2740 E RAKESTRAW Lane, Gilbert, AZ 85298
Property image
Property image
SOLD
MAR 31, 2026

$661,400

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,109 sqft

2740 E RAKESTRAW Lane, Gilbert, AZ 85298

Freeman Farms
Est. Refi. Payment $3,736/mo*
Refinance Your Home
Currently Off Market - Sold Mar 31, 2026 for $655,000 (0% below list price)

Home Value

Trulia Estimate
$661K
Since last month
Increased$4K (+0.6%)
Since last year
Increased$35K (+5.6%)
Since last sale
Increased$7K (+1.1%)
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 +103% in the last 10 years
MonthEstimated value
2026
August 2026$662K
August 2026$662K
July 2026$658K
June 2026$655K
May 2026$655K
April 2026$653K
March 2026$648K
February 2026$654K
January 2026$623K
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
0.19
Single-Family Home
$632,000
08/21/26
4
2
2,109
0.21
Single-Family Home
$584,000
04/03/26
4
2
2,109
0.40
Single-Family Home
$564,000
01/12/26
4
2
1,762
0.25
Single-Family Home
$890,000
03/27/26
4
2.5
2,692
0.21
Single-Family Home
$715,000
04/15/26
5
2.5
2,890
0.27
Single-Family Home
$795,000
09/03/26
4
2.5
2,692
0.42
Single-Family Home
$839,000
05/22/26
4
2.5
2,708
0.47
Single-Family Home
$590,000
05/08/26
3
2.5
2,351

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
0.03
$770,000
5
3
3,083
For Sale
0.07
$615,000
4
2
2,109
For Sale
0.05
$585,000
3
2
2,109
For Sale
0.02
$737,100
4
3
3,292
Off Market
0.12
$562,900
3
2
2,249
Off Market
0.10
$615,900
3
2
2,424
Off Market
0.13
$598,300
3
2
2,109
Off Market
0.15
$664,600
3
2
2,109
Off Market
0.15
$621,300
3
2
2,249
Off Market
0.17
$721,800
4
3
3,083
Off Market
0.18
$826,700
5
3
2,467
Off Market

Local Information

  • Map ViewExplore the area around 2740 E RAKESTRAW Lane.
  • Schools1 Preschool School1 Elementary School3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2009
2,109 sqft
$311/sqft
Garage
HOA $108/mo

About this House

Gorgeous salt pool home in Freeman Farms! The manicured landscape, 3-car garage & RV gate are just the beginning. Fall in love with the bright and inviting interior, showcasing tile flooring, tons of natural light, arched passageways, and stylish neutral tones. The open concept kitchen is complete with staggered cabinets adorned with crown molding, beautiful granite countertops, a walk-in pantry, SS appliances, and an island with a breakfast bar, perfect for entertaining. The tranquil main retreat offers a full bathroom with double sinks and a practical walk-in closet. You'll have year-round entertainment in the backyard, featuring a covered patio, elegant travertine pavers, a play area, perfect for a playground, with a waterfall pool to enjoy AZ weather! What's not to love? Make it yours!
2740 E RAKESTRAW Lane, Gilbert, AZ 85298 is a 4 bedroom, 2 bathroom, 2,109 sqft single-family home in Freeman Farms, built in 2009. It last sold for the $658,000 asking price on Mar 31, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $661,400, with a rent estimate of $2,897/month.
Last check for updates: about 6 hours ago
Listed by Susan Lynn Bermudez, (480) 631-9498
Simply Real Estate
Jessica Houlihan, (602) 691-5759
Simply Real Estate
Bought with: Stephen Penrod, (520) 904-5348, Tierra Antigua Realty, LLC
Source: ARMLS, MLS#6987596
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 2740 E RAKESTRAW Lane

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2109 Square Feet
Appliances & Utilities
Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas RangeDishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Spa: NoneNo Fireplace
Windows, Doors, Floors & Walls
Window: Low Emissivity Windows, Solar Screens, Double Pane WindowsFlooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Accessibility: Bath Lever FaucetsFloors: Carpet, Tile
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: Covered, PatioFencing: BlockHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 3No CarportHas a GarageHas Open ParkingParking Spaces: 6Parking: Tandem Garage,RV Gate,Garage Door Opener,Direct Access
Pool
Pool: Variable Speed Pump, Play PoolPool
Frontage
Responsible for Road Maintenance: City Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 40

Property Information

Year Built
Year Built: 2009
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property
Property Information
Usage of Home: NoneParcel Number: 30470377

Price & Status

Price
List Price: $658,000Price Per Sqft: $311/sqft
Status Change & Dates
Off Market Date: Wed Apr 01 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: FREEMAN FARMS PHASE 2 PARCEL 2
School Information
Elementary School: Coronado Elementary SchoolElementary School District: Higley Unified School DistrictJr High / Middle School: Cooley Middle SchoolHigh School: Williams Field High SchoolHigh School District: Higley Unified School District

Building

Building Details
Builder Name: Fulton
Building Area
Building Area: 2109 Square Feet

Community

Community Features: Lake, Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Trestle ManagementHOA Phone: 480-422-0888Has an HOAHOA Fee: $324/Quarterly

Lot Information

Lot Area: 6900 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6987596

Additional Information

LakePlaygroundBiking/Walking Path

Price and Tax history

DateEventPrice
Mar 31, 2026
Source: ARMLS #6987596
Sold
$655,000
Feb 20, 2026
Source: ARMLS #6987596
Listed For Sale
$658,000
Apr 16, 2024
Source: ARMLS #6450290
ListingRemoved
$649,900
Dec 13, 2023
Source: ARMLS #6450290
ListingRemoved
Apr 28, 2023
Source: ARMLS #6514583
Sold
$635,000

Market trends in Gilbert

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$574K
$4.67K
MoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0
MoM
Available listings
1109
12
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Freeman Farms

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 2740 E RAKESTRAW Lane

  • What is 2740 E RAKESTRAW Lane estimated to be worth?
    Trulia's estimated value for 2740 E RAKESTRAW Lane in Gilbert, AZ is $661,400.
  • What is the price history for 2740 E RAKESTRAW Lane?
    2740 E RAKESTRAW Lane in Gilbert, AZ last sold for $655,000 in March 2026.
  • 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 $574K. That is up $4.67K from the prior month.
  • Does 2740 E RAKESTRAW Lane have air conditioning?
    Yes, 2740 E RAKESTRAW Lane in Gilbert, AZ has air conditioning.
  • Does 2740 E RAKESTRAW Lane have a pool?
    Yes, 2740 E RAKESTRAW Lane in Gilbert, AZ has a pool.

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