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$571,496Estimated home value

Beds
4
Baths
2.0
sq ft
1,809

1157 E Orchid Ln, Gilbert, AZ 85296

1157 E Orchid Ln

Gilbert, AZ 85296

  • Sold On 10/17/2022
    • Price drop $2,500↓
Amazing Single Story, 4 Bed, 2 Bath 3 car Garage Gilbert Home w/ 1809 sq ft of living space on a HUGE lot complete w/ a new roof (10/2020) a pool and a den. This desirable Lindsay Ranch Community is close to Downtown Gilbert, San Tan Village shopping, & the 202 freeway. Discover an unique fully remodeled home open floor made bright & airy by vaulted ceilings & New A/C unit Open concept eat-in kitchen & family room. Maple cabinetry, large island w/ seating, stainless appliances complete w/ a custom backsplash. Spacious family room w/ a gas fireplace and door leading you to the backyard. 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. Make this one yours today!

Details

Property type

Single Family Residence

Est. home value

$571,496

Lot size

7,126 sq ft

Price per sq ft

$339

Year built

1996

Annual property taxes

$1,306.64

Monthly HOA fee

$44

Price History

10/31/2024
ArizonaRegional

ArizonaRegional #6764936

Removed
$555,000
10/11/2024
ArizonaRegional

ArizonaRegional #6764936

Price change
$555,000
-2.63%
10/02/2024
ArizonaRegional

ArizonaRegional #6764936

Listed
$570,000
-9.52%

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

-$17,812
Asking price
$612,500
Closing costs (~8% of asking)
-$49,000
Est. remaining loan balance
-$581,312
Cash to seller
-$17,812

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

$581,312

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?

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Status: Off Market

Tomo last checked: 11/05/2024 at 5:25 AM

Listing updated: 04/12/2024 at 4:37 PM

Listed by: Tyler Blair, My Home Group Real Estate

MLS: ArizonaRegional #6410221

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