tomo logo

$685,000

Beds
5
Baths
3.0
sq ft
3,083

2550 E Penedes Dr, Gilbert, AZ 85298

2550 E Penedes Dr

Gilbert, AZ 85298

  • 59 days on market
    • Price drop $10,000↓
Experience elevated living in this upgraded Fulton home, nestled in the highly sought-after Freeman Farms. Ideally located next to the serene community waterfall and lake, this property offers a rare level of privacy with only one neighbor. The home comes equipped with owned solar panels, allowing new owners to enjoy energy efficiency. The first floor boasts a convenient guest room and bathroom, while the second floor is home to a luxurious primary suite with a generous sitting area. Step outside into a lush backyard with a vibrant lawn and a covered patio, ideal for gatherings and relaxation. Located just 5 minutes from Gilbert Regional Park's pickleball courts, this home also offers easy access the 202 freeway, SanTan Village, and the exciting new Epicenter development.

Details

Property type

Single Family Residence

Est. home value

$688,502

Lot size

7,181 sq ft

Price per sq ft

$223

Year built

2013

Annual property taxes

$2,619

Monthly HOA fee

$104.67

Price History

11/15/2024
ArizonaRegional

ArizonaRegional #6759038

Price change
$685,000
-1.44%
11/01/2024
ArizonaRegional

ArizonaRegional #6759038

Price change
$695,000
-0.71%
09/25/2024
ArizonaRegional

ArizonaRegional #6759038

Listed
$700,000
+98.3%

Schools & Community

Elementary school: 

Chandler Traditional Academy - Freedom

Middle school: 

Dr Camille Casteel High School

High school: 

Dr Camille Casteel High School

Community features: 

Playground

High school district: 

Chandler Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Desert Financial Cu

Loan start date

August 2021

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

2.52%

Loan type

Credit Line (Revolving), 30 year

Seller

Andrew S Hanks

Lender

Define Mortgage Solutions Llc

Loan start date

June 2020

Original loan amount

$298,000

Est. remaining balance

$270,459

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Andrew S Hanks

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: 11/22/2024 at 10:40 PM

Listing updated: 11/15/2024 at 9:05 AM

Listed by: Riley Rhodes, DWEL LLC Phone #: (480) 650-8531

MLS: ArizonaRegional #6759038

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