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$706,209Estimated home value

Beds
5
Baths
4.0
sq ft
3,007

737 S Ocotillo Ln, Gilbert, AZ 85296

737 S Ocotillo Ln

Gilbert, AZ 85296

  • Sold On 10/31/2024
    • Price drop $75,000↓
**SEPARATE FULL GUEST HOUSE W/ KITCHEN, BATHROOM & 2 LOFT BEDROOMS** OWNED SOLAR/LOW ELECTRIC BILLS!** NEW HVAC** Expansive horse property back on market after seller added upgrades! New flooring now present in 4 bedrooms! Welcome home to the most dynamic ranch in the dreamiest neighborhood! This massive wide acre culdasac lot hosts two large driveways so you can pull straight in to your garage, complete with workshop while hosting a separate space to load your horse trailer. Garage workshop hosts EV Charger capabilities! The sprawling horse pasture with stables & corral is set up on an irrigated lot with a $20,000 pipe irrigation system installed to allow for ditch elimination and efficiency! Walk inside to over $40,000 worth of upgrades including a timeless remodeled kitchen complete with quartz countertops, a custom farmhouse sink overlooking your oversized patio entertainment space, beautiful white cabinetry, backsplash and modern lighting & fixtures! Your gorgeous wood grain tile floors make cleaning a breeze in this immaculate home! This home hosts 4 Bedrooms & 2 Dens in the main home with one wing of the home hosting the ability to be a next gen suite or private rental! There is also a BRAND NEW $85,000 detached modern farmhouse GUEST HOUSE hosting a full kitchen, laundry room, 2 loft bedrooms & a full bathroom! Other upgrades include: 2 RV gates, upgraded main electrical panel, 2 septic systems to cover all buildings, one brand new remodeled bathroom, front yard sprinkler system enabled with smart home features, new water softener with whole home water filtration, and upgraded power source in workshop!

Details

Property type

Single Family Residence

Est. home value

$706,209

Lot size

1.0 acres

Price per sq ft

$333

Year built

1980

Annual property taxes

$2,407

Price History

10/30/2024
ArizonaRegional

ArizonaRegional #6726039

Sold
$997,500
-0.25%
09/20/2024
ArizonaRegional

ArizonaRegional #6726039

Pending
$1,000,000
08/28/2024
ArizonaRegional

ArizonaRegional #6726039

Listed
$1,000,000

Schools & Community

Elementary school: 

Mesquite Elementary School - Gilbert

Middle school: 

Greenfield Junior High School

High school: 

Gilbert High School

High school district: 

Gilbert Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Bank Na

Loan start date

September 2019

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

Jodi Ivy and Richard S Ivy

Lender

United Wholesale Mortgage

Loan start date

May 2016

Original loan amount

$273,500

Est. remaining balance

$181,420

Interest rate

3.73%

Loan type

New Conventional, 20 year

Seller

Jodi Ivy and Richard Ivy

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: Off Market

Tomo last checked: 11/09/2024 at 9:55 AM

Listing updated: 10/31/2024 at 4:55 PM

Listed by: Jenifer Herbert, Libertas Real Estate Phone #: (623) 271-9742

MLS: ArizonaRegional #6726039

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