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$290,000

Beds
4
Baths
1.0
sq ft
1,223

1545 West Marco Polo Road, Phoenix, AZ 85027

1545 West Marco Polo Road

Phoenix, AZ 85027

  • 19 days on market
    • Price drop $10,000↓
Investor special! This 4-bedroom, 1-bathroom home is situated in a peaceful neighborhood with NO HOA, offering excellent potential. Featuring leased solar and a den, this 1,223 sqft open-concept living space is bright and airy, with sleek wood-look laminate flooring and large windows that fill the home with natural light. The kitchen opens to the backyard through a sliding glass door, providing easy access to a low-maintenance outdoor space complete with a pool, gravel, pebbles, and a convenient storage area. A perfect opportunity for investors or those seeking a tranquil retreat!

Details

Property type

Single Family Residence

Est. home value

$375,548

Lot size

6,393 sq ft

Price per sq ft

$238

Year built

1974

Annual property taxes

$870

Price History

11/13/2024
ArizonaRegional

ArizonaRegional #6778185

Price change
$290,000
-3.33%
10/31/2024
ArizonaRegional

ArizonaRegional #6778185

Listed
$300,000
+42.86%
05/15/2020
ArizonaRegional

ArizonaRegional #6033679

Sold
$210,000

Schools & Community

Neighborhood: 

Deer Valley

Elementary school: 

Esperanza Elementary School - 85027

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

$85,634
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$181,166
Cash to seller
$85,634

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2020

Original loan amount

$199,500

Est. remaining balance

$181,166

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Roya Simale

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: 11/19/2024 at 8:45 PM

Listing updated: 11/13/2024 at 3:30 AM

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

MLS: ArizonaRegional #6778185

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