tomo logo

$489,900

Beds
3
Baths
2.5
sq ft
1,610

2222 E Arabian Dr, Gilbert, AZ 85296

2222 E Arabian Dr

Gilbert, AZ 85296

  • 80 days on market
Welcome to this fabulous 2-story home in the heart of Gilbert! Featuring over 1,600 square feet of well-designed living space, this home offers 3 spacious bedrooms, a versatile loft, and 2.5 bathrooms. The cozy kitchen is equipped with beautiful white cabinetry, a breakfast bar, and stainless steel appliances, making it a perfect gathering spot. Outside, both the front and backyard boast lush green grass, with the backyard showcasing a large covered patio, a sparkling fenced pool, and a convenient separate storage area. With a spacious backyard ideal for hosting and a prime location near entertainment and shopping, this home has it all!

Details

Property type

Single Family Residence

Est. home value

$480,055

Lot size

4,940 sq ft

Price per sq ft

$305

Year built

1996

Annual property taxes

$1,965

Monthly HOA fee

$59

Price History

12/20/2024
ArizonaRegional

ArizonaRegional #6779166

Sold
$494,000
+0.84%
11/12/2024
ArizonaRegional

ArizonaRegional #6779166

Pending
$489,900
11/02/2024
ArizonaRegional

ArizonaRegional #6779166

Listed
$489,900
+113%

Schools & Community

Neighborhood: 

Finley Farms

Elementary school: 

Finley Farms Elementary

Middle school: 

Greenfield Junior High School

High school: 

Gilbert High School

Community features: 

Playground

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

$266,895
Asking price
$489,900
Closing costs (~8% of asking)
-$39,192
Est. remaining loan balance
-$183,813
Cash to seller
$266,895

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

Seller’s Loan History

Lender

Nova Financial & Investment Corp

Loan start date

June 2016

Original loan amount

$225,834

Est. remaining balance

$183,813

Interest rate

3.61%

Loan type

FHA, 30 year

Seller

Elizabeth D Erb

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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ArizonaRegional
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1090 S Nancy Ln, Gilbert, AZ 85296

Status: Active

Tomo last checked: 01/22/2025 at 11:05 AM

Listing updated: 01/13/2025 at 10:52 AM

Listed by: Erika James, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6779166

ArizonaRegional logo

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