tomo logo

$2,595,000

Beds
5
Baths
6.0
sq ft
4,483

1550 North 40th Street Unit 11, Mesa, AZ 85205

1550 North 40th Street Unit 11

Mesa, AZ 85205

  • 9 days on market
CAR COLLECTOR'S DREAM HOME - This 4482 sqft property has exceptional features including a 40' lap pool & spa, 3000+ square foot garage/workshop with RV garage doors, AC/heat, smart home, security system & Cameras, private gated driveway, & separate RV gate. The interior was carefully designed w/ high-end appliances, exceptional wood, tile, and stones to compliment the 4 bed 5 bath layout, all with walk-in closets, including separate his & her master closets. The layout easily accommodates multiple options for guest suites/wing, separate entry exits, 2 separate 2-car garages w/ enough extra garage space to house 20+ cars and toys. Hand-picked granite slabs in rare color tones create the perfect wow factor in a blended combination of modern & timeless traditional style.

Details

Property type

Single Family Residence

Est. home value

$1,664,678

Lot size

0.72 acres

Price per sq ft

$579

Year built

2014

Annual property taxes

$10,245

Monthly HOA fee

$300

Price History

06/21/2024
ArizonaRegional

ArizonaRegional #6722237

Listed
$2,595,000
+107.6%
03/23/2020
ArizonaRegional

ArizonaRegional #6016840

Sold
$1,250,000
+38.66%
08/22/2019
ArizonaRegional

ArizonaRegional #5956966

Sold
$901,500

Schools & Community

Neighborhood: 

Estate Groves and Valencia Estates

Elementary school: 

Bush Elementary

Middle school: 

Stapley Junior High School

High school: 

Mountain View High School

Community features: 

Gated, Tennis Court(s)

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

$1,473,672
Asking price
$2,595,000
Closing costs (~8% of asking)
-$207,600
Est. remaining loan balance
-$913,728
Cash to seller
$1,473,672

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2020

Original loan amount

$1,000,000

Est. remaining balance

$913,728

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Jeffrey Howell Kahhan Jr

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?

Status: Active

Tomo last checked: 06/30/2024 at 7:40 PM

Listing updated: 06/21/2024 at 1:13 PM

Listed by: Maziar Tokmehchin, HomeSmart Phone #: (602) 889-2135

MLS: ArizonaRegional #6722237

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