tomo logo

$475,000

Beds
3
Baths
2.5
sq ft
2,100

8727 East Knowles Avenue, Mesa, AZ 85209

8727 East Knowles Avenue

Mesa, AZ 85209

  • 240 days on market
INVESTORS ONLY! $2,495/MONTH GUARANTEED RENTAL INCOME. MODEL PERFECT HOME IS COMPLETELY REMODELED, INCLUDING BRAND NEW 15 SEER ''TRANE'' AIR CONDITIONER (NEW AC SYSTEM WAS $13,977.46 AND INCLUDED ALL NEW VENTILATION SYSTEM). THIS IS THE BIGGEST HOME, ON THE BIGGEST LOT, WITH THE BEST LOCATION IN THIS BEAUTIFUL GATED NEIGHBORHOOD AT BARRINGTON ESTATES, CORNER LOT ON THE GREENBELT! CONTEMPORARY REMODEL INCLUDES ALL NEW LUXURY PLANK-STYLE FLOORING & BASEBOARDS, ALL NEW 2-TONE PAINT INSIDE & OUT, ALL NEW BRUSHED NICKEL LIGHT FIXTURES & CEILING FANS, AND ALL NEW PLUMBING FIXTURES. ALSO INCLUDES BRAND NEW STAINLESS STEEL FRIDGE INSTALLED 2024. 12-MO. LEASE EXP. 09/30/2025. BRAND NEW PREMIUM EPOXY FLOORING INSTALLED AT GARAGE ON 06/14/2024.

Details

Property type

Single Family Residence

Est. home value

$460,370

Lot size

5,376 sq ft

Price per sq ft

$227

Year built

2001

Annual property taxes

$1,407

Monthly HOA fee

$60

Price History

12/27/2024
ArizonaRegional

ArizonaRegional #6703911

Price change
$475,000
+2.15%
12/20/2024
ArizonaRegional

ArizonaRegional #6703911

Price change
$465,000
-2.11%
12/16/2024
ArizonaRegional

ArizonaRegional #6703911

Price change
$475,000
-2.06%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Desert Ridge Jr. High

High school: 

Desert Ridge High

Community features: 

Gated, Playground, Sidewalks

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

$84,465
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$352,535
Cash to seller
$84,465

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

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

December 2022

Original loan amount

$360,000

Est. remaining balance

$352,535

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Richard R Giddings

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: 01/06/2025 at 12:40 PM

Listing updated: 12/27/2024 at 11:05 AM

Listed by: Rich Giddings, Model Perfect Homes Phone #: (602) 574-7727

MLS: ArizonaRegional #6703911

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