tomo logo

$419,900

Beds
3
Baths
2.0
sq ft
984

1005 East Tempe Drive, Tempe, AZ 85288

1005 East Tempe Drive

Tempe, AZ 85288

  • 124 days on market
    • Price drop $30,000↓
HUGE PRICE REDUCTION, Renovated top to bottom and Cute as a button home in a great North Tempe location! Almost everything is new, AC, windows, kitchen cabinets, counter tops, vanities, flooring, paint, appliances.... This lovely block home has NO HOA and features 3 bedrooms and 2 full baths on a huge Multi-family zoned lot with the potential to expand or build another house.. Minutes to shopping, restaurants, Scottsdale Rd and 202.

Details

Property type

Single Family Residence

Est. home value

$473,789

Lot size

7,614 sq ft

Price per sq ft

$427

Year built

1955

Annual property taxes

$918

Price History

06/12/2024
ArizonaRegional

ArizonaRegional #6670125

Price change
$419,900
-6.67%
05/16/2024
ArizonaRegional

ArizonaRegional #6670125

Price change
$449,900
-2.62%
05/08/2024
ArizonaRegional

ArizonaRegional #6670125

Price change
$462,000
-1.7%

Schools & Community

Neighborhood: 

East Rio

Elementary school: 

Laguna Elementary School

Middle school: 

Laguna Elementary School

High school: 

Tempe High School

High school district: 

Tempe Union High School 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

$66,335
Asking price
$419,900
Closing costs (~8% of asking)
-$33,592
Est. remaining loan balance
-$319,973
Cash to seller
$66,335

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

Seller’s Loan History

Lender

New American Funding

Loan start date

September 2023

Original loan amount

$322,500

Est. remaining balance

$319,973

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Armen Albert Amin and Albert Amin

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?

Similar Homes Nearby

Pending
ArizonaRegional
$475,000
3 bd
|
2 ba
|
1,298 sq ft
|
House

1710 North Miller Road, Scottsdale, AZ 85257

Price drop
ArizonaRegional
$475,000
3 bd
|
2 ba
|
1,326 sq ft
|
House

347 East Embassy Street, Tempe, AZ 85288

Price drop
ArizonaRegional
$474,900
3 bd
|
2 ba
|
1,547 sq ft
|
House

2016 North Mcallister Avenue, Tempe, AZ 85288

Status: Active

Tomo last checked: 07/02/2024 at 4:55 PM

Listing updated: 06/11/2024 at 7:53 PM

Listed by: Hend I Faraj, Home Hunters Realty Phone #: (602) 326-3333

MLS: ArizonaRegional #6670125

ArizonaRegional logo

Recently listed in Tempe