Is parking easy in Carol Rae Ranch, Gilbert, AZ?

As of early 2026, 100% of users say parking is easy

Does Carol Rae Ranch, Gilbert, AZ have sidewalks?

As of early 2026, 100% of users say there are sidewalks

Does Carol Rae Ranch, Gilbert, AZ show holiday spirit?

As of early 2026, 92% of users say there's holiday spirit

Is Carol Rae Ranch, Gilbert, AZ dog-friendly?

As of early 2026, 92% of users say it's dog friendly

Is a car needed in Carol Rae Ranch, Gilbert, AZ?

As of early 2026, 88% of users say car is needed

Are the streets well-lit in Carol Rae Ranch, Gilbert, AZ?

As of early 2026, 88% of users say streets are well-lit

Is Carol Rae Ranch, Gilbert, AZ walkable to restaurants?

As of early 2026, 80% of users say it's walkable to restaurants

Are yards well-kept in Carol Rae Ranch, Gilbert, AZ?

As of early 2026, 80% of users say yards are well-kept

Is Carol Rae Ranch, Gilbert, AZ quiet?

As of early 2026, 73% of users say it's quiet

Do kids play outside in Carol Rae Ranch, Gilbert, AZ?

As of early 2026, 69% of users say kids play outside

Would people walk alone at night in Carol Rae Ranch, Gilbert, AZ?

As of early 2026, 67% of users say people would walk alone at night

Are neighbors friendly in Carol Rae Ranch, Gilbert, AZ?

As of early 2026, 61% of users say neighbors are friendly

Is there wildlife in Carol Rae Ranch, Gilbert, AZ?

As of early 2026, 33% of users say there's wildlife

Are there community events in Carol Rae Ranch, Gilbert, AZ?

As of early 2026, 33% of users say there are community events

Is Carol Rae Ranch, Gilbert, AZ walkable to grocery stores?

As of early 2026, 21% of users say it's walkable to grocery stores

What is 3940 E Cody Ave estimated to be worth?

Trulia's estimated value for 3940 E Cody Ave in Gilbert, AZ is $490,400 .

What is the price history for 3940 E Cody Ave?

3940 E Cody Ave in Gilbert, AZ last sold for $259,900 in December 2016.

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 3940 E Cody Ave have air conditioning?

Yes, 3940 E Cody Ave in Gilbert, AZ has air conditioning.

How big is the lot at 3940 E Cody Ave?

The lot at 3940 E Cody Ave in Gilbert, AZ is about 0.16 acres (7,122 sq ft).

OFF MARKET

$490,400

Trulia Estimate

3 Beds
2 Baths
1,884 sqft

3940 E Cody Ave, Gilbert, AZ 85234

Carol Rae Ranch

Est. Refi. Payment $2,959/mo*

Refinance Your Home

Currently Off Market - Sold Dec 9, 2016 for $259,900

Home Value

Trulia Estimate

$490K

Since last month

$1K (-0.2%)

Since last year

$9K (-1.8%)

Since last sale

$229K (+88.2%)

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 +89% in the last 10 years

Month	Estimated value
2026
October 2026	$489K
September 2026	$489K
August 2026	$490K
July 2026	$489K
June 2026	$496K
May 2026	$496K
April 2026	$498K
March 2026	$503K
February 2026	$502K
January 2026	$490K
2025
December 2025	$494K
November 2025	$497K
October 2025	$501K
September 2025	$498K
August 2025	$494K
July 2025	$504K
June 2025	$507K
May 2025	$506K
April 2025	$508K
March 2025	$507K
February 2025	$504K
January 2025	$498K
2024
December 2024	$500K
November 2024	$503K
October 2024	$513K
September 2024	$508K
August 2024	$508K
July 2024	$512K
June 2024	$513K
May 2024	$517K
April 2024	$514K
March 2024	$514K
February 2024	$509K
January 2024	$499K
2023
December 2023	$500K
November 2023	$505K
October 2023	$510K
September 2023	$512K
August 2023	$507K
July 2023	$507K
June 2023	$502K
May 2023	$490K
April 2023	$487K
March 2023	$482K
February 2023	$475K
January 2023	$471K
2022
December 2022	$471K
November 2022	$486K
October 2022	$504K
September 2022	$511K
August 2022	$524K
July 2022	$543K
June 2022	$560K
May 2022	$563K
April 2022	$555K
March 2022	$538K
February 2022	$515K
January 2022	$502K
2021
December 2021	$497K
November 2021	$491K
October 2021	$482K
September 2021	$478K
August 2021	$472K
July 2021	$468K
June 2021	$457K
May 2021	$435K
April 2021	$427K
March 2021	$401K
February 2021	$390K
January 2021	$383K
2020
December 2020	$376K
November 2020	$372K
October 2020	$365K
September 2020	$358K
August 2020	$356K
July 2020	$350K
June 2020	$344K
May 2020	$346K
April 2020	$341K
March 2020	$333K
February 2020	$334K
January 2020	$328K
2019
December 2019	$325K
November 2019	$321K
October 2019	$318K
September 2019	$316K
August 2019	$316K
July 2019	$312K
June 2019	$310K
May 2019	$309K
April 2019	$306K
March 2019	$306K
February 2019	$304K
January 2019	$302K
2018
December 2018	$301K
November 2018	$299K
October 2018	$297K
September 2018	$297K
August 2018	$297K
July 2018	$295K
June 2018	$291K
May 2018	$291K
April 2018	$289K
March 2018	$285K
February 2018	$284K
January 2018	$282K
2017
December 2017	$277K
November 2017	$277K
October 2017	$277K
September 2017	$275K
August 2017	$272K
July 2017	$273K
June 2017	$271K
May 2017	$269K
April 2017	$267K
March 2017	$266K
February 2017	$264K
January 2017	$262K
2016
December 2016	$260K
November 2016	$259K
October 2016	$259K

