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$525,000

Beds
3
Baths
2.0
sq ft
1,600

1502 East Detroit Street, Chandler, AZ 85225

1502 East Detroit Street

Chandler, AZ 85225

  • 18 days on market
    • Price drop $4,999↓
Welcome to this beautifully remodeled 3-bedroom, 2-bath home located in the prestigious Chandler School District. Boasting 1,600 square feet of thoughtfully designed living space, this home offers both comfort and style. Situated in the desirable Tradition subdivision with no HOA, it's just minutes from the vibrant downtown areas of Chandler and Gilbert, offering an abundance of shopping, dining, and entertainment options. As you step inside, you'll be greeted by a spacious great room filled with natural light, thanks to the soaring vaulted ceilings. The updated flooring throughout adds a modern touch, while the extra storage space enhances the home's practicality. Whether you're entertaining or enjoying quiet family time, this home provides the perfect balance of elegance and functionality. Don't miss the opportunity to make this stunning home yours!

Details

Property type

Single Family Residence

Est. home value

$463,655

Lot size

5,602 sq ft

Price per sq ft

$329

Year built

1994

Annual property taxes

$1,521

HOA

No

Price History

03/31/2025
ArizonaRegional

ArizonaRegional #6835358

Price change
$525,000
-0.94%
03/30/2025
ArizonaRegional

ArizonaRegional #6835358

Price change
$529,999
03/14/2025
ArizonaRegional

ArizonaRegional #6835358

Listed
$530,000
+9.73%

Schools & Community

Neighborhood: 

The Traditions

Elementary school: 

Sanborn Elementary School

Middle school: 

Willis Junior High School

High school: 

Hamilton High School

High school district: 

Chandler Unified District #80

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

$110,850
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$372,150
Cash to seller
$110,850

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

Seller’s Loan History

Lender

Starboard Financial Management Llc

Loan start date

September 2022

Original loan amount

$386,400

Est. remaining balance

$372,150

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Michael Moberg and Khanh Dao

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: 04/01/2025 at 3:55 PM

Listing updated: 03/31/2025 at 10:15 AM

Listed by: Tina L Nerland, ProSmart Realty Phone #: (480) 540-2213

MLS: ArizonaRegional #6835358

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