tomo logo

$399,999

Beds
3
Baths
2.0
sq ft
1,140

1540 West Marco Polo Road, Phoenix, AZ 85027

1540 West Marco Polo Road

Phoenix, AZ 85027

  • 24 days on market
    • Price drop $10,001↓
    • Open house Mar 09
This beautifully remodeled 3-bedroom, 2-bathroom home offers timeless charm and modern updates in a prime location, with no HOA fees. Perfect as a residential haven or investment property, it features a spacious kitchen with a pantry, granite countertops, and a central kitchen island ideal for gatherings. Step out to the covered patio, which provides a tranquil retreat overlooking a serene yard with a charming pergola-covered sitting area, all designed for easy maintenance with gravel and stone landscaping. Conveniently located near I-17 and Loop 101, this home blends comfort, style, and practicality in one perfect package!

Details

Property type

Single Family Residence

Est. home value

$357,336

Lot size

6,381 sq ft

Price per sq ft

$351

Year built

1974

Annual property taxes

$870

HOA

No

Price History

02/27/2025
ArizonaRegional

ArizonaRegional #6809615

Price change
$399,999
-2.44%
02/12/2025
ArizonaRegional

ArizonaRegional #6809615

Listed
$410,000
+100%
03/22/2018
ArizonaRegional

ArizonaRegional #5724999

Sold
$205,000

Schools & Community

Neighborhood: 

Deer Valley

Elementary school: 

Esperanza Elementary School

Middle school: 

Deer Valley Middle School

High school: 

Barry Goldwater High School

High school district: 

Deer Valley 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

$99,543
Asking price
$399,999
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$268,456
Cash to seller
$99,543

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

March 2022

Original loan amount

$284,788

Est. remaining balance

$268,456

Interest rate

3.56%

Loan type

FHA, 30 year

Seller

Bailey Erger and Bailey Erger

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: 03/09/2025 at 8:00 AM

Listing updated: 03/09/2025 at 1:09 AM

Listed by: George Laughton, My Home Group Real Estate Phone #: (623) 242-9459

MLS: ArizonaRegional #6809615

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