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$730,000

Beds
4
Baths
2.5
sq ft
2,643

1142 East Sunburst Lane, Tempe, AZ 85284

1142 East Sunburst Lane

Tempe, AZ 85284

  • 90 days on market
Large Family Home with HUGE Potential! Priced Below Market! This is one of the largest homes available in Tempe at this price and NO HOA. This solid, well-built home is an incredible opportunity for the right buyer with a vision! This property offers a strong foundation & endless possibilities for updates & personalization. Featuring 4 beds, 3 baths, a split floor plan and spacious layout on a generous size lot, NEWER ROOF, NEW insulated TRIPLE PANE WINDOWS, GORGEOUS remodeled primary bath, Vaulted ceilings, open kitchen concept with SS appliances, & an Instant Hot Water & Water Filtration System + RO for convenience. A HUGE Arizona Room adds valuable extra space, while the fenced diving pool & shaded yard provide a perfect outdoor retreat. It's perfect for those looking to invest in ... a home with great bones. This home is a fantastic opportunity. With a little TLC, this house can be transformed into your dream home or a fantastic investment property. Conveniently located in Tempe, close to freeways, restaurants, Sky Harbor airport, this is a rare find at this price. Don't miss out on this chance to create something special come see it to envision the possibilities today!

Details

Property type

Single Family Residence

Est. home value

$708,742

Lot size

0.25 acres

Price per sq ft

$277

Year built

1987

Annual property taxes

$3,737

HOA

No

Price History

02/22/2025
ArizonaRegional

ArizonaRegional #6777515

Price change
$730,000
02/11/2025
ArizonaRegional

ArizonaRegional #6777515

Price change
$729,999
-0.67%
02/01/2025
ArizonaRegional

ArizonaRegional #6777515

Price change
$734,900
-1.34%

Schools & Community

Neighborhood: 

Sandahl

Elementary school: 

C I Waggoner School

Middle school: 

Kyrene Akimel A-Al Middle School

High school: 

Corona Del Sol 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

$360,808
Asking price
$730,000
Closing costs (~8% of asking)
-$58,400
Est. remaining loan balance
-$310,792
Cash to seller
$360,808

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2021

Original loan amount

$350,000

Est. remaining balance

$310,792

Interest rate

3.14%

Loan type

New Conventional, 21 year

Seller

Kevin L Forchione and Vicki J Picciuolo

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: 02/23/2025 at 6:20 AM

Listing updated: 02/22/2025 at 10:45 AM

Listed by: Kelly Jean Oxford, Realty85 Phone #: (480) 405-6464

MLS: ArizonaRegional #6777515

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