tomo logo

$685,000

Beds
4
Baths
2.0
sq ft
1,992

1051 East Frost Drive, Tempe, AZ 85282

1051 East Frost Drive

Tempe, AZ 85282

  • 101 days on market
    • Price drop $4,900↓
This fully remodeled home in the heart of Tempe has it all! Inside you will find two separate living spaces. One living room features a beautiful glass slider that looks out to the oversized swimming pool and mature vegetation. You can swim laps or just lounge around in this incredible pool! Inside you will find that the bedrooms are good size and the master bedroom is split away from the other 3 bedrooms. This gorgeous home has been remodeled from the bottom up and also has an AC unit that is only 4 years old! The home is flawless and the location is even better! This home is right off of the US60 which will give you access to all parts of the valley! Do not miss out on your chance to own this incredible home in prime location!

Details

Property type

Single Family Residence

Est. home value

$631,435

Lot size

7,802 sq ft

Price per sq ft

$344

Year built

1971

Annual property taxes

$2,577

HOA

No

Price History

02/14/2025
ArizonaRegional

ArizonaRegional #6782526

Price change
$685,000
-0.71%
02/03/2025
ArizonaRegional

ArizonaRegional #6782526

Price change
$689,900
-0.01%
01/18/2025
ArizonaRegional

ArizonaRegional #6782526

Removed
$689,990

Schools & Community

Elementary school: 

Arredondo Elementary 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

$55,078
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$575,122
Cash to seller
$55,078

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2022

Original loan amount

$598,500

Est. remaining balance

$575,122

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Melad Mina and Anthony Pielin Atkins

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: 02/23/2025 at 6:25 AM

Listing updated: 02/17/2025 at 12:57 AM

Listed by: Daryl Lee Eduardo Stuteville, A.Z. & Associates Phone #: (602) 456-7600

MLS: ArizonaRegional #6782526

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