518 E TERRACE Avenue, Gilbert, AZ 85234
Property image
Property image
OFF MARKET

518 E TERRACE Avenue
Gilbert, AZ 85234

Circle G Meadows
  • 3 Beds
  • 2 Baths
  • 2,120 sqft (on 0.25 acres)

$658,400

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $3,667/mo*
Refinance Your Home

$658,400

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $3,667/mo*
Refinance Your Home
3 Beds
2 Baths
2,120 sqft
(on 0.25 acres)

Local Information

  • Map ViewExplore the area around 518 E TERRACE Avenue.
  • 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
Lot Size
0.25 acres
Living Area
2,120 sqft
Price/Sqft
$311
Parking
Garage

About this House

STEP INTO A ENTERTAINERS DELIGHT, OPEN FLOOR PLAN, SOARING CEILINGS, TRAVERTINE FLOORING, STONE & WOOD ON SELECT WALLS IN LIVING AREA, CUSTOM LIGHTING BUILT-IN THROUGHOUT, GRANITE COUNTERS, EAT IN AREA, WITH BREAKFAST BAR, MASTER HAS CUSTOM STONE & WOOD WALL COVERINGS, MASTER BATH REMODELED WITH HUGE WALK IN SHOWER & MULTIPLE SHOWER HEADS, UPGRADED LARGE DOUBLE VANITY, 2 PRIVATE SPLIT SECONDARY BEDROOMS WITH BATH, GORGEOUS POOL WITH ROCK WATERFALL, MULTI-LEVEL DECKS WITH FIREPIT, LOADS OF SPACE IN 3 CAR GARAGE, RV AREA WITH CUSTOM GATE & CONCRETE PAD--NO HOA. SPLIT 2 HVAC SYSTEMS, ALL SITS ON 11,000 SF CUL DE SAC LOT! FANTASTIC LOCATION TO US 60, DNTOWN GILBERT DINING AND SHOPPING
518 E TERRACE Avenue, Gilbert, AZ 85234 is a 3 bedroom, 2 bathroom, 2,120 sqft single-family home in Circle G Meadows, built in 1987. It last sold for the $599,000 asking price on Jul 25, 2023. It is currently off market. The Trulia Estimate is $658,400, with a rent estimate of $3,002/month.

Home Details for 518 E TERRACE Avenue

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 2120 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: Living RoomSpa: NoneHas a Fireplace
Gas & Electric
Electric: 220 Volts in KitchenHas Electric on Property
Windows, Doors, Floors & Walls
Window: Skylight(s), Double Pane WindowsFlooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Tile

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: PatioFencing: BlockHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 3No CarportHas a GarageHas Open ParkingParking Spaces: 6Parking: RV Gate,Garage Door Opener,Direct Access
Pool
Pool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 6

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property
Property Information
Usage of Home: Res/Business Use OkParcel Number: 30495441

Price & Status

Price
List Price: $599,000
Status Change & Dates
Off Market Date: Mon Jun 26 2023Possession Timing: Close Of Escrow, By Agreement

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: CIRCLE G MEADOWS 2 AMD
School Information
Elementary School: Houston Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Gilbert Junior High SchoolHigh School: Gilbert High SchoolHigh School District: Gilbert Unified District

Building

Building Area
Building Area: 2120 Square Feet

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 0.25 acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Energy

Energy Efficiency Features: Multi-Zones

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6567223
Last check for updates: about 13 hours ago
Listed by Chris Baker, (480) 239-7890
Elite Partners
Chris Allen, (480) 206-8403
Elite Partners
Bought with: James Bill Watson, (602) 469-0388, Keller Williams Realty Sonoran Living
Source: ARMLS, MLS#6567223
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 518 E TERRACE Avenue

DatePriceEventSource
07/25/2023$600,000Sold
ARMLS #6567223
06/27/2023$599,000PendingARMLS #6567223
06/20/2023$599,000Listed For SaleARMLS #6567223
09/20/2021$549,900Sold
ARMLS #6270515
05/03/2011$168,000Sold
N/A
02/25/2011$176,700PriceChange
Agent Provided
01/23/2011$189,900PriceChange
Agent Provided
12/20/2010$199,900Listed For SaleAgent Provided
08/19/2010$149,867Sold
N/A
05/28/1999$165,200Sold
N/A
03/31/1994$141,750Sold
N/A

Market trends in Gilbert

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$569K
$3.33KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$279
$1MoM
Available listings
1121
48MoM
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Property Tax and Assessment

Year2025
Tax$2,497
Assessment$511,800
Home facts updated by county records

Comparable Sales for 518 E TERRACE Avenue

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
502 E MOORE Avenue, Gilbert, AZ
0.12
Single-Family Home
$525,000
05/01/26
3
2
1,879
462 E MERRILL Avenue, Gilbert, AZ
0.29
Single-Family Home
$580,000
02/02/26
3
2
2,077
408 E MEADOWS Lane, Gilbert, AZ
0.23
Single-Family Home
$545,000
04/28/26
4
2
1,892
501 E MELODY Lane, Gilbert, AZ
0.27
Single-Family Home
$720,000
02/03/26
4
2
2,277
421 E TERRACE Avenue, Gilbert, AZ
0.14
Single-Family Home
$655,000
09/05/25
4
3
2,759
2454 E JAVELINA Avenue, Mesa, AZ
0.14
Single-Family Home
$412,000
02/23/26
3
2
1,480
2415 E JACINTO Avenue, Mesa, AZ
0.21
Single-Family Home
$505,000
12/29/25
4
2
1,767
618 E HARWELL Road, Gilbert, AZ
0.08
Single-Family Home
$870,000
05/29/26
3
2
2,303
461 E MERRILL Avenue, Gilbert, AZ
0.32
Single-Family Home
$552,000
03/26/26
3
2
1,561
2452 E Juanita Avenue, Mesa, AZ
0.23
Single-Family Home
$425,000
05/11/26
3
2
1,430

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Assigned Schools

These are the assigned schools for 518 E TERRACE Avenue.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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."
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Off Market Homes Near 518 E TERRACE Avenue

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