tomo logo

$570,000

Beds
4
Baths
2.0
sq ft
1,809

1157 E Orchid Ln, Gilbert, AZ 85296

1157 E Orchid Ln

Gilbert, AZ 85296

  • <1 day on market
Beautiful single story home featuring a light and bright open concept with spacious family room with gas fireplace, large kitchen with island, and vaulted ceilings. This beautiful yard can be enjoyed year-round. Host fun gatherings in the fabulous backyard with covered patio, sparkling resurfaced with pebble Tech pool w/built-in seats.

Details

Property type

Single Family Residence

Est. home value

$571,496

Lot size

7,126 sq ft

Price per sq ft

$316

Year built

1996

Annual property taxes

$1,814

Monthly HOA fee

$44

Price History

10/02/2024
ArizonaRegional

ArizonaRegional #6764936

Listed
$570,000
-9.52%
10/17/2022
ArizonaRegional

ArizonaRegional #6410221

Sold
$630,000
+20%
05/13/2022
ArizonaRegional

ArizonaRegional #6365322

Sold
$525,000

Schools & Community

Neighborhood: 

Lindsay Ranch

Elementary school: 

Mesquite Elementary School - Gilbert

Middle school: 

South Valley Jr. High

High school: 

Campo Verde High School

Community features: 

Playground

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

-$57,639
Asking price
$570,000
Closing costs (~8% of asking)
-$45,600
Est. remaining loan balance
-$582,039
Cash to seller
-$57,639

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2022

Original loan amount

$598,500

Est. remaining balance

$582,039

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Jake Marsh and Andrea Marsh

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?

Status: Active

Tomo last checked: 10/01/2024 at 7:25 PM

Listing updated: 10/01/2024 at 5:59 PM

Listed by: Luke Careccia, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6764936

ArizonaRegional logo

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