40 E  Palo Verde St, Gilbert, AZ 85296
Property image
Property image
OFF MARKET

$516,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,448 sqft (on 0.30 acres)

40 E Palo Verde St, Gilbert, AZ 85296

Colonia Granada
Est. Refi. Payment $2,890/mo*
Refinance Your Home
Currently Off Market - Sold Jul 9, 2018 for $297,000

Home Value

Trulia Estimate
$517K
Since last month
Decreased$2K (-0.3%)
Since last year
Increased$4K (+0.7%)
Since last sale
Increased$220K (+74%)
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 +122% in the last 10 years
MonthEstimated value
2026
August 2026$517K
July 2026$519K
June 2026$522K
May 2026$524K
April 2026$533K
March 2026$535K
February 2026$531K
January 2026$516K
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
0.18
Single-Family Home
$540,000
11/18/25
3
2
1,258
0.16
Single-Family Home
$650,000
05/01/26
3
2
1,576
0.18
Single-Family Home
$557,809
02/03/26
3
2
1,283
0.19
Single-Family Home
$585,000
11/04/25
3
2
1,638
0.39
Single-Family Home
$365,000
05/27/26
3
2
1,260
0.21
Single-Family Home
$440,000
08/24/26
5
2
1,618
0.18
Single-Family Home
$590,000
06/30/26
3
2
2,432
0.31
Single-Family Home
$510,000
08/29/25
3
2
1,576
0.19
Single-Family Home
$641,000
07/30/26
3
2
1,956
0.43
Single-Family Home
$450,000
07/23/26
3
2
1,340

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
0.05
$615,000
5
3
2,904
Recently Sold
0.10
$938,300
5
4
3,907
Off Market
0.09
$314,300
2
2
1,190
Off Market
0.10
-
2
2
1,028
Off Market
0.10
-
2
2
1,028
Off Market
0.13
-
4
2
1,868
Off Market
0.16
$650,000
3
2
1,576
Recently Sold
0.13
$735,000
5
3
2,773
Recently Sold
0.16
$609,700
4
1
1,800
Off Market
0.14
$682,000
3
2
2,189
Off Market
0.16
$579,900
4
2
1,901
Off Market
0.18
$551,900
3
2
1,576
Off Market

Local Information

  • Map ViewExplore the area around 40 E Palo Verde St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1981
Lot Size
0.3 acres
Living Area
1,448 sqft
Price/Sqft
$357
Parking
Garage

About this House

Nestled quietly on a beautiful lot, this rustic farm-charm home is the perfect escape for someone looking to buy a location experience, as much as they are looking to buy their new home sweet home. With a backyard view of lush grass, mature trees & fire-pit area makes perfect gatherings. This 3 bedroom 2 bathroom home brings the perfect living space for those who have an adoration for downtown Gilbert living. This characteristic property boasts of 1,448 sqft.of spacious living. You'll experience walking into a vibrant setting with high ceiling and wood beams, a warm fireplace, cozy kitchen with subway tile backsplash, French doors in the living area open up for the perfect breeze during fall season. The home has been refreshed with grey tones & new flooring. You will not be disappointed!
40 E Palo Verde St, Gilbert, AZ 85296 is a 3 bedroom, 2 bathroom, 1,448 sqft single-family home in Colonia Granada, built in 1981. It last sold for $297,000 on Jul 9, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $516,900, with a rent estimate of $2,308/month.

Home Details for 40 E Palo Verde St

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: RefrigeratorHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Laminate
Interior Details
Number of Rooms: 5Types of Rooms: Dining Room, Family Room
Appliances & Utilities
DishwasherRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Cement ConcretePatio
Parking & Garage
GarageParking Spaces: 4Parking: Garage Attached

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 0.30 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Jul 9, 2018
Source: ARMLS #5775173
Sold
$297,000
Jun 3, 2018
Source: Agent Provided
Listed For Sale
$294,500
Aug 5, 2014
Source: ARMLS #5138470
Sold
$202,000
Jul 2, 2014
Source: Agent Provided
Listed For Sale
$205,000
Feb 10, 2012
Source: N/A
Sold
$115,500

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 40 E Palo Verde St

  • What is 40 E Palo Verde St estimated to be worth?
    Trulia's estimated value for 40 E Palo Verde St in Gilbert, AZ is $516,900.
  • What is the price history for 40 E Palo Verde St?
    40 E Palo Verde St in Gilbert, AZ last sold for $297,000 in July 2018.
  • 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 40 E Palo Verde St have air conditioning?
    Yes, 40 E Palo Verde St in Gilbert, AZ has air conditioning.
  • How big is the lot at 40 E Palo Verde St?
    The lot at 40 E Palo Verde St in Gilbert, AZ is about 0.30 acres (13,024 sq ft).

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