About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

550 S Oak St, Gilbert, AZ 85233

$689,900

Last sold 04/01/2026 after 63 Days

4
bed
4
bath
3,020
Sqft ($228/Sqft)

House not for sale

About 550 S Oak St

Property type House

Year built 1993

HOA fee $83/month

Lot size 9,470 Sqft

Movoto estimate

Parking 4 garage spaces

Rental estimate

Property description

Welcome to 550 S Oak St, a rare opportunity to own a spacious 3,020 sq ft home in the heart of Gilbert—approximately one mile from everything Downtown Gilbert has to offer. From award-winning restaurants and nightlife to shopping, entertainment, and year-round community events, this location truly puts you in the center of it all. Adding to the appeal, the home is just steps from nearby walking paths and parks, making it easy to enjoy the outdoor lifestyle Gilbert is known for. This property has been thoughtfully enhanced with nearly $100,000 in upgrades, offering both style and peace of mind. Designed with flexibility in mind, the expansive layout features multiple living areas ideal for entertaining, relaxing, or comfortably hosting guests. Whether you're looking for a primary residence, a short- or long-term rental opportunity, or the perfect home for visiting family, this property delivers space, upgrades, walkability, and an unbeatable location in one of Gilbert's most desirable neighborhoods. Homes this close to Downtown Gilbert with this level of upgrades and square footage are rare. Schedule your private showing today and experience the potential firsthand.

Listed by

Listing Agent - Benjamin Veader

Listing Office - eXp Realty

Source: ARMLS

MLS#6979585 • last updated 5 months ago

Movoto checked ARMLS for data 6 minutes ago

Overview
Cooling/AC	Central Air, Ceiling Fan(s)
Heating	Floor Furnace, Wall Furnace
Levels/Style	2
MLS #	6979585
Type	Residential
Virtual Tour	N/A
Status	Closed
SubType	Single Family Residence
SqFt	3020
Lot Size (Acres)	0.22
Lot Size (Sqft)	9470
Property Tax	2345
HOA	Lago Estancia Comm A, 480-844-2224
Builder Name	UDC Homes
HOA Fee	83, Monthly
Year Built	1993

Interior
Total # of Bathrooms	4
# Full Baths	3
# Half Baths	1
Total # of Bedrooms	4
Laundry	Inside
Flooring	Carpet, Stone
Interior Features	Quartz Countertops, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm
Appliances	Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Built-In Electric Oven, Water Purifier
Window Features	Single Pane, Screens, Dual Pane

Exterior
Roof	Tile
Construction	Stucco, Wood Frame
# of Garage Spaces	4
Parking	Attached Garage, Garage Door Opener, Attch'd Gar Cabinets
# of Open Parking Spaces	6
# of Covered Spaces	4
Patio/Porch	Covered Patio(s)
Other Structures	Workshop
Fencing	Block
Lot Features	Natural Desert Back, Grass Front, Synthetic Grass Back

Amenities / Utilities
Water Source	City Water
Sewer/Septic	Public Sewer
Spa	None
HOA Fee Includes	Maintenance Grounds

Location
Subdivision	PARCELS 8 9 OF LAGO ESTANCIA LOT 1-90 TR A-J
Community Features	Lake, Playground, Biking/Walking Path
Elementary School	Gilbert Elementary School
Elementary School District	Gilbert Unified District
Middle School	Mesquite Jr High School
High School District	Gilbert Unified District
High School	Mesquite High School
APN	302-35-094
Directions	Head North On Cooper. Turn Right On W Candlewood Lane. Turn Left On W Lago Blvd. Turn Right On S Oak St To Property.

Lot/ Land Details
Road Responsibility	City Maintained Road
Road Surface	Asphalt

$681K

Range: $619K-$742K

Last 30 days

Rental est.: $2,971/month

• Gross rent multiplier: 19.3

Lower your payment with the loan terms that fit you.

Apr 2026
MLS # 6979585
Apr 1, 2026 Sold
$689,900
Mar 5, 2026 Pending
—
Jan 28, 2026 Listed
$689,900 (+151.8%)
Mar 2026
Public Records
Mar 30, 2026 Sold
$689,900
Feb 2015
MLS # 5202428
Feb 13, 2015 Sold
$274,000
Dec 20, 2014 Price Change
$275,000 (-3.5%)
Dec 15, 2014 Price Change
$285,000 (-4.7%)
Dec 8, 2014 Price Change
$299,000 (-5.1%)
Nov 26, 2014 Price Change
$315,000 (-4.5%)
Nov 20, 2014 Listed
$330,000 (-1.3%)
Nov 13, 2014 Listed
—
Feb 2015
Public Records
Feb 12, 2015 Sold
$274,000 (-0.4%)
Dec 2013
MLS # 2788305
Dec 14, 2013 Cancelled
—
Dec 2013
MLS # 2199086
Dec 14, 2013 Sold
—
Apr 2012
MLS # 2808456
Apr 21, 2012 Cancelled
—
Oct 2004
Public Records
Oct 13, 2004 Sold
$334,500

Year Property taxes Tax assessment
2024
$2,254 -0.7%

$54,300 -5.76%
2023
$2,270 +3.2%

$57,620 +18.51%
2022
$2,200 -5.4%

$48,620 +32.48%
2021
$2,324 +1.7%

$36,700 +6.38%
2020
$2,285 +8.7%

$34,500 +6.65%
2019
$2,102 +3.0%

$32,350 +6.38%
2018
$2,041 +3.6%

$30,410 +7.65%
2017
$1,971 -3.3%

$28,250 +7.54%
2016
$2,037 +10.0%

$26,270
2015
$1,852

—

550 S Oak St
$689K
$629K
85233
$545K -4% y/y
Gilbert
$625K -1% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
536 S Oak St, Gilbert, AZ 85233	$594,000	—/3	2,014	0.01
521 S Catalina St, Gilbert, AZ 85233	$553,000	3/3	2,194	0.02
513 S Catalina St, Gilbert, AZ 85233	$549,000	—/3	2,176	0.02
530 S Oak St, Gilbert, AZ 85233	$755,000	5/—	3,170	0.03
507 S Catalina St, Gilbert, AZ 85233	$523,000	3/3	1,996	0.03
549 S Oak St, Gilbert, AZ 85233	$625,000	3/3	2,014	0.03
557 S Oak St, Gilbert, AZ 85233	$647,000	3/3	2,014	0.03
541 S Oak St, Gilbert, AZ 85233	$762,000	5/—	3,170	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.