tomo logo

$550,000

Beds
2
Baths
2.5
sq ft
1,835

1056 North Miller Road, Tempe, AZ 85288

1056 North Miller Road

Tempe, AZ 85288

  • 39 days on market
    • Price drop $5,000↓
Welcome to this delightful 2-bedroom townhome in Bella Vita! Fall in love with the inviting great room with high ceilings, recessed lighting, a soothing palette, and wood-look flooring. Cook delicious meals in the gourmet kitchen, equipped with granite counters, abundant cabinetry with crown moulding, a mosaic tile backsplash, chic pendant lighting, stainless steel appliances, a handy pantry, and an island with a breakfast bar for quick meals. Double doors lead to the main bedroom, offering soft carpeting, an ensuite with double vanities, and a walk-in closet. You'll also find a cozy loft ideal for an office or a reading nook. Venture onto the balcony and enjoy a breath of fresh air. Grab your favorite drink and unwind on the open patio. Make it yours!

Details

Property type

Townhouse

Est. home value

$544,392

Lot size

1,267 sq ft

Price per sq ft

$300

Year built

2016

Annual property taxes

$2,755

Monthly HOA fee

$190

Price History

12/15/2024
ArizonaRegional

ArizonaRegional #6783305

Price change
$550,000
-0.9%
12/04/2024
ArizonaRegional

ArizonaRegional #6783305

Price change
$555,000
-0.45%
11/13/2024
ArizonaRegional

ArizonaRegional #6783305

Listed
$557,500
+66.92%

Schools & Community

Neighborhood: 

East Rio

Elementary school: 

Cecil Shamley School

Middle school: 

Cecil Shamley School

High school: 

McClintock High School

Community features: 

Pool

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

$366,120
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$139,880
Cash to seller
$366,120

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

Seller’s Loan History

Lender

Frederick Warren Lam

Loan start date

June 2020

Original loan amount

$263,219

Est. remaining balance

$139,880

Interest rate

2.8%

Loan type

Not Provided, 9 year

Seller

Gregory Lam

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: 12/22/2024 at 12:15 PM

Listing updated: 12/15/2024 at 7:40 AM

Listed by: Douglas C Schneider, Real Broker Phone #: (602) 755-3415

MLS: ArizonaRegional #6783305

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