tomo logo

$1,445,000

Beds
6
Baths
4.5
sq ft
4,639

1424 E Arabian Ct, Gilbert, AZ 85296

1424 E Arabian Ct

Gilbert, AZ 85296

  • 58 days on market
    • Price drop $50,000↓
Exceptional multi gen living in central Gilbert, on a culdesac! Single level luxury home on almost an acre with guest house, pool w/ rock waterfall, additional spa/pool, gas fire pit, sport court, and more. 3 car garage w epoxy floor. PLUS, detached 2+ car garage / shop & FULL 950 sq. ft. casita (incl. in sq ft). Pavered walkway / side drive. Double front doors open to formal living room & separate dining room with plantation shutters. 10 ft ceilings & crown molding throughout. Dream kitchen with stainless steel appliances, double ovens, trash compactor, oversized island, walk-in pantry, breakfast room and white raised cabinets. Separate bar, complete with wine refrigerator. Master suite w/ French doors + private exit. Master bath has brand new tiled shower, quartz counters & Jacuzzi tub. Newly remodeled secondary bathrooms have never been "lived in!" Secondary baths also include quartz countertops w/ double sinks. Use front bedroom as a home office or a bedroom. Middle bedrooms complete with desks, cabinets and closet built-ins. Back bedroom functions as either a home theater (screen & projector convey) or bedroom. RV gate is electric / solar powered. Newer solar tubes provide additional interior light. Guest house / casita / pool house was built in 2017 and includes: cork flooring throughout, granite countertops, a murphy bed / shelving in the living room, built-in desk in master bedroom, tankless hot water heater and full laundry room (washer / dryer convey). Beautiful full-wall slider leads to pool. Horse privileges allow for up to 3 horses to be kept on property and / or house up to 2 horses at the community stables (at 435 S. Granite St.) for a small fee. Unique equestrian community in the heart of Gilbert, complete with bridle paths for walking and / or riding horses. LOCATION, LOCATION, LOCATION!!!

Details

Property type

Single Family Residence

Est. home value

$1,009,228

Lot size

0.8 acres

Price per sq ft

$312

Year built

1997

Annual property taxes

$4,387

Monthly HOA fee

$121

Price History

12/07/2024
ArizonaRegional

ArizonaRegional #6776166

Price change
$1,445,000
-3.34%
10/26/2024
ArizonaRegional

ArizonaRegional #6776166

Listed
$1,495,000
+169.37%
11/26/2014
ArizonaRegional

ArizonaRegional #5177624

Sold
$555,000

Schools & Community

Neighborhood: 

Silverstone Ranch

Elementary school: 

Mesquite Elementary

Middle school: 

Greenfield Junior High School

High school: 

Gilbert High School

Community features: 

Playground

High school district: 

Gilbert Unified District

Seller’s Loan History

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

Lender

Bmo Bank Na

Loan start date

October 2023

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Credit Line (Revolving), 40 year

Seller

Stephen Mischen and Angela Mischen

Lender

Cherry Creek Mortgage Co Inc

Loan start date

April 2020

Original loan amount

$451,200

Est. remaining balance

$407,744

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Stephen Mischen and Angela Mischen

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: 12/23/2024 at 4:10 AM

Listing updated: 12/06/2024 at 8:51 PM

Listed by: Angela Mischen, The Property Boutique Phone #: (602) 793-2923

MLS: ArizonaRegional #6776166

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