506 E BALAO Drive, Phoenix, AZ 85085
OFF MARKET

$652,400

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,621 sqft

506 E BALAO Drive, Phoenix, AZ 85085

Desert View
Est. Refi. Payment $3,767/mo*
Refinance Your Home
Currently Off Market - Sold Aug 27, 2025 for $650,000

Home Value

Trulia Estimate
$652K
Since last month
Increased$5K (+0.8%)
Since last year
Increased$3K (+0.4%)
Since last sale
Increased$3K (+0.4%)
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 +19% in the last 10 years
MonthEstimated value
2026
September 2026$653K
August 2026$653K
July 2026$648K
June 2026$645K
May 2026$644K
April 2026$639K
March 2026$642K
February 2026$648K
January 2026$648K
2025
2024
2023
2022
2021

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
511 E PASARO Drive, Phoenix, AZ
0.02
Single-Family Home
$594,500
06/10/26
3
2
1,758
537 E BALAO Drive, Phoenix, AZ
0.08
Single-Family Home
$750,000
09/25/25
3
2
1,773
614 E BRISA Drive, Phoenix, AZ
0.17
Single-Family Home
$590,210
03/24/26
3
2
1,758
549 E BALAO Drive, Phoenix, AZ
0.10
Single-Family Home
$735,000
06/05/26
3
2
2,014
31219 N 6TH Place, Phoenix, AZ
0.19
Single-Family Home
$615,000
12/24/25
3
2
1,758
608 E PASARO Drive, Phoenix, AZ
0.11
Single-Family Home
$620,000
12/01/25
4
2.5
2,430
31020 N 5TH Street, Phoenix, AZ
0.04
Single-Family Home
$765,000
02/18/26
4
2.5
3,028
31017 N 1ST Place, Phoenix, AZ
0.23
Single-Family Home
$790,000
12/04/25
3
2.5
2,329
114 E PASARO Drive, Phoenix, AZ
0.24
Single-Family Home
$703,000
08/21/26
4
3.5
3,321
31314 N 1ST Place, Phoenix, AZ
0.30
Single-Family Home
$740,000
10/30/25
4
3.5
3,321

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
31020 N 5TH Street, Phoenix, AZ 85085
0.04
$765,000
4
2.5
3,028
Recently Sold
518 E BALAO Drive, Phoenix, AZ 85085
0.03
$801,900
4
2.5
3,029
Off Market
511 E PASARO Drive, Phoenix, AZ 85085
0.02
$594,500
3
2
1,758
Recently Sold
31008 N 5TH Street, Phoenix, AZ 85085
0.07
$900,200
4
2.5
3,028
Off Market
31015 N 4TH Street, Phoenix, AZ 85085
0.07
$1,178,100
5
4.5
3,686
Off Market
537 E BALAO Drive, Phoenix, AZ 85085
0.08
$754,100
3
2
1,773
Off Market
315 E BALAO Drive, Phoenix, AZ 85085
0.10
$798,200
3
3
2,375
Off Market
538 E PASARO Drive, Phoenix, AZ 85085
0.09
$695,200
3
2
1,758
Off Market
549 E BALAO Drive, Phoenix, AZ 85085
0.10
$735,000
3
2
2,014
Recently Sold
229 E BALAO Drive, Phoenix, AZ 85085
0.13
$926,600
4
2.5
2,519
Off Market
609 E PASARO Drive, Phoenix, AZ 85085
0.10
$737,300
3
2
2,014
Off Market

Local Information

  • Map ViewExplore the area around 506 E BALAO Drive.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2020
1,621 sqft
$402/sqft
Garage
HOA $139/mo

About this House

Welcome to your dream home! Built in 2020 and packed with upgrades, this 3-bedroom, 2-bath beauty features soaring vaulted ceilings, a chef's kitchen with quartz countertops, stainless steel appliances, white shaker cabinetry, a wall oven, and a 5-burner gas cooktop. Modern touches include on-trend lighting, square corners, tile flooring in all the right places, and plush Berber carpet in the bedrooms. Enjoy the oversized garage with epoxy floors, ceiling storage racks, and space for a boat or trailer. The backyard is an entertainer's paradise with a large pool and expansive travertine decking. Additional highlights include an iron front door, soft water system, and a freshly repainted exterior (2023). Located in a gated community with a splash pad!
506 E BALAO Drive, Phoenix, AZ 85085 is a 3 bedroom, 2 bathroom, 1,621 sqft single-family home in Desert View, built in 2020. It last sold for $650,000 on Aug 27, 2025 (1% below the $659,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $652,400, with a rent estimate of $2,976/month.
Last check for updates: about 1 hour ago
Listed by Bryan Mortensen, (602) 621-3770
LRA Real Estate Group, LLC
Bought with: Lauren Vargas, (650) 222-0650, Charles Edward Realty
Co-Buyer's Agent: Elijah Vargas, (602) 327-1442, Charles Edward Realty
Source: ARMLS, MLS#6857536
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 506 E BALAO Drive

