tomo logo

$525,000

Beds
4
Baths
2.0
sq ft
1,544

617 S Colonial Ct, Gilbert, AZ 85296

617 S Colonial Ct

Gilbert, AZ 85296

  • 13 days on market
Motivated Sellers!! This fully remodeled single-level home is ready for new owners! 617 S Colonial Ct is perfectly positioned on the corner of a cul-de-sac, just a short walk from the community park. This spacious layout offers a large primary bedroom with a walk-in closet, three additional bedrooms, and ample space for entertaining. The updated kitchen features new cabinetry, sleek countertops, a large peninsula with plenty of storage. You will love the tall ceilings and bright open floor plan of this home. Step outside to a backyard oasis with a covered patio, a sparkling pool, and a generously sized yard. Located minutes from Downtown Gilbert, Freestone park, Riparian Preserve, SanTan Village, Fat Cats, Top Golf, and the best of Gilbert dining, shopping, and things to do!

Details

Property type

Single Family Residence

Est. home value

$480,978

Lot size

6,464 sq ft

Price per sq ft

$341

Year built

2000

Annual property taxes

$1,529

Monthly HOA fee

$45

Price History

12/26/2024
ArizonaRegional

ArizonaRegional #6794896

Listed
$525,000
+14.13%
03/30/2023
ArizonaRegional

ArizonaRegional #6524851

Sold
$460,000

Schools & Community

Neighborhood: 

Mirador Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground, 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

$55,398
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$427,602
Cash to seller
$55,398

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$437,000

Est. remaining balance

$427,602

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Stephen Garrett Davis and Devyn Nicole Shepherd

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?

Similar Homes Nearby

ArizonaRegional
$564,000
4 bd
|
2 ba
|
1,877 sq ft
|
House

2023 E Willow Wick Rd, Gilbert, AZ 85296

ArizonaRegional
$550,000
4 bd
|
2 ba
|
1,499 sq ft
|
House

217 E Bruce Ave, Gilbert, AZ 85234

Price drop
ArizonaRegional
$479,500
4 bd
|
2 ba
|
1,593 sq ft
|
House

213 W Scott Ave, Gilbert, AZ 85233

Status: Active

Tomo last checked: 01/08/2025 at 3:15 PM

Listing updated: 12/30/2024 at 12:52 AM

Listed by: Karsten Kass Colin, Real Broker Phone #: (602) 755-3415

MLS: ArizonaRegional #6794896

ArizonaRegional logo

Recently listed in Gilbert

$775,000|5 bd|3.0 ba|House
$498,000|3 bd|2.0 ba|House
$375,000|2 bd|2.0 ba|House
$669,000|4 bd|2.0 ba|House
$472,000|2 bd|2.0 ba|House
$400,000|2 bd|3.0 ba|Townhouse
$579,900|4 bd|2.0 ba|House
$534,990|3 bd|2.0 ba|House