tomo logo

$680,000

Beds
3
Baths
2.0
sq ft
1,512

1142 East Tempe Drive, Tempe, AZ 85288

1142 East Tempe Drive

Tempe, AZ 85288

  • 19 days on market
Welcome to this exceptional opportunity just 10 min from Old Town and ASU! This 3 bed 2 bath home has an additional flex space that can be a 4th room or entertaining area. In 2018 this dream property was taken down to the studs and redesigned to offer a luxurious living experience. Step into the backyard, where you will find an oversized well-manicured lot, an RV gate and your private heated pool. The unbeatable location is perfect for short-term rentals like Airbnbs! Close to ASU, Tempe Marketplace, and Old Town Scottsdale, you'll enjoy easy access to endless entertainment, shopping, and dining options. Whether you're seeking a new home, a winter getaway, or a profitable investment, this exceptional property is the perfect choice.

Details

Property type

Single Family Residence

Est. home value

$685,216

Lot size

7,597 sq ft

Price per sq ft

$450

Year built

1960

Annual property taxes

$1,428

Price History

06/12/2024
ArizonaRegional

ArizonaRegional #6708642

Listed
$680,000
-4.9%
06/24/2022
ArizonaRegional

ArizonaRegional #6403380

Sold
$715,000

Schools & Community

Neighborhood: 

East Rio

Elementary school: 

Cecil Shamley School

Middle school: 

Cecil Shamley School

High school: 

McClintock 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

$45,461
Asking price
$680,000
Closing costs (~8% of asking)
-$54,400
Est. remaining loan balance
-$580,139
Cash to seller
$45,461

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

June 2022

Original loan amount

$643,500

Est. remaining balance

$580,139

Interest rate

4.4%

Loan type

New Conventional, 15 year

Seller

Michael Clark and Alina Antonova

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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ArizonaRegional
$699,000
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2120 North 69th Place, Scottsdale, AZ 85257

Status: Active

Tomo last checked: 06/30/2024 at 7:35 PM

Listing updated: 06/25/2024 at 12:43 PM

Listed by: Anna Dickinson, LPT Realty, LLC Phone #: (877) 366-2213

MLS: ArizonaRegional #6708642

ArizonaRegional logo

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