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1621 Square Feet
Appliances & Utilities
Appliances: Gas Cooktop
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Spa: None
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1

Exterior Features

Exterior Home Features
Roof: Tile ConcreteFencing: BlockHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 5Parking: Tandem Garage,Garage Door Opener,Extended Length Garage
Pool
Pool: Play PoolPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 92

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property
Property Information
Parcel Number: 21175258

Price & Status

Price
List Price: $659,000
Status Change & Dates
Off Market Date: Tue Aug 26 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: PhoenixCommunity: GATEWAY AT SONORAN PRESERVE
School Information
Elementary School: Sonoran Foothills SchoolElementary School District: Deer Valley Unified DistrictJr High / Middle School: Sonoran Foothills SchoolHigh School: Barry Goldwater High SchoolHigh School District: Deer Valley Unified District

Building

Building Details
Builder Name: Taylor Morrison
Building Area
Building Area: 1621 Square Feet

Community

Community Features: Gated, Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Sonoran GateHOA Phone: 480-539-1396Has an HOAHOA Fee: $139/Monthly

Lot Information

Lot Area: 6109 sqft

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6857536

Additional Information

GatedPlaygroundBiking/Walking Path

Price and Tax history

DateEventPrice
Aug 27, 2025
Source: ARMLS #6857536
Sold
$650,000
Aug 26, 2025
Source: ARMLS #6857536
Pending
$659,000
Aug 26, 2025
Source: ARMLS #6857536
PendingToActive
$659,000
Jul 26, 2025
Source: ARMLS #6857536
Pending
$659,000
Jul 20, 2025
Source: ARMLS #6857536
PriceChange
$659,000
Price decreased by 1%

Market trends in Desert View

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$764K
$65.83KMoM
Sale-to-List Price
98.1%
0.2%MoM
Price per sq ft
$335
$2MoM
Available listings
341
11MoM

Around this home

Neighborhood Overview

Desert View
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Desert View

At least 277 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 91 % Say car is needed

