tomo logo

$1,250,000

Beds
4
Baths
3.5
sq ft
3,501

5088 S Ponderosa Dr, Gilbert, AZ 85298

5088 S Ponderosa Dr

Gilbert, AZ 85298

  • 36 days on market
    • Price drop $25,000↓
Your dream home is here in The Bridges! This stunning property has been beautifully maintained and updated, perfectly balancing comfort and elegance. Offering 4 bedrooms & 3.5 bathrooms, it provides ample space for family, friends, or guests. Great curb appeal with stone accent details, artificial turf, and beautiful landscaping. The 3-car garage is equipped with a Tesla charger and the private courtyard is an excellent spot for your morning coffee! As you step inside, you'll be greeted by an inviting open floor plan filled with natural light. The spacious living room flows seamlessly into a modern kitchen, making gathering a bliss! Large island, granite counters & backsplash, ample wood cabinetry, a dry bar w/wine rack, and SS appliances w/cooktop gas make up the culinary space. Formal dining room is ideal for entertaining or cozy dinners! The versatile den and the office area w/built-in desk are added perks. Gorgeous accent walls create a fabulous atmosphere, enhanced by plantation shutters, stylish tile fixtures, tall ceilings, and tasteful flooring. Retreat to the luxurious primary suite complete with exterior door leading to the private oasis! Also including a gorgeous bathroom that boasts a walk-in closet, soaking tub, tiled separate shower, and a large vanity w/dual sinks. Laundry room with a sink & cabinetry for your convenience. But the true highlight is the backyard oasis! Perfect for outdoor entertaining or quiet evenings under the stars, it showcases a covered patio, fireplace, artificial turf, and a welcoming pool with a baja shelf. Located just minutes from Gilbert Regional Park and steps from the Bridges neighborhood park, this home offers convenience without sacrificing tranquility. Don't miss the opportunity to make this charming residence your own!

Details

Property type

Single Family Residence

Est. home value

$1,165,155

Lot size

0.25 acres

Price per sq ft

$358

Year built

2014

Annual property taxes

$4,354

Monthly HOA fee

$116.67

Price History

10/14/2024
ArizonaRegional

ArizonaRegional #6764089

Price change
$1,250,000
-1.96%
10/03/2024
ArizonaRegional

ArizonaRegional #6764089

Listed
$1,275,000
+8.05%
08/07/2023
ArizonaRegional

ArizonaRegional #6579267

Sold
$1,180,000
+121.6%

Schools & Community

Neighborhood: 

Bridges at Gilbert

Elementary school: 

Bridges Elementary School

Middle school: 

Sossaman Middle School

High school: 

Higley High School

Community features: 

Playground

High school district: 

Higley 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

$577,882
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$572,118
Cash to seller
$577,882

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

Seller’s Loan History

Lender

Nfm Lending

Loan start date

August 2023

Original loan amount

$580,000

Est. remaining balance

$572,118

Interest rate

6.69%

Loan type

VA, 30 year

Seller

Brian Hum and Amber Hum

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: 11/08/2024 at 6:05 AM

Listing updated: 11/07/2024 at 9:30 AM

Listed by: Nicki Highmark, Realty Executives Phone #: (480) 898-1234

MLS: ArizonaRegional #6764089

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