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
1142 N JOSHUA TREE Lane, Gilbert, AZ	0.07	Single-Family Home	$510,000	04/13/26	4	2	1,884
3918 E SAN PEDRO Avenue, Gilbert, AZ	0.06	Single-Family Home	$550,000	03/25/26	4	2	2,074
3838 E SAN REMO Avenue, Gilbert, AZ	0.20	Single-Family Home	$525,000	05/12/26	3	2	1,655
1147 N Arroyo Lane, Gilbert, AZ	0.31	Single-Family Home	$457,500	12/02/25	3	2	1,400
3917 E SAN REMO Avenue, Gilbert, AZ	0.15	Single-Family Home	$453,100	02/24/26	4	2	1,520
3657 E CALEB Way, Gilbert, AZ	0.35	Single-Family Home	$410,000	09/23/26	3	2	1,387
3716 E FEATHER Avenue, Gilbert, AZ	0.28	Single-Family Home	$555,000	07/07/26	4	2	1,884
4219 E SAN ANGELO Avenue, Gilbert, AZ	0.36	Single-Family Home	$515,000	11/10/25	3	2	1,591
3897 E DOUGLAS Loop, Gilbert, AZ	0.33	Single-Family Home	$405,000	04/17/26	4	2	1,520
4048 E ASPEN Way, Gilbert, AZ	0.41	Single-Family Home	$490,000	11/14/25	3	2	1,851

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
3940 E Cody Cir, Gilbert, AZ 85234	0.01	-	-	-	-	Off Market
3930 E Cody Ave, Gilbert, AZ 85234	0.01	$612,800	4	3	2,466	Off Market
3950 E Cody Ave, Gilbert, AZ 85234	0.01	$425,600	3	2	1,387	Off Market
3941 E San Pedro Ave, Gilbert, AZ 85234	0.02	$419,600	Studio	3	1,387	Off Market
3920 E CODY, Gilbert, AZ 85234	0.02	$424,200	3	2	1,420	Off Market
3920 E Cody Ave, Gilbert, AZ 85234	0.02	$468,100	3	2	1,387	Off Market
3960 E Cody Ave, Gilbert, AZ 85234	0.02	$461,900	Studio	3	1,681	Off Market
3931 E San Pedro Ave, Gilbert, AZ 85234	0.02	$541,100	4	2	1,884	Off Market
3921 E San Pedro Ave, Gilbert, AZ 85234	0.03	$621,500	5	3	2,622	Off Market
3941 E Cody Ave, Gilbert, AZ 85234	0.03	$459,900	3	2	1,387	Off Market
3961 E San Pedro Ave, Gilbert, AZ 85234	0.03	$525,400	Studio	3	2,301	Off Market
3933 E Cody Ave, Gilbert, AZ 85234	0.03	$431,200	3	2	1,387	Off Market
3951 E Cody Ave, Gilbert, AZ 85234	0.03	$524,900	Studio	3	1,884	Off Market
3910 E CODY, Gilbert, AZ 85234	0.04	$417,100	3	2	1,387	Off Market
3910 E Cody Ave, Gilbert, AZ 85234	0.04	$420,200	Studio	3	1,387	Off Market
3911 E San Pedro Ave, Gilbert, AZ 85234	0.04	$420,100	Studio	3	1,387	Off Market
3961 E Cody Ave, Gilbert, AZ 85234	0.04	$475,300	Studio	3	1,884	Off Market
3913 E Cody Ave, Gilbert, AZ 85234	0.04	$608,400	Studio	4	2,622	Off Market
3902 E Cody Ave, Gilbert, AZ 85234	0.05	$499,400	4	2	1,884	Off Market
3901 E San Pedro Ave, Gilbert, AZ 85234	0.05	$491,700	4	2	1,884	Off Market

