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

540 E Sherri Dr
Gilbert, AZ 85296

Neely Farms
  • 4 Beds
  • 2.5 Baths
  • 2,039 sqft

$553,500

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,112/mo*
Refinance Your Home

$553,500

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,112/mo*
Refinance Your Home
4 Beds
2.5 Baths
2,039 sqft

Local Information

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

Home Highlights

Property Type
Single-Family Home
Living Area
2,039 sqft
Price/Sqft
$271
Parking
Attached Garage

About this House

Welcome to your dream home! Located in the highly sought-after Neely Farms neighborhood in Gilbert, this beautifully upgraded 4-bedroom, 2.5-bathroom home offers the perfect blend of comfort, style, and convenience.

Step inside to discover an open, airy layout featuring hardwood-like flooring throughout the main areas, with cozy carpet in the guest bedrooms. The spacious primary suite is your personal retreat, complete with a soaking tub, luxury tile-surround walk-in shower, and a large walk-in closet. Each of the three guest bedrooms is generously sized, with plenty of room for rest and relaxation.

Outside, enjoy your own private oasis with a fenced swimming pool, perfect for hot Arizona days. The large, landscaped backyard also offers a covered patio, providing the ideal space for outdoor dining and entertaining.

This pet-friendly home is move-in ready, with fresh paint throughout and upgraded bathrooms that add a touch of luxury. Additionally, the home includes a washer and dryer for your convenience.

With its desirable location, modern features, and attention to detail, this home is a true gem in Gilbert's Neely Farms. Don't miss the opportunity to make it yours!

All Home Ladder residents are enrolled in the Resident Benefits Package (RBP) for $50/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery, our best-in-class resident rewards program, and much more! More details upon application.

Additional monthly fees: $9 admin and $35 pet rent/pet.

One-time fees: $49 application fee per adult, $149 pet application per pet, $195 administration, and a security deposit equal to one month's rent.

12-18 month minimum lease term. If moving in between 7/1 and 1/31, the lease term shall be 18 months. If moving in between 2/1 and 6/30, the lease term shall be 12 months. Lease must commence within 21 days of application approval. After approval, security deposit must be delivered to our office by 5pm on the next business day. The lease must start Monday-Thursday and not on any federal/state holidays.

Dryer
Washer
540 E Sherri Dr, Gilbert, AZ 85296 is a 4 bedroom, 3 bathroom, 2,039 sqft single-family home in Neely Farms. It last sold for $477,500 on Feb 26, 2021 (16,086% above the $2,950 asking price). More recently, it was listed as a rental in March 2025 with an asking price of $2,950 per month. That rental listing was removed on March 28, 2025. It is currently off market. The Trulia Estimate is $553,500, with a rent estimate of $3,400/month.

Home Details for 540 E Sherri Dr

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Exterior Features

Parking & Garage
Parking: Attached, On Site

Price History for 540 E Sherri Dr

DatePriceEventSource
03/28/2025$2,950ListingRemovedZillow Rentals
03/25/2025$2,950Listed For RentZillow Rentals
02/26/2021$477,500Sold
ARMLS #6185806
01/30/2021$485,000PendingARMLS #6185806
01/29/2021$485,000PriceChange
ARMLS #6185806
01/26/2021$495,000Listed For SaleARMLS #6185806
05/08/2007$300,000Sold
N/A
02/28/2006$350,000Sold
N/A
02/10/2005$245,000Sold
N/A
03/25/2004$195,500Sold
ARMLS #2079920
06/27/2003$186,900Sold
N/A
04/01/1998$136,814Sold
N/A

Market trends in Gilbert

Last updated June 2026
Buyer'sMarketSeller'sMarket
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
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Property Tax and Assessment

Year2025
Tax$2,080
Assessment$435,000
Home facts updated by county records

Comparable Sales for 540 E Sherri Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
534 E KYLE Court, Gilbert, AZ
0.12
Single-Family Home
$575,000
06/11/26
4
2.5
2,039
552 E JASPER Drive, Gilbert, AZ
0.06
Single-Family Home
$455,000
02/04/26
3
2
1,648
624 E SHEFFIELD Avenue, Gilbert, AZ
0.18
Single-Family Home
$565,000
05/12/26
4
2.5
2,108
1224 S CORRINE Drive, Gilbert, AZ
0.10
Single-Family Home
$495,000
07/31/26
3
2
1,825
652 E DEVON Drive, Gilbert, AZ
0.23
Single-Family Home
$559,900
08/28/25
4
2.5
2,039
551 E SHERRI Drive, Gilbert, AZ
0.03
Single-Family Home
$535,000
07/20/26
3
2
1,401
515 E SHERRI Drive, Gilbert, AZ
0.04
Single-Family Home
$435,000
11/24/25
3
2
1,283
616 E SHEFFIELD Avenue, Gilbert, AZ
0.17
Single-Family Home
$475,000
09/04/25
3
2
1,648
1125 S LARKSPUR Street, Gilbert, AZ
0.23
Single-Family Home
$605,000
10/30/25
4
2.5
2,414
558 E DEVON Drive, Gilbert, AZ
0.19
Single-Family Home
$489,900
05/14/26
3
2
1,655

Nearby homes

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Assigned Schools

These are the assigned schools for 540 E Sherri Dr.
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

Neely Farms
See Local Highlights
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 "
    0
    Flag
  • 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."
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

371 pet-friendly rentals in Gilbert, AZ

Explore by feature - Garage

515 rentals with a garage in Gilbert, AZ

Explore by feature - Air Conditioning

442 rentals with air conditioning in Gilbert, AZ

Explore by feature - Pool

463 rentals with a pool in Gilbert, AZ

Explore by feature - Washer/dryer

511 rentals with a washer/dryer in Gilbert, AZ

Explore by feature - Outdoor Space

285 rentals with an outdoor space in Gilbert, AZ

Homes for sale near 540 E Sherri Dr

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Off Market Homes Near 540 E Sherri Dr

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Frequently asked questions about 540 E Sherri Dr

  • What is 540 E Sherri Dr estimated to be worth?
    Trulia's estimated value for 540 E Sherri Dr in Gilbert, AZ is $553,500.
  • What is the price history for 540 E Sherri Dr?
    540 E Sherri Dr in Gilbert, AZ last sold for $477,500 in February 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 $569K. That is down $3.33K from the prior month.
  • Does 540 E Sherri Dr have air conditioning?
    Yes, 540 E Sherri Dr in Gilbert, AZ has air conditioning.
  • Does 540 E Sherri Dr have laundry facilities?
    Yes, 540 E Sherri Dr in Gilbert, AZ has in-unit laundry.