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$279,500

Beds
2
Baths
2.0
sq ft
1,107

1508 South Grand Drive, Apache Junction, AZ 85120

1508 South Grand Drive

Apache Junction, AZ 85120

  • 34 days on market
Tenant occupied home in the 55+ community of Apache Villa. If you want a rental property with a built in tenant, then this is it! Home was renovated in the recent past with wood plank flooring and lots of storage. Yard is fully fenced in the rear with 2 sheds.

Details

Property type

Single Family Residence

Est. home value

$273,728

Lot size

6,241 sq ft

Price per sq ft

$253

Year built

1972

Annual property taxes

$1,623

HOA fee

$300

Price History

02/27/2025
ArizonaRegional

ArizonaRegional #6827697

Listed
$279,500

Schools & Community

Elementary school: 

Adult

Middle school: 

Adult

High school: 

Apache Junction High School

Community features: 

Clubhouse, Pool

High school district: 

Apache Junction Unified District

Senior community center: 

Yes

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

$192,258
Asking price
$279,500
Closing costs (~8% of asking)
-$22,360
Est. remaining loan balance
-$64,882
Cash to seller
$192,258

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

Seller’s Loan History

Lender

Amerifirst Financial Inc

Loan start date

November 2012

Original loan amount

$91,935

Est. remaining balance

$64,882

Interest rate

3.39%

Loan type

VA, 30 year

Seller

Jerome A Gilman

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: 04/03/2025 at 11:30 AM

Listing updated: 03/10/2025 at 3:43 PM

Listed by: John Gordon, Coldwell Banker Realty Phone #: (480) 834-9131

MLS: ArizonaRegional #6827697

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