514 E  Morgan Dr, Gilbert, AZ 85295
Property image
Property image
OFF MARKET

$1,077,900

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 2,375 sqft (on 2.21 acres)

514 E Morgan Dr, Gilbert, AZ 85295

Palomino Estates
Est. Refi. Payment $6,355/mo*
Refinance Your Home
Currently Off Market - Sold Mar 9, 2011 for $265,000

Home Value

Trulia Estimate
$1.08M
Since last month
Increased$11K (+1%)
Since last year
Increased$88K (+8.9%)
Since last sale
Increased$813K (+306.8%)
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 +179% in the last 10 years
MonthEstimated value
2026
September 2026$1.08M
August 2026$1.07M
July 2026$1.05M
June 2026$1.09M
May 2026$1.08M
April 2026$1.09M
March 2026$1.05M
February 2026$1.04M
January 2026$975K
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
0.06
Single-Family Home
$1,400,000
09/25/26
4
3
2,304
0.29
Single-Family Home
$900,000
04/16/26
3
3
1,640
0.65
Single-Family Home
$2,165,000
12/17/25
4
4
2,820
0.54
Single-Family Home
$750,000
12/16/25
4
2
1,968
0.39
Single-Family Home
$775,000
08/29/26
4
2.5
2,736
0.63
Single-Family Home
$710,000
10/27/25
3
4
1,835
0.42
Single-Family Home
$730,000
02/04/26
4
2.5
3,080
0.19
Single-Family Home
$3,200,000
03/17/26
5
4
6,545
0.45
Single-Family Home
$799,000
04/29/26
4
2.5
2,736
0.51
Single-Family Home
$960,000
12/19/25
3
2
2,034

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
0.05
$1,436,100
4
3
2,600
Off Market
0.06
$1,400,000
4
3
2,304
Recently Sold
0.12
$1,329,300
4
3
2,604
Off Market
0.17
$2,064,100
5
4
4,624
Off Market
0.19
$3,200,000
5
4
6,545
Recently Sold
0.20
$1,376,100
6
5.5
5,799
Off Market
0.24
$955,700
3
2.5
2,522
Off Market
0.27
$1,383,300
5
4
4,737
Off Market
0.29
$900,000
3
3
1,640
Recently Sold
0.30
$1,560,000
6
4.5
5,013
Recently Sold
0.29
$1,012,300
4
3
2,752
Off Market
0.30
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 514 E Morgan Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1964
2.21 acre lot
2,375 sqft
$454/sqft
Garage

About this House

Not a short sale or REO. We can get this one done quickly. Dated house on over two acres. Needs some TLC, but priced very well for the area. Huge 3 bay block constructed barn/workshop with half bath and large loft area that could be transformed into living space. Also has a tackroom. All buildings are built on the west half of the property. Plenty of room for horses. Large country home with eat in kitchen, formal dining room. Separate living room and family room. Fireplace in family room.
514 E Morgan Dr, Gilbert, AZ 85295 is a 4 bedroom, 1 bathroom, 2,375 sqft single-family home in Palomino Estates, built in 1964. It last sold for $265,000 on Mar 9, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,077,900, with a rent estimate of $3,520/month.

Home Details for 514 E Morgan Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: Central, SolarHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 8Types of Rooms: Dining Room, Family Room, Laundry Room, Master Bath, Office, Pantry, WorkshopCeiling Fan
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood Products, BrickLawnPatio
Parking & Garage
GarageParking Spaces: 10Parking: Carport, Garage Detached

Property Information

Year Built
Year Built: 1964Year Updated: 2011
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 2.21 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Mar 9, 2011
Source: ARMLS #4512056
Sold
$265,000
Dec 29, 2010
Source: Agent Provided
Listed For Sale
$275,000

Market trends in Gilbert

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$575K
$1.5K
MoM
Sale-to-List Price
98.8%
0.1%
MoM
Price per sq ft
$279
$0
MoM
Available listings
1109
4
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Palomino Estates

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 100 % Say streets are well-lit

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's walkable to grocery stores

  • 50 % Say there are community events

  • 50 % Say neighbors are friendly

  • 50 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 514 E Morgan Dr

  • What is 514 E Morgan Dr estimated to be worth?
    Trulia's estimated value for 514 E Morgan Dr in Gilbert, AZ is $1,077,900.
  • What is the price history for 514 E Morgan Dr?
    514 E Morgan Dr in Gilbert, AZ last sold for $265,000 in March 2011.
  • 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 $575K. That is up $1.5K from the prior month.
  • Does 514 E Morgan Dr have air conditioning?
    Yes, 514 E Morgan Dr in Gilbert, AZ has air conditioning.
  • Does 514 E Morgan Dr have laundry facilities?
    Yes, 514 E Morgan Dr in Gilbert, AZ has laundry facilities.

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Off Market Homes Near 514 E Morgan Dr

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