A downstairs bedroom with a full bath provides the perfect setup for guests or multigenerational living. Upstairs, you'll find a spacious loft, three additional guest bedrooms, and a stunning primary suite featuring a large bedroom, dual vanities, upgraded tile flooring, a self-trimming soaking tub with floor-mounted tub filler, and a large tiled walk-in shower. Fantastic location near top-rated schools, parks, dining, and shoppingthis is Gilbert living at its best.
331 E PHELPS Street, Gilbert, AZ 85295 is a 5 bedroom, 3 bathroom, 3,479 sqft single-family home in Allen Ranch, built in 2001. It last sold for $808,000 on Jan 16, 2026 (3% below the $835,000 asking price). It is currently off market. The Trulia Estimate is $809,600, with a rent estimate of $4,524/month.
Home Details for 331 E PHELPS Street
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 3479 Square Feet |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Fireplace: See Remarks, Exterior Fireplace, Family Room, GasSpa: NoneHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Carpet, Tile |
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Exterior Home Features Roof: TilePatio / Porch: CoveredFencing: BlockExterior: Built-in BarbecueHas a Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Carport Spaces: 5Number of Covered Spaces: 8Open Parking Spaces: 5Has a CarportHas a GarageHas Open ParkingParking Spaces: 13Parking: Garage Door Opener |
Pool Pool: Play PoolPool |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 40 |
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Year Built Year Built: 2001 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Stucco, Wood Frame, StoneNot Attached Property |
Property Information Parcel Number: 30444412 |
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Price List Price: $835,000Price Per Sqft: $232/sqft |
Status Change & Dates Off Market Date: Thu Jan 22 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: GilbertCommunity: ALLEN RANCH PARCELS 1 2 3 4 |
School Information Elementary School: Quartz Hill ElementaryElementary School District: Gilbert Unified DistrictJr High / Middle School: South Valley Jr. HighHigh School: Campo Verde High SchoolHigh School District: Gilbert Unified District |
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Building Details Builder Name: Richmond American |
Building Area Building Area: 3479 Square Feet |
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HOA Fee Includes: Maintenance GroundsHOA Name: Allen Ranch HOAHOA Phone: 480-339-8820Has an HOAHOA Fee: $117/Monthly |
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Lot Area: 0.25 acres |
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Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6957639 |
Last check for updates: about 3 hours ago
Listed by Russell Mills, (480) 205-9855
Close Pros
Bought with: Kevin T Langan, (480) 327-8092, eXp Realty
Source: ARMLS, MLS#6957639

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 331 E PHELPS Street
| Date | Price | Event | Source |
|---|---|---|---|
| 01/16/2026 | $808,000 | Sold | ARMLS #6957639 |
| 12/13/2025 | $835,000 | Listed For Sale | ARMLS #6957639 |
| 09/10/2018 | $485,000 | Sold | ARMLS #5799564 |
| 07/28/2018 | $489,900 | Listed For Sale | Agent Provided |
| 09/06/2012 | $416,000 | Sold | N/A |
| 08/04/2012 | $419,900 | Listed For Sale | Agent Provided |
| 09/02/2011 | $282,450 | ListingRemoved | Agent Provided |
| 07/29/2011 | $282,450 | Listed For Sale | Agent Provided |
| 12/27/2001 | $270,393 | Sold | N/A |
Market trends in Gilbert
Last updated June 2026
Avg. sale price
$569K
$3.33KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$279
$1MoM
Available listings
1121
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,479 |
| Assessment | $641,500 |
Home facts updated by county records
Comparable Sales for 331 E PHELPS Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $855,000 | 02/10/26 | 4 | 3 | 3,479 | |
0.11 | Single-Family Home | $840,000 | 11/04/25 | 5 | 4 | 3,335 | |
0.08 | Single-Family Home | $915,000 | 03/19/26 | 5 | 3.5 | 4,093 | |
0.22 | Single-Family Home | $930,000 | 12/04/25 | 5 | 3 | 4,119 | |
0.26 | Single-Family Home | $840,000 | 06/25/26 | 5 | 3 | 3,152 | |
0.13 | Single-Family Home | $750,000 | 04/24/26 | 4 | 3 | 2,577 | |
0.23 | Single-Family Home | $870,000 | 03/27/26 | 4 | 3 | 3,040 | |
0.31 | Single-Family Home | $880,000 | 06/11/26 | 5 | 3 | 3,398 | |
0.23 | Single-Family Home | $825,000 | 02/19/26 | 5 | 3.5 | 4,093 |
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