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Sold for $2,200,000
  • $2,200,000

    2040 E ARIS Drive, Gilbert, AZ 85298

    5beds
    5baths
    5,032sqft
    Single Family Residence
    Built in 2015
    0.49 Acres Lot
    $2,187,200 Zestimate®
    $437/sqft
    $6,795 Estimated rent

    Home value

    $2,187,200

    $1.99M - $2.41M

    $6,795/mo

    Zestimate® history
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    What's special

    Open floor planHigh ceilingsFlooded with natural lightStunning kitchenEngineered wood flooringCustom bathroomsWood trim
    Absolutely STUNNING, highly upgraded 5 bed, 5 bath home in Gilbert's coveted Legacy at Freeman Farms. This 5032 sq ft gem boasts a gourmet kitchen like no other. Enjoy an open floor plan with high ceilings, flooded with natural light. Upgrades include engineered wood flooring, custom bathrooms, stunning kitchen, wood trim and wallpaper in all the right places, and so much more. Located near top rated schools, dining, shopping and Gilbert Regional Park. The nicest, most upgraded home you will find under $2.5 million in the east valley. Do not hesitate to take a look and make your offer!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nate Hunsaker 480-522-8162,

    West USA Realty

    Bought with:

    Lori Eitel, SA101412000

    Realty ONE Group

    Source: ARMLS,MLS#: 6905906MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Bedroom
    • Area: 168
    • Dimensions: 12.00 x 14.00
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
    • Laundry: Inside
    Features
    • Pantry, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Stone, Tile, Wood
    • Windows: Low Emissivity Windows, Solar Screens, Double Pane Windows
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Exterior Fireplace, Family Room, Gas
    Interior area
    • Total structure area: 5,032
    • Total interior livable area: 5,032 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: RV Gate, Garage Door Opener
    • Garage spaces: 4
    • Uncovered spaces: 6
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Playground, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Variable Speed Pump, Fenced, Heated
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 0.49 Acres
    • Features: North/South Exposure, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Parcel number: 30494720

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Blown Cellulose, Painted
    • Roof: Tile
    Condition
    • Year built: 2015
    Details
    • Builder name: Fulton

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Energy efficient items: Multi-Zones

    Community & neighborhood

    Community
    • Community features: Gated, Playground, Biking/Walking Path
    Location
    • Region: Gilbert
    • Subdivision: LEGACY AT FREEMAN FARMS

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $720 quarterly
    • Services included: Maintenance Grounds, Street Maint
    • Association name: Legacy
    • Association phone: 480-355-1190

    Other

    Other facts
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/20/2025Sold$2,200,000-4.1%$437/sqft
    Source: ARMLS #6905906 Report a problem
    9/12/2025Pending sale$2,295,000$456/sqft
    Source: ARMLS #6905906 Report a problem
    8/14/2025Listed for sale$2,295,000+12%$456/sqft
    Source: ARMLS #6905906 Report a problem
    6/24/2024Sold$2,050,000+2.5%$407/sqft
    Source: ARMLS #6693461 Report a problem
    5/5/2024Pending sale$1,999,999$397/sqft
    Source: ARMLS #6693461 Report a problem
    5/2/2024Listed for sale$1,999,999+42.9%$397/sqft
    Source: ARMLS #6693461 Report a problem
    10/29/2020Sold$1,400,000-6.6%$278/sqft
    Source: ARMLS #6108695 Report a problem
    9/24/2020Pending sale$1,499,000$298/sqft
    Source: Bayer Realty #6108695 Report a problem
    7/29/2020Listed for sale$1,499,000$298/sqft
    Source: Bayer Realty #6108695 Report a problem
    7/29/2020Pending sale$1,499,000$298/sqft
    Source: Bayer Realty #6108695 Report a problem
    7/27/2020Listed for sale$1,499,000+79.1%$298/sqft
    Source: Bayer Realty #6108695 Report a problem
    4/14/2015Sold$836,881$166/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,295 +1.7%$145,420 -7.1%
    2024$6,188 +2.2%$156,550 +130.3%
    2023$6,054 +1.2%$67,984 -30.9%
    2022$5,981 -2%$98,420 +4.4%
    2021$6,103 +4%$94,300 +9.7%
    2020$5,868 +3.4%$85,930 +6%
    2019$5,675 $81,060 +14.5%
    2018$5,675 +6.7%$70,780 +3.8%
    2017$5,320 +777.5%$68,180 +5.8%
    2016$606 $64,420

    Find assessor info on the county website

    Neighborhood: Freeman Farms

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Weinberg Gifted Academy
    • Middle: Willie & Coy Payne Jr. High
    • High: Perry High School
    • District: Chandler Unified District #80

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,187,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,187,200