tomo logo

$500,000

Beds
3
Baths
2.0
sq ft
1,894

1516 East Constance Way, Phoenix, AZ 85042

1516 East Constance Way

Phoenix, AZ 85042

  • 81 days on market
This well-maintained home offers a popular split floor plan with a versatile den/office and a split 3-car garage, both with direct entry to the house. Located at the base of South Mountain Park and Preserve, you can live less than 5 miles from popular trailheads for hiking, trail running, and mountain biking. The open layout features a kitchen with 42-inch white cabinets, granite counters, and a large island. Enjoy a spacious living and entertaining area. The master bedroom has a backyard exit to a low-maintenance faux grass lawn. Tile and laminate flooring are throughout, with low maintenance desert landscaping outside. Ready to move in—welcome home!

Details

Property type

Single Family Residence

Est. home value

$476,024

Lot size

6,490 sq ft

Price per sq ft

$264

Year built

2004

Annual property taxes

$2,345

Monthly HOA fee

$65

Price History

08/22/2024
ArizonaRegional

ArizonaRegional #6747234

Listed
$500,000
+10.62%
10/08/2021
ArizonaRegional

ArizonaRegional #6286676

Sold
$452,000
+92.34%
12/30/2015
ArizonaRegional

ArizonaRegional #5356312

Sold
$235,000

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Roosevelt Elementary School

Middle school: 

Greenfield Junior High School

High school: 

South Mountain High School

Community features: 

Playground

High school district: 

Phoenix 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

$59,756
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$400,244
Cash to seller
$59,756

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

October 2021

Original loan amount

$429,400

Est. remaining balance

$400,244

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Jacob R Tyler and Haily Marie Tyler

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

Price drop
ArizonaRegional
$475,000
3 bd
|
2 ba
|
1,756 sq ft
|
House

202 East Milada Drive, Phoenix, AZ 85042

Price drop
ArizonaRegional
$509,000
3 bd
|
2 ba
|
1,697 sq ft
|
House

707 West Coles Road, Phoenix, AZ 85041

Status: Active

Tomo last checked: 11/12/2024 at 12:40 PM

Listing updated: 08/22/2024 at 2:53 PM

Listed by: Robin D Lamb, Real Estate Professionals, LLC Phone #: (480) 420-7146

MLS: ArizonaRegional #6747234

ArizonaRegional logo