4040 E Lexington Ave
Gilbert, AZ 85234
Highland Groves At Morrison Ranch- 5 Beds
- 3 Baths
- 3,098 sqft
5 Beds
3 Baths
3,098 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2007
Living Area
3,098 sqft
Price/Sqft
$212
Parking
Garage
Description
This single-family home is located at 4040 E Lexington Ave, Gilbert, AZ. 4040 E Lexington Ave is in the Highland Groves At Morrison Ranch neighborhood in Gilbert, AZ and in ZIP code 85234. This property has 5 bedrooms, 3 bathrooms and approximately 3,098 sqft of floor space. This property has a lot size of 6599 sqft and was built in 2007.
4040 E Lexington Ave, Gilbert, AZ 85234 is a 5 bedroom, 3 bathroom, 3,098 sqft single-family home in Highland Groves At Morrison Ranch, built in 2007. It last sold for $243,500 on Oct 21, 2009. It is currently off market. The Trulia Estimate is $657,600, with a rent estimate of $3,153/month.
Home Details for 4040 E Lexington Ave
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Heating & Cooling Heating: Other, GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet, Laminate |
Appliances & Utilities DishwasherMicrowave |
Interior Details Ceiling Fan |
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Exterior Home Features Roof: Other, TileExterior: WoodPatio |
Parking & Garage GarageParking Spaces: 5Parking: Garage Attached |
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Year Built Year Built: 2007 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 6599 sqft |
Price History for 4040 E Lexington Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/25/2017 | $385,000 | ListingRemoved | Agent Provided |
| 04/24/2017 | $385,000 | Listed For Sale | Agent Provided |
| 10/21/2009 | $243,500 | Sold | ARMLS #4238007 |
| 08/17/2009 | $254,900 | PriceChange | Agent Provided |
| 08/15/2009 | $0 | Listed For Sale | Agent Provided |
| 08/07/2009 | $447,880 | Sold | N/A |
| 08/24/2007 | $414,570 | Sold | N/A |
Market trends in Gilbert
Last updated June 2026
Avg. sale price
$569K
$3.33KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$279
$1MoM
Available listings
1121
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,491 |
| Assessment | $532,600 |
Home facts updated by county records
Comparable Sales for 4040 E Lexington Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $666,500 | 04/20/26 | 5 | 3 | 2,734 | |
0.08 | Single-Family Home | $536,000 | 12/11/25 | 4 | 2.5 | 2,096 | |
0.16 | Single-Family Home | $730,000 | 02/18/26 | 4 | 2.5 | 3,026 | |
0.17 | Single-Family Home | $639,000 | 06/26/26 | 4 | 3 | 2,541 | |
0.28 | Single-Family Home | $600,000 | 11/21/25 | 5 | 3 | 3,705 | |
0.22 | Single-Family Home | $685,000 | 02/02/26 | 5 | 3 | 3,700 | |
0.28 | Single-Family Home | $720,000 | 03/02/26 | 4 | 2.5 | 2,978 | |
0.27 | Single-Family Home | $935,000 | 05/07/26 | 5 | 3 | 3,427 | |
0.28 | Single-Family Home | $720,000 | 02/10/26 | 4 | 3 | 2,562 | |
0.28 | Single-Family Home | $702,000 | 01/21/26 | 4 | 3 | 2,562 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 4040 E Lexington Ave.
What Locals Say about Highland Groves At Morrison Ranch
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