3940 E Stanford Ave, Gilbert, AZ 85234
Property image
Property image
OFF MARKET

3940 E Stanford Ave
Gilbert, AZ 85234

Carol Rae Ranch
  • 3 Beds
  • 2 Baths
  • 1,283 sqft

$394,700

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,231/mo*
Refinance Your Home

$394,700

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,231/mo*
Refinance Your Home
3 Beds
2 Baths
1,283 sqft

Home Value

Trulia Estimate
$395K
Since last month
Increased$900 (+0.2%)
Since last year
Decreased$4K (-0.9%)
Since last sale
Increased$86K (+27.9%)
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
August 2026$395K
July 2026$394K
June 2026$400K
May 2026$399K
April 2026$400K
March 2026$405K
February 2026$403K
January 2026$397K
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
3939 E Stanford Avenue, Gilbert, AZ
0.03
Single-Family Home
$474,500
09/25/25
3
2
1,513
3917 E SAN REMO Avenue, Gilbert, AZ
0.04
Single-Family Home
$453,100
02/24/26
4
2
1,520
4041 E LIBRA Avenue, Gilbert, AZ
0.16
Single-Family Home
$474,000
12/30/25
3
2
1,273
3838 E SAN REMO Avenue, Gilbert, AZ
0.13
Single-Family Home
$525,000
05/12/26
3
2
1,655
4070 E ORION Street, Gilbert, AZ
0.24
Single-Family Home
$412,000
12/11/25
3
2
1,273
3862 E Stanford Avenue, Gilbert, AZ
0.10
Single-Family Home
$504,400
10/20/25
4
2
1,521
3961 E PINON Court, Gilbert, AZ
0.34
Single-Family Home
$399,000
05/15/26
3
2
1,273
3897 E DOUGLAS Loop, Gilbert, AZ
0.17
Single-Family Home
$405,000
04/17/26
4
2
1,520
4099 E LIBRA Avenue, Gilbert, AZ
0.26
Single-Family Home
$473,000
03/30/26
4
2
1,489
1147 N Arroyo Lane, Gilbert, AZ
0.39
Single-Family Home
$457,500
12/02/25
3
2
1,400

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
3917 E SAN REMO Avenue, Gilbert, AZ 85234
0.04
$453,100
4
2
1,520
Recently Sold
3939 E Stanford Avenue, Gilbert, AZ 85234
0.03
$473,000
3
2
1,513
Off Market
3895 E ENCINAS Avenue, Gilbert, AZ 85234
0.09
$527,300
4
3
2,039
Off Market
3884 E STANFORD Avenue E, Gilbert, AZ 85234
0.07
$524,900
4
2.5
2,039
For Sale
3876 E SAN REMO Avenue, Gilbert, AZ 85234
0.09
$467,400
3
2
1,655
Off Market
3862 E Stanford Avenue, Gilbert, AZ 85234
0.10
$504,400
4
2
1,521
Recently Sold
3847 E San Remo Avenue, Gilbert, AZ 85234
0.11
$565,000
5
2.5
2,039
For Sale
3856 E ENCINAS Avenue, Gilbert, AZ 85234
0.14
$445,700
3
2
1,401
Off Market
3893 E CODY, Gilbert, AZ 85234
0.15
$408,000
3
2
1,387
Off Market
3883 E Cody, Gilbert, AZ 85234
0.15
$456,100
3
2
1,681
Off Market
3838 E SAN REMO Avenue, Gilbert, AZ 85234
0.13
$525,000
3
2
1,655
Recently Sold
3873 E CODY, Gilbert, AZ 85234
0.16
$486,300
4
2
1,884
Off Market

Local Information

  • Map ViewExplore the area around 3940 E Stanford Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Living Area
1,283 sqft
Price/Sqft
$308
Parking
Garage

About this House

This Carol Rae Ranch home is less than a ten minute walk from a community park. Also near high rated schools, dining and shopping options at Gilbert Tuscany Village, golfing, bus stops, and US-60 access. Upon entry, the interior impresses with vaulted ceilings. Pass through the Great room to the sliding glass doors leading to the covered patio and backyard. From the kitchen, peer over the breakfast bar into the formal dining area. The Master suite flaunts a separate garden tub and shower, dual vanities, and a spacious walk-in closet. Perks include a den and a fresh coat of interior paint!

All Opendoor homes come with a 30-day satisfaction guarantee and one-year premium warranty. Terms and conditions apply.

Open House: Mon-Sun, 6am-9pm
3940 E Stanford Ave, Gilbert, AZ 85234 is a 3 bedroom, 2 bathroom, 1,283 sqft single-family home in Carol Rae Ranch, built in 1996. It last sold for $309,000 on Oct 21, 2021. More recently, it was listed as a rental in September 2014 with an asking price of $1,200 per month. That rental listing was removed on October 16, 2014. It is currently off market. The Trulia Estimate is $394,700, with a rent estimate of $2,130/month.

Home Details for 3940 E Stanford Ave

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Linoleum Vinyl
Interior Details
Number of Rooms: 5Types of Rooms: Walk In Closet, Family Room, Master BathCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Security
Security System

Exterior Features

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

Property Information

Year Built
Year Built: 1996Year Updated: 2006
Property Type / Style
Property Type: Single Family HomeArchitecture: Contemporary

Community

Units in Building: 1

Lot Information

Lot Area: 5018 sqft

Price and Tax history

DateEventPrice
Oct 21, 2021
Source: N/A
Sold
$309,000
Jan 31, 2018
Source: ARMLS #5679308
Sold
$235,000
Jan 20, 2018
Source: Agent Provided
Pending
$241,000
Jan 4, 2018
Source: Agent Provided
PriceChange
$241,000
Price decreased by 0%
Nov 30, 2017
Source: Agent Provided
PriceChange
$242,000
Price decreased by 0%

Market trends in Gilbert

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

Around this home

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
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.
    "school inside the neighborhood and not to far from restaurants.lots of churches and very quite neighborhood"
    1
    Flag
  • Cameron B.
    "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 Stanford Ave

  • What is 3940 E Stanford Ave estimated to be worth?
    Trulia's estimated value for 3940 E Stanford Ave in Gilbert, AZ is $394,700.
  • What is the price history for 3940 E Stanford Ave?
    3940 E Stanford Ave in Gilbert, AZ last sold for $309,000 in October 2021.
  • 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 3940 E Stanford Ave have air conditioning?
    Yes, 3940 E Stanford Ave in Gilbert, AZ has air conditioning.
  • Does 3940 E Stanford Ave have laundry facilities?
    Yes, 3940 E Stanford Ave in Gilbert, AZ has in-unit laundry.

Explore by feature - Pet Friendly

299 pet-friendly rentals in Gilbert, AZ

Explore by feature - Garage

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Explore by feature - Air Conditioning

372 rentals with air conditioning in Gilbert, AZ

Explore by feature - Pool

382 rentals with a pool in Gilbert, AZ

Explore by feature - Washer/dryer

446 rentals with a washer/dryer in Gilbert, AZ

Explore by feature - Outdoor Space

216 rentals with an outdoor space in Gilbert, AZ

Apartments for Rent

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Off Market Homes Near 3940 E Stanford Ave

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