5540 W Melinda Ln, Glendale, AZ 85308
OFF MARKET

$859,300

Trulia Estimate
  • Studio
  • 5 Baths
  • 2,855 sqft (on 0.26 acres)

5540 W Melinda Ln, Glendale, AZ 85308

Arrowhead Lakes
Est. Refi. Payment $4,924/mo*
Refinance Your Home
Currently Off Market - Sold Jan 19, 2000 for $285,000

Home Value

Trulia Estimate
$859K
Since last month
Decreased$2K (-0.3%)
Since last year
Increased$41K (+5%)
Since last sale
Increased$575K (+201.6%)
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 +84% in the last 10 years
MonthEstimated value
2026
September 2026$860K
August 2026$859K
July 2026$862K
June 2026$842K
May 2026$847K
April 2026$838K
March 2026$840K
February 2026$835K
January 2026$815K
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
21636 N 55TH Drive, Glendale, AZ
0.14
Single-Family Home
$1,120,000
11/06/25
4
3.5
3,880
21682 N 53RD Drive, Glendale, AZ
0.16
Single-Family Home
$1,625,000
05/05/26
5
3.5
3,855
5534 W Arrowhead Lakes Dr, Glendale, AZ
0.23
Single-Family Home
$900,000
08/06/26
3
3
2,567
5710 W MELINDA Lane, Glendale, AZ
0.32
Single-Family Home
$900,000
02/12/26
4
3
3,122
21619 N 56TH Drive, Glendale, AZ
0.21
Single-Family Home
$1,075,000
05/01/26
5
2.5
3,684
5474 W MELINDA Lane, Glendale, AZ
0.15
Single-Family Home
$990,000
08/27/26
5
4
3,550
5340 W MELINDA Lane, Glendale, AZ
0.18
Single-Family Home
$820,000
04/22/26
5
3
3,046
5286 W LONE CACTUS Drive, Glendale, AZ
0.35
Single-Family Home
$1,205,000
03/03/26
5
3
3,004
21659 N 58TH Avenue, Glendale, AZ
0.36
Single-Family Home
$1,170,000
02/11/26
5
4
3,907
5663 W ABRAHAM Lane, Glendale, AZ
0.40
Single-Family Home
$870,000
06/01/26
4
3
2,747

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
5516 W MELINDA Lane, Glendale, AZ 85308
0.06
$1,049,849
5
4.5
3,500
For Sale
5516 W MELINDA Lane #45, Glendale, AZ 85308
0.06
$374,900
-
-
-
For Sale
21648 N 55th Drive, Glendale, AZ 85308
0.11
$2,531,200
5
4
5,322
Off Market
21636 N 55TH Drive, Glendale, AZ 85308
0.14
$1,255,000
4
3.5
3,880
Off Market
21639 N 55TH Drive, Glendale, AZ 85308
0.15
$1,191,700
6
4.5
4,874
Off Market
5474 W MELINDA Lane, Glendale, AZ 85308
0.15
$990,000
5
4
3,550
Recently Sold
21682 N 53RD Drive, Glendale, AZ 85308
0.16
$1,625,000
5
3.5
3,855
Recently Sold
21655 N 56TH Avenue, Glendale, AZ 85308
0.14
$1,085,000
3
4
2,990
Off Market
21666 N 53RD Drive, Glendale, AZ 85308
0.18
-
5
3
3,046
Off Market
21627 N 55TH Drive, Glendale, AZ 85308
0.17
$1,691,100
5
4.5
4,162
Off Market
5340 W MELINDA Lane, Glendale, AZ 85308
0.18
$820,000
5
3
3,046
Recently Sold
21623 N 56th Drive, Glendale, AZ 85308
0.20
$857,600
4
2
2,428
Off Market

Local Information

  • Map ViewExplore the area around 5540 W Melinda Ln.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1993
0.26 acre lot
2,855 sqft
$301/sqft
Garage

About this House

This single-family home is located at 5540 W Melinda Ln, Glendale, AZ. 5540 W Melinda Ln is in the Arrowhead Lakes neighborhood in Glendale, AZ and in ZIP code 85308. This property has 5 bathrooms and approximately 2,855 sqft of floor space. This property has a lot size of 0.26 acres and was built in 1993.
5540 W Melinda Ln, Glendale, AZ 85308 is a studio, 5 bathroom, 2,855 sqft single-family home in Arrowhead Lakes, built in 1993. It last sold for $285,000 on Jan 19, 2000. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $859,300, with a rent estimate of $3,329/month.

Home Details for 5540 W Melinda Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 8
Heating & Cooling
Air ConditioningCooling System: Refrigerator

Exterior Features

Exterior Home Features
Roof: TileExterior: WoodPatio
Pool
Pool
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1993
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.26 acres

Price and Tax history

DateEventPrice
Jan 19, 2000
Source: ARMLS #1440669
Sold
$285,000
Feb 28, 1997
Source: N/A
Sold
$281,000

Market trends in Glendale

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$403K
$3.3KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$231
$0MoM
Available listings
806
27MoM

Around this home

Neighborhood Overview

Arrowhead Lakes
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Arrowhead Lakes

At least 12 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 95 % Say there are sidewalks

  • 94 % Say it's dog friendly

  • 92 % Say parking is easy

  • 82 % Say there's holiday spirit

  • 78 % Say it's quiet

  • 69 % Say yards are well-kept

  • 68 % Say people would walk alone at night

  • 62 % Say streets are well-lit

  • 57 % Say they plan to stay for at least 5 years

  • 53 % Say neighbors are friendly

  • 47 % Say there's wildlife

  • 36 % Say kids play outside

  • 35 % Say it's walkable to grocery stores

  • 31 % Say there are community events

  • 17 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Zympx5m67f
    "The lake with the Christmas boat parade and block party after. We plan our annual Christmas party so more people can enjoy the parade :)"
    0
    Flag
  • Cardawg
    "Neighborhood block watch meetings and pot lucks, Christmas boat parade, community bi-annual garage sales."
    0
    Flag
  • Cardawg
    "Great people who are friendly and outdoor active. Lake community with an abundance of wildlife. Family and pet friendly neighborhood."
    0
    Flag
  • Denise H. G.
    "I've lived in Arrowhead Lakes for 10 years and absolutely love it! Wouldn't live any where else. "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5540 W Melinda Ln

  • What is 5540 W Melinda Ln estimated to be worth?
    Trulia's estimated value for 5540 W Melinda Ln in Glendale, AZ is $859,300.
  • What is the price history for 5540 W Melinda Ln?
    5540 W Melinda Ln in Glendale, AZ last sold for $285,000 in January 2000.
  • Is Glendale a buyer's or seller's market?
    Glendale is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Glendale?
    The median sale price in Glendale is $403K. That is down $3.3K from the prior month.
  • Does 5540 W Melinda Ln have air conditioning?
    Yes, 5540 W Melinda Ln in Glendale, AZ has air conditioning.
  • Does 5540 W Melinda Ln have a pool?
    Yes, 5540 W Melinda Ln in Glendale, AZ has a pool.

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 - Washer/dryer

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Explore by feature - Outdoor Space

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Apartments for Rent

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Off Market Homes Near 5540 W Melinda Ln

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