4523 E Melrose St, Gilbert, AZ 85297
Property image
Property image
OFF MARKET

$489,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,625 sqft

4523 E Melrose St, Gilbert, AZ 85297

Power Ranch
Est. Refi. Payment $2,758/mo*
Refinance Your Home
Currently Off Market - Sold Aug 11, 2022 for $563,000

Home Value

Trulia Estimate
$490K
Since last month
Decreased$3K (-0.6%)
Since last year
Decreased$10K (-2%)
Since last sale
Decreased$76K (-13.4%)
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$488K
July 2026$490K
June 2026$498K
May 2026$496K
April 2026$498K
March 2026$496K
February 2026$494K
January 2026$489K
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
4448 E MELROSE Street, Gilbert, AZ
0.10
Single-Family Home
$420,000
12/01/25
3
2
1,625
4516 E SANTA FE Lane, Gilbert, AZ
0.07
Single-Family Home
$475,000
04/09/26
3
2
1,340
3791 S PABLO PASS Drive, Gilbert, AZ
0.08
Single-Family Home
$539,000
09/23/25
3
2
1,850
4486 E SUNDANCE Court, Gilbert, AZ
0.22
Single-Family Home
$490,000
08/24/26
3
2
1,692
4401 E LOS ALTOS Drive, Gilbert, AZ
0.23
Single-Family Home
$485,000
06/17/26
3
2
1,340
4445 E BLUE SAGE Road, Gilbert, AZ
0.11
Single-Family Home
$519,000
07/02/26
4
2
1,934
4641 E PORTOLA VALLEY Drive, Gilbert, AZ
0.21
Single-Family Home
$585,000
07/01/26
3
2
2,285
4643 E MAPLEWOOD Street, Gilbert, AZ
0.18
Single-Family Home
$457,500
07/20/26
3
2.5
1,705
4646 E MAPLEWOOD Street, Gilbert, AZ
0.19
Single-Family Home
$435,000
09/18/25
3
2.5
1,705
3957 S VINEYARD Court, Gilbert, AZ
0.15
Single-Family Home
$575,000
07/17/26
4
2.5
2,479

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
3849 S VINEYARD Avenue, Gilbert, AZ 85297
0.03
$543,800
4
3
2,474
Off Market
3828 S VINEYARD Avenue, Gilbert, AZ 85297
0.03
$450,000
4
3
1,861
For Sale
3875 S VINEYARD Avenue, Gilbert, AZ 85297
0.05
$571,800
4
3
2,533
Off Market
3820 S VINEYARD Avenue, Gilbert, AZ 85297
0.04
$586,300
4
3
2,387
Off Market
4516 E SANTA FE Lane, Gilbert, AZ 85297
0.07
$475,000
3
2
1,340
Recently Sold
3856 S VERBENA Avenue, Gilbert, AZ 85297
0.09
$464,500
3
3
2,140
Off Market
3832 S VERBENA Avenue, Gilbert, AZ 85297
0.09
$432,500
3
2.5
1,755
Recently Sold
3828 S VERBENA Avenue, Gilbert, AZ 85297
0.09
$430,400
3
3
1,590
Off Market
3791 S PABLO PASS Drive, Gilbert, AZ 85297
0.08
$542,100
3
2
1,850
Off Market
3781 S PABLO PASS Drive, Gilbert, AZ 85297
0.10
$547,400
3
2
1,652
Off Market
3788 S VERBENA Avenue, Gilbert, AZ 85297
0.11
$439,000
2
3
1,578
Recently Sold
4525 E BLUE SAGE Road, Gilbert, AZ 85297
0.11
$580,500
4
2
1,850
Off Market

Local Information

  • Map ViewExplore the area around 4523 E Melrose St.
  • Schools1 Preschool School1 Elementary School3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2007
Living Area
1,625 sqft
Price/Sqft
$301
Parking
Garage

About this House

THIS HOME IS OCCUPIED CURRENTLY- PLEASE DO NOT DISTURB THE TENANT - Thank you. At 1,625 sq ft, this breathtaking 3 bedroom, 2 bathroom house with a den/office in Gilbert's Power Ranch community is a luxurious oasis with upgrades & amenities that will make you feel right at home the second you step inside. The kitchen is an absolute dream with upgraded cabinetry, quartz counters, stainless steel appliances, subway tile back splash and a beautiful matching island. Magnificently updated wood-look tile flooring gives way to carpeted bedrooms. The home features high ceilings, built-in surround sound stereo system, crown molding, custom-grade ceiling fans & window treatments throughout. Each bathroom has been updated with new white vanities, quartz counter tops and tiled showers with glass enclosures. Enjoy the cool desert evenings on the large pergola-style covered back patio that overlooks the meticulously manicured backyard, as well as the private tiled patio off of the master suite. Add this to the 2 car garage & ledge stone front exterior, and this house is an absolute must-see. Lawn service, regular A/C service, washer, dryer & refrigerator are all included as well! AVAILABLE MAY 1st. 12 month lease term available. Rent is $1,700/month. $1,700 security deposit, $150 one-time admin fee. $55 application fee per adult 18 and older. Qualifications: Income must be 3 times the rent, no evictions, good rental history & credit score 600 or higher. Small dog welcome with owner approval & a $350 non-refundable pet deposit.
4523 E Melrose St, Gilbert, AZ 85297 is a 3 bedroom, 2 bathroom, 1,625 sqft single-family home in Power Ranch, built in 2007. It last sold for $563,000 on Aug 11, 2022. More recently, it was listed as a rental in March 2020 with an asking price of $1,700 per month. That rental listing was removed on March 30, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $489,900, with a rent estimate of $2,292/month.

