tomo logo

$619,000

Beds
4
Baths
2.0
sq ft
2,058

1224 East Loma Vista Drive, Tempe, AZ 85282

1224 East Loma Vista Drive

Tempe, AZ 85282

  • 102 days on market
    • Price drop $21,000↓
This single family home boasts 4 spacious bedrooms, providing ample space for relaxation and privacy. The newly remodeled gourmet kitchen is a culinary delight, featuring sleek concrete countertops that add a modern touch to the space. The primary bathroom suite has been luxuriously renovated, offering a walk-in shower equipped with invigorating body jets and a sumptuous soaking tub. The secondary bathroom has been renovated to include a deep soaking tub. In addition to its luxurious amenities, this home boasts a spacious living room with wood-burning fireplace, creating a cozy ambiance perfect for family and friends during cooler evenings. The north facing backyard features a newly resurfaced diving pool. THE CURRENT MORTGAGE IS ASSUMABLE AT A 2.625% INTEREST RATE

Details

Property type

Single Family Residence

Est. home value

$502,172

Lot size

7,518 sq ft

Price per sq ft

$301

Year built

1963

Annual property taxes

$1,855

Price History

05/31/2024
ArizonaRegional

ArizonaRegional #6680904

Price change
$619,000
-3.28%
04/17/2024
ArizonaRegional

ArizonaRegional #6680904

Listed
$640,000
04/02/2024
ArizonaRegional

ArizonaRegional #6680904

Pending
$640,000

Schools & Community

Neighborhood: 

Hughes Acres

Elementary school: 

Meyer Montessori Elementary School

Middle school: 

McKemy Middle 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

$342,797
Asking price
$619,000
Closing costs (~8% of asking)
-$49,520
Est. remaining loan balance
-$226,683
Cash to seller
$342,797

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

February 2021

Original loan amount

$245,349

Est. remaining balance

$226,683

Interest rate

2.65%

Loan type

FHA, 30 year

Seller

Sarah Davis and Terrence T Davis

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 4:20 PM

Listing updated: 06/24/2024 at 12:26 PM

Listed by: Cathleen T Holdsworth, Compass Point Realty Phone #: (480) 235-0024

MLS: ArizonaRegional #6680904

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