$769,600
- 4 Beds
- 2 Baths
- 2,457 sqft (on 1 acre)
507 E Hearne Way, Gilbert, AZ 85234
Est. Refi. Payment $4,385/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 18, 2021 for $565,000
Home Value
Trulia Estimate
$770KSince 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
| Month | Estimated 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
-- mins to
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
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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 |
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Exterior Home Features Roof: TileExterior: StuccoPatio |
Parking & Garage GarageParking Spaces: 6Parking: Garage Detached |
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Year Built Year Built: 1993 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 1 acre |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 | |
Jul 27, 2021 Source: Zillow Rental Manager | Listed For Rent | $3,200 |
Jun 18, 2021 Source: ARMLS #6239039 | Sold | $565,000 |
Jun 3, 2021 Source: ARMLS #6239039 | Pending | $565,000 |
Jun 1, 2021 Source: ARMLS #6239039 | PendingToActive | $539,995 |
May 24, 2021 Source: ARMLS #6239039 | Pending | $539,995 |
May 21, 2021 Source: ARMLS #6239039 | Listed For Sale | $539,995 |
Apr 5, 2020 Source: Agent Provided | ListingRemoved | $1,995 |
Apr 1, 2020 Source: Agent Provided | Listed For Rent | $1,995 |
Oct 20, 2014 Source: Agent Provided | ListingRemoved | $1,650 |
Sep 16, 2014 Source: Agent Provided | PriceChange | $1,650 Price decreased by 3% |
Aug 22, 2014 Source: Agent Provided | PriceChange | $1,699 Price decreased by 3% |
Jul 1, 2014 Source: Agent Provided | Listed For Rent | $1,750 |
Jun 7, 2013 Source: Agent Provided | ListingRemoved | $1,750 |
Jun 4, 2013 Source: Agent Provided | Listed For Rent | $1,750 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,548 | $535,500 |
Home facts updated by county records
Market trends in Gilbert
Last updated July 2026
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
LGBTQ Local Legal Protections
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.

