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$395,000

Beds
3
Baths
2.0
sq ft
1,074

1059 West Cornell Drive, Tempe, AZ 85283

1059 West Cornell Drive

Tempe, AZ 85283

  • <1 day on market
Incredible opportunity with this Tempe home. Located close to restaurants, shopping, entertainment, and easy access to freeways. Makes for a wonderful primary home or investment opportunity. Spacious floor plan, wonderful curb appeal, with stunning salcedo tile throughout. Expansive backyard features RV gate access and a clean slate to add a pool or whatever you can dream of! This home has been a successful rental property and continues to be an ideal home for someone looking to enjoy all that Tempe has to offer. Front yard features beautiful trees and desert landscape with an inviting cherry red front door. Don't miss out on this opportunity!

Details

Property type

Single Family Residence

Est. home value

$385,317

Lot size

0.23 acres

Price per sq ft

$368

Year built

1980

Annual property taxes

$1,466.74

Price History

10/04/2024
ArizonaRegional

ArizonaRegional #6766820

Listed
$395,000
+151.59%
01/12/2016
ArizonaRegional

ArizonaRegional #5354473

Sold
$157,000

Schools & Community

Neighborhood: 

Wood Park

Elementary school: 

Wood School

Middle school: 

Fees College Preparatory Middle 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

$265,102
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$98,298
Cash to seller
$265,102

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

Seller’s Loan History

Lender

New West Lending Inc

Loan start date

October 2020

Original loan amount

$107,500

Est. remaining balance

$98,298

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Richard Alvarez and Danielle Alvarez

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: 10/04/2024 at 7:20 PM

Listing updated: 10/04/2024 at 5:09 PM

Listed by: Megan Smith, The Brokery Phone #: (602) 888-6375

MLS: ArizonaRegional #6766820

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