502 E Terrace Ave, Gilbert, AZ 85234
OFF MARKET

502 E Terrace Ave
Gilbert, AZ 85234

Circle G Meadows
  • 8 Beds
  • 4 Baths
  • 3,400 sqft (on 0.27 acres)

$829,300

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $4,604/mo*
Refinance Your Home

$829,300

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $4,604/mo*
Refinance Your Home
8 Beds
4 Baths
3,400 sqft
(on 0.27 acres)

Home Value

Trulia Estimate
$829K
Since last month
Increased$6K (+0.7%)
Since last year
$200 (0%)
Since last sale
Increased$39K (+4.9%)
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 +148% in the last 10 years
MonthEstimated value
2026
August 2026$839K
July 2026$833K
June 2026$847K
May 2026$839K
April 2026$834K
March 2026$842K
February 2026$836K
January 2026$817K
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
421 E TERRACE Avenue, Gilbert, AZ
0.11
Single-Family Home
$655,000
09/05/25
4
3
2,759
591 E Houston Avenue, Gilbert, AZ
0.46
Single-Family Home
$805,000
10/17/25
5
3.5
3,145
517 E MERRILL Avenue, Gilbert, AZ
0.33
Single-Family Home
$816,000
08/10/26
4
3
2,599
501 E MELODY Lane, Gilbert, AZ
0.27
Single-Family Home
$720,000
02/03/26
4
2
2,277
408 E MEADOWS Lane, Gilbert, AZ
0.20
Single-Family Home
$545,000
04/28/26
4
2
1,892
502 E MOORE Avenue, Gilbert, AZ
0.12
Single-Family Home
$525,000
05/01/26
3
2
1,879
2428 E JUANITA Avenue, Mesa, AZ
0.27
Single-Family Home
$490,000
04/02/26
4
3
2,296
640 E MELODY Drive, Gilbert, AZ
0.26
Single-Family Home
$1,150,000
05/08/26
4
3
3,122
1866 S 24TH Street, Mesa, AZ
0.25
Single-Family Home
$475,000
01/02/26
4
3
1,658
2415 E JACINTO Avenue, Mesa, AZ
0.19
Single-Family Home
$505,000
12/29/25
4
2
1,767

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
518 E TERRACE Avenue, Gilbert, AZ 85234
0.03
$656,100
3
2
2,120
Off Market
421 E TERRACE Avenue, Gilbert, AZ 85234
0.11
$652,100
4
3
2,759
Off Market
443 E HARWELL Road, Gilbert, AZ 85234
0.12
$538,100
3
3
1,874
Off Market
437 E HARWELL Road #WOW !, Gilbert, AZ 85234
0.12
$553,200
4
2
2,200
Off Market
1432 N Riata Street, Gilbert, AZ 85234
0.10
$1,193,500
5
3
3,588
Off Market
502 E MOORE Avenue, Gilbert, AZ 85234
0.12
$525,000
3
2
1,879
Recently Sold
618 E HARWELL Road, Gilbert, AZ 85234
0.11
$870,000
3
2
2,303
Recently Sold
2454 E JAVELINA Avenue, Mesa, AZ 85204
0.14
$412,000
3
2
1,480
Recently Sold
2415 E JACINTO Avenue, Mesa, AZ 85204
0.19
$505,000
4
2
1,767
Recently Sold
339 E HARWELL Road, Gilbert, AZ 85234
0.20
$448,600
3
2
1,258
Off Market
450 E MEADOWS Lane, Gilbert, AZ 85234
0.19
$584,700
4
2
2,256
Off Market
408 E MEADOWS Lane, Gilbert, AZ 85234
0.20
$545,000
4
2
1,892
Recently Sold

Local Information

  • Map ViewExplore the area around 502 E Terrace Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1987
Lot Size
0.27 acres
Living Area
3,400 sqft
Price/Sqft
$244

About this House

Beautiful 5 bedroom, 2.5 bathroom custom home on over sized lot in prime Gilbert location! Large spacious bedrooms, great floor plan, separate formal living and dining spaces. 3 car garage, extended covered patio in rear and excellent curb appeal. Property is currently set up as a 5 bed care home, could easily be converted into 10 bed. Business is also for sale for additional $20k.
502 E Terrace Ave, Gilbert, AZ 85234 is a 8 bedroom, 5 bathroom, 3,400 sqft single-family home in Circle G Meadows, built in 1987. It last sold for $800,000 on Mar 2, 2021. It is currently off market. The Trulia Estimate is $829,300, with a rent estimate of $3,393/month.

Home Details for 502 E Terrace Ave

Interior Features

Heating & Cooling
Heating: Forced AirCooling System: RefrigeratorHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 9Types of Rooms: Office

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Wood
Pool
Pool
Parking & Garage
Parking Spaces: 3

Community

Units in Building: 1

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Mar 2, 2021
Source: N/A
Sold
$800,000
Jan 31, 2019
Source: N/A
Sold
$385,000
Feb 28, 2014
Source: Agent Provided
ListingRemoved
$324,000
Jul 27, 2013
Source: Agent Provided
Listed For Sale
$324,000
Jun 8, 2004
Source: ARMLS #2134777
Sold
$300,000

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 502 E Terrace Ave

  • What is 502 E Terrace Ave estimated to be worth?
    Trulia's estimated value for 502 E Terrace Ave in Gilbert, AZ is $829,300.
  • What is the price history for 502 E Terrace Ave?
    502 E Terrace Ave in Gilbert, AZ last sold for $800,000 in March 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 502 E Terrace Ave have air conditioning?
    Yes, 502 E Terrace Ave in Gilbert, AZ has air conditioning.
  • Does 502 E Terrace Ave have a pool?
    Yes, 502 E Terrace Ave in Gilbert, AZ has a pool.

Explore by feature - Pet Friendly

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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

204 rentals with an outdoor space in Gilbert, AZ

Apartments for Rent

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Off Market Homes Near 502 E Terrace Ave

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