Matthew Holloway and Carolina Holloway sold a three-bedroom, two-bath home at 624 E. Iris Lane, in Gilbert, to Matthew C. Nissen for $227,500 on March 31. The one-story home has 1,683 square feet of living space.

Built in 1999, the home is located in the Gilbert Central neighborhood of Gilbert. One hundred-sixteen similar homes in this neighborhood sold for between $200,000 and $237,000 during the past year.

According to BlockShopper, there have been 3,812 home sales in Gilbert during the past 12 months with a median sale price of $239,000.

Address: 624 East Iris Lane
Buyer(s): Matthew C Nissen
Seller(s): Matthew Holloway and Carolina Holloway
Sale date: Mar. 31, 2014