tomo logo

$935,000

Beds
3
Baths
2.5
sq ft
2,522

516 E Buffalo St, Gilbert, AZ 85295

516 E Buffalo St

Gilbert, AZ 85295

  • 20 days on market
    • Price drop $30,000↓
Location, Location, Location! This charming single story ranch home is perched on an acre of irrigated horse property located in the highly sought-after Sun Terra Acres in Gilbert with no HOA; Step inside to a comfortable floor plan with spacious kitchen, separate living and family rooms. Home boasts three bedrooms and two beautifully updated bathrooms, there's plenty of room for cozy family gatherings or land for large group entertaining, new roof 2024. New exterior Paint 2024, New PEX Water Pipes 2023. Conveniently close to the 202 freeway, shopping mall and so much more! Just down the street is everything needed to fully enjoy life including great schools and church options, the San Tan Mall & Harkins Theatre, San Tan Village shopping (Costco, Sam's Club, Starbucks, Wal-Mart, Win-Co & tons more), Gilbert Mercy Hospital, a Gilbert fire station, Discovery Park and San Tan. This is a unique opportunity to own a charming home on acreage that is also surrounded by a neighborhood that exudes pride of ownership. Riding lawnmower and wood splitter convey with accepted offer.

Details

Property type

Single Family Residence

Est. home value

$781,690

Lot size

1.02 acres

Price per sq ft

$371

Year built

1975

Annual property taxes

$2,283

Price History

09/10/2024
ArizonaRegional

ArizonaRegional #6748544

Price change
$935,000
-3.11%
08/30/2024
ArizonaRegional

ArizonaRegional #6748544

Listed
$965,000
+27.81%
12/10/2021
ArizonaRegional

ArizonaRegional #6316844

Sold
$755,000

Schools & Community

Elementary school: 

Quartz Hill Elementary

Middle school: 

South Valley Jr. High

High school: 

Campo Verde High School

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

$221,041
Asking price
$935,000
Closing costs (~8% of asking)
-$74,800
Est. remaining loan balance
-$639,159
Cash to seller
$221,041

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

December 2021

Original loan amount

$678,600

Est. remaining balance

$639,159

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Scott E Zaremba and Analise Rubalcava Zaremba

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: 09/18/2024 at 5:15 PM

Listing updated: 09/10/2024 at 12:37 PM

Listed by: Julia Sofia Luna-Martinez, HomeSmart Phone #: (480) 285-3660

MLS: ArizonaRegional #6748544

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