tomo logo

$920,000

Beds
5
Baths
4.0
sq ft
4,182

7156 S Forest Ave, Gilbert, AZ 85298

7156 S Forest Ave

Gilbert, AZ 85298

  • 106 days on market
    • Price drop $29,900↓
Back on market after it's holiday retreat, this beautiful residence is waiting for you to call it home! Come discover the beauty of this spectacular home nestled inside the highly coveted community of Seville Golf & Country Club in Gilbert. This spacious estate offers the perfect combination of elegance, comfort & versatility with well over 4,000 square feet of thoughtfully designed living space. With 5 large bedrooms, 4 full baths, and multiple living areas, this home is sure to cater to every need. Step inside to find formal and casual living areas, including a grand dining room, office, cozy loft, and so much more. The heart of the home features a gourmet kitchen with upgraded appliances, including a gas range, double ovens, granite countertops, and an open flow into the family room, complete with a charming gas fireplace. With a first-floor full bath, a bedroom with private sitting area, and large laundry area with sink and storage areas, you are provided with flexible living options, while two additional living spaces offer endless possibilities for relaxation and entertainment. Step outside to your private oasis and discover your own personal retreat with a sparkling, recently refinished Pebble Tec pool, upgraded pool pump, and a covered patio that overlooks a built-in BBQ area, outdoor fireplace, garden area ready to grow all your herbs for delicious meals, and a cement pad perfect for basketball. An RV gate adds convenience, while whole-house solar sunscreens and new HVAC units (2021) ensure comfort year-round. The oversized primary suite is a true sanctuary, boasting two walk-in closets, a separate soaking tub, and a walk-in shower. With abundant storage throughout and a spacious 3-car garage, this home has it all. Enjoy the best of Arizona living in your new home that seamlessly combines luxury, comfort, and outdoor enjoyment, making it a must-see in one of Gilbert's most sought-after communities.

Details

Property type

Single Family Residence

Est. home value

$888,617

Lot size

0.25 acres

Price per sq ft

$220

Year built

2005

Annual property taxes

$3,680

HOA fee

$515

Price History

01/14/2025
ArizonaRegional

ArizonaRegional #6767913

Price change
$920,000
-3.15%
12/08/2024
ArizonaRegional

ArizonaRegional #6767913

Removed
$949,900
10/08/2024
ArizonaRegional

ArizonaRegional #6767913

Listed
$949,900
+113.46%

Schools & Community

Neighborhood: 

Seville

Elementary school: 

Riggs Elementary

Middle school: 

Dr. Camille Casteel High School

High school: 

Dr. Camille Casteel High School

Community features: 

Golf, Playground, Sidewalks

High school district: 

Chandler Unified District #80

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

$512,906
Asking price
$920,000
Closing costs (~8% of asking)
-$73,600
Est. remaining loan balance
-$333,494
Cash to seller
$512,906

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 2021

Original loan amount

$367,000

Est. remaining balance

$333,494

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Mary Dowl and Christopher Dowd

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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4930 S Forest Ave, Gilbert, AZ 85298

Status: Active

Tomo last checked: 01/22/2025 at 12:00 PM

Listing updated: 01/17/2025 at 2:00 PM

Listed by: Jennifer A. Thatcher, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6767913

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