new - 1 day on rocket

2506 E Melrose St, Gilbert, AZ, 85297

$2,050,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Baths
4,321 SqFt
$474/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2506 E Melrose St, Gilbert$2,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingElectric Door Opener, Extnded Lngth Garage, RV Gate, Side Vehicle Entry, Temp Controlled, RV Access/Parking
Garage3 spaces
Year Built1999
HeatingCeiling, ENERGY STAR Qualified Equipment, Propane
CoolingCeiling Fan(s)
Fireplace1 Fireplace
Private PoolYes
MLS #6795951
Lot Size1.10 Acres
StatusActive

About 2506 E Melrose St

Highly sought after Gilbert neighborhood on over an Acre lot. INDOOR Pickleball, basketball court, insulated, climate controlled. Custom pool with water feature. Hot Tub, Fire Pit, RV Parking, Raised garden area , Remodeled kitchen and bathrooms in 2019, Pebble Ice Maker, Double Sink, Double Stove, Surround Sound, Central Vac, Full Video Surveillance System, Upgraded Lighting throughout, Huge Play Yard, Mature Shade Trees and Fruit Trees, Built in BBQ, Outdoor Pool Shower, Laundry Stack in Master Closet, Steam Shower, Private end of street lot, Built in Garage Cabinets, Custom Trim, Fireplace, Extra Storage Throughout, Mother in Law Suite Option, Flood Irrigation and new sprinklers, Granite Counters. Large Office. RV Parking, two additional sheds. NO HOA! Thermador Professional Applian

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1999
  • Stories: 2
  • Living Area: 4,321 SqFt

Listing Office:

  • Office Name: Affinity Home Assets LLC
  • Office Phone: (480) 382-7183
  • Listing Agent: Shane Anderson

Interior Features

Interior Information:

  • Flooring Type: Carpet, Stone, Tile
  • Interior: Master Downstairs, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Private Pickleball Court(s), Circular Drive, Covered Patio(s), Patio, Sport Court(s), Storage, Tennis Court(s), Built-in Barbecue

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Electric Door Opener, Extnded Lngth Garage, RV Gate, Side Vehicle Entry, Temp Controlled, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front
  • Lot Size: 1.10 Acres

Utilities

Utilities Information:

  • Heating: Ceiling, ENERGY STAR Qualified Equipment, Propane
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: East on Germann. First left on 162nd St. (north) to Melrose. Left on Melrose (west) to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,050,000
  • Price Per SqFt: $474/SqFt

Tax Information:

  • Annual Amount: $5,810
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Gilbert, AZ.

Map thumbnail provided by MapBox

Gilbert, AZ

City

Med. Sold Price

$586.6K

Med. Price/SqFt

$287

Avg. Days On Market

61

# of Sold Homes

207

2506 E Melrose St vs Gilbert

1 DAY ON ROCKET

-60 Days

$2,050,000

+$1.4M More

$474/SqFt

+$186 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $186/SqFt more than other homes in Gilbert, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6795951

Listing Office:

  • Office Name: Affinity Home Assets LLC
  • Office Phone: (480) 382-7183
  • Listing Agent: Shane Anderson

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2019Home Sold
$1,246,450
Mar 15, 2016Home Sold
$725,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,810$74,950
2020$5,889$71,660
2019$4,922$70,020
2017$4,739$48,050

History based on county public records data.

Payment Calculator

$10.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,213

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-698927
9
/10

  • San Tan Elementary School

  • 3443 E Calistoga Dr

  • 1.26 miles

  • Public District Grades KG-6

school-card-donut-698928
8
/10

  • Coronado Elementary School

  • 4333 S Deanza Blvd

  • 1.45 miles

  • Public District Grades KG-6

school-card-donut-698929
9
/10

  • Quartz Hill Elementary School

  • 3680 S Quartz St

  • 1.45 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,318. The majority of Gilbert, AZ residents have income between $35k-100k annually. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Gilbert, AZ

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Gilbert, AZ?

Gilbert's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartments and townhouses. The architectural styles vary, with a prevalence of contemporary and ranch-style homes reflecting the area's growth spurt in the late 20th and early 21st centuries. The homeownership rate is high, with a significant majority of residents owning their homes, while the remainder of the population resides in rental properties.

Is Gilbert, AZ a good place to live?

Gilbert is celebrated for its family-friendly atmosphere and community-oriented lifestyle. The town prides itself on its well-maintained parks, recreational facilities, and a calendar filled with community events and festivals that showcase local traditions and foster a strong sense of belonging among residents.

Are things conveniently located in Gilbert, AZ?

The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare is accessible through local clinics and a regional hospital equipped with various specialized services. Gilbert also features a network of public libraries and a vibrant retail and dining scene that mirrors the town's cultural diversity.

What does the transportation in Gilbert, AZ look like?

Transportation in Gilbert includes a mix of private and public transit options, with local bus services operating on a set schedule. The town is characterized by areas of high walkability, particularly around the downtown core, and has made investments in bike lanes to encourage cycling. Major roads and highways connect Gilbert to neighboring cities, facilitating commuting and regional travel.

Frequently Asked Questions About 2506 E Melrose St

What is the listing price of this property?

The listing price of 2506 E Melrose St property is $2,050,000.

What type of property is this?

The property 2506 E Melrose St is a house located in Gilbert, Arizona, 85297.

Is this property for sale now?

Active Listing: 2506 E Melrose St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,810 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 7, 2019 for $1,246,450. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2506 E Melrose St has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 2506 E Melrose St is 4,321 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2506 E Melrose St is 1999.

Rocket Homes›Arizona›Maricopa County›Gilbert›85297›2506 E Melrose St

This home is located at 2506 E Melrose St in Gilbert, AZ and zip code 85297. This 4,321 square foot home, which was built in 1999, sits on a 1.10 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $2,050,000.

In November 2024, from all listings sold in Gilbert, AZ there were more than 28 sold above asking price, over 133 sold below and more than 46 were sold right at the asked price. In November 2024 in Gilbert, AZ there were 3.1% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $586,666, while the average time on the real estate market was 61 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources