tomo logo

$610,000

Beds
4
Baths
3.0
sq ft
2,348

502 W Sierra Madre Ave, Gilbert, AZ 85233

502 W Sierra Madre Ave

Gilbert, AZ 85233

  • 4 days on market
Welcome to this charming 4/3 on a corner lot in the heart of Gilbert, AZ, offering the perfect blend of comfort, convenience, and relaxation. Located just moments from the vibrant Downtown Gilbert, this home puts you at the center of it all. Enjoy trendy restaurants, boutique shopping, and local events right at your doorstep. This property boasts the added benefit of No HOA, giving you the freedom and flexibility to personalize your space as you wish. Whether you're looking to make it home long-term or need a flexible rental option, this property offers plenty of opportunities. Step outside to your private backyard oasis, complete with a stunning pool perfect for cooling off on warm Arizona days or hosting family and friends for memorable gatherings.

Details

Property type

Single Family Residence

Est. home value

$587,721

Lot size

5,955 sq ft

Price per sq ft

$260

Year built

1993

Annual property taxes

$2,883

HOA

No

Price History

03/28/2025
ArizonaRegional

ArizonaRegional #6842173

Listed
$610,000
+13.59%
01/19/2023
ArizonaRegional

ArizonaRegional #6462474

Sold
$537,000
+89.08%
09/14/2014
ArizonaRegional

ArizonaRegional #5095988

Sold
$284,000

Schools & Community

Neighborhood: 

Madera Parc

Elementary school: 

Gilbert Elementary School

Middle school: 

Mesquite Jr High School

High school: 

Mesquite High School

Community features: 

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

$279,367
Asking price
$610,000
Closing costs (~8% of asking)
-$48,800
Est. remaining loan balance
-$281,833
Cash to seller
$279,367

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

January 2023

Original loan amount

$289,000

Est. remaining balance

$281,833

Interest rate

6.58%

Loan type

New Conventional, 30 year

Seller

Ronald Everett Bristol and Manette June Bristol

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: 04/01/2025 at 10:35 AM

Listing updated: 03/28/2025 at 12:21 AM

Listed by: Andrew McGuire, ProSmart Realty Phone #: (480) 540-2213

MLS: ArizonaRegional #6842173

ArizonaRegional logo

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