tomo logo

$875,000

Beds
4
Baths
3.0
sq ft
2,913

1521 W Commerce Ave, Gilbert, AZ 85233

1521 W Commerce Ave

Gilbert, AZ 85233

  • 68 days on market
    • Price drop $25,000↓
High End designer remodel! Leave the city behind as you drive through the gates to your new home in a unique private recreational lake community where your family can enjoy a jet ski, ski boat, kayaks, SUPs and more! Bright and open with lot's of natural light. Entertain friends and family in the large open kitchen (European frameless cabinets, new GE Cafe appliances, dual fuel oven, appliance garage) around the cantilever island as guests enjoy the huge patio. The finest of finishings from 48x24 tile, slatwall, smart door and wet bar with the necessities of full home water filtration, two RO systems, automatic lights and a Tesla charger. Private gate to from backyard to Gilbert's best recreational park and activity center.Bike 2 miles down canal to all the restaurants of downtown Gilbert

Details

Property type

Single Family Residence

Est. home value

$707,897

Lot size

8,250 sq ft

Price per sq ft

$301

Year built

2003

Annual property taxes

$2,526

Monthly HOA fee

$283

Price History

08/28/2024
ArizonaRegional

ArizonaRegional #6730955

Price change
$875,000
-2.78%
08/06/2024
ArizonaRegional

ArizonaRegional #6730955

Price change
$900,000
-2.7%
07/23/2024
ArizonaRegional

ArizonaRegional #6730955

Price change
$925,000
-2.63%

Schools & Community

Neighborhood: 

Playa del Rey

Elementary school: 

Playa Del Rey Elementary School

Middle school: 

Mesquite Jr High School

High school: 

Mesquite High School

Community features: 

Gated, Playground, Clubhouse

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

$407,541
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$397,459
Cash to seller
$407,541

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2023

Original loan amount

$405,000

Est. remaining balance

$397,459

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Karlla Simoes Greinermiller and Travis Hyre

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: 09/19/2024 at 10:05 AM

Listing updated: 09/01/2024 at 7:40 PM

Listed by: Kevin Weil, RE/MAX Excalibur Phone #: (480) 355-3500

MLS: ArizonaRegional #6730955

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