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3990 E Olive Ave, Gilbert, AZ, 85234

3beds
2baths
0sqft
$454,000
--price/sqft
$2,803/moest. monthly cost
$112,120/yrincome needed

About This Home

Buy this home and if YOU ARE NOT SATISFIED with your purchase in the first 12 Months I'LL BUY IT BACK or SELL IT FOR FREE. NO GIMMICKS! For more information on this Exclusive Buyer Protection Plan, call the listing agent directly. *Bonus 1 Don't get stuck owning two homes. BUY THIS HOME and I'LL BUY YOURS! If you're looking to buy a home but have one to sell, you're finding yourself in the same dilemma that most homeowners find themselves in. We can help! To discuss the details of this incredible option or for a free report on this exclusive offer, call the listing agent directly. Welcome to your new home in the fantastic location in Gilbert at the El Dorado community! Fresh interior paint welcomes any style of décor in the lovely open concept floorplan. The kitchen has beautiful granite countertops, and you will enjoy the relaxing fireplace in the living room. The home is situated on an incredible oversized lot that offers so much that you can create it to be and has a shed for your storage needs. The entire house has tiled floors that you will surely appreciate. All are located near great schools, shopping, and dining areas!

Getting Around

35
WalkingCar-Dependent
26
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

8/10
7/10
Highland High SchoolGrades 8-120.4 mi
8/10
Highland Jr High SchoolGrades 6-81.3 mi

Construction

Materials

  • Roof: Tile
  • Construction materials: Frame,Stucco Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Refrigerator,Microwave,Oven

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 1,537

Heating & Cooling

  • Heating features: Gas,Forced Air
  • Cooling features: Central

Interior Area

  • Total structure area: 1,537

Property

Details

  • Parcel number: 30415339
  • Lease amount: 0

Features

  • Stories: 1

Lot

  • Lot size: 8,947 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,295$27,540
Home Insurance $126$1,512
Property Taxes $166$1,992
Electricity $216$2,603
Total$2,803$33,636

Income You'd Need if You Spent...

35% on housing$96,102/yr
40% on housing$84,090/yr
45% on housing$74,746/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 85234$259
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85234$287
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-13Price change$454,000
2026-02-27Price change$460,000
2026-02-13Price change$465,000
2026-01-12Listed for sale$475,000
2015-06-18Sold$226,000
2015-05-08Pending sale$239,900
2015-04-28Listed for sale$239,900
2013-04-30Sold$177,000
1998-02-27Sold$123,793

For Sale by Agent

AgentCarol Royse
BrokerageYour Home Sold

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