518 E Melody Ln, Gilbert, AZ 85234
OFF MARKET

518 E Melody Ln
Gilbert, AZ 85234

Circle G Meadows
  • 4 Beds
  • 2 Baths
  • 2,320 sqft

$636,100

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,549/mo*
Refinance Your Home

$636,100

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,549/mo*
Refinance Your Home
4 Beds
2 Baths
2,320 sqft

Home Value

Trulia Estimate
$636K
Since last month
Decreased$5K (-0.8%)
Since last year
Increased$1K (+0.2%)
Since last sale
Increased$244K (+62.6%)
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 +130% in the last 10 years
MonthEstimated value
2026
August 2026$634K
July 2026$639K
June 2026$635K
May 2026$648K
April 2026$642K
March 2026$644K
February 2026$643K
January 2026$634K
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
501 E MELODY Lane, Gilbert, AZ
0.05
Single-Family Home
$720,000
02/03/26
4
2
2,277
462 E MERRILL Avenue, Gilbert, AZ
0.09
Single-Family Home
$580,000
02/02/26
3
2
2,077
502 E MOORE Avenue, Gilbert, AZ
0.12
Single-Family Home
$525,000
05/01/26
3
2
1,879
408 E MEADOWS Lane, Gilbert, AZ
0.21
Single-Family Home
$545,000
04/28/26
4
2
1,892
401 E MERRILL Avenue, Gilbert, AZ
0.20
Single-Family Home
$530,000
07/01/26
4
2
1,738
517 E MERRILL Avenue, Gilbert, AZ
0.10
Single-Family Home
$816,000
08/10/26
4
3
2,599
461 E MERRILL Avenue, Gilbert, AZ
0.12
Single-Family Home
$552,000
03/26/26
3
2
1,561
443 E MERRILL Avenue, Gilbert, AZ
0.14
Single-Family Home
$490,000
07/14/26
3
2
1,543
421 E TERRACE Avenue, Gilbert, AZ
0.25
Single-Family Home
$655,000
09/05/25
4
3
2,759
490 E SAN REMO Avenue, Gilbert, AZ
0.42
Single-Family Home
$440,000
04/17/26
4
2
2,036

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
509 E MEADOWS Lane, Gilbert, AZ 85234
0.02
$660,600
4
2
2,269
Off Market
518 E MEADOWS Lane, Gilbert, AZ 85234
0.06
$892,900
5
3
3,221
Off Market
501 E MELODY Lane, Gilbert, AZ 85234
0.05
$720,000
4
2
2,277
Recently Sold
450 E MEADOWS Lane, Gilbert, AZ 85234
0.10
$584,700
4
2
2,256
Off Market
462 E MERRILL Avenue, Gilbert, AZ 85234
0.09
$580,000
3
2
2,077
Recently Sold
502 E MOORE Avenue, Gilbert, AZ 85234
0.12
$525,000
3
2
1,879
Recently Sold
517 E MERRILL Avenue, Gilbert, AZ 85234
0.10
$816,000
4
3
2,599
Recently Sold
461 E MERRILL Avenue, Gilbert, AZ 85234
0.12
$552,000
3
2
1,561
Recently Sold
431 E MELODY Lane, Gilbert, AZ 85234
0.14
$479,800
3
2
1,645
Off Market
443 E MERRILL Avenue, Gilbert, AZ 85234
0.14
$490,000
3
2
1,543
Recently Sold
443 E HARWELL Road, Gilbert, AZ 85234
0.17
$538,100
3
3
1,874
Off Market
426 E MERRILL Avenue, Gilbert, AZ 85234
0.15
$595,700
4
2
1,892
Off Market

Local Information

  • Map ViewExplore the area around 518 E Melody Ln.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1987
Living Area
2,320 sqft
Price/Sqft
$274
Parking
Garage

About this House

This single-family home is located at 518 E Melody Ln, Gilbert, AZ. 518 E Melody Ln is in the Circle G Meadows neighborhood in Gilbert, AZ and in ZIP code 85234. This property has 4 bedrooms, 2 bathrooms and approximately 2,320 sqft of floor space. This property has a lot size of 10210 sqft and was built in 1987.
518 E Melody Ln, Gilbert, AZ 85234 is a 4 bedroom, 2 bathroom, 2,320 sqft single-family home in Circle G Meadows, built in 1987. It last sold for $390,000 on Mar 28, 2006. It is currently off market. The Trulia Estimate is $636,100, with a rent estimate of $2,522/month.

Home Details for 518 E Melody Ln

Interior Features

Heating & Cooling
Heating: Heat Pump, ElectricAir ConditioningCooling System: RefrigeratorHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Hardwood
Interior Details
AtticNumber of Rooms: 9Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master Bath, Office, PantryCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: TileExterior: Stone, Stucco, Wood, BrickLawnPatioSprinkler System
Parking & Garage
GarageParking Spaces: 4Parking: Garage Attached

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 10210 sqft

Price and Tax history

DateEventPrice
Mar 28, 2006
Source: N/A
Sold
$390,000
May 10, 1994
Source: N/A
Sold
$149,000

Market trends in Gilbert

Last updated July 2026
Buyer'sMarketSeller'sMarket
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

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."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 518 E Melody Ln

  • What is 518 E Melody Ln estimated to be worth?
    Trulia's estimated value for 518 E Melody Ln in Gilbert, AZ is $636,100.
  • What is the price history for 518 E Melody Ln?
    518 E Melody Ln in Gilbert, AZ last sold for $390,000 in March 2006.
  • 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 518 E Melody Ln have air conditioning?
    Yes, 518 E Melody Ln in Gilbert, AZ has air conditioning.
  • Does 518 E Melody Ln have laundry facilities?
    Yes, 518 E Melody Ln in Gilbert, AZ has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Apartments for Rent

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Off Market Homes Near 518 E Melody Ln

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