507 E  Hearne Way, Gilbert, AZ 85234
Property image
Property image
OFF MARKET

$769,600

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,457 sqft (on 1 acre)

507 E Hearne Way, Gilbert, AZ 85234

Stonebridge Lakes
Est. Refi. Payment $4,385/mo*
Refinance Your Home
Currently Off Market - Sold Jun 18, 2021 for $565,000

Home Value

Trulia Estimate
$770K
Since last month
Decreased$12K (-1.5%)
Since last year
Increased$13K (+1.7%)
Since last sale
Increased$205K (+36.2%)
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 +106% in the last 10 years
MonthEstimated value
2026
August 2026$770K
August 2026$767K
July 2026$781K
June 2026$786K
May 2026$771K
April 2026$777K
March 2026$774K
February 2026$764K
January 2026$752K
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
0.36
Single-Family Home
$900,000
02/09/26
4
2
2,295
0.23
Single-Family Home
$520,000
08/07/26
4
2
2,940
0.12
Single-Family Home
$650,000
09/10/25
4
2
2,298
0.16
Single-Family Home
$675,000
10/15/25
4
2
2,357
0.16
Single-Family Home
$765,000
10/10/25
4
2
2,357
0.11
Single-Family Home
$490,000
01/28/26
3
2
2,005
0.28
Single-Family Home
$1,200,000
09/02/26
4
3
2,912
0.31
Single-Family Home
$565,000
04/24/26
4
2
2,357
0.44
Single-Family Home
$985,000
02/23/26
4
3
2,868
0.44
Single-Family Home
$1,475,000
12/03/25
4
2
3,536

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
0.03
$573,900
4
2
2,357
Off Market
0.04
$688,400
5
2.5
2,985
Off Market
0.05
$646,900
3
2
2,005
Off Market
0.07
$591,700
4
2
2,357
Off Market
0.11
$490,000
3
2
2,005
Recently Sold
0.14
$651,900
4
2
2,357
Off Market
0.13
$723,600
4
2
2,357
Off Market
0.12
$653,300
4
2
2,298
Off Market
0.16
$650,000
3
2
2,005
For Sale
0.14
$831,000
5
3
2,985
Off Market
0.18
$791,300
4
2
2,357
Off Market
0.16
$770,200
4
2
2,357
Off Market

Local Information

  • Map ViewExplore the area around 507 E Hearne Way.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1993
1 acre lot
2,457 sqft
$313/sqft
Garage

About this House

Beautiful Lake Front property in Gilbert with lots of upgrades. Granite counter tops, new appliances and cabinets, white wood blinds throughout, ceiling fans, new AC, stamped concrete entry and patio, wood burning fire place, vaulted ceilings, tile in all the right places, newer carpet, fresh paint, 3 car garage, and the list goes on. Perfectly located less than a mile from historic downtown Gilbert, walking and bike paths, freestone park, lots of restaurants, Gilbert schools and much more. Landlord request all tenant credit score over 600, monthly net income over $8000.
507 E Hearne Way, Gilbert, AZ 85234 is a 4 bedroom, 2 bathroom, 2,457 sqft single-family home in Stonebridge Lakes, built in 1993. It last sold for $565,000 on Jun 18, 2021. More recently, it was listed as a rental in March 2022 with an asking price of $3,200 per month. That rental listing was removed on October 24, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $769,600, with a rent estimate of $2,978/month.

Home Details for 507 E Hearne Way

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Laminate
Interior Details
Number of Rooms: 7Types of Rooms: Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Pantry

Exterior Features

Exterior Home Features
Roof: TileExterior: StuccoPatio
Parking & Garage
GarageParking Spaces: 6Parking: Garage Detached

Property Information

Year Built
Year Built: 1993
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1 acre

Price and Tax history

DateEventPrice
Oct 24, 2022
Source: Zillow Rental Manager
ListingRemoved
Apr 9, 2022
Source: Zillow Rental Manager
PriceChange
$2,950
Price decreased by 2%
Mar 18, 2022
Source: Zillow Rental Manager
PriceChange
$2,995
Price decreased by 6%
Mar 5, 2022
Source: Zillow Rental Manager
Listed For Rent
$3,200
Aug 2, 2021
Source: Zillow Rental Manager
ListingRemoved

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 507 E Hearne Way

  • What is 507 E Hearne Way estimated to be worth?
    Trulia's estimated value for 507 E Hearne Way in Gilbert, AZ is $769,600.
  • What is the price history for 507 E Hearne Way?
    507 E Hearne Way in Gilbert, AZ last sold for $565,000 in June 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 507 E Hearne Way have laundry facilities?
    Yes, 507 E Hearne Way in Gilbert, AZ has laundry facilities.
  • How big is the lot at 507 E Hearne Way?
    The lot at 507 E Hearne Way in Gilbert, AZ is about 1 acre.

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Off Market Homes Near 507 E Hearne Way

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