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Sold for $550,000
  • $550,000

    940 S CANAL Drive, Gilbert, AZ 85296

    4beds
    2baths
    1,800sqft
    Single Family Residence
    Built in 1996
    9,871 Square Feet Lot
    $541,200 Zestimate®
    $306/sqft
    $2,738 Estimated rent

    Home value

    $541,200

    $492,000 - $595,000

    $2,738/mo

    Zestimate® history
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    What's special

    Welcome to your beautifully updated 4-bedroom, 2-bath home featuring a sparkling pool, rare 3-car garage, and RV gate—perfect for extra storage or your weekend toys! With 1,800 sqft of well-designed living space, this home offers vaulted ceilings that create an open, airy feel throughout. Upgraded in 2025 with new carpet, fresh interior and exterior paint, and a brand-new HVAC system, this home is truly move-in ready. The home boasts new quartz countertops throughout and modern fixtures, while stylish updates continue throughout with refreshed lighting and hardware. Step into your spacious backyard oasis, ideal for entertaining, relaxing by the pool, or enjoying the Arizona sunshine. Items Updated/Replaced 2025: HVAC, Pool Pump, Carpet, Interior Paint, Exterior Paint, Quartz countertops throughout, light fixtures, door hardware

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Mazzucco 480-334-7062,

    My Home Group Real Estate

    Bought with:

    Trisha Euper, SA535552000

    AZ Seville Realty, LLC

    Source: ARMLS,MLS#: 6849555MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal
    • Laundry: Inside
    Features
    • Double Vanity, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Separate Shwr & Tub
    • Flooring: Carpet, Tile
    • Windows: Skylight(s), Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,800
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: RV Gate, Garage Door Opener
    • Garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Has private pool: Yes
    • Pool features: Play Pool
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 9,871 sqft
    • Features: Sprinklers In Rear, Sprinklers In Front
    Details
    • Parcel number: 30426564

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame
    • Roof: Tile
    Condition
    • Year built: 1996
    Details
    • Builder name: Westmark

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Location
    • Region: Gilbert
    • Subdivision: COTTONWOODS CROSSING UNIT 1

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $49 monthly
    • Services included: Maintenance Grounds
    • Association name: Cottonwoods Crossing
    • Association phone: 480-844-2224

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/16/2025Sold$550,000+0%$306/sqft
    Source: ARMLS #6849555 Report a problem
    4/24/2025Pending sale$549,900$306/sqft
    Source: ARMLS #6849555 Report a problem
    4/18/2025Listed for sale$549,900+231.3%$306/sqft
    Source: ARMLS #6849555 Report a problem
    4/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/29/2023Listed for rent$2,200+29.8%$1/sqft
    Source: Zillow Rentals Report a problem
    9/6/2018Listing removed$1,695$1/sqft
    Source: Desert Valley Realty & Property Management Report a problem
    8/30/2018Listed for rent$1,695+6.3%$1/sqft
    Source: Desert Valley Realty & Property Management Report a problem
    6/2/2015Listing removed$1,595$1/sqft
    Source: Postlets Report a problem
    5/30/2015Price change$1,595+6.7%$1/sqft
    Source: Postlets Report a problem
    5/28/2015Listed for rent$1,495$1/sqft
    Source: Postlets Report a problem
    11/26/2014Listing removed$1,495$1/sqft
    Source: Postlets Report a problem
    11/19/2014Listed for rent$1,495$1/sqft
    Source: Postlets Report a problem
    4/26/2000Sold$166,000+11.4%$92/sqft
    Source: ARMLS #1460465 Report a problem
    5/27/1999Sold$149,000+43.8%$83/sqft
    Source: Public Record Report a problem
    4/10/1996Sold$103,600$58/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,817 -14.1%$46,330 -5.8%
    2024$2,116 -2.4%$49,170 +118.8%
    2023$2,167 +1.1%$22,474 -27.8%
    2022$2,144 -1.9%$31,130 +5.8%
    2021$2,184 +28.7%$29,420 +8%
    2020$1,698 +3%$27,230 +8.4%
    2019$1,649 $25,130 +8%
    2018$1,649 +3.6%$23,260 +7.3%
    2017$1,592 +6%$21,670 +3.4%
    2016$1,502 -4.9%$20,950 +4.4%
    2015$1,580 $20,060 +27.1%
    2014-- $15,780 +19.8%
    2013-- $13,170 -8%
    2012-- $14,310 -9.5%
    2011-- $15,820 -12.6%
    2010-- $18,110 -21%
    2009-- $22,930 -14.8%
    2008-- $26,900 +7.6%
    2007-- $25,000 +60.3%
    2006-- $15,600
    2005-- $15,600 +13%
    2004-- $13,800
    2003-- $13,800 +10.8%
    2002-- $12,450

    Find assessor info on the county website

    Neighborhood: Cottonwoods Crossing

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Greenfield Elementary School
    • Middle: Greenfield Elementary School
    • High: Gilbert High School
    • District: Gilbert Unified District

    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
    $541,200
    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
    $541,200