2535 E  Penedes Dr, Gilbert, AZ 85298
Property image
Property image
OFF MARKET

$626,700

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,170 sqft

2535 E Penedes Dr, Gilbert, AZ 85298

Freeman Farms
Est. Refi. Payment $3,771/mo*
Refinance Your Home
Currently Off Market - Sold Mar 31, 2015 for $340,000

Home Value

Trulia Estimate
$627K
Since last month
Increased$900 (+0.1%)
Since last year
Increased$25K (+4.2%)
Since last sale
Increased$286K (+84.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +84% in the last 10 years
MonthEstimated value
2026
October 2026$626K
September 2026$630K
August 2026$625K
July 2026$627K
June 2026$634K
May 2026$633K
April 2026$640K
March 2026$644K
February 2026$639K
January 2026$630K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$502,000
02/27/26
3
2.5
2,351
0.10
Single-Family Home
$590,000
05/08/26
3
2.5
2,351
0.17
Single-Family Home
$553,000
09/09/26
4
2.5
2,339
0.09
Single-Family Home
$564,000
01/12/26
4
2
1,762
0.07
Single-Family Home
$780,000
05/19/26
4
2.5
2,880
0.20
Single-Family Home
$715,000
11/14/25
3
2.5
2,507
0.05
Single-Family Home
$720,000
09/16/26
5
3
3,311
0.29
Single-Family Home
$500,000
01/15/26
3
2
1,762
0.29
Single-Family Home
$625,000
10/01/26
3
2
2,249
0.30
Single-Family Home
$584,000
04/03/26
4
2
2,109

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$579,000
4
2.5
2,351
For Sale
0.02
$578,000
Studio
4
2,167
Off Market
0.02
$582,700
3
2.5
2,310
Off Market
0.03
$639,300
5
3
3,083
Off Market
0.03
$782,100
4
3
2,904
Off Market
0.03
$743,300
4
3
3,039
Off Market
0.03
$729,900
4
2.5
3,039
For Sale
0.04
$709,000
4
3
2,728
Off Market
0.04
$663,000
4
2.5
2,339
Off Market
0.04
$631,100
5
3
3,083
Off Market
0.04
$764,900
4
3
2,726
Off Market
0.04
$687,200
4
2
2,866
Off Market
0.05
$720,000
5
3
3,311
Recently Sold
0.05
$845,200
5
3.5
3,969
Off Market
0.05
$621,200
4
3
2,588
Off Market
0.05
$599,200
4
2
1,973
Off Market
0.05
$700,600
4
4
2,741
Off Market
0.05
$912,500
6
4.5
4,481
Recently Sold
0.06
$673,600
5
4
3,769
Off Market
0.06
$585,800
Studio
3
2,249
Off Market

Local Information

  • Map ViewExplore the area around 2535 E Penedes Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2015
2,170 sqft
$289/sqft
Garage

About this House

The Rancho Mirage is a 3 bedroom, split master, and 2 1/2 baths. This great room plan has many room options available including a dual master. Check out the large laundry/hobby room.
2535 E Penedes Dr, Gilbert, AZ 85298 is a 3 bedroom, 3 bathroom, 2,170 sqft single-family home in Freeman Farms, built in 2015. It last sold for $340,000 on Mar 31, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $626,700, with a rent estimate of $2,920/month.

Home Details for 2535 E Penedes Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Refrigerator

Exterior Features

Exterior Home Features
Roof: TileExterior: StuccoPatio
Pool
Pool
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7200 sqft

Price and Tax history

DateEventPrice
Mar 31, 2015
Source: ARMLS #5213791
Sold
$340,000
Dec 24, 2014
Source: Agent Provided
Listed For Sale
$369,796

Market trends in Gilbert

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$575K
$1.5K
MoM
Sale-to-List Price
98.8%
0.1%
MoM
Price per sq ft
$279
$0
MoM
Available listings
1109
4
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Freeman Farms

This October

Trick-or-Treat Score

Built from what locals say about Freeman Farms.
  • 100% say there are sidewalks
  • 65% say neighbors are friendly
  • 63% say there's holiday spirit
Trulia Trick or TreatStart Ghost Hunt
At least 4 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say there are sidewalks

  • 100 % Say streets are well-lit

  • 100 % Say parking is easy

  • 89 % Say it's quiet

  • 88 % Say yards are well-kept

  • 75 % Say people would walk alone at night

  • 71 % Say they plan to stay for at least 5 years

  • 67 % Say car is needed

  • 65 % Say neighbors are friendly

  • 63 % Say there's holiday spirit

  • 57 % Say there's wildlife

  • 50 % Say there are community events

  • 40 % Say kids play outside

  • 33 % Say it's walkable to restaurants

  • 22 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Charles S.
    "Another Fulton Homes community that is just that, a community. I know most of my neighbors and I can feel at ease knowing that everybody is watching out for each other. Close to excellent schools in two open districts, library, shopping, and some entertainment. Parks in the city are a bit far but that will change as developments come in."

LGBTQ Local Legal Protections

Frequently asked questions about 2535 E Penedes Dr

  • What is 2535 E Penedes Dr estimated to be worth?
    Trulia's estimated value for 2535 E Penedes Dr in Gilbert, AZ is $626,700.
  • What is the price history for 2535 E Penedes Dr?
    2535 E Penedes Dr in Gilbert, AZ last sold for $340,000 in March 2015.
  • Is Gilbert a buyer's or seller's market?
    Gilbert is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Gilbert?
    The median sale price in Gilbert is $575K. That is up $1.5K from the prior month.
  • Does 2535 E Penedes Dr have air conditioning?
    Yes, 2535 E Penedes Dr in Gilbert, AZ has air conditioning.
  • Does 2535 E Penedes Dr have a pool?
    Yes, 2535 E Penedes Dr in Gilbert, AZ has a pool.

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