tomo logo

$800,000

Beds
3
Baths
2.75
sq ft
2,892

1309 East Echo Lane, Phoenix, AZ 85020

1309 East Echo Lane

Phoenix, AZ 85020

  • 14 days on market
    • Price drop $35,000↓
    • Open house Mar 09
Experience unparalleled privacy and breathtaking views in this mountainside retreat. Situated on a quiet cul-de-sac, this exceptional home offers extraordinary mountain and city light panoramas. Benefit from energy savings with OWNED SOLAR PANELS (THIS $56K SYSTEM IS PAID IN FULL-NO PAYMENTS!) and a newer HVAC unit. Enjoy seamless entertaining in the open-concept living area, featuring kitchen (with new induction cooktop, dishwasher, microwave and refrigerator), dining, living, and family rooms, all bathed in natural light from new windows and killer views! The spacious primary suite boasts a generously sized walk-in closet and direct access to the expansive screened-in Arizona room, perfect for indoor/outdoor living. The lower level presents a versatile living space ideal for an in-law suite, multi-generational living or guest quarters. This area is complete with a bathroom, a nearly -full second kitchen, and a large studio/flex space with a fireplace and direct access to the backyard. Continue down the newly floored stairs to the massive laundry room that not only provides ample space for laundry duty, but could also double as a place to create: a mud room, a built in storage locker for backpacks, a hobby/craft room, workbench, or just an extra place for storage. 2 car garage comes equipped with a 220 Volt EV charger and additional storage options. Outside, the low-maintenance backyard is an entertainer's dream, showcasing an extended covered patio, newly refinished pool, solar pool cover, artificial turf, and of course, those incredible views. Other recent improvements include, recently painted interior and exterior and a new RV gate. A nearby trailhead caters to outdoor enthusiasts, while the vibrant city life, with its dining, shopping, nightlife, and freeway access, is just minutes away.

Details

Property type

Single Family Residence

Est. home value

$694,321

Lot size

7,358 sq ft

Price per sq ft

$277

Year built

1966

Annual property taxes

$2,526

HOA

No

Price History

03/07/2025
ArizonaRegional

ArizonaRegional #6824748

Price change
$800,000
-4.19%
02/23/2025
ArizonaRegional

ArizonaRegional #6824748

Listed
$835,000
+20.14%
10/27/2023
ArizonaRegional

ArizonaRegional #6581197

Sold
$695,000
+74.84%

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Desert View Elementary School

Middle school: 

Royal Palm Middle School

High school: 

Sunnyslope High School

High school district: 

Glendale 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

$89,179
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$646,821
Cash to seller
$89,179

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

Seller’s Loan History

Lender

Guardian Mortgage Co Inc

Loan start date

October 2023

Original loan amount

$655,500

Est. remaining balance

$646,821

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Stephen Spinner and Galit Khazoom

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?

Similar Homes Nearby

ArizonaRegional
$840,000
3 bd
|
3 ba
|
2,248 sq ft
|
House

7837 North 13th Street, Phoenix, AZ 85020

Price drop
ArizonaRegional
$729,900
3 bd
|
3 ba
|
1,934 sq ft
|
House

316 East El Camino Drive, Phoenix, AZ 85020

Pending
ArizonaRegional
$823,000
3 bd
|
2 ba
|
2,367 sq ft
|
House

623 East Winter Drive, Phoenix, AZ 85020

Status: Active

Tomo last checked: 03/08/2025 at 6:50 PM

Listing updated: 03/06/2025 at 8:43 PM

Listed by: Heidi Majidi, RE/MAX Fine Properties Phone #: (480) 792-9500

MLS: ArizonaRegional #6824748

ArizonaRegional logo