tomo logo

$799,000

Beds
3
Baths
3.0
sq ft
1,942

1104 East Driftwood Drive, Tempe, AZ 85283

1104 East Driftwood Drive

Tempe, AZ 85283

  • 64 days on market
    • Price drop $26,000↓
*WATERFRONT!* Experience true luxury in this exquisite, fully remodeled lakefront home located in the The Lakes community. Boasting $200k in upgrades, this 3-bed/3-bath retreat is a rare gem on the lake. The gourmet kitchen is a chef's dream, featuring high-end Café appliances, quartz countertops, a massive island with captivating lake views, and a walk-in pantry. The primary suite offers a private balcony overlooking the tranquil waters, providing the perfect sanctuary. Enjoy elegance and durability with Aquaguard flooring throughout. Thoughtfully designed with ample storage and direct garage access, new roof, new windows and new AC, this turn-key residence ensures convenience and sophistication. HOA fee includes access to Rec Center, Lap Pool, Sauna, Pickleball, playground, gym & more.

Details

Property type

Townhouse

Est. home value

$649,057

Lot size

5,092 sq ft

Price per sq ft

$412

Year built

1972

Annual property taxes

$3,841

Monthly HOA fee

$122.67

Price History

09/27/2024
ArizonaRegional

ArizonaRegional #6759111

Price change
$799,000
-3.15%
09/19/2024
ArizonaRegional

ArizonaRegional #6759111

Listed
$825,000
+50%
06/15/2021
ArizonaRegional

ArizonaRegional #6233200

Sold
$550,000

Schools & Community

Elementary school: 

Rover Elementary School

Middle school: 

Fees College Preparatory Middle School

High school: 

Marcos De Niza High School

Community features: 

Tennis Court(s), Playground, Clubhouse, Fitness Center

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

$699,418
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$35,662
Cash to seller
$699,418

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

Seller’s Loan History

Lender

Hart West Financial Inc

Loan start date

April 1998

Original loan amount

$147,500

Est. remaining balance

$35,662

Interest rate

6.99%

Loan type

New Conventional, 30 year

Seller

David H Geffen and Patricia Anne Geffen

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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218 East Sunburst Lane, Tempe, AZ 85284

Status: Active

Tomo last checked: 11/22/2024 at 7:55 AM

Listing updated: 10/07/2024 at 1:06 PM

Listed by: Andrew Kohner, Happy Jack Realty, LLC Phone #: (623) 581-5551

MLS: ArizonaRegional #6759111

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