564 E Morgan Drive, Gilbert, AZ 85295
Property image
Property image
SOLD
SEP 25, 2026

$1,347,800

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,304 sqft (on 2.21 acres)

564 E Morgan Drive, Gilbert, AZ 85295

Palomino Estates
Est. Refi. Payment $7,964/mo*
Refinance Your Home
Currently Off Market - Sold Sep 25, 2026 for $1,400,000

Home Value

Trulia Estimate
$1.35M
Since last month
Decreased$33K (-2.4%)
Since last year
Increased$375K (+38.3%)
Since last sale
Decreased$46K (-3.3%)
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 +230% in the last 10 years
MonthEstimated value
2026
September 2026$1.35M
August 2026$1.39M
July 2026$1M
June 2026$1.04M
May 2026$1.05M
April 2026$1.05M
March 2026$1.01M
February 2026$1.01M
January 2026$968K
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
0.35
Single-Family Home
$900,000
04/16/26
3
3
1,640
0.62
Single-Family Home
$2,165,000
12/17/25
4
4
2,820
0.59
Single-Family Home
$1,251,450
06/26/26
3
2
2,409
0.16
Single-Family Home
$3,200,000
03/17/26
5
4
6,545
0.43
Single-Family Home
$1,325,000
02/03/26
4
4.5
4,403
0.45
Single-Family Home
$1,010,000
03/05/26
5
2.5
3,482
0.34
Single-Family Home
$1,560,000
06/12/26
6
4.5
5,013
0.42
Single-Family Home
$775,000
08/29/26
4
2.5
2,736

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
0.08
$1,418,900
4
3
2,600
Off Market
0.14
$1,376,100
6
5.5
5,799
Off Market
0.16
$3,200,000
5
4
6,545
Recently Sold
0.19
$1,329,300
4
3
2,604
Off Market
0.22
$2,045,100
5
4
4,624
Off Market
0.25
$955,700
3
2.5
2,522
Off Market
0.25
-
-
-
-
Off Market
0.24
$1,069,700
4
3
3,005
Off Market
0.29
$1,012,300
4
3
2,752
Off Market
0.32
$1,383,300
5
4
4,737
Off Market
0.30
$1,107,000
7
4
3,577
Off Market

Local Information

  • Map ViewExplore the area around 564 E Morgan Drive.
  • 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
2,304 sqft
$608/sqft
2 Car Garage

About this House

What's unique:Private poolGilbert horse propertyCovered patiosRed brick wood-burning fireplaceOutdoor horse corralRemodeled kitchen
Gilbert horse property on approx. 2.2 irrigated acres with no HOA! Located in Palomino Acres, the 2,304 sq ft single-level main home offers 3 bedrooms + den and 2 bathrooms. Move-in ready and beautifully updated, it blends classic charm, including a red brick wood-burning fireplace, with a remodeled kitchen and bathrooms. The barn offers workshop/storage plus a 488 sq ft upstairs apartment with bedroom, bathroom and kitchenette, providing 2,792 sq ft of combined living space. Features include an outdoor horse corral, private pool, covered patios, 2-car garage, ample slab/RV parking. All near Downtown Gilbert and SanTan Village! With acreage, horse facilities and versatile additional space, this unique property offers endless possibilities!
564 E Morgan Drive, Gilbert, AZ 85295 is a 4 bedroom, 3 bathroom, 2,304 sqft single-family home in Palomino Estates, built in 1964. It last sold for the $1,400,000 asking price on Sep 25, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,347,800, with a rent estimate of $3,684/month.
Last check for updates: about 4 hours ago
Listed by Alisha B Anderson, (480) 900-1500
Real Broker
Bought with: Melissa Kapanicas, (602) 509-4306, HomeSmart
Co-Buyer's Agent: Mick L Kapanicas, (602) 478-3805, HomeSmart
Source: ARMLS, MLS#7072094
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 564 E Morgan Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2304 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Dishwasher, Induction Cooktop, Electric OvenDishwasherLaundry: In GarageRefrigerator
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood Burning, Family RoomSpa: NoneHas a Fireplace
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Carpet, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Tile, Wood

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: Covered, PatioFencing: Chain Link, WireOther Structures: Workshop, Shed(s), Barn(s)Exterior: Playground, StorageFoundation: SlabHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 6No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 8Parking: Attached,RV Access/Parking,Direct Access,Side Vehicle Entry
Pool
Pool: Outdoor PoolPool
Frontage
Responsible for Road Maintenance: City Maintained RoadRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Horse Amenities: Barn, Stall, Tack RoomAllowed to Raise Horses

Days on Market

Cumulative Days on Market: 14

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Painted, BlockNot Attached Property
Property Information
Usage of Home: FarmParcel Number: 30443036

Price & Status

Price
List Price: $1,400,000Price Per Sqft: $608/sqft
Status Change & Dates
Off Market Date: Sat Sep 26 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: PALOMINO ACRES
School Information
Elementary School: Ashland ElementaryElementary School District: Gilbert Unified DistrictJr High / Middle School: South Valley Jr. HighHigh School: Campo Verde High SchoolHigh School District: Gilbert Unified District

Building

Building Area
Building Area: 2304 Square Feet

Community

Community Features: Horse Facility

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 2.2057 Acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7072094Attribution Contact: 480-900-1500

Additional Information

Horse Facility

Price and Tax history

DateEventPrice
Sep 25, 2026
Source: ARMLS #7072094
Sold
$1,400,000
Sep 12, 2026
Source: ARMLS #7072094
Listed For Sale
$1,400,000
Mar 15, 1996
Source: N/A
Sold
$207,000

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 564 E Morgan Drive

  • What is 564 E Morgan Drive estimated to be worth?
    Trulia's estimated value for 564 E Morgan Drive in Gilbert, AZ is $1,347,800.
  • What is the price history for 564 E Morgan Drive?
    564 E Morgan Drive in Gilbert, AZ last sold for $1,400,000 in September 2026.
  • 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 564 E Morgan Drive have air conditioning?
    Yes, 564 E Morgan Drive in Gilbert, AZ has air conditioning.
  • Does 564 E Morgan Drive have a pool?
    Yes, 564 E Morgan Drive in Gilbert, AZ has a pool.

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