tomo logo

$1,400,000

Beds
5
Baths
4.5
sq ft
4,343

1925 E La Costa Dr, Gilbert, AZ 85298

1925 E La Costa Dr

Gilbert, AZ 85298

  • 24 days on market
    • Price drop $99,000↓
Modern Luxury with all of techonology you could ever imagine is just the start of this amazing home! Located in the very exclusive Marathon Ranch, this house is guaranteed to please even the most discerning clients. The entry way and driveway feature custom pavers and a gated entry into your private courtyard. Once inside you will see sweeping views into the living room and kitchen area. Everything in this home is top-notch but that is only the start. Not only do you have a split 3 car garage with extra space, the single car garage opens into a separate private suite with its own kitchenette and bathroom. If that were not enough, you will appreciate the Tesla Powerwall units (2) and OWNED solar panel system that produces more than 100Kwh on average days. Literally, there is too much to describe here. The owners have taken great care and added some features that you just will not find anywhere else in Marathon Ranch like: 40,000 BTU pool heater, 3rd HVAC system to balance the heating/cooling needs, a 400 amp residential electrical system with two 50 amp splits and don't forget the EV Charging station. With the Tesla Powerwalls (2) you can expect the system to perform above your expectations. If the power goes out, you're covered for even extended outtages. If the luxurious interior, and the techonological advances were not enough, then being located next to common area on the rear and right will afford you unmatched privacy in this super large lot! Truly, this is a one-of-a-kind property.

Details

Property type

Single Family Residence

Est. home value

$1,359,300

Lot size

0.29 acres

Price per sq ft

$323

Year built

2019

Annual property taxes

$4,707

Monthly HOA fee

$200

Price History

06/29/2024
ArizonaRegional

ArizonaRegional #6714995

Price change
$1,400,000
-6.6%
06/08/2024
ArizonaRegional

ArizonaRegional #6714995

Listed
$1,499,000
+15.31%
12/20/2021
ArizonaRegional

ArizonaRegional #6300600

Sold
$1,300,000

Schools & Community

Elementary school: 

Charlotte Patterson Elementary

Middle school: 

Willie & Coy Payne Jr. High

High school: 

Basha High School

Community features: 

Gated, Playground

High school district: 

Chandler 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

$364,315
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$923,685
Cash to seller
$364,315

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$975,000

Est. remaining balance

$923,685

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Juan V Lopez Preciado

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: 07/02/2024 at 4:55 PM

Listing updated: 06/30/2024 at 12:24 AM

Listed by: John A Chard, West USA Realty Phone #: (480) 820-3333

MLS: ArizonaRegional #6714995

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