tomo logo

$575,000

Beds
5
Baths
3.0
sq ft
2,501

725 W Palo Verde St, Gilbert, AZ 85233

725 W Palo Verde St

Gilbert, AZ 85233

  • 41 days on market
    • Price drop $10,000↓
Wonderful 5 bed, 3 bath home with pool in prime Gilbert location! Top features include: high ceilings in family room, beautiful stone feature wall in dining room, wood burning fireplace in living room off the kitchen, newer SS appliances in the kitchen, bedroom & full bathroom on main level, 3 oversized bedrooms upstairs, huge primary suite w/ jetted soaking tub & tiled walk-in shower, and all rooms have blinds & ceilings fans. Backyard offers a covered patio, entertainers area w/built-in table, seating around firepit, BBQ area, & a built-in chiminea. Pebble tec pool is fenced & has a variable speed pump, and large grassy area as well. All of this just a couple miles from Downtown Gilbert, highway access, restaurants, shopping, hospitals, and so much more. Make it yours today!

Details

Property type

Single Family Residence

Est. home value

$614,712

Lot size

5,990 sq ft

Price per sq ft

$230

Year built

1991

Annual property taxes

$2,406.86

Price History

09/05/2024
ArizonaRegional

ArizonaRegional #6741137

Price change
$575,000
-1.71%
08/29/2024
ArizonaRegional

ArizonaRegional #6741137

Listed
$585,000
08/20/2024
ArizonaRegional

ArizonaRegional #6741137

Pending
$585,000

Schools & Community

Neighborhood: 

Madera Parc

Elementary school: 

Gilbert Elementary School

Middle school: 

Mesquite Jr High School

High school: 

Mesquite 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

$156,284
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$372,716
Cash to seller
$156,284

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

Seller’s Loan History

Lender

Plains Commerce Bank

Loan start date

July 2022

Original loan amount

$385,200

Est. remaining balance

$372,716

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Jay Somsen and Kaily Somsen

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: 09/19/2024 at 10:00 AM

Listing updated: 09/10/2024 at 8:01 AM

Listed by: Shawn Rogers, West USA Realty Phone #: (480) 820-3333

MLS: ArizonaRegional #6741137

ArizonaRegional logo

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