72 N  Velma Dr, Gilbert, AZ 85233
OFF MARKET

$546,100

Trulia Estimate
  • Studio
  • 3 Baths
  • 2,112 sqft

72 N Velma Dr, Gilbert, AZ 85233

Summer Meadows
Est. Refi. Payment $3,099/mo*
Refinance Your Home
Currently Off Market - Sold Nov 20, 1998 for $166,904

Home Value

Trulia Estimate
$546K
Since last month
Decreased$4K (-0.7%)
Since last year
$200 (0%)
Since last sale
Increased$380K (+227.8%)
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 +82% in the last 10 years
MonthEstimated value
2026
August 2026$547K
August 2026$546K
July 2026$551K
June 2026$548K
May 2026$552K
April 2026$554K
March 2026$550K
February 2026$547K
January 2026$550K
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
0.05
Single-Family Home
$590,000
07/21/26
4
2
2,274
0.17
Single-Family Home
$520,000
02/12/26
4
3
2,118
0.14
Single-Family Home
$674,990
01/20/26
4
3
2,118
0.13
Single-Family Home
$532,000
11/04/25
3
2
1,868
0.24
Single-Family Home
$525,000
01/22/26
4
2.5
2,282
0.26
Single-Family Home
$518,000
04/03/26
3
2.5
2,147
0.19
Single-Family Home
$650,000
04/01/26
3
2
2,274
0.25
Single-Family Home
$699,000
03/20/26
4
2.5
2,853
0.35
Single-Family Home
$595,000
08/17/26
5
3
2,324
0.18
Single-Family Home
$730,000
05/11/26
4
3
3,080

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
0.10
$539,200
3
2
1,868
Off Market
0.13
$536,200
3
2
1,868
Off Market
0.14
$674,990
4
3
2,118
Recently Sold
0.14
$519,800
4
3
2,134
Off Market
0.10
$850,000
5
3.5
2,876
Recently Sold
0.14
$580,300
4
2
1,868
Off Market
0.12
$598,000
3
2
1,820
Off Market
0.17
$520,000
4
3
2,118
Recently Sold
0.14
$792,200
5
3
3,305
Off Market
0.19
$591,000
4
3
2,118
Off Market
0.16
$620,600
4
2
2,274
Off Market
0.18
$730,000
4
3
3,080
Recently Sold

Local Information

  • Map ViewExplore the area around 72 N Velma Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1998
2,112 sqft
$259/sqft
Garage

About this House

This single-family home is located at 72 N Velma Dr, Gilbert, AZ. 72 N Velma Dr is in the Summer Meadows neighborhood in Gilbert, AZ and in ZIP code 85233. This property has 3 bathrooms and approximately 2,112 sqft of floor space. This property has a lot size of 8046 sqft and was built in 1998.
72 N Velma Dr, Gilbert, AZ 85233 is a studio, 3 bathroom, 2,112 sqft single-family home in Summer Meadows, built in 1998. It last sold for $166,904 on Nov 20, 1998. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $546,100, with a rent estimate of $2,595/month.

Home Details for 72 N Velma Dr

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
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1998
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8046 sqft

Price and Tax history

DateEventPrice
Nov 20, 1998
Source: N/A
Sold
$166,904

Market trends in Gilbert

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$574K
$4.67K
MoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0
MoM
Available listings
1109
12
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 72 N Velma Dr

  • What is 72 N Velma Dr estimated to be worth?
    Trulia's estimated value for 72 N Velma Dr in Gilbert, AZ is $546,100.
  • What is the price history for 72 N Velma Dr?
    72 N Velma Dr in Gilbert, AZ last sold for $166,904 in November 1998.
  • 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 72 N Velma Dr have air conditioning?
    Yes, 72 N Velma Dr in Gilbert, AZ has air conditioning.
  • How big is the lot at 72 N Velma Dr?
    The lot at 72 N Velma Dr in Gilbert, AZ is about 0.18 acres (8,046 sq ft).

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