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$550,000

Beds
3
Baths
2.0
sq ft
1,900

1031 West Cornell Drive, Tempe, AZ 85283

1031 West Cornell Drive

Tempe, AZ 85283

  • 16 days on market
    • Open house Apr 04
Must see this gorgeous home in the heart of Tempe!! Right off the 60 and I-10 and close to ASU, AZ Mills and Sky Harbor! Open spacious floor plan - perfect for large gatherings in this chefs dream kitchen w/ granite countertops/back splashes and large breakfast bar and loads of storage! Huge owners' suite with built in desk and large spacious shower could be an in-law set up with private access to back yard or it could easily be a nursery set up with the current door access to the 3rd bedroom! Beautiful backyard retreat with pavers and pet safe artificial grass, large dog run or kids play area and relaxing covered patio for those cool summer evenings! NO HOA + corner lot! Side vehicle gate access for your boat or trailer for extra storage! Move fast since this home won't last long

Details

Property type

Single Family Residence

Est. home value

$471,066

Lot size

6,734 sq ft

Price per sq ft

$290

Year built

1980

Annual property taxes

$1,888

HOA

No

Price History

04/03/2025
ArizonaRegional

ArizonaRegional #6837394

Listed
$550,000
+92.98%
05/11/2018
ArizonaRegional

ArizonaRegional #5748821

Sold
$285,000

Schools & Community

Neighborhood: 

Wood Park

Elementary school: 

Wood School

Middle school: 

Getz School

High school: 

Marcos De Niza 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

$256,216
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$249,784
Cash to seller
$256,216

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

Seller’s Loan History

Lender

Planet Home Lending Llc

Loan start date

March 2021

Original loan amount

$274,797

Est. remaining balance

$249,784

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Sam Heart

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: 04/04/2025 at 5:00 AM

Listing updated: 04/03/2025 at 12:51 PM

Listed by: Bonnie M Burns, AZ Prime Property Management Phone #: (480) 449-6632

MLS: ArizonaRegional #6837394

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