tomo logo

$800,000

Beds
5
Baths
3.0
sq ft
3,479

318 E Elgin St, Gilbert, AZ 85295

318 E Elgin St

Gilbert, AZ 85295

  • 2 days on market
    • Open house Sep 28
Welcome to your dream home in the heart of Gilbert! This expansive 5-bedroom, 3-bathroom residence boasts over 3,400sf of living space, offering an ideal blend of comfort and style. As you step inside, you'll be greeted by upgraded tile flooring that seamlessly flows through all the right places. Upstairs, you'll find plush carpeting in the bedrooms, providing a warm and inviting atmosphere. A standout feature of this property is the massive 4-car garage, offering lots of space for vehicles, storage, or a workshop. To top it off, this home has 2 new HVAC units! Located in the Allen Ranch community, this home is just moments away from parks, shopping, and dining options, while still offering the tranquility of a well-established neighborhood. Don't miss out on this Gilbert gem!

Details

Property type

Single Family Residence

Est. home value

$774,931

Lot size

0.25 acres

Price per sq ft

$230

Year built

2000

Annual property taxes

$3,116

Monthly HOA fee

$117

Price History

09/26/2024
ArizonaRegional

ArizonaRegional #6754157

Listed
$800,000
+18.52%
10/13/2021
ArizonaRegional

ArizonaRegional #6290259

Sold
$675,000

Schools & Community

Neighborhood: 

Allen Ranch

Elementary school: 

Quartz Hill Elementary

Middle school: 

South Valley Jr. High

High school: 

Campo Verde High School

Community features: 

Playground

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

$230,600
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$505,400
Cash to seller
$230,600

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

October 2021

Original loan amount

$540,000

Est. remaining balance

$505,400

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Kristofer Ryan Mcdonald and Elise Lara Mcdonald

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: 09/28/2024 at 4:15 PM

Listing updated: 09/26/2024 at 5:59 PM

Listed by: Kelly Lyon, LPT Realty, LLC Phone #: (877) 366-2213

MLS: ArizonaRegional #6754157

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