2940 E Cathy Dr Gilbert, AZ 85296
Morrison Ranch NeighborhoodEstimated payment $4,240/month
Highlights
- Play Pool
- Vaulted Ceiling
- 3 Car Direct Access Garage
- Higley Traditional Academy Rated A
- 1 Fireplace
- Eat-In Kitchen
About This Home
Welcome to this spacious 4-bedroom, 2.5-bath, 3-car garage home in the popular Rancho Corona community. Enjoy plenty of room for everyone, this home features a dedicated office, a massive upstairs media room, formal living and dining areas, plus a comfortable great room with a fireplace that connects to a large, open kitchen—perfect for family time or hosting friends. Out back, enjoy a sparkling pool and a generously sized yard with plenty of space to relax, BBQ, or let the kids and pets play. Rancho Corona is known for its welcoming vibe and community feel, making it a great spot for families, first-time buyers, or anyone looking for more space to enjoy at home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,841
Year Built
- Built in 1999
Lot Details
- 8,808 Sq Ft Lot
- Block Wall Fence
HOA Fees
- $61 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 3,597 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
Kitchen
- Eat-In Kitchen
- Electric Cooktop
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Pool
- Play Pool
- Diving Board
Outdoor Features
- Patio
Schools
- Higley Traditional Academy Elementary And Middle School
- Higley High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 195
- Assessor Parcel Number 309-15-195
Community Details
Overview
- Association fees include ground maintenance
- Rancho Corona Association, Phone Number (480) 820-1519
- Built by US HOME CORP
- Rancho Corona Subdivision
Recreation
- Community Playground
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,668 | $35,314 | -- | -- |
| 2024 | $2,854 | $33,632 | -- | -- |
| 2023 | $2,854 | $51,520 | $10,300 | $41,220 |
| 2022 | $2,732 | $39,070 | $7,810 | $31,260 |
| 2021 | $2,798 | $37,510 | $7,500 | $30,010 |
| 2020 | $2,842 | $35,250 | $7,050 | $28,200 |
| 2019 | $2,764 | $33,460 | $6,690 | $26,770 |
| 2018 | $2,666 | $31,630 | $6,320 | $25,310 |
| 2017 | $2,573 | $31,200 | $6,240 | $24,960 |
| 2016 | $2,616 | $30,160 | $6,030 | $24,130 |
| 2015 | $2,283 | $29,880 | $5,970 | $23,910 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | Price Changed | $750,000 | -5.7% | $209 / Sq Ft |
| 09/23/2025 09/23/25 | Price Changed | $795,000 | -3.6% | $221 / Sq Ft |
| 07/23/2025 07/23/25 | For Sale | $825,000 | -- | $229 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $315,000 | Lsi Title Agency | |
| Trustee Deed | $486,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Joint Tenancy Deed | $579,900 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Warranty Deed | $515,000 | Fidelity National Title | |
| Warranty Deed | $261,000 | Chicago Title | |
| Warranty Deed | $225,996 | Stewart Title & Trust |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $236,250 | Purchase Money Mortgage | |
| Previous Owner | $57,990 | Unknown | |
| Previous Owner | $521,910 | Purchase Money Mortgage | |
| Previous Owner | $521,910 | Purchase Money Mortgage | |
| Previous Owner | $77,250 | Fannie Mae Freddie Mac | |
| Previous Owner | $412,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $125,000 | New Conventional | |
| Previous Owner | $203,350 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6896530
APN: 309-15-195
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