tomo logo

$460,000

Beds
3
Baths
2.0
sq ft
1,845

246 E Hemlock Ave, Gilbert, AZ 85234

246 E Hemlock Ave

Gilbert, AZ 85234

  • 207 days on market
    • Price drop $15,000↓
Back on market due to buyer finance issues, don't miss this opportunity! AMAZING location in the heart of downtown Gilbert! Quiet, sought after neighborhood close to downtown Gilbert with no HOA! You can see the water tower from the front yard! New AC installed end of 2023 and newer water heater! Save a ton of money every month with the efficient solar panels!! This home has 3 bedrooms, 2 baths, and a den. The living room has a charming brick fireplace with an insert for cozy evenings. The kitchen boasts ample wood cabinetry, a mosaic tile backsplash, stainless steel appliances, a pantry, and a peninsula with a breakfast bar for casual dining. The main bedroom provides a private bathroom for added comfort. Venture outside to the large backyard with a covered patio for entertaining.

Details

Property type

Single Family Residence

Est. home value

$478,063

Lot size

9,143 sq ft

Price per sq ft

$250

Year built

1979

Annual property taxes

$1,223

HOA

No

Price History

03/06/2025
ArizonaRegional

ArizonaRegional #6752891

Price change
$460,000
-3.16%
02/03/2025
ArizonaRegional

ArizonaRegional #6752891

Listed
$475,000
11/10/2024
ArizonaRegional

ArizonaRegional #6752891

Pending
$475,000

Schools & Community

Elementary school: 

Burk Elementary School

Middle school: 

Gilbert Junior High 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

$114,603
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$308,597
Cash to seller
$114,603

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

Seller’s Loan History

Lender

Primelending

Loan start date

March 2021

Original loan amount

$339,500

Est. remaining balance

$308,597

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Nicholas Sean Lemaster and Melissa Christine Lemaster

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: 04/01/2025 at 10:20 AM

Listing updated: 03/25/2025 at 10:56 AM

Listed by: Kaylie Roulis, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6752891

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