tomo logo

$375,000

Beds
3
Baths
1.0
sq ft
1,400

1124 East Orchid Lane, Phoenix, AZ 85020

1124 East Orchid Lane

Phoenix, AZ 85020

  • 2 days on market
Awesome backyard with covered patio. Sport court and great Mountain Views! Spacious 3 bedroom home with tile and laminate. Great starter home. Move in ready!

Details

Property type

Single Family Residence

Est. home value

$404,172

Lot size

5,825 sq ft

Price per sq ft

$268

Year built

1958

Annual property taxes

$1,151

Price History

07/01/2024
ArizonaRegional

ArizonaRegional #6720537

Listed
$375,000
+87.59%
03/21/2017
ArizonaRegional

ArizonaRegional #5560778

Sold
$199,900

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Desert View Elementary School

Middle school: 

Royal Palm Middle School

High school: 

Sunnyslope High School

High school district: 

Glendale 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

$171,255
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$173,745
Cash to seller
$171,255

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2020

Original loan amount

$190,150

Est. remaining balance

$173,745

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Wayne Schutsky and Gretchen Gesell

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: 07/02/2024 at 11:00 PM

Listing updated: 07/02/2024 at 2:27 PM

Listed by: Greg A Schutsky, Locality Homes Phone #: (602) 738-1623

MLS: ArizonaRegional #6720537

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