$515,000

494 W Midland Ln Gilbert, AZ 85233

$6,116
Closing credit¹
2 beds
2 baths
1,662 sqft
0.1 acres
$310 / sqft
House

Property details

About 494 W Midland Ln

Welcome to this beautiful 2-bedroom, 2-bathroom home with a den, offering 1,662 sqft of comfortable living space. The open layout features a spacious great room, a well-appointed kitchen, and a cozy dining area. The primary suite includes a walk-in closet and private bath. Step outside to a backyard oasis with a sparkling pool and low-maintenance turf. Conveniently located near shopping, dining, freeway access, and just minutes from Downtown Gilbert. This is a must-see!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCeiling Fan(s)
Size1,662 sqft
Lot size0.15 Acres
Year built1999
ParkingDir Entry frm Garage
MLS #6826544
Garage2 spaces
Private poolYes

Summary

  • MLS Number: 6826544
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: ProSmart Realty
  • Office Phone: (480) 540-2213
  • Office Email: mike@prosmartrealty.com
  • Listing Agent: Andrew Shammo

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© 2025 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: 3/14/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

single story home featuring an attached garage, concrete driveway, and stucco siding

$515,000

494 W Midland Ln

$6,116

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 17, 2020
Home Sold
$372,000
Nov 15, 2018
Home Sold
$298,000
Jun 25, 2003
Home Sold
$176,900
Feb 16, 2000
Home Sold
$151,160
Oct 15, 1998
Home Sold
$1,001,000

Tax history

YearAssessmentProperty Tax
2024$42,800$1,601
2023$35,570$1,548
2022$27,050$1,630
2020$23,150$1,606
2019$21,270$1,438
2017$18,280$1,389

History based on county public records data.

Nearby schools

4

Gilbert Elementary School

Public District PK-6

0.5 mi

175 W Elliot Rd

6

Playa del Rey Elementary School

Public District PK-6

1.1 mi

550 N Horne St

7

Burk Elementary School

Public District PK-6

1.2 mi

545 N Burk St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $78,125. Residents of Gilbert, AZ typically earn between $35k-100k each year. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

3%
<35k
74%
35k-100k
23%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

24%
Single, No Kids
9%
Single, with Kids
24%
Married, No Kids
43%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
11%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 494 W Midland Ln

This home is located at 494 W Midland Ln in Gilbert, AZ and zip code 85233 in the Neely Ranch neighborhood. This 1,662 square foot home, which was built in 1999, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $515,000.

Over 24 listings were sold over their listed price in February 2025 in Gilbert, AZ. In the same period over 132 listings were sold below the listed price and 53 listings were sold for the listed price. Between January and February 2025, Gilbert, AZ real estate market has seen increase in the number of listings by 9.9%. The median list price of listings available in February 2025 was $584,591, while the average time on the real estate market was 68 days.

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

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