tomo logo

$525,000

Beds
4
Baths
2.0
sq ft
1,820

1639 E Redfield Rd, Gilbert, AZ 85234

1639 E Redfield Rd

Gilbert, AZ 85234

  • 176 days on market
    • Price drop $40,000↓
AT CURRENT LIST PRICE, HOME COULD BE A SHORT SALE AND WILL REQUIRE BANK APPROVAL. SHORT SALE PROCESS BEING INITIATED WITH THE LENDER 1-16-25. STATUS OF SOLAR SYSTEM TO BE DETERMINED DURING ESCROW DUE TO TESLA LOAN TERMS ON ORIGINAL AGREEMENT. ALL ELECTRIC* ZERO UTILITY BILLS *MONTHLY REBATE FROM SRP* TOP OF THE LINE TESLA SOLAR *HIGH EFFICIENCY HVAC SYSTEM 2023* *WOOD FLOORING AND CARPET 2024* *HALL BATH ENLARGE AND REMODEL 2024* *TESLA SOLAR SYSTEM 2024* PERFECT FAMILY HOME IN SONOMA RANCH. GREAT SCHOOLS CLOSE BY, NEIGHBORHOOD PARKS, BEAUTIFUL YARD WITH SWIMMING POOL. NORTH SOUTH FACING HOME. HOME IS MOVE IN READY.

Details

Property type

Single Family Residence

Est. home value

$556,478

Lot size

7,166 sq ft

Price per sq ft

$289

Year built

1995

Annual property taxes

$1,826

HOA fee

$235

Price History

01/16/2025
ArizonaRegional

ArizonaRegional #6750971

Price change
$525,000
-7.08%
12/02/2024
ArizonaRegional

ArizonaRegional #6750971

Price change
$565,000
-1.74%
10/12/2024
ArizonaRegional

ArizonaRegional #6750971

Price change
$575,000
-1.71%

Schools & Community

Neighborhood: 

Sonoma Ranch

Elementary school: 

Sonoma Ranch Elementary School

Middle school: 

Greenfield Junior High School

High school: 

Gilbert High School

Community features: 

Playground, 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

-$6,398
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$489,398
Cash to seller
-$6,398

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

February 2022

Original loan amount

$522,500

Est. remaining balance

$489,398

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Mary K Black and Katherine D Black

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: 02/23/2025 at 12:15 AM

Listing updated: 01/17/2025 at 7:30 PM

Listed by: Shawn Abrams, Call Realty, Inc. Phone #: (480) 988-7100

MLS: ArizonaRegional #6750971

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