
421 E Terrace Ave Gilbert, AZ 85234
Northwest Gilbert NeighborhoodEstimated payment $4,102/month
Highlights
- RV Hookup
- 0.23 Acre Lot
- 1 Fireplace
- Neely Traditional Academy Rated A
- Vaulted Ceiling
- Private Yard
About This Home
This is not your typical Gilbert home. Set back on a quiet cul-de-sac, four-bedroom 3 full bath offers something truly unique: a full basement. Basements are a rare find and adds incredible flexibility.Location is a huge plus, and this home delivers. You're just minutes from Trader Joe's and the heart of Downtown Gilbert, with its dining and entertainment!For those with hobbies or extra vehicles, the extended driveway, RV gate, and dedicated RV pad are a major bonus. Bring your toys!Inside, modern updates enhance the home's appeal. New cabinets, flooring and paint create a bright, inviting atmosphere, while quartz countertops and a custom backsplash elevate the kitchen. A separate laundry room adds convenience. One of the most impressive features is the ventilated workshop. Imagine the possibilities! This space is perfect for projects, hobbies, and extra storage.All of this is situated in a well-established neighborhood with no HOA, offering freedom and flexibility. Homes like this are incredibly hard to find. Don't miss your chance to own this truly special property. This one won't last long.
Listing Agent
My Home Group Real Estate Brokerage Phone: 602-318-1819 License #BR554958000

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,811
Year Built
- Built in 1993
Lot Details
- 10,088 Sq Ft Lot
- Cul-De-Sac
- Desert faces the front and back of the property
- Block Wall Fence
- Front and Back Yard Sprinklers
- Private Yard
- Grass Covered Lot
Parking
- 3 Open Parking Spaces
- 2 Car Garage
- RV Hookup
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,759 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
- Double Pane Windows
- Washer and Dryer Hookup
- Finished Basement
Kitchen
- Built-In Microwave
- Kitchen Island
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Outdoor Storage
Schools
- Burk Elementary School
- Gilbert High School
Utilities
- Cooling Available
- Zoned Heating
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 304-95-518-A
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Circle G Meadows 2 Phase 2 Lot 1 13 Tr A Subdivision
Recreation
- Sport Court
- Community Playground
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $2,811 | $31,156 | -- | -- |
2024 | $2,728 | $29,672 | -- | -- |
2023 | $2,728 | $49,050 | $9,810 | $39,240 |
2022 | $2,958 | $37,370 | $7,470 | $29,900 |
2021 | $2,678 | $36,800 | $7,360 | $29,440 |
2020 | $3,164 | $33,610 | $6,720 | $26,890 |
2019 | $2,921 | $31,120 | $6,220 | $24,900 |
2018 | $2,877 | $29,270 | $5,850 | $23,420 |
2017 | $2,821 | $27,350 | $5,470 | $21,880 |
2016 | $2,967 | $26,500 | $5,300 | $21,200 |
2015 | $2,474 | $25,620 | $5,120 | $20,500 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/25/2025 04/25/25 | Price Changed | $693,000 | -0.9% | $251 / Sq Ft |
03/27/2025 03/27/25 | For Sale | $699,000 | +85.4% | $253 / Sq Ft |
01/21/2017 01/21/17 | Sold | $377,000 | -2.1% | $137 / Sq Ft |
12/18/2016 12/18/16 | Pending | -- | -- | -- |
12/07/2016 12/07/16 | Price Changed | $385,000 | -2.4% | $140 / Sq Ft |
11/19/2016 11/19/16 | Price Changed | $394,500 | -0.8% | $143 / Sq Ft |
11/09/2016 11/09/16 | For Sale | $397,500 | -- | $144 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $377,000 | Security Title Agency Inc | |
Trustee Deed | $277,300 | None Available | |
Quit Claim Deed | -- | None Available | |
Warranty Deed | $219,000 | Arizona Title Agency Inc | |
Warranty Deed | $220,000 | Arizona Title Agency Inc | |
Interfamily Deed Transfer | -- | Arizona Title Agency Inc | |
Warranty Deed | $178,000 | Arizona Title Agency Inc | |
Warranty Deed | $169,900 | Chicago Title Insurance Co | |
Warranty Deed | -- | Chicago Title Insurance Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $241,000 | Credit Line Revolving | |
Closed | $322,111 | New Conventional | |
Closed | $327,000 | New Conventional | |
Closed | $339,300 | New Conventional | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $204,000 | Unknown | |
Previous Owner | $214,000 | Seller Take Back | |
Previous Owner | $151,300 | New Conventional | |
Previous Owner | $40,000 | New Conventional |
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6841672

APN: 304-95-518A
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