tomo logo

$899,900

Beds
5
Baths
3.0
sq ft
2,629

3485 E Silo Dr, Gilbert, AZ 85296

3485 E Silo Dr

Gilbert, AZ 85296

  • 40 days on market
    • Price drop $15,100↓
Stunning home at Lakeview Trails in Morrison Ranch! Situated on the greenbelt, with a running trail, and silo views. This property features a lush landscape, 3-car tandem garage with epoxy flooring, overhead storage, and minisplit AC. Inside, enjoy an open floor plan, high ceilings, and plantation shutters. The living area boasts sliding glass doors for seamless indoor/outdoor living. The white kitchen offers shaker cabinets, custom backsplash, quartz counters, KitchenAid SS appliances, gas cooktop, and a spacious island. The primary bedroom includes a luxurious ensuite with dual sinks, tub, and walk-in closet. Outside, find a travertine patio, pool with waterfalls, spa, built-in BBQ counter, and dog run.

Details

Property type

Single Family Residence

Est. home value

$796,441

Property condition

Under Construction

Lot size

7,498 sq ft

Price per sq ft

$343

Year built

2018

Annual property taxes

$2,684

Monthly HOA fee

$133

Price History

03/24/2025
ArizonaRegional

ArizonaRegional #6822436

Price change
$899,900
-1.65%
03/11/2025
ArizonaRegional

ArizonaRegional #6822436

Price change
$915,000
-0.54%
03/04/2025
ArizonaRegional

ArizonaRegional #6822436

Price change
$920,000
-0.54%

Schools & Community

Elementary school: 

Greenfield Elementary School

Middle school: 

Greenfield Junior High School

High school: 

Highland High School

Community features: 

Lake, Playground, Sidewalks

High school district: 

Gilbert 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

July 2022

Original loan amount

$331,000

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

Credit Line (Revolving), 30 year

Seller

Patrick Menchaca

Lender

Loandepot.Com Llc

Loan start date

August 2020

Original loan amount

$344,500

Est. remaining balance

$310,357

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Patrick Menchaca

Lender

Wells Fargo Bank Na

Loan start date

October 2019

Original loan amount

$343,400

Est. remaining balance

$305,236

Interest rate

3.58%

Loan type

New Conventional, 30 year

Seller

Patrick Menchaca

Lender

Loandepot.Com Llc

Loan start date

February 2019

Original loan amount

$340,546

Est. remaining balance

$303,027

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Patrick Menchaca

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: 04/01/2025 at 10:25 AM

Listing updated: 03/24/2025 at 11:06 AM

Listed by: Patrick Menchaca, Realty85 Phone #: (480) 405-6464

MLS: ArizonaRegional #6822436

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