  • 89 % Say there are sidewalks

  • 82 % Say parking is easy

  • 80 % Say there's holiday spirit

  • 77 % Say people would walk alone at night

  • 75 % Say streets are well-lit

  • 72 % Say it's quiet

  • 71 % Say there's wildlife

  • 71 % Say yards are well-kept

  • 63 % Say kids play outside

  • 59 % Say they plan to stay for at least 5 years

  • 48 % Say neighbors are friendly

  • 41 % Say it's walkable to restaurants

  • 38 % Say it's walkable to grocery stores

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Aubree Esquivel
    "Fireside has community events almost every weekend. It’s a very family friendly neighborhood I would suggest anyone who is a young family to look here. We have 3 young kids and we love it so much "
    0
    Flag
  • Rus
    "Halloween and holidays for kids are always very engaged by the neighborhood, and well attended. Great place for families and kids. "
    0
    Flag
  • Rus
    "Great schools, nice homes and neighborhoods, lots of people outdoors exercising and kids playing, and perfect location at the 101 and 51 to access anything quickly. "
    0
    Flag
  • Rus
    "Blacklight’s at night will make the scorpions fluoresce. The weather and lifestyle is fantastic…and the summer monsoons are powerful and exciting."
    0
    Flag
  • Trulia User
    "Great neighborhood - we’ve been here for over ten years, and not planning to leave just yet. Highly recommended."
    2
    Flag
  • Trulia User
    "Very easy. I only have a 12 to 15 min drive to work. And coming home is no problem either. Only real traffic is on Scottsdale Rd. "
    1
    Flag
  • Trulia User
    "Quiet and great neighbors. Neighborhood school is amazing. Mountain biking access is close. Hiking is close "
    1
    Flag
  • Trulia User
    "I work from home, so i know little of the commute, but traffic in general is getting worse all the time. "
    0
    Flag
  • Trulia User
    "Best commute I drive opposite way of traffic both in the morning and in the evening. Very close to freeway access "
    1
    Flag
  • Trulia User
    "great safe neighborhood always lived here can be out in the middle of the night with no worries. always have haunted houses and walk dogs "
    1
    Flag
  • Trulia User
    "I have lived in this neighborhood for over 5 years. People are mostly friendly, spaces are well maintained, crime is low. "
    4
    Flag
  • Trulia User
    "The area is very well maintained. There are lots of shops, schools, and more all within a small driving distance. "
    1
    Flag
  • Trulia User
    "We have dogs and we love the dog stations around the neighborhood that supply poop bags and a receptacle for full poop bags. That helps keep the area clean. Also, there are plenty of nice sidewalks so you don’t have to walk on the road. So much safer!"
    1
    Flag
  • Trulia User
    "Lots of dog owners, neighbors walk their dogs safely throughout neighborhood. Close to dog friendly hiking trails."
    1
    Flag
  • W.ryansmith
    "Lots of kids and dogs make the neighborhood feel like a home. Love living here with my family. Great schools as well. "
    1
    Flag
  • Tracey L.
    "Gated community with walking paths, playgrounds, huge pool/spa, grills and tables for parties. Great area to live, so close to everything! Feels safe and secure."
    1
    Flag
  • Erinelizabethford
    "Great local parks and playgrounds, with multiple schools and programs for young children. It is a good neighborhood, slower paced but still enough activity to not feel isolated."
    2
    Flag
  • Erinelizabethford
    "Many school options, all with STEM and language immersion.. plenty of walking/biking paths and well lit parks with playgrounds to enjoy "
    1
    Flag
  • David G. A. L. D.
    "No opinion on the subject.....have no pets. I would hope people would be gracious enough to clean up after animals"
    1
    Flag
  • Melissahallusa
    "Easy access to loop 101 an hwy 51. You can get anywhere pretty quickly and with ease. Shopping and restaurants are close by."
    0
    Flag
  • Jamie C.
    "It’s very nice and and it’s a very prime location - close to everything for me: family, work, shopping, etc. "
    13
    Flag
  • Lekorder
    "Easy. No traffic But I get on the 101 at 5:30 am I come home during rush hour. Not much traffic and many alternative routes to get home "
    0
    Flag
  • Ilona S.
    "I like the small town feel and sense of community in cave creek- yet being only minutes away from anything."
    1
    Flag
  • Raiderclan
    "It is a safe, secure community close to restaurants and shopping. Good schools. Easy to get anywhere in the valley due to easy access to the 101, 51 and I-17."
    12
    Flag
  • Barbethp
    "Great neighborhood. Quiet, grade school and middle school in community. Very convenient to the loop 101 and 51. "
    4
    Flag
  • Dana K.
    "Lots of wild desert areas here. Coyotes are common to see. It's quiet. Which says quite a bit considering we are so close to the freeway."
    0
    Flag
  • Dave R.
    "My family has lived here since 1999 and we find everything a family or people at any age could want. Great public schools, clean, safe, friendly neighborhoods, easy highway access and numerous restaurants and entertainment locations within a few miles. Many of the major hospitals supporting Phoenix are located within a few miles; Mayo (2), Paradise Valley (5), and Scottsdale (10). Many miles of trails supporting hiking and biking. At one time this was a road bikers paradise ... not so much now with all the traffic developed north of our location."
    4
    Flag
  • Barb C.
    "My third sale in Boulder Creek. What a delightful pocket community snugged up against the Mountains, yet immediate access to the 101 and 51 for fast transportation to Scottsdale, downtown Phoenix or, well, anywhere. Happy community of friendly neighbors who love living around an elementary and junior high school which are the center of the planned community. Costco a mile away, tons of shopping, especially Desert Ridge Regional Shopping Center is one exit away."
    0
    Flag
  • Christy W.
    "I've lived in the neighborhood for several years and love the mountain reserve close by for walking and hiking, appreciate the community involvement with neighbors and love the easy access to the freeway as well as Desert Ridge and City North for shopping, dining and entertainment."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 506 E BALAO Drive

  • What is 506 E BALAO Drive estimated to be worth?
    Trulia's estimated value for 506 E BALAO Drive in Phoenix, AZ is $652,400.
  • What is the price history for 506 E BALAO Drive?
    506 E BALAO Drive in Phoenix, AZ last sold for $650,000 in August 2025.
  • Is Phoenix a buyer's or seller's market?
    Phoenix is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Phoenix?
    The median sale price in Phoenix is $764K. That is up $65.83K from the prior month.
  • Does 506 E BALAO Drive have air conditioning?
    Yes, 506 E BALAO Drive in Phoenix, AZ has air conditioning.
  • Does 506 E BALAO Drive have a pool?
    Yes, 506 E BALAO Drive in Phoenix, AZ has a pool.

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Off Market Homes Near 506 E BALAO Drive

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