408 E Melody Ln, Gilbert, AZ 85234
Property image
Property image
OFF MARKET

408 E Melody Ln
Gilbert, AZ 85234

Circle G Meadows
  • 4 Beds
  • 2 Baths
  • 1,685 sqft

$468,700

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $2,635/mo*
Refinance Your Home

$468,700

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $2,635/mo*
Refinance Your Home
4 Beds
2 Baths
1,685 sqft

Home Value

Trulia Estimate
$469K
Since last month
Increased$1K (+0.2%)
Since last year
Increased$3K (+0.5%)
Since last sale
Increased$349K (+290.7%)
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 +94% in the last 10 years
MonthEstimated value
2026
August 2026$469K
July 2026$468K
June 2026$475K
May 2026$473K
April 2026$475K
March 2026$474K
February 2026$473K
January 2026$472K
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
401 E MERRILL Avenue, Gilbert, AZ
0.07
Single-Family Home
$530,000
07/01/26
4
2
1,738
323 E MOORE Avenue, Gilbert, AZ
0.10
Single-Family Home
$340,000
07/17/26
3
2
1,296
317 E Desert Ln, Gilbert, AZ
0.17
Single-Family Home
$490,000
08/22/25
4
2
1,918
443 E MERRILL Avenue, Gilbert, AZ
0.12
Single-Family Home
$490,000
07/14/26
3
2
1,543
408 E MEADOWS Lane, Gilbert, AZ
0.06
Single-Family Home
$545,000
04/28/26
4
2
1,892
461 E MERRILL Avenue, Gilbert, AZ
0.16
Single-Family Home
$552,000
03/26/26
3
2
1,561
301 E DESERT Lane, Gilbert, AZ
0.19
Single-Family Home
$425,000
04/28/26
3
2
1,443
339 E HARWELL Road, Gilbert, AZ
0.13
Single-Family Home
$450,000
09/26/25
3
2
1,258
301 E MERRILL Avenue, Gilbert, AZ
0.16
Single-Family Home
$450,000
11/21/25
3
2
1,282
1425 N IRONWOOD Street, Gilbert, AZ
0.08
Single-Family Home
$410,000
01/06/26
2
2
1,280

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
341 E MELODY Drive, Gilbert, AZ 85234
0.05
$454,600
3
2
1,316
Off Market
401 E MERRILL Avenue, Gilbert, AZ 85234
0.07
$530,000
4
2
1,738
Recently Sold
431 E MELODY Lane, Gilbert, AZ 85234
0.06
$479,800
3
2
1,645
Off Market
408 E MEADOWS Lane, Gilbert, AZ 85234
0.06
$545,000
4
2
1,892
Recently Sold
426 E MERRILL Avenue, Gilbert, AZ 85234
0.08
$598,000
4
2
1,892
Off Market
1425 N IRONWOOD Street, Gilbert, AZ 85234
0.08
$410,000
2
2
1,280
Recently Sold
321 E MELODY Drive, Gilbert, AZ 85234
0.10
$459,300
3
2
1,440
Off Market
323 E MOORE Avenue, Gilbert, AZ 85234
0.10
$340,000
3
2
1,296
Recently Sold
450 E MEADOWS Lane, Gilbert, AZ 85234
0.10
$581,900
4
2
2,256
Off Market
321 E MERRILL Avenue, Gilbert, AZ 85234
0.13
$521,400
3
3
2,036
Off Market
443 E MERRILL Avenue, Gilbert, AZ 85234
0.12
$490,000
3
2
1,543
Recently Sold
308 E MELODY Drive, Gilbert, AZ 85234
0.13
$429,400
3
2
1,387
Off Market

Local Information

  • Map ViewExplore the area around 408 E Melody Ln.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1990
Living Area
1,685 sqft
Price/Sqft
$278
Parking
Garage

About this House

Light and bright! 4 bedroom, 2 bath home has FRESH paint and newer carpet throughout. Kitchen has breakfast bar and eat-in nook, as well as a brand new stainless steel fridge and stove. Master suite has walk-in closet and brand new shower and tub. Brand new AC unit and roof. Close to shopping, the US 60 and no HOA! **Sorry, no pets please**One Time Admin Fee: $200, Pet Deposit: $300/pet (if applicable), Municipal Tax & Service Fee Total 3.5%. Accidental Damage Coverage $19/month (waived w/ proof of adequate Renter's Insurance). Helping Heroes Discount Available!

Dryer
Garage
408 E Melody Ln, Gilbert, AZ 85234 is a 4 bedroom, 2 bathroom, 1,685 sqft single-family home in Circle G Meadows, built in 1990. It last sold for $120,000 on Sep 2, 1997. More recently, it was listed as a rental in May 2020 with an asking price of $1,600 per month. That rental listing was removed on May 30, 2020. It is currently off market. The Trulia Estimate is $468,700, with a rent estimate of $2,440/month.

Home Details for 408 E Melody Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Appliances & Utilities
MicrowaveRefrigerator
Heating & Cooling
Air Conditioning

Exterior Features

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

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7292 sqft

Price and Tax history

DateEventPrice
May 30, 2020
Source: Agent Provided
ListingRemoved
$1,600
May 21, 2020
Source: Agent Provided
Listed For Rent
$1,600
Sep 2, 1997
Source: N/A
Sold
$120,000

Market trends in Gilbert

Last updated July 2026
Buyer'sMarketSeller'sMarket
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

Neighborhood Overview

Circle G Meadows
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Circle G Meadows

At least 3 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 86 % Say it's walkable to grocery stores

  • 83 % Say car is needed

  • 80 % Say parking is easy

  • 80 % Say kids play outside

  • 80 % Say people would walk alone at night

  • 75 % Say yards are well-kept

  • 75 % Say it's quiet

  • 67 % Say there are sidewalks

  • 67 % Say there's holiday spirit

  • 57 % Say it's walkable to restaurants

  • 50 % Say neighbors are friendly

  • 50 % Say there are community events

  • 40 % Say they plan to stay for at least 5 years

  • 33 % Say there's wildlife

  • 17 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • novus11
    "This is a beautiful, safe, tree lined, family neighborhood with top rated schools within walking distance, and upscale shopping within a couple of miles. Easy access to highway and all nearby towns, close to airport, Tempe, Chandler, Scottsdale. Close to all major shopping malls. Best of all, this custom homes neighborhood has NO active HOA, so, no monthly fees (a huge savings) and no annoying HOA notes intruding into your daily living habits. This is very hard to find as all newer developments are regulated by very active HOAs."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 408 E Melody Ln

  • What is 408 E Melody Ln estimated to be worth?
    Trulia's estimated value for 408 E Melody Ln in Gilbert, AZ is $468,700.
  • What is the price history for 408 E Melody Ln?
    408 E Melody Ln in Gilbert, AZ last sold for $120,000 in September 1997.
  • 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 408 E Melody Ln?
    The lot at 408 E Melody Ln in Gilbert, AZ is about 0.17 acres (7,292 sq ft).
  • Does 408 E Melody Ln have a garage?
    Yes, 408 E Melody Ln in Gilbert, AZ has a garage.

Explore by feature - Pet Friendly

299 pet-friendly rentals in Gilbert, AZ

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

219 rentals with an outdoor space in Gilbert, AZ

Apartments for Rent

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