Local Information

Map ViewExplore the area around 3940 E Cody Ave.
Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1996

1,884 sqft

$260/sqft

Garage

About this House

Great house in a great location! This popular floorplan offers 3 bedrooms plus a den, 10 foot ceilings through out, large expansive windows, bay window, wood & tile flooring, large kitchen extended maple cabinetry, granite slab counters, new ''slate'' steel appliances, large front porch, covered patio and extended width garage. Within walking distance to Carol Rae Elementary and Highland High.

3940 E Cody Ave, Gilbert, AZ 85234 is a 3 bedroom, 2 bathroom, 1,884 sqft single-family home in Carol Rae Ranch, built in 1996. It last sold for $259,900 on Dec 9, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $490,400, with a rent estimate of $2,513/month.

Home Details for 3940 E Cody Ave

Interior Features
Heating & Cooling Heating: GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Gas
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet, Hardwood
Interior Details Number of Rooms: 5Types of Rooms: Dining Room, Family RoomCeiling Fan
Appliances & Utilities DishwasherMicrowave

Exterior Features
Exterior Home Features Roof: Other, TileExterior: StuccoPatio
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached

Property Information
Year Built Year Built: 1996Year Updated: 2010
Property Type / Style Property Type: Single Family HomeArchitecture: Spanish

Community
Units in Building: 1

Lot Information
Lot Area: 7122 sqft

Price and Tax history

Date	Event	Price
Dec 9, 2016 Source: ARMLS #5513349	Sold	$259,900
Oct 25, 2016 Source: Agent Provided	Pending	$259,900
Oct 19, 2016 Source: Agent Provided	Listed For Sale	$259,900
Jan 24, 2014 Source: Agent Provided	ListingRemoved	$269,900
Dec 3, 2013 Source: Agent Provided	Listed For Sale	$269,900
Jul 15, 2003 Source: N/A	Sold	$174,900
Dec 5, 2001 Source: N/A	Sold	$172,200
Sep 21, 1998 Source: N/A	Sold	$144,452

Year	Property tax	Tax assessment
2025	$1,640	$415,200

Additional Cost

Market trends in Gilbert

Last updated August 2026

Avg. sale price

$575K

$1.5KMoM

Sale-to-List Price

98.8%

0.1%MoM

Price per sq ft

$279

$0MoM

Available listings

1109

4MoM

Around this home

Carol Rae Ranch Elementary School
PK-6
Public
561 Students
Gilbert Unified District
9/10
GreatSchools Rating
Parent Rating Average
We've been a CRRE family since 2018 and have now experienced the Building Blocks preschool program all the way through 6th grade. We have been so happy and impressed with CRRE and would highly recommend it. The principal, teachers, and staff truly care about kids and our kids have always been happy to go to school. There are many opportunities for parents to be involved and throughout the year there are family-friendly events to attend. My kids have had great classroom teachers and great specials teachers, many of whom have been at the school for years and are deeply connected to the school community. The P.E. teacher Mrs. Naumann runs many fun clubs and events for kids throughout the year, from cup stacking to running club to Bring Your Parent to PE Day to 6th grade flag football and Field Day. The principal Mr. Birgen is very involved and you'll see him helping in the carpool line every day, no matter the weather. He knows the names of all the kids and is always open to ideas and chatting with parents. We have not had kids enrolled in the special education programs but my friends who have say that it's great. If you're considering schools in the Gilbert area, CRRE should be at the top of your list.
Parent Review
1y ago
27 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Carol Rae Ranch

4 Homes For You
Buy: $487k - $635k

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Carol Rae Ranch

At least 8 Trulia users voted on each feature.

100 % Say parking is easy
100 % Say there are sidewalks
92 % Say there's holiday spirit
92 % Say it's dog friendly
88 % Say car is needed
88 % Say streets are well-lit
80 % Say it's walkable to restaurants
80 % Say yards are well-kept
73 % Say it's quiet
69 % Say kids play outside
67 % Say people would walk alone at night
61 % Say neighbors are friendly
33 % Say there's wildlife
33 % Say there are community events
21 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.

