tomo logo

$569,990

Beds
4
Baths
2.0
sq ft
2,049

1285 E Palo Verde St, Gilbert, AZ 85296

1285 E Palo Verde St

Gilbert, AZ 85296

  • Pending
A rare find! This amazing single-level home with a 3-car garage is the one you're looking for! The combined living & dining room greets you upon entering. Features like wood & tile flooring, stylish light fixtures, vaulted ceilings, and custom paint add to the overall appeal. Notice the delightful fireplace in the large great room, making it a perfect spot for relaxing and entertaining. The kitchen impresses with stainless steel appliances, ample cabinetry, a pantry, a prep island with a breakfast bar, and a lovely bay window in the breakfast nook. Open the double doors to discover the carpeted primary bedroom, equipped with a walk-in closet and an ensuite with dual sinks. Spacious backyard includes a covered patio and play area. Don't miss this fantastic deal!

Details

Property type

Single Family Residence

Est. home value

$538,667

Lot size

7,697 sq ft

Price per sq ft

$279

Year built

1994

Annual property taxes

$1,838

Monthly HOA fee

$53

Price History

01/09/2025
ArizonaRegional

ArizonaRegional #6798143

Pending
$569,990
12/31/2024
ArizonaRegional

ArizonaRegional #6798143

Listed
$569,990
+54.05%
07/23/2020
ArizonaRegional

ArizonaRegional #6079831

Sold
$370,000

Schools & Community

Neighborhood: 

Val Vista Place

Elementary school: 

Gilbert Elementary School

Middle school: 

Greenfield Junior High School

High school: 

Gilbert High School

Community features: 

Sidewalks

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

$204,449
Asking price
$569,990
Closing costs (~8% of asking)
-$45,599
Est. remaining loan balance
-$319,942
Cash to seller
$204,449

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 2021

Original loan amount

$345,000

Est. remaining balance

$319,942

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Robert Penate and Rachel Elizabeth Penate

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: Pending/Under Contract

Tomo last checked: 01/09/2025 at 3:05 PM

Listing updated: 01/09/2025 at 12:35 PM

Listed by: Matthew Kochis, Real Broker Phone #: (602) 755-3415

MLS: ArizonaRegional #6798143

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