tomo logo

$1,400,000

Beds
7
Baths
4.5
sq ft
3,550

1450 East Royal Palm Road, Phoenix, AZ 85020

1450 East Royal Palm Road

Phoenix, AZ 85020

  • 20 days on market
These homes are on two side by side lot addresses we combined as a compound of 3 living spaces on the property !! Location Location Location . Tuscany Vineyard and an Orchard Villa next door combined right at the Phoenix Mountain preserve. 2 guest venues totaling 7 bedrooms, 4 1/2 bath, lofts, vaulted ceilings, columns, mosaics in travertine. The'' Main House'' Kitchen features Teppanyaki venue, granite and gibralter counter tops , pass through serving windows to pool area. Home is made for entertaining w/ wet liquor bar and wet butler center. Bathroom fireplace, radiant heated floor in kitchen and bath. Loft, leaded glass window are the kind of features setting the property's feel. Property has pool, raised Trex decks for entertainment and outdoor living. French drains..... Guest #1 has a loft with mountain views, fireplace, copper accents. Curved wall bathroom. .Guest# 2 venue has, olive, orange, elevated grow spaces , Golf putting green with rough. Bonus office/gym/rec space or bedroom use lock off. 2 out buildings with a gated car space. Low maintenance yard. Ready for buyer to convert to Vacation Rental venues or entertain extended family or Multi -generational family living compound . NO HOA Neighborhood is known for Piestwa Peak parrots. Dreamy Draw Park mountain terrain hiking, biking, horse trails, and Canal trail access. The Property is near a resort with Tocasierra spa membership available w/ tennis courts. Quiet Street, Circle drive parking. Near eclectic neighborhood restaurants. Enjoy major sporting events, Superbowl, TCP Golf. Parades. Arabian Horse shows. Barrett Jackson, cultural events and Casinos. Water Skiing, Winter skiing (2 hrs). Sedona (1 1/2 hrs). Flagstaff alpine( 2 hrs). Grand Canyon 3 1/2 hrs. Palm Springs 4 hrs. Las Vegas 4 hrs driving. Centrally located close to Freeway access, airport, and all transportation. Phoenix living in this neighborhood is a great lifestyle. Can sell property as separate homes but prefer a buyer for it all. Selling "AS IS"

Details

Property type

Single Family Residence

Est. home value

$575,887

Lot size

0.32 acres

Price per sq ft

$395

Year built

1987

Annual property taxes

$2,627

Price History

06/14/2024
ArizonaRegional

ArizonaRegional #6718077

Listed
$1,400,000

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Washington Elementary School - Phoenix

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

$852,470
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$435,530
Cash to seller
$852,470

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

April 2021

Original loan amount

$467,200

Est. remaining balance

$435,530

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Raymond S Janic and Chucki I Reed

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
$1,200,000
4 bd
|
4.5 ba
|
3,041 sq ft
|
House

1810 East Mountain View Road, Phoenix, AZ 85020

Price drop
ArizonaRegional
$1,450,000
5 bd
|
3.5 ba
|
4,245 sq ft
|
House

2230 East Cinnabar Avenue, Phoenix, AZ 85028

Price drop
ArizonaRegional
$1,499,000
4 bd
|
2.5 ba
|
3,741 sq ft
|
House

15 East Cactus Wren Drive, Phoenix, AZ 85020

Status: Active

Tomo last checked: 07/04/2024 at 11:10 AM

Listing updated: 06/18/2024 at 5:33 PM

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

MLS: ArizonaRegional #6718077

ArizonaRegional logo

Recently listed in Phoenix