tomo logo

$400,000

Beds
2
Baths
2.0
sq ft
1,214

860 S Colonial Dr, Gilbert, AZ 85296

860 S Colonial Dr

Gilbert, AZ 85296

  • 30 days on market
Nestled in the heart of Gilbert, this stylish and move-in-ready home offers a blend of modern finishes and unbeatable convenience. With 2 bedrooms, a versatile den, and 2 bathrooms, this popular open floorplan showcases sleek vinyl plank flooring and an airy flow from room to room. The kitchen is a standout with crisp white cabinetry, gleaming quartz countertops, stainless steel appliances, and an eye-catching glass subway tile backsplash—perfect for both everyday cooking and entertaining. Outside, relax or entertain on the spacious concrete patio with a ceiling fan for added comfort, while enjoying the easy-care desert landscaping that enhances both front and back yards. Just two miles from both vibrant Downtown Gilbert and SanTan Village, this home offers the perfect balance of style.

Details

Property type

Townhouse

Est. home value

$405,130

Lot size

3,975 sq ft

Price per sq ft

$330

Year built

2004

Annual property taxes

$1,130

Monthly HOA fee

$61

Price History

11/22/2024
ArizonaRegional

ArizonaRegional #6781097

Listed
$400,000
+1.27%
06/07/2023
ArizonaRegional

ArizonaRegional #6524686

Sold
$395,000

Schools & Community

Neighborhood: 

Neely Commons

Elementary school: 

Mesquite Elementary

Middle school: 

South Valley Jr. High

High school: 

Campo Verde High School

Community features: 

Playground

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

$12,572
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$355,428
Cash to seller
$12,572

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

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

June 2023

Original loan amount

$361,721

Est. remaining balance

$355,428

Interest rate

6.39%

Loan type

FHA, 30 year

Seller

Ryan A Hartwig and Yu Tzu Chang

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: 12/22/2024 at 4:30 AM

Listing updated: 12/05/2024 at 11:45 AM

Listed by: Kristy N DeWitz, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6781097

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