3496 E MERRILL Avenue, Gilbert, AZ 85234, Gilbert, 85234 - 5 bed, 3 bath
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Gilbert, AZ 85234
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $680,000—positioned well below the $681,709 Fair Market Value by 0.25%. This property offers $1,709 in Instant Equity. Featuring a Good Condition Rating, the home includes recent HVAC updates, new carpet, and a Granite Kitchen. Located near Top-Rated Schools like Carol Rae Ranch Elementary, it provides a stable, move-in-ready environment. This is an ideal acquisition for Owner-Occupants seeking a family-oriented lifestyle or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3496 E MERRILL Avenue Subject | $680,000* List Price | 5 | 3 | 3,513 | $194 | - |
A 3648 E CODY Avenue Sold | $530,000 | 4 | 3 | 2,301 | $230 | 0.4 mi |
B 4266 E MILLBRAE Lane Sold | $630,000 | 6 | 3 | 2,772 | $227 | 1.0 mi |
C 3535 E TERRACE Avenue Sold | $580,000 | 4 | 3 | 2,623 | $221 | 0.2 mi |
D 3448 E MERRILL Avenue Active Under Contract | $649,900 List Price | 5 | 3 | 3,513 | $185 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), the property falls squarely into the 'Good' category. It is well-maintained and move-in ready with significant recent updates including HVAC units less than 2 years old and new carpeting. The kitchen features granite countertops and double ovens, and while the cabinetry reflects the original build era, the overall condition and system updates meet the criteria for a functional, well-maintained home.
The home features brand new carpeting and A/C units less than two years old, providing significant value and peace of mind regarding major maintenance items in the Arizona climate.
With over 3,500 square feet, five bedrooms, and three distinct living areas including a massive loft, this property offers a versatile and expansive floor plan ideal for large families or multi-generational living.
Situated in the desirable Cameron Ranch subdivision, the property is minutes from the US-60 and within walking distance to top-rated schools like Carol Rae Ranch Elementary.
The conversion of the third garage bay into an air-conditioned workshop reduces the available covered parking for vehicles, which may be a drawback for buyers requiring a full three-car garage.
The substantial 3,513 square foot home sits on a 6,600 square foot lot, resulting in a smaller backyard footprint and closer proximity to neighboring properties compared to other homes of this scale.
This spacious home is situated in one of the most sought after locations packed with top rated schools just minutes from the 60. With A/C units less than 2 years old and new carpet this home is move-in-ready. The previous owners loved the massive amounts of storage in the home and converted the 3rd car garage into an air conditioned workshop. The extended primary bedroom comes with 2 large walk-in closets and a sitting space perfect for your library. There are 3 living areas including the very large loft. The kitchen boasts granite countertops, a double oven, and beautiful wood cabinets. With charming lighting and grass in the backyard, this home is ready for hosting and friends. Priced to sell, you will want to come see this one quick.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 2.0 mi
Grades 8-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,513 | - |
| Lot Size | 6,600 | - |
| Price | $680.0K | $554.5K |
| Price per sq ft | $194 | $287 |
| Built year | 2007 | 0 |
| HOA | $86 | $0 |
| Days on market | 5 | 2717 |
Jul 18, 2026
$680,000
Initial Listing