tomo logo

$535,000

Beds
2
Baths
2.0
sq ft
1,459

2511 W QUEEN CREEK Road W Unit 257, Chandler, AZ 85248

2511 W QUEEN CREEK Road W Unit 257

Chandler, AZ 85248

  • 7 days on market
    • Price drop $15,000↓
Luxury resort-style living awaits at The Cays at Downtown Ocotillo, featuring exquisite upgrades. Gourmet kitchen with quartz countertops, large island and upgraded cabinets.Two bedroom includes a walk-in closet, den and two bathrooms and patio with great views. Very secure building with fobs for entrance and elevators. This community offers a 4,500 SF clubhouse with high-end amenities, tech center, TVs, fireplace, entertaining kitchen with large island. 1,800 SF fitness and yoga center, complete with a private locker room, shower, and steam room. Outside, indulge in the large resort-style heated pool and spa. Conveniently located walking distant restaurants, near Intel, downtown Chandler, and two major freeways. All furniture available for sale on separate bill of sale.

Details

Property type

Condominium

Est. home value

$504,643

Lot size

1,464 sq ft

Price per sq ft

$367

Year built

2018

Annual property taxes

$2,312

Monthly HOA fee

$420.3

Price History

07/03/2024
ArizonaRegional

ArizonaRegional #6724715

Price change
$535,000
-2.73%
06/27/2024
ArizonaRegional

ArizonaRegional #6724715

Listed
$550,000
+44.77%
06/30/2020
ArizonaRegional

ArizonaRegional #6057782

Sold
$379,900

Schools & Community

Neighborhood: 

Ocotillo

Elementary school: 

Anna Marie Jacobson Elementary School

Middle school: 

Bogle Junior High School

High school: 

Hamilton High School

Community features: 

Clubhouse, Fitness Center

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

$307,997
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$184,203
Cash to seller
$307,997

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

Seller’s Loan History

Lender

Stearns Lending Llc

Loan start date

June 2020

Original loan amount

$200,900

Est. remaining balance

$184,203

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

John E Driver and Laila E Driver

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?

Status: Active

Tomo last checked: 07/04/2024 at 8:35 PM

Listing updated: 07/03/2024 at 12:03 PM

Listed by: Mehran Parsai, Realty ONE Group Phone #: (480) 315-1240

MLS: ArizonaRegional #6724715

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