540 E  Cathy Dr, Gilbert, AZ 85296
Property image
Property image
OFF MARKET

$437,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,401 sqft

540 E Cathy Dr, Gilbert, AZ 85296

Neely Farms
Est. Refi. Payment $2,621/mo*
Refinance Your Home
Currently Off Market - Sold Feb 5, 2014 for $189,000

Home Value

Trulia Estimate
$437K
Since last month
Increased$2K (+0.4%)
Since last year
Decreased$6K (-1.4%)
Since last sale
Increased$249K (+131.7%)
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 +97% in the last 10 years
MonthEstimated value
2026
September 2026$438K
August 2026$436K
July 2026$436K
June 2026$443K
May 2026$442K
April 2026$444K
March 2026$445K
February 2026$444K
January 2026$440K
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
0.09
Single-Family Home
$435,000
11/24/25
3
2
1,283
0.11
Single-Family Home
$455,000
09/09/26
3
2
1,401
0.11
Single-Family Home
$419,900
10/17/25
3
2
1,283
0.08
Single-Family Home
$535,000
07/20/26
3
2
1,401
0.11
Single-Family Home
$445,000
02/04/26
3
2
1,283
0.11
Single-Family Home
$455,000
02/04/26
3
2
1,648
0.16
Single-Family Home
$479,000
04/14/26
3
2
1,401
0.13
Single-Family Home
$489,900
05/14/26
3
2
1,655
0.18
Single-Family Home
$450,000
11/10/25
3
2
1,283
0.14
Single-Family Home
$495,000
07/31/26
3
2
1,825

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
$484,300
3
2
1,401
Off Market
0.06
$418,200
3
2
1,401
Off Market
0.06
$575,000
4
2.5
2,039
Recently Sold
0.08
$837,900
6
4
3,975
Off Market
0.03
$500,000
3
2
1,655
For Sale
0.11
$455,000
3
2
1,401
Recently Sold
0.11
$479,000
3
2
1,401
Off Market
0.13
$469,100
3
2
1,513
Off Market
0.11
$451,300
3
2
1,401
Off Market
0.13
$479,100
3
2
1,401
Off Market
0.11
$414,400
3
2
1,283
Off Market
0.14
$463,600
3
2
1,401
Off Market

Local Information

  • Map ViewExplore the area around 540 E Cathy Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1998
1,401 sqft
$312/sqft
Garage

About this House

What's unique:New dishwasherGranite countertops
It's a beautiful 3 bedroom house in a great location. Easy access to both 60 and 202 highway. Convenient shopping plaza is only one mile away .
The beautiful porcelain tile is installed throughout the entire house. The separation of the master and kids bedroom provides a more private space. Granite countertops in kitchen and both bathrooms. New dishwasher, washer and dryer provided.
Plenty of flowers in front and backyard to add beautiful colors to your everyday life.
Safe and quiet community offers the best living experience.

* Renter responsible for utilities, gas, electricity .
* No pet.
* No smoking.
540 E Cathy Dr, Gilbert, AZ 85296 is a 3 bedroom, 2 bathroom, 1,401 sqft single-family home in Neely Farms, built in 1998. It last sold for $189,000 on Feb 5, 2014. More recently, it was listed as a rental in February 2023 with an asking price of $2,250 per month. That rental listing was removed on March 1, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $437,000, with a rent estimate of $2,214/month.

Home Details for 540 E Cathy Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 5Types of Rooms: Walk In Closet, Dining Room, Family Room, Master Bath
Appliances & Utilities
DryerWasher

Exterior Features

Exterior Home Features
Roof: TileExterior: StuccoPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1998
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 5807 sqft

Price and Tax history

DateEventPrice
Mar 1, 2023
Source: Zillow Rentals
ListingRemoved
Feb 16, 2023
Source: Zillow Rentals
Listed For Rent
$2,250
Jun 19, 2022
Source: Zillow Rental Manager
ListingRemoved
May 28, 2022
Source: Zillow Rental Manager
PriceChange
$2,250
Price decreased by 1%
May 19, 2022
Source: Zillow Rental Manager
Listed For Rent
$2,280

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Neely Farms

At least 15 Trulia users voted on each feature.
  • 95 % Say it's dog friendly

  • 89 % Say streets are well-lit

  • 83 % Say people would walk alone at night

  • 82 % Say yards are well-kept

  • 76 % Say it's quiet

  • 76 % Say there's holiday spirit

  • 75 % Say car is needed

  • 75 % Say there are sidewalks

  • 75 % Say kids play outside

  • 67 % Say it's walkable to restaurants

  • 63 % Say parking is easy

  • 55 % Say it's walkable to grocery stores

  • 53 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 30 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Stacy C.
    "new to the neighborhood just excited to be here the schools are great and there isn't cars racing around "
  • Lhnorcott
    "Yes I do live here. Great schools, proximity to City of Gilbert offices and courts/police. Nearby malls and supermarkets within one forth mile."

LGBTQ Local Legal Protections

Frequently asked questions about 540 E Cathy Dr

  • What is 540 E Cathy Dr estimated to be worth?
    Trulia's estimated value for 540 E Cathy Dr in Gilbert, AZ is $437,000.
  • What is the price history for 540 E Cathy Dr?
    540 E Cathy Dr in Gilbert, AZ last sold for $189,000 in February 2014.
  • 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 540 E Cathy Dr have laundry facilities?
    Yes, 540 E Cathy Dr in Gilbert, AZ has in-unit laundry.
  • How big is the lot at 540 E Cathy Dr?
    The lot at 540 E Cathy Dr in Gilbert, AZ is about 0.13 acres (5,807 sq ft).

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Off Market Homes Near 540 E Cathy Dr

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