tomo logo

$588,500

Beds
4
Baths
2.0
sq ft
1,942

1114 N Velma Ct, Gilbert, AZ 85233

1114 N Velma Ct

Gilbert, AZ 85233

  • 42 days on market
    • Price drop $500↓
Discover this exceptional ADA-accessible 4-bedroom, 2-bathroom home in Cooper Ranch, Gilbert, perfectly designed for comfortable living and entertaining. Enjoy the inviting atmosphere with fresh interior and exterior paint, solid wood doors, and brand new tile flooring throughout. The spacious, brand new extended porch is ideal for relaxing by the pool, while two charming barn doors add a unique touch to the open layout. The home boasts a well-maintained AC system (only 4 years old) and a brand new roof and fascia boards (2021). Outdoor spaces feature stunning travertine pavers, pet-friendly artificial turf, and a professional putting and chipping area designed by Celebrity Greens. With recent upgrades including a new power panel box (2022), water heater for the hot tub (2021)... and a modern kitchen remodel (2020) with new appliances (2022), this home blends style and functionality. Amazing solar powered pool lift for easy access to enjoy the sparkling pool. A 220 outlet in the garage is perfect for EV charging, while an accent wall installed in 2021 adds a stylish flair. This beautifully updated home is ready for you to make lasting memories!

Details

Property type

Single Family Residence

Est. home value

$549,074

Lot size

7,593 sq ft

Price per sq ft

$304

Year built

1995

Annual property taxes

$1,891

Monthly HOA fee

$50

Price History

11/01/2024
ArizonaRegional

ArizonaRegional #6769960

Price change
$588,500
-0.08%
10/18/2024
ArizonaRegional

ArizonaRegional #6769960

Price change
$589,000
-1.67%
10/11/2024
ArizonaRegional

ArizonaRegional #6769960

Listed
$599,000
+55.5%

Schools & Community

Neighborhood: 

Cooper Ranch

Elementary school: 

Oak Tree Elementary

Middle school: 

Mesquite Jr High School

High school: 

Mesquite High School

High school district: 

Gilbert Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$217,784
Asking price
$588,500
Closing costs (~8% of asking)
-$47,080
Est. remaining loan balance
-$323,636
Cash to seller
$217,784

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loan Simple Inc

Loan start date

August 2020

Original loan amount

$356,250

Est. remaining balance

$323,636

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Justin W Miller

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 9:55 PM

Listing updated: 11/18/2024 at 12:43 AM

Listed by: Geoffrey Adams, Realty ONE Group Phone #: (480) 321-8100

MLS: ArizonaRegional #6769960

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