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

$660,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,120 sqft (on 0.25 acres)

518 E TERRACE Avenue, Gilbert, AZ 85234

Circle G Meadows
Est. Refi. Payment $3,814/mo*
Refinance Your Home
Currently Off Market - Sold Jul 25, 2023 for $600,000

Home Value

Trulia Estimate
$661K
Since last month
Increased$7K (+1%)
Since last year
Increased$8K (+1.3%)
Since last sale
Increased$61K (+10.1%)
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 +119% in the last 10 years
MonthEstimated value
2026
September 2026$661K
August 2026$666K
July 2026$654K
June 2026$659K
May 2026$659K
April 2026$658K
March 2026$659K
February 2026$659K
January 2026$658K
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
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
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
339 E HARWELL Road, Gilbert, AZ
0.23
Single-Family Home
$450,000
09/26/25
3
2
1,258

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
1432 N Riata Street, Gilbert, AZ 85234
0.06
$1,210,800
5
3
3,588
Off Market
618 E HARWELL Road, Gilbert, AZ 85234
0.08
$870,000
3
2
2,303
Recently Sold
502 E MOORE Avenue, Gilbert, AZ 85234
0.12
$525,000
3
2
1,879
Recently Sold
443 E HARWELL Road, Gilbert, AZ 85234
0.14
$545,000
3
3
1,874
Off Market
421 E TERRACE Avenue, Gilbert, AZ 85234
0.14
$658,100
4
3
2,759
Off Market
437 E HARWELL Road #WOW !, Gilbert, AZ 85234
0.15
$562,400
4
2
2,200
Off Market
2454 E JAVELINA Avenue, Mesa, AZ 85204
0.14
$412,000
3
2
1,480
Recently Sold
518 E MEADOWS Lane, Gilbert, AZ 85234
0.17
$911,000
5
3
3,221
Off Market
2559 E JAVELINA Avenue, Mesa, AZ 85204
0.19
$410,400
3
2
1,408
Off Market
450 E MEADOWS Lane, Gilbert, AZ 85234
0.20
$590,900
4
2
2,256
Off Market
509 E MEADOWS Lane, Gilbert, AZ 85234
0.21
$670,700
4
2
2,269
Off Market

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

Single-Family Home
Built in 1987
0.25 acre lot
2,120 sqft
$312/sqft
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $660,700, with a rent estimate of $2,832/month.
Last check for updates: about 4 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.

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

Price and Tax history

DateEventPrice
Jul 25, 2023
Source: ARMLS #6567223
Sold
$600,000
Jun 27, 2023
Source: ARMLS #6567223
Pending
$599,000
Jun 20, 2023
Source: ARMLS #6567223
Listed For Sale
$599,000
Sep 20, 2021
Source: ARMLS #6270515
Sold
$549,900
May 3, 2011
Source: N/A
Sold
$168,000

Market trends in Gilbert

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

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 TERRACE Avenue

  • What is 518 E TERRACE Avenue estimated to be worth?
    Trulia's estimated value for 518 E TERRACE Avenue in Gilbert, AZ is $660,700.
  • What is the price history for 518 E TERRACE Avenue?
    518 E TERRACE Avenue in Gilbert, AZ last sold for $600,000 in July 2023.
  • 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 518 E TERRACE Avenue have air conditioning?
    Yes, 518 E TERRACE Avenue in Gilbert, AZ has air conditioning.
  • Does 518 E TERRACE Avenue have a pool?
    Yes, 518 E TERRACE Avenue in Gilbert, AZ has a pool.

Explore by feature - Pet Friendly

329 pet-friendly rentals in Gilbert, AZ

Explore by feature - Garage

439 rentals with a garage in Gilbert, AZ

Explore by feature - Air Conditioning

356 rentals with air conditioning in Gilbert, AZ

Explore by feature - Pool

399 rentals with a pool in Gilbert, AZ

Explore by feature - Washer/dryer

450 rentals with a washer/dryer in Gilbert, AZ

Explore by feature - Outdoor Space

225 rentals with an outdoor space in Gilbert, AZ

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 518 E TERRACE Avenue

Skip to last item
Skip to first item

Homes for sale near 518 E TERRACE Avenue

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item