Paul D.
Resident
7y ago
"school inside the neighborhood and not to far from restaurants.lots of churches and very quite neighborhood"
1
Flag
Cameron B.
Resident
8y ago
"Very friendly community with Central Park. We’ve lived here for a year and have already been to several community parties."
5
Flag

LGBTQ Local Legal Protections

Frequently asked questions about 3940 E Cody Ave

What is 3940 E Cody Ave estimated to be worth?
Trulia's estimated value for 3940 E Cody Ave in Gilbert, AZ is $490,400.
What is the price history for 3940 E Cody Ave?
3940 E Cody Ave in Gilbert, AZ last sold for $259,900 in December 2016.
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 3940 E Cody Ave have air conditioning?
Yes, 3940 E Cody Ave in Gilbert, AZ has air conditioning.
How big is the lot at 3940 E Cody Ave?
The lot at 3940 E Cody Ave in Gilbert, AZ is about 0.16 acres (7,122 sq ft).

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The Atwood at Rivulon | 500 E Rivulon Blvd,
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The Atwood at Rivulon | 500 E Rivulon Blvd,
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The Highlands at Spectrum | 1456 E Pecos Rd,
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Keller Town Square | 150 E Warner Rd,
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$1,548 - $1,928/mo
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MAA Lyon's Gate | 3301 E Ray Rd,
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$1,800 - $2,550/mo
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SPECIAL OFFER
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1-2 bd
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Album Cooley Station - 55+ Active Adult Apartments | 2660 S Recker Rd,
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The Highlands at Spectrum | 1456 E Pecos Rd,
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PET FRIENDLY
$1,800 - $2,867/mo
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SPECIAL OFFER
PET FRIENDLY
FURNISHED
$1,760 - $2,610/mo
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Everly at Morrison Ranch Luxury Apartments | 4353 E Elliot Rd,
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1-3 bd
1-2 ba
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Gilbert, AZ 85296
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PET FRIENDLY
$1,599 - $2,319/mo
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Cambria | 130 W Guadalupe Rd,
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Gilbert, AZ 85296

Explore by feature - Outdoor Space

220 rentals with an outdoor space in Gilbert, AZ

SPECIAL OFFER
PET FRIENDLY
$1,949 - $2,625/mo
2-3 bd
2 ba
Villas on Ash | 1381 N Gilbert Rd,
Gilbert, AZ 85234
APPLY INSTANTLY
$2,599/mo
Total price
3 bd
2.5 ba
2,159 sqft
4742 E Tremaine Ave,
Gilbert, AZ 85234
APPLY INSTANTLY
$2,350/mo
Total price
3 bd
2 ba
1,309 sqft
942 S Balboa Dr,
Gilbert, AZ 85296
APPLY INSTANTLY
$2,500/mo
3 bd
2 ba
1,607 sqft
1410 E Bruce Ave,
Gilbert, AZ 85234
APPLY INSTANTLY
PET FRIENDLY
$2,330/mo
3 bd
2.5 ba
1,800 sqft
3834 E Kesler Ln,
Gilbert, AZ 85295
APPLY INSTANTLY
PET FRIENDLY
$2,799/mo
4 bd
3 ba
2,067 sqft
2606 S Betty St,
Gilbert, AZ 85295
APPLY INSTANTLY
PET FRIENDLY
$2,500/mo
3 bd
2.5 ba
2,159 sqft
2011 S Swan Dr,
Gilbert, AZ 85295
APPLY INSTANTLY
$2,900/mo
4 bd
2.5 ba
2,528 sqft
3420 E Bart St,
Gilbert, AZ 85295
APPLY INSTANTLY
PET FRIENDLY
$2,800/mo
3 bd
2 ba
1,667 sqft
221 E Arabian Dr,
Gilbert, AZ 85296
APPLY INSTANTLY
$2,240/mo
3 bd
2.5 ba
1,837 sqft
2452 S Nielson St,
Gilbert, AZ 85295

