$551,100
- 4 Beds
- 2 Baths
- 1,804 sqft
492 N FALCON Drive, Gilbert, AZ 85234
Est. Refi. Payment $3,208/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 7, 2024 for $550,000
Home Value
Trulia Estimate
$551KSince last month
Decreased$3K (-0.6%)Since last year
Increased$21K (+3.9%)Since last sale
Increased$300 (+0.1%)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 +100% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $550K |
| August 2026 | $553K |
| July 2026 | $553K |
| June 2026 | $557K |
| May 2026 | $547K |
| April 2026 | $536K |
| March 2026 | $531K |
| February 2026 | $534K |
| January 2026 | $534K |
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 |
|---|---|---|---|---|---|---|---|
0.01 | Single-Family Home | $535,000 | 08/07/26 | 4 | 2 | 2,292 | |
0.05 | Single-Family Home | $580,000 | 05/05/26 | 3 | 2 | 1,750 | |
0.12 | Single-Family Home | $530,000 | 04/30/26 | 4 | 2 | 2,939 | |
0.17 | Single-Family Home | $590,000 | 09/30/25 | 3 | 2 | 1,928 | |
0.16 | Single-Family Home | $499,900 | 12/24/25 | 3 | 2 | 1,881 | |
0.22 | Single-Family Home | $500,000 | 01/22/26 | 4 | 3 | 2,195 | |
0.45 | Single-Family Home | $490,000 | 12/03/25 | 3 | 2 | 1,805 | |
0.22 | Single-Family Home | $512,000 | 06/05/26 | 4 | 3 | 2,147 | |
0.41 | Single-Family Home | $518,000 | 06/23/26 | 3 | 2 | 1,564 | |
0.26 | Single-Family Home | $525,000 | 02/10/26 | 4 | 2.5 | 2,195 |
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 |
|---|---|---|---|---|---|---|
0.01 | $535,000 | 4 | 2 | 2,292 | Recently Sold | |
0.05 | $580,000 | 3 | 2 | 1,750 | Recently Sold | |
0.03 | $496,500 | 4 | 2 | 1,804 | Off Market | |
0.04 | $558,300 | 4 | 2 | 1,804 | Off Market | |
0.09 | $670,100 | 5 | 3 | 3,175 | Off Market | |
0.09 | $714,200 | 4 | 2 | 2,470 | Off Market | |
0.13 | $478,300 | 3 | 2 | 1,604 | Off Market | |
0.12 | $530,000 | 4 | 2 | 2,939 | Recently Sold | |
0.16 | $499,900 | 3 | 2 | 1,881 | Recently Sold | |
0.17 | $725,000 | 5 | 3 | 3,745 | For Sale | |
0.17 | $579,700 | 3 | 2 | 1,928 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1999
1,804 sqft
$305/sqft
Garage
HOA $62/mo
About this House
This amazing home is located within the beautiful Highland Ranch community. Inside you'll find vaulted ceilings with modern lighting, gorgeous ceramic flooring, and plenty of natural light. The open kitchen includes plenty of counter space, stainless steel appliances, and a beautiful island. The primary bedroom features vaulted ceilings, bay windows, a walk-in closet, private washroom, dual sinks, and a modern standing shower. A sparkling pool with water feature, covered patio, massive green space, storage shed, and RV gate, offer plenty of room for activities. The home also features a 3-car garage with plenty of built-in storage and dedicated laundry room. Conveniently located a quick walk to Elliot District Park, a short drive to the Superstition Golf Club, shopping, dining, and US-60.
492 N FALCON Drive, Gilbert, AZ 85234 is a 4 bedroom, 2 bathroom, 1,804 sqft single-family home in Highland Ranch, built in 1999. It last sold for the $550,000 asking price on Oct 7, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $551,100, with a rent estimate of $3,070/month.
Last check for updates: about 1 hour ago
Listed by Daniel Brown, (480) 648-9234
My Home Group Real Estate
Bought with: Elicia Rodriguez, (602) 741-0808, Good Company Real Estate
Source: ARMLS, MLS#6737748

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 492 N FALCON Drive
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 1804 Square Feet |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric |
Fireplace & Spa Spa: None |
Windows, Doors, Floors & Walls Flooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Carpet, Tile |
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Exterior Home Features Roof: Tile ConcretePatio / Porch: CoveredFencing: BlockExterior: StorageHas a Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 3No CarportHas a GarageHas Open ParkingParking Spaces: 6Parking: RV Gate,Garage Door Opener,Direct Access,Attch'd Gar Cabinets |
Pool Pool |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 7 |
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Year Built Year Built: 1999 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary |
Building Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property |
Property Information Parcel Number: 30416305 |
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Price List Price: $550,000 |
Status Change & Dates Off Market Date: Wed Aug 07 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: GilbertCommunity: HIGHLAND RANCH PHASE 2 AMD |
School Information Elementary School: Towne Meadows Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Highland Jr High SchoolHigh School: Highland High SchoolHigh School District: Gilbert Unified District |
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Building Details Builder Name: MARACAY HOMES |
Building Area Building Area: 1804 Square Feet |
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Community Features: Playground, Biking/Walking Path |
Other Playground |
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HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: Highland Ranch IIHOA Phone: 480-635-1133Has an HOAHOA Fee: $185/Quarterly |
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Lot Area: 7688 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6737748 |
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PlaygroundBiking/Walking Path |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 7, 2024 Source: ARMLS #6737748 | Sold | $550,000 |
Aug 7, 2024 Source: ARMLS #6737748 | Pending | $550,000 |
Jul 31, 2024 Source: ARMLS #6737748 | Listed For Sale | $550,000 |
Mar 4, 2004 Source: N/A | Sold | $181,000 |
Dec 4, 2000 Source: N/A | Sold | $184,600 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,842 | $430,300 |
Home facts updated by county records
Market trends in Gilbert
Last updated August 2026
Avg. sale price
$575K
$1.5KMoM
Sale-to-List Price
98.8%
0.1%MoM
Price per sq ft
$279
$0MoM
Available listings
1109
4MoM
Around this home
What Locals Say about Highland Ranch
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 492 N FALCON Drive
- What is 492 N FALCON Drive estimated to be worth?Trulia's estimated value for 492 N FALCON Drive in Gilbert, AZ is $551,100.
- What is the price history for 492 N FALCON Drive?492 N FALCON Drive in Gilbert, AZ last sold for $550,000 in October 2024.
- 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 $575K. That is up $1.5K from the prior month.
- Does 492 N FALCON Drive have air conditioning?Yes, 492 N FALCON Drive in Gilbert, AZ has air conditioning.
- Does 492 N FALCON Drive have a pool?Yes, 492 N FALCON Drive in Gilbert, AZ has a pool.

