tomo logo

$425,000

Beds
3
Baths
2.5
sq ft
1,550

2875 S Key Biscayne Dr, Gilbert, AZ 85295

2875 S Key Biscayne Dr

Gilbert, AZ 85295

  • 5 days on market
Location, Location, Location! This beautiful home is located one of Gilbert's most sought after and highly desirable communities in Gilbert, the Village at Spectrum, just off the 202 freeway and wonderfully located near San Tan Mall, tons of shops & restaurants, entertainment & everything the East Valley has to offer! This meticulously maintained property offers new carpeting and new paint throughout. Downstairs you'll enjoy the bright, open floorplan living room, kitchen with dining. The kitchen features cherry cabinets and granite countertops. Upstairs you'll find a good size master with a full bath and a walk-in closet, and 2 addition bedrooms and hall bathroom, laundry room with washer and dryer, and large built-in shelving in the hallway. The finished 2-car garage also boasts tons of storage cabinets and workbench. Community amenities include a community pool, basketball courts, and more green belts. Hurry, this one will not last!

Details

Property type

Single Family Residence

Est. home value

$420,943

Lot size

2,560 sq ft

Price per sq ft

$275

Year built

2006

Annual property taxes

$1,285

Monthly HOA fee

$147

Price History

01/16/2025
ArizonaRegional

ArizonaRegional #6805938

Listed
$425,000
+123.68%
07/21/2015
ArizonaRegional

ArizonaRegional #5272886

Sold
$190,000

Schools & Community

Neighborhood: 

Spectrum

Elementary school: 

Spectrum Elementary

Middle school: 

South Valley Jr. High

High school: 

Highland 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

$283,373
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$107,627
Cash to seller
$283,373

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

July 2015

Original loan amount

$135,000

Est. remaining balance

$107,627

Interest rate

3.87%

Loan type

New Conventional, 30 year

Seller

Stephanie N Ruehl

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: 01/22/2025 at 8:40 AM

Listing updated: 01/16/2025 at 1:39 PM

Listed by: Paul M Weathers, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6805938

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