Apartments for Rent

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PET FRIENDLY
$1,515 - $2,375/mo
1-3 bd
1-2 ba
Garrett Mesa | 1340 S 48th St,
Mesa, AZ 85206
NEW - 1 DAY AGO
PET FRIENDLY
$1,599 - $3,103/mo
Total price
Studio-3 bd
1-3 ba
The George | 6961 E Hampton Ave,
Mesa, AZ 85209
PET FRIENDLY
$1,801 - $2,747/mo
Total price
1-3 bd
1-2 ba
The Mason | 7961 E Elliot Rd,
Mesa, AZ 85212
PET FRIENDLY
$1,306 - $1,969/mo
1-3 bd
1-3 ba
Lakeview at Superstition Springs | 1849 S Power Rd,
Mesa, AZ 85206
NEW - 1 DAY AGO
PET FRIENDLY
$1,548 - $1,803/mo
1-2 bd
1-2 ba
Stone Canyon | 5210 E Hampton Ave,
Mesa, AZ 85206
PET FRIENDLY
FURNISHED
$1,555 - $2,395/mo
1-3 bd
1-2 ba
Acero Hawes Crossing | 3646 S 79th St,
Mesa, AZ 85208
PET FRIENDLY
$1,314 - $2,504/mo
Total price
1-3 bd
1-2 ba
Envision | 1361 S Greenfield Rd,
Mesa, AZ 85206
PET FRIENDLY
FURNISHED
$1,760 - $2,610/mo
1-3 bd
1-2 ba
Everly at Morrison Ranch Luxury Apartments | 4353 E Elliot Rd,
Gilbert, AZ 85296
PET FRIENDLY
$1,275 - $1,728/mo
Studio-2 bd
1-2 ba
The Premiere at Dana Park | 1439 S Val Vista Dr,
Mesa, AZ 85204
PET FRIENDLY
$1,450 - $2,225/mo
1-3 bd
1-2 ba
Montero at Dana Park | 3636 E Inverness Ave,
Mesa, AZ 85206
PET FRIENDLY
$1,477 - $2,008/mo
1-3 bd
1-2 ba
San Montego Apartments | 6745 E Superstition Springs Blvd,
Mesa, AZ 85206
PET FRIENDLY
$1,475 - $2,035/mo
1-3 bd
1-2 ba
Serena Shores Apartments | 4101 E Baseline Rd,
Gilbert, AZ 85234
PET FRIENDLY
$1,474 - $1,770/mo
1-2 bd
1-2 ba
Dana Park Apartments | 1440 S Val Vista Dr,
Mesa, AZ 85204
NEW - 1 DAY AGO
PET FRIENDLY
$1,550 - $2,235/mo
1-3 bd
1-2 ba
Highland Groves at Morrison Ranch Apartments | 105 N Beebe St,
Gilbert, AZ 85234
PET FRIENDLY
$2,354 - $2,400/mo
3 bd
3 ba
Recker Ranch | 1927 S Recker Rd,
Mesa, AZ 85206
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Gilbert
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Off Market Homes Near 3940 E Cody Ave

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SOLD
OCT 6, 2026
$320,350
3 bd
2 ba
1,691 sqft
1690 leisure world --,
Mesa, AZ 85206
RE/MAX Classic, ARMLS
SOLD
OCT 6, 2026
$430,000
2 bd
2.5 ba
1,955 sqft
8242 E NEVILLE Avenue,
Mesa, AZ 85209
HomeSmart, ARMLS
SOLD
OCT 6, 2026
$460,000
3 bd
2 ba
1,187 sqft
3573 E LINDA Lane,
Gilbert, AZ 85234
My Home Group Real Estate, ARMLS
SOLD
OCT 6, 2026
$650,000
811 N POINCIANA Court #10,
Gilbert, AZ 85234
Hearthstone Realty, ARMLS
SOLD
OCT 5, 2026
$360,000
3 bd
2 ba
4751 E HOPI Circle,
Mesa, AZ 85206
DeLex Realty, ARMLS
SOLD
OCT 5, 2026
$360,000
3 bd
2 ba
3510 E HAMPTON Avenue #114,
Mesa, AZ 85204
West USA Realty, ARMLS
SOLD
OCT 5, 2026
$277,500
2 bd
2 ba
1021 S GREENFIELD Road #1194,
Mesa, AZ 85206
Realty ONE Group, ARMLS
SOLD
OCT 5, 2026
$460,000
3 bd
2.5 ba
1383 S PHEASANT Drive,
Gilbert, AZ 85296
West USA Realty, ARMLS
SOLD
OCT 2, 2026
$275,000
2 bd
2 ba
1,170 sqft
4328 E CAPRI Avenue #162,
Mesa, AZ 85206
HomeSmart, ARMLS
SOLD
OCT 2, 2026
$385,000
3 bd
2 ba
545 S GLENNWOOD Circle,
Mesa, AZ 85204
Realty of America LLC, ARMLS
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Gilbert
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