481 W  Merrill Ave, Gilbert, AZ 85233
Property image
Property image
OFF MARKET

$633,400

Trulia Estimate
  • 5 Beds
  • 2.5 Baths
  • 2,647 sqft

481 W Merrill Ave, Gilbert, AZ 85233

Arrowpoint
Est. Refi. Payment $3,581/mo*
Refinance Your Home
Currently Off Market - Sold May 31, 2017 for $379,000

Home Value

Trulia Estimate
$633K
Since last month
$300 (0%)
Since last year
$200 (0%)
Since last sale
Increased$255K (+67.4%)
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 +92% in the last 10 years
MonthEstimated value
2026
August 2026$634K
August 2026$634K
July 2026$635K
June 2026$643K
May 2026$645K
April 2026$648K
March 2026$645K
February 2026$644K
January 2026$637K
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
0.12
Single-Family Home
$290,000
07/13/26
5
3
3,058
0.10
Single-Family Home
$560,000
04/30/26
5
2.5
2,650
0.07
Single-Family Home
$710,000
04/17/26
5
3
2,951
0.23
Single-Family Home
$685,000
10/21/25
5
3
2,690
0.16
Single-Family Home
$727,500
05/26/26
4
2
2,443
0.18
Single-Family Home
$705,000
10/31/25
5
3.5
3,434
0.42
Single-Family Home
$599,900
03/12/26
5
2.5
2,690
0.34
Single-Family Home
$660,000
12/12/25
5
2
2,296
0.29
Single-Family Home
$725,000
02/09/26
4
2.5
3,195
0.30
Single-Family Home
$365,000
04/01/26
3
2
1,289

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
0.04
$657,300
4
3
2,647
Off Market
0.08
$617,500
4
2
2,107
Off Market
0.08
$497,200
4
2
2,107
Off Market
0.10
$560,000
5
2.5
2,650
Recently Sold
0.08
$564,800
3
2
1,674
Off Market
0.07
$710,000
5
3
2,951
Recently Sold
0.12
$691,300
5
3
3,343
Off Market
0.12
$618,100
5
3
2,700
Off Market
0.11
$499,000
3
2
1,674
For Sale
0.12
$600,200
5
3
2,237
Off Market
0.10
$679,000
4
3
2,661
For Sale
0.12
$652,900
4
3
2,921
Off Market

Local Information

  • Map ViewExplore the area around 481 W Merrill Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1996
2,647 sqft
$239/sqft
Garage

About this House

This single-family home is located at 481 W Merrill Ave, Gilbert, AZ. 481 W Merrill Ave is in the Arrowpoint neighborhood in Gilbert, AZ and in ZIP code 85233. This property has 5 bedrooms, 3 bathrooms and approximately 2,647 sqft of floor space. This property has a lot size of 7161 sqft and was built in 1996.
481 W Merrill Ave, Gilbert, AZ 85233 is a 5 bedroom, 3 bathroom, 2,647 sqft single-family home in Arrowpoint, built in 1996. It last sold for $379,000 on May 31, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $633,400, with a rent estimate of $3,684/month.

Home Details for 481 W Merrill Ave

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet
Interior Details
Number of Rooms: 9Types of Rooms: Dining RoomCeiling Fan
Appliances & Utilities
DishwasherRefrigerator
Fireplace & Spa
Hot Tub or Spa
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: Other, TileDeckExterior: Stucco, WoodLawnPatioSprinkler System
Pool
Pool
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7161 sqft

Price and Tax history

DateEventPrice
May 31, 2017
Source: ARMLS #5593076
Sold
$379,000
Apr 20, 2017
Source: Agent Provided
Listed For Sale
$379,900
Apr 7, 2005
Source: ARMLS #2274669
Sold
$345,000
Apr 11, 2002
Source: N/A
Sold
$207,000
Dec 27, 1996
Source: N/A
Sold
$159,479

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Arrowpoint

  • Scottyshyguy1
    "Easy access to major freeway and roads. Nearby shopping, grocery store, and restaurants in and around downtown Gilbert make eating easy."
  • Tiffany S.
    "Quiet place, people usually keep to themselves. Lived here three years, no drama or issues or crime I know of (knock on wood). Nice to be by the farm too."
  • Arizonasummer
    "Very close to expressway and shopping. Everything you need is within a 5 min drive. Walking distance to schools. "
  • Starlettad
    "Beautiful area, great shopping."

LGBTQ Local Legal Protections

Frequently asked questions about 481 W Merrill Ave

  • What is 481 W Merrill Ave estimated to be worth?
    Trulia's estimated value for 481 W Merrill Ave in Gilbert, AZ is $633,400.
  • What is the price history for 481 W Merrill Ave?
    481 W Merrill Ave in Gilbert, AZ last sold for $379,000 in May 2017.
  • 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 481 W Merrill Ave have air conditioning?
    Yes, 481 W Merrill Ave in Gilbert, AZ has air conditioning.
  • Does 481 W Merrill Ave have a pool?
    Yes, 481 W Merrill Ave in Gilbert, AZ has a pool.

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