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$689,000

Beds
3
Baths
2.0
sq ft
1,619

142 West Ivanhoe Place, Chandler, AZ 85225

142 West Ivanhoe Place

Chandler, AZ 85225

  • 34 days on market
    • Price drop $10,000↓
Calling all investors! Long term tenant (4 years) paying $5,500/month at a 9% cap rate until 12/1/24 and would like to renew for a one year minimum. This property is ideal for investors looking for a hassle-free & highly profitable rental income property. All rental payment history available upon request. Perfect fit for a 1031 exchange client or investor. Home was fully remodeled in 2018 and has a solar lease for $142/mo. Please reach out to agent directly with any additional questions or proof of income. DO NOT DISTURB TENANT PLEASE.

Details

Property type

Single Family Residence

Est. home value

$402,205

Lot size

7,396 sq ft

Price per sq ft

$426

Year built

1961

Annual property taxes

$962

Price History

06/21/2024
ArizonaRegional

ArizonaRegional #6711592

Price change
$689,000
-1.43%
06/08/2024
ArizonaRegional

ArizonaRegional #6711592

Price change
$699,000
-6.8%
05/29/2024
ArizonaRegional

ArizonaRegional #6711592

Listed
$750,000
+94.81%

Schools & Community

Elementary school: 

Hartford Sylvia Encinas Elementary

Middle school: 

Bogle Junior High School

High school: 

Chandler High School

High school district: 

Chandler Unified 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

$358,984
Asking price
$689,000
Closing costs (~8% of asking)
-$55,120
Est. remaining loan balance
-$274,896
Cash to seller
$358,984

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

February 2022

Original loan amount

$288,750

Est. remaining balance

$274,896

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Christopher Vlad and Mary Vlad

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 4:25 PM

Listing updated: 06/24/2024 at 6:53 AM

Listed by: Christopher Vlad, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6711592

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