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$500,000

Beds
3
Baths
2.0
sq ft
1,238

1108 North Esther Street, Tempe, AZ 85288

1108 North Esther Street

Tempe, AZ 85288

  • <1 day on market
This updated 3 Bed, 2 Bath home is just minutes from the nearly $2 billion Tempe Town Lake development, ASU, and Old Town Scottsdale. Seriously, this location is 5 stars with access to everything! The home was recently refreshed and has solid rental history both as a long and short term rental. Outstanding value in a great area, opportunities like this rarely exist!

Details

Property type

Single Family Residence

Est. home value

$419,126

Lot size

7,318 sq ft

Price per sq ft

$404

Year built

1950

Annual property taxes

$1,444

HOA

No

Price History

04/07/2025
ArizonaRegional

ArizonaRegional #6847437

Listed
$500,000
+18.48%
10/09/2024
ArizonaRegional

ArizonaRegional #6753002

Sold
$422,000
-6.22%
10/02/2024
ArizonaRegional

ArizonaRegional #6753002

Pending
$450,000

Schools & Community

Neighborhood: 

East Rio

Elementary school: 

Cecil Shamley School

Middle school: 

Cecil Shamley School

High school: 

Tempe 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

$160,608
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$299,392
Cash to seller
$160,608

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

February 2021

Original loan amount

$330,404

Est. remaining balance

$299,392

Interest rate

2.67%

Loan type

FHA, 30 year

Seller

Joseph Mckenna

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: 04/07/2025 at 3:35 PM

Listing updated: 04/07/2025 at 11:11 AM

Listed by: Karl Freund, Kenneth James Realty Phone #: (480) 581-1111

MLS: ArizonaRegional #6847437

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