tomo logo

$699,000

Beds
3
Baths
2.0
sq ft
1,750

1225 East Rancho Drive, Phoenix, AZ 85014

1225 East Rancho Drive

Phoenix, AZ 85014

  • <1 day on market
    • Open house Sep 28
Welcome! Located in the vibrant, community-driven North Central Phoenix, and tucked away in the charming Escondido Hermoso community, this hidden gem is centrally located yet wonderfully discreet. Boasting over $60,000 in remodeling upgrades, the interior is fresh, light, and bright. The north & east sides of the home are embraced by a covered patio. With both indoor and outdoor fireplaces, you'll be the ultimate host in the cooler months. Sunlight shimmers through the elegant chandelier in the vaulted family room. With a gas range/oven and BBQ, 2-car garage, side yard for storage, and indoor laundry, this home provides every amenity for convenient living. Secluded yet accessible, your new home blends indoor/outdoor living, modern finishes, a relaxed, open ambiance, privacy and elegance.

Details

Property type

Single Family Residence

Est. home value

$734,555

Lot size

7,309 sq ft

Price per sq ft

$400

Year built

1970

Annual property taxes

$3,373

Monthly HOA fee

$66.67

Price History

09/28/2024
ArizonaRegional

ArizonaRegional #6763695

Listed
$699,000
+31.39%
11/03/2020
ArizonaRegional

ArizonaRegional #6144494

Sold
$532,000
+90%
02/02/2016
ArizonaRegional

ArizonaRegional #5374822

Sold
$280,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Rose Lane School

Middle school: 

Madison #1 Middle School

High school: 

North High School

High school district: 

Phoenix Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

November 2023

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Credit Line (Revolving), 30 year

Seller

Theresa A Martin

Lender

Alerus Financial Na

Loan start date

October 2020

Original loan amount

$478,800

Est. remaining balance

$437,000

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Theresa Ann Martin

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?

Status: Active

Tomo last checked: 09/27/2024 at 11:10 PM

Listing updated: 09/27/2024 at 10:09 PM

Listed by: Aaron Carter, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6763695

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