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$365,000

Beds
3
Baths
2.5
sq ft
1,564

11618 West Olive Drive, Avondale, AZ 85392

11618 West Olive Drive

Avondale, AZ 85392

  • Pending
    • Price drop $10,000↓
SHORT SALE OPPORUNITY! Located in the highly sought-after Garden Lakes community in Avondale, AZ, this home offers scenic lakes, walking trails, & greenbelts. The backyard features a sparkling pool with a newer heater, filter, & pump, framed by low-maintenance turf. Inside, enjoy vaulted ceilings in the living room & a gourmet kitchen with stainless steel appliances, granite countertops, custom cabinetry, & a spacious island. Just 3 miles from Gateway Pavilions with cinemas, Costco, & dining, & less than 10 minutes to Cardinals Stadium, Westgate, Topgolf, & Desert Diamond Casino. Opening in 2025, Mattel Adventure Park will feature Hot Wheels rides, a Barbie Beach House, & more, alongside the VAI Resort's lagoon & entertainment. Perfect as a family home or vacation rental!

Details

Property type

Single Family Residence

Est. home value

$399,150

Lot size

4,221 sq ft

Price per sq ft

$234

Year built

1990

Annual property taxes

$1,610

HOA fee

$438

Price History

03/22/2025
ArizonaRegional

ArizonaRegional #6807114

Pending
$365,000
03/14/2025
ArizonaRegional

ArizonaRegional #6807114

Price change
$365,000
-2.67%
03/10/2025
ArizonaRegional

ArizonaRegional #6807114

Price change
$375,000
-2.6%

Schools & Community

Neighborhood: 

Garden Lakes

Elementary school: 

Garden Lakes Elementary School

Middle school: 

Garden Lakes Elementary School

High school: 

Westview High School

Community features: 

Lake, Playground, Sidewalks

High school district: 

Tolleson 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

-$26,845
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$362,645
Cash to seller
-$26,845

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2021

Original loan amount

$393,855

Est. remaining balance

$362,645

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Ryan Blecha and Heather Blecha

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: Pending/Under Contract

Tomo last checked: 04/03/2025 at 12:15 PM

Listing updated: 03/22/2025 at 5:01 PM

Listed by: Andrew Piane, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6807114

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