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$695,000

Beds
4
Baths
3.0
sq ft
2,301

1406 East Ellis Drive, Tempe, AZ 85282

1406 East Ellis Drive

Tempe, AZ 85282

  • 1 day on market
    • Price drop $54,000↓
The property features a versatile mother-in-law suite or attached rental unit, ideal for extended family or generating rental income. This separate kitchenette living space includes a zero entry shower, w/d hookups. Indulge in relaxation with a luxurious private outdoor soaking tub and dual shower area, offering a serene escape right in your own backyard, The outdoor kitchen and bar provides an ideal setting for outdoor entertaining. Year round gatherings are comfortable under the covered patio outfitted with a high pressure misting system. Enjoy the Big Game from 3 large screen TVs, or have quiet conversations in front of the fireplace.

Details

Property type

Single Family Residence

Est. home value

$553,504

Lot size

8,364 sq ft

Price per sq ft

$303

Year built

1971

Annual property taxes

$2,155

Price History

10/04/2024
ArizonaRegional

ArizonaRegional #6754437

Listed
$695,000
+165.77%
01/26/2018
ArizonaRegional

ArizonaRegional #5681919

Sold
$261,500

Schools & Community

Elementary school: 

Arredondo Elementary School

Middle school: 

Connolly Middle School

High school: 

McClintock High School

High school district: 

Tempe 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

Cmg Mortgage Inc

Loan start date

March 2023

Original loan amount

$556,000

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

Credit Line (Revolving), 30 year

Seller

Robert Calnin and Victoria Potter

Lender

Lhm Financial Corp

Loan start date

October 2018

Original loan amount

$214,600

Est. remaining balance

$191,798

Interest rate

4.54%

Loan type

New Conventional, 30 year

Seller

Robert Calnin and Victoria Potter

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: 10/04/2024 at 7:20 PM

Listing updated: 10/04/2024 at 12:19 AM

Listed by: Robert Calnin, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6754437

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