4475 E Melrose St
Gilbert, AZ 85297
Power Ranch- 4 Beds
- 3 Baths
- 2,137 sqft
4 Beds
3 Baths
2,137 sqft
Home Value
Trulia Estimate
$494KSince last month
$200 (0%)Since last year
Decreased$12K (-2.4%)Since last sale
Increased$74K (+17.6%)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 +87% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $494K |
| July 2026 | $494K |
| June 2026 | $503K |
| May 2026 | $500K |
| April 2026 | $501K |
| March 2026 | $503K |
| February 2026 | $497K |
| January 2026 | $492K |
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 |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $595,000 | 05/29/26 | 4 | 2.5 | 2,251 | |
0.24 | Single-Family Home | $485,000 | 09/17/25 | 4 | 3 | 2,120 | |
0.08 | Single-Family Home | $580,000 | 05/28/26 | 4 | 3 | 1,861 | |
0.16 | Single-Family Home | $575,000 | 07/17/26 | 4 | 2.5 | 2,479 | |
0.05 | Single-Family Home | $420,000 | 12/01/25 | 3 | 2 | 1,625 | |
0.07 | Single-Family Home | $519,000 | 07/02/26 | 4 | 2 | 1,934 | |
0.10 | Single-Family Home | $655,000 | 06/18/26 | 4 | 3 | 2,613 | |
0.09 | Single-Family Home | $475,000 | 04/09/26 | 3 | 2 | 1,340 | |
0.30 | Single-Family Home | $457,500 | 06/24/26 | 4 | 2.5 | 2,120 | |
0.23 | Single-Family Home | $435,000 | 09/18/25 | 3 | 2.5 | 1,705 |
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 | $420,000 | 3 | 2 | 1,625 | Recently Sold | |
0.07 | $450,000 | 4 | 3 | 1,861 | For Sale | |
0.07 | $586,300 | 4 | 3 | 2,387 | Off Market | |
0.07 | $548,200 | 4 | 2 | 1,934 | Off Market | |
0.07 | $519,000 | 4 | 2 | 1,934 | Recently Sold | |
0.09 | $475,000 | 3 | 2 | 1,340 | Recently Sold | |
0.07 | $595,000 | 4 | 2.5 | 2,251 | Recently Sold | |
0.09 | $543,800 | 4 | 3 | 2,474 | Off Market | |
0.09 | $571,800 | 4 | 3 | 2,533 | Off Market | |
0.08 | $537,900 | 3 | 2 | 1,850 | Off Market | |
0.08 | $580,000 | 4 | 3 | 1,861 | Recently Sold | |
0.09 | $468,100 | 3 | 2 | 1,340 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2007
Living Area
2,137 sqft
Price/Sqft
$231
Parking
Garage
About this House
This gorgeous property in multi-award-winning lake community of Power Ranch is a wonderful place to call home! The open concept first floor features separate family and living rooms with wood plank tile, upgraded kitchen with granite countertops, pantry and island with a breakfast bar. All four bedrooms and the laundry room are conveniently located upstairs. Spacious master suite has large walk-in closet, double vanities and a window nook. This immaculate house has a beautiful yard with covered patio, lots of storage space, and is spotless clean.
- Highly rated schools
- 2 car garage with built-in cabinets for plenty of storage
- Brand new washer and dryer in laundry room
- Water softener system and energy efficient windows
- Large green grassy backyard to enjoy landlord is responsible for lawn care
- Steps away from small community playground under trees
- Power Ranch is an amazing feel-like home community that offers lakes, swimming pools, children's playgrounds, walking trails, tennis, basketball and volleyball courts, picnic areas, barbecues, two clubhouses, an event pavilion and much more.
- Dogs are welcome for extra pet rent and pet deposit; sorry - no cats.
Good credit score only, no bankruptcies.
Appliances: Refrigerator, range/oven, dishwasher, microwave, washer, dryer.
Smoking: NO
Applications fee: $29 (it allows prospective renters to apply to an unlimited number of participating rentals on Zillow for 30 days)
Rent: $2,195/month with a minimum of 1 year lease; security deposit $2,195. First month rent and deposit are due upon approval.
Utilities: Landlord is responsible for lawn care. Tenants are responsible for all other utilities.
- Highly rated schools
- 2 car garage with built-in cabinets for plenty of storage
- Brand new washer and dryer in laundry room
- Water softener system and energy efficient windows
- Large green grassy backyard to enjoy landlord is responsible for lawn care
- Steps away from small community playground under trees
- Power Ranch is an amazing feel-like home community that offers lakes, swimming pools, children's playgrounds, walking trails, tennis, basketball and volleyball courts, picnic areas, barbecues, two clubhouses, an event pavilion and much more.
- Dogs are welcome for extra pet rent and pet deposit; sorry - no cats.
Good credit score only, no bankruptcies.
Appliances: Refrigerator, range/oven, dishwasher, microwave, washer, dryer.
Smoking: NO
Applications fee: $29 (it allows prospective renters to apply to an unlimited number of participating rentals on Zillow for 30 days)
Rent: $2,195/month with a minimum of 1 year lease; security deposit $2,195. First month rent and deposit are due upon approval.
Utilities: Landlord is responsible for lawn care. Tenants are responsible for all other utilities.
4475 E Melrose St, Gilbert, AZ 85297 is a 4 bedroom, 3 bathroom, 2,137 sqft single-family home in Power Ranch, built in 2007. It last sold for $420,000 on Jan 28, 2021. More recently, it was listed as a rental in February 2021 with an asking price of $2,195 per month. That rental listing was removed on February 10, 2021. It is currently off market. The Trulia Estimate is $494,400, with a rent estimate of $2,936/month.
Home Details for 4475 E Melrose St
|
|---|
Heating & Cooling Heating: Forced Air, ElectricAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet |
Appliances & Utilities DryerWasher |
|
|---|
Exterior Home Features Roof: TileExterior: WoodPatio |
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Year Built Year Built: 2007 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Lot Area: 5401 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 10, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Feb 3, 2021 Source: Zillow Rental Manager | Listed For Rent | $2,195 |
Jan 28, 2021 Source: ARMLS #6175751 | Sold | $420,000 |
Dec 31, 2020 Source: Agent Provided | Listed For Sale | $399,900 |
May 22, 2007 Source: N/A | Sold | $277,710 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,982 | $422,300 |
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
What Locals Say about Power Ranch
At least 107 Trulia users voted on each feature.
99 % Say there are sidewalks
93 % Say it's dog friendly
93 % Say car is needed
90 % Say kids play outside
90 % Say there's holiday spirit
86 % Say people would walk alone at night
85 % Say streets are well-lit
82 % Say parking is easy
79 % Say yards are well-kept
77 % Say it's quiet
68 % Say they plan to stay for at least 5 years
62 % Say neighbors are friendly
52 % Say there's wildlife
52 % Say there are community events
44 % Say it's walkable to grocery stores
35 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 4475 E Melrose St
- What is 4475 E Melrose St estimated to be worth?Trulia's estimated value for 4475 E Melrose St in Gilbert, AZ is $494,400.
- What is the price history for 4475 E Melrose St?4475 E Melrose St in Gilbert, AZ last sold for $420,000 in January 2021.
- 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 4475 E Melrose St have laundry facilities?Yes, 4475 E Melrose St in Gilbert, AZ has in-unit laundry.
- How big is the lot at 4475 E Melrose St?The lot at 4475 E Melrose St in Gilbert, AZ is about 0.12 acres (5,401 sq ft).

