tomo logo

$905,000

Beds
5
Baths
4.0
sq ft
4,182

7156 S Forest Ave, Gilbert, AZ 85298

7156 S Forest Ave

Gilbert, AZ 85298

  • 175 days on market
    • Price drop $15,000↓
Exclusive Spring Incentive: This exquisite home is now offered with special spring pricing and a $10,000 incentive toward closing costs or an interest rate buy-down, making this property an even greater opportunity to have everything you have been dreaming of! You will experience the pinnacle of Arizona luxury living in this stunning community, where sophistication, comfort, and resort-style amenities come together in one of Gilbert's most sought-after locations. This expansive abode offers over 4,000 square feet of beautifully designed living space, thoughtfully crafted for comfort and versatility, perfect for a large family or those who love to entertain. With 5 oversized bedrooms, 4 full bathrooms, and multiple living areas, this home effortlessly blends formal and casual spaces to meet every lifestyle need. A grand dining room, private office, and a cozy loft provide ample room for work, play, and relaxation. The gourmet kitchen is a dream, featuring high-end appliances, a gas range, double ovens, granite countertops, and an open-concept flow into the inviting family room, where a charming gas fireplace sets the perfect ambiance. A first-floor bedroom with a private sitting area and a full bath provide flexible accommodations for guests or multi-generational living. Two additional living spaces offer endless possibilities, whether you envision a media room, game room, or play area. Step outside to your private retreat, where a sparkling Pebble Tec pool invites you to relax and unwind. A covered patio, BBQ island, outdoor fireplace, and dedicated garden area create the ultimate setting for outdoor entertaining. A cement pad for basketball and an RV gate add convenience, while whole-house solar sunscreens and new HVAC units (2021) ensure year-round comfort and energy efficiency. Don't miss your chance to call this beautiful property home!

Details

Property type

Single Family Residence

Est. home value

$888,617

Lot size

0.25 acres

Price per sq ft

$217

Year built

2005

Annual property taxes

$3,680

HOA fee

$515

Price History

03/19/2025
ArizonaRegional

ArizonaRegional #6767913

Price change
$905,000
-1.63%
01/14/2025
ArizonaRegional

ArizonaRegional #6767913

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

ArizonaRegional #6767913

Removed
$949,900

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

$500,582
Asking price
$905,000
Closing costs (~8% of asking)
-$72,400
Est. remaining loan balance
-$332,018
Cash to seller
$500,582

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

$332,018

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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Status: Active

Tomo last checked: 04/01/2025 at 10:20 AM

Listing updated: 03/27/2025 at 11:56 AM

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

MLS: ArizonaRegional #6767913

ArizonaRegional logo

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