tomo logo

$489,000

Beds
3
Baths
2.0
sq ft
1,548

262 W Sheffield Ave, Gilbert, AZ 85233

262 W Sheffield Ave

Gilbert, AZ 85233

  • 6 days on market
Welcome to the heart of Gilbert! Just two miles from downtown, this home puts you close to great restaurants, shops & local events while offering a comfortable retreat at the end of the day. Sitting on a desirable north/south-facing lot, it maximizes natural light while keeping the home comfortable year-round. Inside, you'll find an open floor plan filled with sunshine, creating a bright & inviting space. Thoughtful updates include wood plank tile, granite kitchen counters with stainless steel appliances, updated ceiling fans, light fixtures, sink faucets & much more. Step outside to enjoy a low-maintenance backyard with pet-friendly turf & pavers—perfect for relaxing or entertaining. Plus, with a park, children's play area, basketball court & a scenic multi-use path along the canal just around the corner, there's plenty to do right in the neighborhood!

Details

Property type

Single Family Residence

Est. home value

$456,400

Lot size

5,460 sq ft

Price per sq ft

$316

Year built

1997

Annual property taxes

$1,526

Monthly HOA fee

$86

Price History

03/21/2025
ArizonaRegional

ArizonaRegional #6838950

Listed
$489,000
+99.59%
03/05/2019
ArizonaRegional

ArizonaRegional #5884174

Sold
$245,000

Schools & Community

Neighborhood: 

Millet Ranch

Elementary school: 

Settlers Point Elementary

Middle school: 

South Valley Jr. High

High school: 

Mesquite High School

Community features: 

Playground, Sidewalks

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

$271,652
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$178,228
Cash to seller
$271,652

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

Seller’s Loan History

Lender

Lend Smart Mortgage Llc

Loan start date

April 2020

Original loan amount

$199,000

Est. remaining balance

$178,228

Interest rate

3.29%

Loan type

New Conventional, 30 year

Seller

Kevin Culver

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: 03/27/2025 at 8:40 PM

Listing updated: 03/24/2025 at 5:41 PM

Listed by: Holly Hoepfner, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 505-6300

MLS: ArizonaRegional #6838950

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