513 W SILVER CREEK Road, Gilbert, AZ 85233, Gilbert, 85233 - 3 bed, 2 bath
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Gilbert, AZ 85233
This Well-Maintained Single-Family Residence is a Strong Value Opportunity, listed at $529,500—positioned below the $551,480 Fair Market Value by 3%. This valuation gap provides $21,980 in Instant Equity. Boasting a Condition Rating of 3, the home features a Quartz Kitchen, high-efficiency HVAC, and a massive 50x10 covered patio. Located in the "No HOA" Madera Parc near Downtown Gilbert, it offers proximity to Gilbert Elementary and Mesquite Jr High. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset in a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 513 W SILVER CREEK Road Subject | $519,500* List Price | 3 | 2 | 2,058 | $254 | - |
A 638 W Sierra Madre Avenue Sold | $540,000 | 3 | 2 | 2,058 | $262 | 0.2 mi |
B 201 W SMOKE TREE Road Sold | $430,000 | 4 | 2 | 2,014 | $214 | 0.5 mi |
C 507 W SIERRA MADRE Avenue Sold | $560,000 | 4 | 3 | 2,182 | $257 | 0.0 mi |
D 507 W Sierra Madre Avenue Sold | $560,000 | 4 | 3 | 2,182 | $257 | 0.0 mi |
E 518 S QUAIL Lane Sold | $510,000 List Price | 3 | 2 | 1,642 | 0.5 mi | |
F 1042 W BRUCE Avenue Sold | $669,990 | 4 | 3 | 2,118 | $316 | 0.7 mi |
G 843 W BRUCE Avenue Active | $629,999 List Price | 4 | 3 | 2,146 | $294 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1995-built home is move-in ready and exceptionally well-maintained. While it retains some original features like oak cabinetry and fluorescent kitchen lighting, it has been thoughtfully updated with newer quartz countertops, newer appliances, and a 9-year-old high-efficiency HVAC system. The property shows minimal wear and tear, with clean 18-inch tile flooring and well-kept carpets, fitting the criteria for a well-maintained home where major systems are functional and within their expected lifespan.
Situated in the desirable Madera Parc with no HOA fees, this home offers a perfect blend of suburban peace and urban convenience, located just minutes from the vibrant shops and restaurants of the Downtown Gilbert District.
The property features a North/South orientation, a high-efficiency 5-ton HVAC system with improved airflow, dual-pane windows, and an R15 insulated garage, significantly reducing utility costs in the Arizona climate.
A massive 50x10 covered patio with three ceiling fans and a private backyard featuring a producing orange tree and stucco block walls provides an ideal space for year-round outdoor entertainment.
While the kitchen features newer quartz countertops, the home retains some original 1995 elements and significant carpeted areas in the living rooms and bedrooms that may require modernization to meet contemporary tastes.
The assigned public schools currently hold mid-range ratings (4/10), which may be a consideration for families specifically seeking the top-tier school performance often associated with the Gilbert area.
This impeccably maintained home is awaiting your personal touches. Imagine living in the highly sought Madera Parc (No HOA) just minutes from the vibrant Downtown Gilbert District with it's shops, restaurants & entertainment venues. Centrally located between the US 60 & the San Tan Loop 202 plus near the loop 101 giving you easy access to Chandler, Tempe, Scottsdale & Sky Harbor Airport & all they offer. Perfect blend of urban & suburban lifestyle. Charming semi updated customized home with spacious kitchen w/newer Quartz counters/appliances; lg breakfast bar/walk-in pantry/more. Lavish use of 18'' tile. Energy Efficiency improved with 5 ton 14 Seer HVAC system 9 yrs old which included adding another return for better airflow, comfort & lower AC bills. Split floorplan; lg secondary BDRM one w/walk-in closet, numerous cabinets/more. Owner Suite w/vaulted ceiling, lg walk-in closet/space galore. Garage w/finished R15 insulated walls/door for temp control. Special bkyd w/custom stucco blk walls, orange tree, 50x10 covered patio w/3 ceiling fans great to enjoy the AZ outdoor lifestyle. There is such a community feel that the Sellers will miss their neighbors!!! WHAT'S SPECIAL ABOUT THIS HOME Move-In Ready - beautiful home located in the Madera Parc Community with great curb appeal " Builder: Lennar Homes, leading home builder since 1954 " Home is North / South facing with backyard facing south allowing lower winter sun to warm up the home " Upgraded front entrance with covered walkway " Energy Efficient A/C unit with added return providing improved air flow throughout home for lower utility bills " Open / Split Floorplan " 18" tile in entry walkway, kitchen, 3rd bedroom & utility room (living room, family room, MBRM and 2nd bedroom are carpeted) Front Security door Open / Split Floorplan White wood blinds throughout Dual pane windows throughout, including patio sliding glass door Abundance of electrical outlets throughout the home Inside laundry room with overhead cabinets Large Living Room with vaulted ceiling and planter shelf Family Room with wood burning fireplace Sliding glass door w/screen to backyard " Spacious kitchen w/ abundance of cabinets/newer quartz countertops including breakfast bar & corner desk area for extra storage " Large walk-in pantry Large master bedroom with vaulted ceiling and planter shelf Shower, toilet and spacious linen closet as well as cabinet above toilet, separate from vanity area Spacious walk-in closet with 7 drawer / 2 shelf unit for extra storge Large second / third bedrooms, one with walk-in closet, bubble lighting, wall-to-wall cabinets Guest bathroom with tub & shower " Garage is positioned on west side of home to buffer the hot westerly sun " Finished R15 insulated walls along with insulated garage door " New garage door opener - Nov 2025 Shelving / overhead storage " Low maintenance front / back yards (landscape plastic under granite to minimize any weed build up " 50x10 covered patio with 3 overhead ceiling fans / lighting " Stucco block wall with decorative tile " Beautiful producing orange tree - oranges are so juicy " Gutters front & across entire 10x50 covered patio in back " Storage shed on west end of Patio Newer side gates Tile Roof Water faucets at each end of the house Within close proximity of downtown Gilbert with a variety of eating places and The Hale Theatre Top-rated Gilbert schools; nearby grocery stores / shops Wonderful neighbors
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 6-8 • 0.4 mi
Grades 8-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,058 | 1,963 | 58% |
| Lot Size | 5,998 | 7,139 | 29% |
| Price | $519.5K | $443.0K | 64% |
| Price per sq ft | $252 | $230 | 53% |
| Built year | 1995 | 1994 | 55% |
| HOA | $0 | $100 | 11% |
| Days on market | 57 | 2291 | 1% |
Apr 16, 2026
$519,500
$529,500
-2% Price Drop
Initial Listing
Feb 24, 2026
$529,500
Initial Listing