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)

$836,900

Trulia Estimate
as of May 24, 2026
Est. Refi. Payment $4,531/mo*
Refinance Your Home

$836,900

Trulia Estimate
as of May 24, 2026
Est. Refi. Payment $4,531/mo*
Refinance Your Home
8 Beds
4 Baths
3,400 sqft
(on 0.27 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

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 History for 502 E Terrace Ave

DatePriceEventSource
03/02/2021$800,000Sold
N/A
01/31/2019$385,000Sold
N/A
02/28/2014$324,000ListingRemovedAgent Provided
07/27/2013$324,000Listed For SaleAgent Provided
06/08/2004$300,000Sold
ARMLS #2134777
10/16/1998$193,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$2,822
Assessment$589,000
Home facts updated by county records

Comparable Sales for 502 E Terrace Ave

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
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
2619 E JEROME Avenue, Mesa, AZ
0.33
Single-Family Home
$579,999
07/16/25
4
2
1,893
2415 E JACINTO Avenue, Mesa, AZ
0.19
Single-Family Home
$505,000
12/29/25
4
2
1,767

Nearby homes

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Assigned Schools

These are the assigned schools for 502 E Terrace Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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."
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Homes for sale near 502 E Terrace Ave

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Off Market Homes Near 502 E Terrace Ave

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Homes for rent near 502 E Terrace Ave

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502 E Terrace Ave, Gilbert, AZ 85234 is a 8 bedroom, 5 bathroom, 3,400 sqft single-family home built in 1987. 502 E Terrace Ave is located in Circle G Meadows, Gilbert. This property is not currently available for sale. 502 E Terrace Ave was last sold on Mar 2, 2021 for $800,000. The current Trulia Estimate for 502 E Terrace Ave is $836,900.