tomo logo

$775,000

Beds
5
Baths
3.0
sq ft
3,292

938 W Iris Dr, Gilbert, AZ 85233

938 W Iris Dr

Gilbert, AZ 85233

  • <1 day on market
Great Investment Opportunity! Long-term tenants are a Licensed Sober Living Home and have a lease until the end of March 2026. Great location, well maintained single family home with high ceilings and fresh paint. Updated Master Bathroom featuring a huge walk-in shower and two walk-in closets. Beautiful Kitchen with Quartz Counters and Stainless Steel Appliances, overlooking the family room and resort style back yard with a pool and putting green! Updated AC units are 2021 & 2024.

Details

Property type

Single Family Residence

Est. home value

$740,738

Lot size

8,664 sq ft

Price per sq ft

$236

Year built

1990

Annual property taxes

$2,914

HOA fee

$382.68

Price History

01/08/2025
ArizonaRegional

ArizonaRegional #6801820

Listed
$775,000
+50.34%
07/17/2020
ArizonaRegional

ArizonaRegional #6086800

Sold
$515,500

Schools & Community

Neighborhood: 

The Islands

Elementary school: 

Shumway Leadership Academy

Middle school: 

Willis Junior High School

High school: 

Chandler High School

Community features: 

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

$458,835
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$254,165
Cash to seller
$458,835

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

Seller’s Loan History

Lender

Optimum First Inc

Loan start date

November 2021

Original loan amount

$310,000

Est. remaining balance

$254,165

Interest rate

2.15%

Loan type

New Conventional, 15 year

Seller

Jeffrey Marsh and Dilek Marsh

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?

Status: Active

Tomo last checked: 01/09/2025 at 5:00 AM

Listing updated: 01/08/2025 at 2:55 PM

Listed by: Joshua Young, Blue Sky Living, LLC Phone #: (480) 699-7577

MLS: ArizonaRegional #6801820

ArizonaRegional logo

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