tomo logo

$700,000

Beds
4
Baths
2.0
sq ft
2,464

1044 East Alameda Drive, Tempe, AZ 85282

1044 East Alameda Drive

Tempe, AZ 85282

  • 36 days on market
    • Price drop $30,000↓
Only 1 of 4 beautiful Custom BASEMENT HOMES in an idyllic Tempe location, boasting 4 bedrooms, 2 bath, beautifully remodeled spacious 2464 sq.ft. Enter into a seamlessly flowing large open floor plan that effortlessly blends spacious living with contemporary design for practical living. The large family room opens up to the great sized kitchen, which features stunning marble backsplash, center island/breakfast bar, SS appliances, white modern cabinets, quartz countertops, sleek wood-look LVP flooring throughout, all new windows. Step down into the expansive basement to watch a movie or sports on the big screen, perfect for games and entertainment. The backyard is the ideal place to stay cool in in your private sparkling pebble-tec pool, or relaxing under the large covered patio. The primary suit offers a private courtyard and seamless access to the pool through sliding glass doors. The low-maintenance turf in the backyard ensures effortless upkeep. Nestled in Tempe's vibrant core; Minutes from ASU, shopping, Tempe Town Lake, restaurants, night life and easy access to airport and freeways. No HOA, makes for an amazing investment opportunity for college students, short term rental or owner occupant. Take advantage of the large price reduction before it's gone! Furniture is available on a separate bill of sale. **SELLER OFFERING FINANCING ADVANTAGE TO BUYER'S OF UP TO $15K FOR A 2/1 BUYDOWN TO REDUCE BUYERS MONTHLY PAYMENT FOR up to 2 years

Details

Property type

Single Family Residence

Est. home value

$589,418

Lot size

8,002 sq ft

Price per sq ft

$285

Year built

1965

Annual property taxes

$2,446

Price History

06/22/2024
ArizonaRegional

ArizonaRegional #6709391

Price change
$700,000
-4.11%
06/14/2024
ArizonaRegional

ArizonaRegional #6709391

Price change
$730,000
-6.29%
05/27/2024
ArizonaRegional

ArizonaRegional #6709391

Listed
$779,000
+159.67%

Schools & Community

Neighborhood: 

Hughes Acres

Elementary school: 

Cecil Shamley School

Middle school: 

Connolly Middle School

High school: 

McClintock 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

$326,255
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$317,745
Cash to seller
$326,255

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

Seller’s Loan History

Lender

Pacific West Lending Llc

Loan start date

November 2020

Original loan amount

$345,000

Est. remaining balance

$317,745

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

William F Shearer and Brooke A Shearer

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: 07/02/2024 at 4:35 PM

Listing updated: 06/22/2024 at 7:43 AM

Listed by: Brooke Shearer, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6709391

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