3940 E  Cody Ave, Gilbert, AZ 85234
Property image
Property image
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
Decreased$1K (-0.2%)
Since last year
Decreased$9K (-1.8%)
Since last sale
Increased$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
MonthEstimated 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
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
0.07
Single-Family Home
$510,000
04/13/26
4
2
1,884
0.06
Single-Family Home
$550,000
03/25/26
4
2
2,074
0.20
Single-Family Home
$525,000
05/12/26
3
2
1,655
0.31
Single-Family Home
$457,500
12/02/25
3
2
1,400
0.15
Single-Family Home
$453,100
02/24/26
4
2
1,520
0.35
Single-Family Home
$410,000
09/23/26
3
2
1,387
0.28
Single-Family Home
$555,000
07/07/26
4
2
1,884
0.36
Single-Family Home
$515,000
11/10/25
3
2
1,591
0.33
Single-Family Home
$405,000
04/17/26
4
2
1,520
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
0.01
-
-
-
-
Off Market
0.01
$612,800
4
3
2,466
Off Market
0.01
$425,600
3
2
1,387
Off Market
0.02
$419,600
Studio
3
1,387
Off Market
0.02
$424,200
3
2
1,420
Off Market
0.02
$468,100
3
2
1,387
Off Market
0.02
$461,900
Studio
3
1,681
Off Market
0.02
$541,100
4
2
1,884
Off Market
0.03
$621,500
5
3
2,622
Off Market
0.03
$459,900
3
2
1,387
Off Market
0.03
$525,400
Studio
3
2,301
Off Market
0.03
$431,200
3
2
1,387
Off Market
0.03
$524,900
Studio
3
1,884
Off Market
0.04
$417,100
3
2
1,387
Off Market
0.04
$420,200
Studio
3
1,387
Off Market
0.04
$420,100
Studio
3
1,387
Off Market
0.04
$475,300
Studio
3
1,884
Off Market
0.04
$608,400
Studio
4
2,622
Off Market
0.05
$499,400
4
2
1,884
Off Market
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

DateEventPrice
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

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

Around this home

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

Neighborhood Overview

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.
    "school inside the neighborhood and not to far from restaurants.lots of churches and very quite neighborhood"
  • Cameron B.
    "Very friendly community with Central Park. We’ve lived here for a year and have already been to several community parties."

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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