tomo logo

$819,900

Beds
3
Baths
4.0
sq ft
2,626

1016 East Tempe Drive, Tempe, AZ 85288

1016 East Tempe Drive

Tempe, AZ 85288

  • 75 days on market
    • Price drop $20,000↓
Amazing home with brand new landscaping and heated pool right in the heart of Tempe. This home has been completely remodeled and updated with sophistication and luxury. Close to ASU, downtown scottsdale, Tempe town lake and much more. Being sold fully furnished and ready to move in! This stunning property has 3 oversized bedrooms, each with their own bathroom and walk in closet. Enjoy Arizona sunsets on the balcony or a soak in the new heated pool while barbecuing with friends. Currently run as a profitable rental/airbnb this is could be perfect for an investor looking for extra cash flow immediately. Don't miss out. Come see it today! Owner/Agent

Details

Property type

Single Family Residence

Est. home value

$590,466

Lot size

3,993 sq ft

Price per sq ft

$313

Year built

2007

Annual property taxes

$3,233

HOA

No

Price History

01/21/2025
ArizonaRegional

ArizonaRegional #6781111

Price change
$819,900
-2.38%
12/09/2024
ArizonaRegional

ArizonaRegional #6781111

Price change
$839,900
-1.18%
11/07/2024
ArizonaRegional

ArizonaRegional #6781111

Listed
$849,900
+80.87%

Schools & Community

Neighborhood: 

East Rio

Elementary school: 

Cecil Shamley School

Middle school: 

Cecil Shamley 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

$409,874
Asking price
$819,900
Closing costs (~8% of asking)
-$65,592
Est. remaining loan balance
-$344,434
Cash to seller
$409,874

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

April 2021

Original loan amount

$375,200

Est. remaining balance

$344,434

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Adam Poston and Ashley Poston

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: 01/22/2025 at 4:50 AM

Listing updated: 01/21/2025 at 2:34 PM

Listed by: Adam Poston, Landmark Homes, L.L.C. Phone #: (928) 337-4815

MLS: ArizonaRegional #6781111

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