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$1,500,000

Beds
5
Baths
4.5
sq ft
3,994

2386 E Redfield Rd, Gilbert, AZ 85234

2386 E Redfield Rd

Gilbert, AZ 85234

  • 127 days on market
    • Price drop $55,000↓
    • Open house Feb 23
**MOTIVATED SELLER-This property qualifies for a lender incentive using our preferred lender** Looking for the perfect ACRE home, look no further this home has it all! Beautifully upgraded 5 bd, 4.5 baths. 3 bedrooms are ensuite with private baths perfect for guests or teens. Multiple options for separate living quarters! Alexa smart home. Huge owner's suite with soaking tub, dual vanities and walk in closet. Remodeled kitchen with white cabinetry, stainless steel appliances, custom backsplash and breakfast bar. New tile floor in all the right places, freshly painted, new low E double pane windows, all new electrical, raised 8 ft ceilings and the list goes on. Attached 4 car garage. Permitted 1440 sq ft custom RV garage with Clopay RV garage door and 15 ft glass accordion sliding Door. Beautiful remodeled pool with custom rock waterfall with built in slide. Just minutes to downtown Gilbert, San Tan Mall, shopping, dining and freeway for easy access.

Details

Property type

Single Family Residence

Est. home value

$1,019,118

Lot size

0.98 acres

Price per sq ft

$376

Year built

1978

Annual property taxes

$3,669

HOA

No

Price History

02/06/2025
ArizonaRegional

ArizonaRegional #6760289

Price change
$1,500,000
-3.54%
01/27/2025
ArizonaRegional

ArizonaRegional #6760289

Price change
$1,555,000
-2.51%
01/24/2025
ArizonaRegional

ArizonaRegional #6760289

Price change
$1,595,000
-5.9%

Schools & Community

Elementary school: 

Sonoma Ranch Elementary School

Middle school: 

Greenfield Elementary School

High school: 

Gilbert High School

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

$1,080,022
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$299,978
Cash to seller
$1,080,022

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

January 2018

Original loan amount

$350,000

Est. remaining balance

$299,978

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Edward E Mcdonald

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 4:30 AM

Listing updated: 02/23/2025 at 1:02 AM

Listed by: Richard Baird, HomeSmart Phone #: (480) 889-3700

MLS: ArizonaRegional #6760289

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