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$530,000

Beds
3
Baths
2.0
sq ft
1,638

1518 North 62nd Place, Mesa, AZ 85205

1518 North 62nd Place

Mesa, AZ 85205

  • 7 days on market
This charming 3-bedroom, 2-bath home offers a spacious layout with modern updates and welcoming outdoor spaces. The 2024 remodeled kitchen features granite countertops and a walk-in pantry, perfect for cooking and entertaining. Enjoy the comfort of a newly installed HVAC system and the convenience of two living areas. The backyard is an entertainer's dream with a pool, covered patio, and gazebo, plus RV gate and parking—no HOA! Additional perks include neutral paint throughout, a washer and dryer, and plenty of room to grow. Move-in ready and waiting for you! No HOA!

Details

Property type

Single Family Residence

Est. home value

$459,871

Lot size

0.28 acres

Price per sq ft

$324

Year built

1980

Annual property taxes

$1,759

HOA

No

Price History

01/15/2025
ArizonaRegional

ArizonaRegional #6802531

Listed
$530,000
+85.96%
10/09/2018
ArizonaRegional

ArizonaRegional #5809124

Sold
$285,000
+34.12%
09/10/2014
ArizonaRegional

ArizonaRegional #5155148

Sold
$212,500

Schools & Community

Neighborhood: 

Buckhorn

Elementary school: 

Mendoza Elementary School

Middle school: 

Shepherd Junior High School

High school: 

Red Mountain High School

High school district: 

Mesa 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

$163,543
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$324,057
Cash to seller
$163,543

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2023

Original loan amount

$330,687

Est. remaining balance

$324,057

Interest rate

6.5%

Loan type

FHA, 30 year

Seller

Mark E Lycan and Kathryn R Lycan

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: 01/22/2025 at 12:55 AM

Listing updated: 01/18/2025 at 10:25 AM

Listed by: Kathleen Scott, Redfin Corporation Phone #: (602) 483-4919

MLS: ArizonaRegional #6802531

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