tomo logo

$600,000

Beds
2
Baths
2.0
sq ft
1,598

1449 Elk Drive, Forest Lakes, AZ 85931

1449 Elk Drive

Forest Lakes, AZ 85931

  • 16 days on market
Looking for a new home? This beautiful 2 bed, 2 bath residence in Forest Lakes is for you! Nestled on an oversized 1 acre lot & featuring a detached 2 car garage w/a cozy loft, multiple storage sheds, and a cozy front deck! Inside you will find a large dining & living area w/elegant wood-look flooring and neutral palette throughout. Prepare delicious meals in this fabulous kitchen comprised of wood cabinetry w/quartz counters, SS appliances, and a peninsula complete w/a breakfast bar. Cozy bedrooms promise you and your loved ones a good night's sleep! Located just around the corner from the Forest Lakes Community Center and with easy freeway access, this home is a dream come true! Act now before it's gone!

Details

Property type

Single Family Residence

Est. home value

$501,496

Lot size

1.0 acres

Price per sq ft

$376

Year built

1967

Annual property taxes

$2,419

HOA

No

Price History

02/08/2025
ArizonaRegional

ArizonaRegional #6817700

Listed
$600,000
+27.66%
11/05/2021
ArizonaRegional

ArizonaRegional #6262577

Sold
$470,000
+57.19%
08/28/2019
ARMLS

ARMLS #5929599

Sold
$299,000

Schools & Community

Elementary school: 

Other

Middle school: 

Other

High school: 

Other

Community features: 

Sidewalks

High school district: 

Other

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

$160,115
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$391,885
Cash to seller
$160,115

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2021

Original loan amount

$423,000

Est. remaining balance

$391,885

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Luke Velasco and Ricardo Leon Contreras

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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1225 Highway Loop, Forest Lakes, AZ 85931

Status: Active

Tomo last checked: 02/24/2025 at 4:30 AM

Listing updated: 02/08/2025 at 12:10 AM

Listed by: Luke Raul Velasco, HomePros Phone #: (602) 549-7260

MLS: ArizonaRegional #6817700

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