Home Details for 4523 E Melrose St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Types of Rooms: Dining RoomCeiling Fan
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher

Exterior Features

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

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 4948 sqft

Price and Tax history

DateEventPrice
Aug 11, 2022
Source: ARMLS #6417093
Sold
$563,000
Jul 6, 2022
Source: ARMLS #6417093
PriceChange
$575,000
Price decreased by 1%
Jul 1, 2022
Source: ARMLS #6417093
PriceChange
$580,000
Price decreased by 2%
Jun 28, 2022
Source: ARMLS #6417093
PriceChange
$590,000
Price decreased by 1%
Jun 15, 2022
Source: ARMLS #6417093
Listed For Sale
$595,000

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

Power Ranch
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • Emma Adarlo
    "We have Christmas bazaar,during Christmas season, food bags for the less fortunate, food trucks during spring outdoor movies, etc"
    1
    Flag
  • Tm2ndff27t
    "Pool parties, holiday events & participation. Community yard sales, block parties friendly neighbors "
    0
    Flag
  • Beatrembath
    "Nice neighborhood for (growing) families. Lots of families, parks, pools, walking trails, amenities. "
    0
    Flag
  • Trulia User
    "they offer many different events throughout the year, movie night in the park, snow at Christmas, carnival, Bunco, crafts, etc."
    0
    Flag
  • Trulia User
    "Too many rentals with random barking dogs constantly! The community property is not kept up. Yards are very small. "
    0
    Flag
  • Trulia User
    "Lots of parks and nice walking paths. Several families strolling around on a good weather day. Feels like a secluded community but multiple restaurants and bars just a walk or bike ride away!"
    1
    Flag
  • Trulia User
    "Power Ranch is a very family oriented community! Safe and friendly! Schools around Power Ranch are great!"
    0
    Flag
  • Trulia User
    "We moved in March 2021 to Gilbert, AZ and so far we like it. People are nice & friendly. What we don’t like is the crazy driving habits on side streets — like freeway driving — it’s risky and you hear accidents on the news each day!!! "
    2
    Flag
  • Trulia User
    "I moved here six months ago from the Bay Area. I like it that it’s quiet, clean & neighbors care about their front yard. "
    2
    Flag
  • Trulia User
    "Great neighborhood, great amenities , excellent schools, plenty of parks, safe, close to schools. Close to shops, restaurants, hospitals, dentists, and supermarkets. "
    1
    Flag
  • Trulia User
    "We moved here a month ago from San Francisco — so far we like it here. Most people are friendly and the community is very clean & safe. We like the many trails, vegetation, parks, pool, and it’s proximity to restaurants & stores. "
    0
    Flag
  • Erin D.
    "There are multiple fields for recreation use, paths for bikes, schools within the community and lots of activities for the whole family "
    1
    Flag
  • Tanya E.
    "I used to live in the Power Ranch Community for a year. I moved out of it, but was still visiting family who remained there. It has an amazing Clubhouse, The Barn is also great! It’s the neighborhood that I am trying to move back into."
    11
    Flag
  • Lwbaud
    "A mix of various price point homes. Well maintained, family oriented with parks, walking trails, elementary schools. "
    4
    Flag
  • Lwbaud
    "There are so many!!!!! Farmers Market/Good trunk Wednesdays, seasonal outings - like winter wonderland, clubs etc "
    0
    Flag
  • April S.
    "Too far, but self inflicted. We love it in power ranch but I work almost an hour commute away. Great neighborhood "
    0
    Flag
  • Nikki W.
    "Friendly neighbors. Can walk to the elementary school. Farmers markets. Tons of parks. 2 pools. So many events. Extremely safe neighborhood. "
    2
    Flag
  • Adam W.
    "There are a ton of kids in Power Ranch so be aware of the different unique amenities that each sub-neighborhood has so that your children can experience different activities."
    4
    Flag
  • Eric D.
    "going westbound in the morning and eastbound in the evening will have heavy traffic in both 202 and 60. "
    0
    Flag
  • Rudy H.
    "That is the one bad part of being this far out... traffic can be a nightmare but in the end it's well worth it as quality of life in the ranch is amazing."
    1
    Flag
  • Jjhageman
    "Power Ranch is a great neighborhood for families. Good schools and close to restaurants, freeways, and the SanTan Village shopping mall."
    6
    Flag
  • Rudy H.
    "it's the ranch... been here since the beginning and have no intention on ever leaving. very family oriented with well kept area's."
    6
    Flag
  • Katelyn3126
    "How safe and family oriented everything is makes power ranch very good for raising families. It's a little pricey, but it's worth it. There's lots of places around to eat and hang out."
    7
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4523 E Melrose St

  • What is 4523 E Melrose St estimated to be worth?
    Trulia's estimated value for 4523 E Melrose St in Gilbert, AZ is $489,900.
  • What is the price history for 4523 E Melrose St?
    4523 E Melrose St in Gilbert, AZ last sold for $563,000 in August 2022.
  • 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 4523 E Melrose St have air conditioning?
    Yes, 4523 E Melrose St in Gilbert, AZ has air conditioning.
  • Does 4523 E Melrose St have laundry facilities?
    Yes, 4523 E Melrose St in Gilbert, AZ has in-unit laundry.

Explore by feature - Pet Friendly

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430 rentals with a washer/dryer in Gilbert, AZ

Explore by feature - Outdoor Space

208 rentals with an outdoor space in Gilbert, AZ

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