2949 Terrace Ave
Gilbert, AZ 85234
3 bd 2 ba 1,696 sqft Built 1998 Lot 5,502 sqft single_family
Most recent sale
$512,500
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2022 | Sold | $512,500 | MLS #6379919 |
| Apr 8, 2022 | Listed | $515,000 | MLS #6379919 |
| Apr 22, 2015 | Sold | $235,000 | Public Record |
| Mar 10, 2015 | Listed | $235,000 | MLS #5248085 |
| May 6, 2004 | Sold | $179,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $39,500 | $1,958 |
| 2024 | — | — | $39,500 | $1,887 |
| 2023 | — | — | $42,100 | $1,978 |
| 2022 | $21,570 | $5,390 | $26,960 | $1,923 |
| 2021 | $20,270 | $5,060 | $25,330 | $1,684 |
| 2020 | $18,830 | $4,700 | $23,530 | $1,657 |
| 2019 | $17,270 | $4,310 | $21,580 | $1,524 |
| 2018 | $16,020 | $4,000 | $20,020 | $1,478 |
| 2017 | $14,890 | $3,720 | $18,610 | $1,429 |
| 2016 | $14,410 | $3,600 | $18,010 | $1,479 |
| 2015 | $14,010 | $3,500 | $17,510 | $1,310 |
| 2014 | $11,090 | $2,770 | $13,860 | $1,377 |
| 2013 | $9,290 | $2,320 | $11,610 | $1,249 |
| 2012 | $9,940 | $2,480 | $12,420 | $1,337 |
| 2011 | $11,130 | $2,780 | $13,910 | $1,254 |
| 2009 | $16,210 | $4,050 | $20,260 | $1,591 |
| 2008 | $19,720 | $4,930 | $24,650 | $1,624 |
| 2007 | $18,560 | $4,640 | $23,200 | $1,481 |
Property facts
Year built
1998
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,696 sqft
Lot size
5,502 sqft
ZIP code
85234
City
Gilbert
Street
Terrace Ave
Coordinates
33.37798, -111.72797
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,629
Gross rental yield
6.16%
Implied cap rate
4.00%
Trend-extrapolated value
—
Frequently asked questions
When did 2949 Terrace Ave last sell?
2949 Terrace Ave most recently sold on May 13, 2022 for $512,500.
What is the current tax assessment for 2949 Terrace Ave?
The most recent total assessment for 2949 Terrace Ave (year 2025) is $39,500 with $1,958 in property tax.
How does 2949 Terrace Ave's assessment compare to its last sale price?
The current assessment is 92.3% below the last sale price of $512,500.
When was 2949 Terrace Ave built?
2949 Terrace Ave was built in 1998.
How does 2949 Terrace Ave compare to others on Terrace Ave?
We track 8 other properties on Terrace Ave. Browse the list under "Other properties on Terrace Ave" to compare beds, baths, and sale history.
What are the property facts for 2949 Terrace Ave?
2949 Terrace Ave is a 3 bed, 2 bath, 1,696 sqft, 5,502 sqft lot single_family.
Is 2949 Terrace Ave a flip candidate?
No — 2949 Terrace Ave does not appear in our flips dataset.
Is 2949 Terrace Ave a tax-appeal candidate?
No — 2949 Terrace Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-5.0%
2026 Q3
$574.8K
2026 Q4
$567K
ZIP 85234 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ave