tomo logo

$799,900

Beds
4
Baths
2.5
sq ft
2,511

1555 East Ocotillo Road Unit 20, Phoenix, AZ 85014

1555 East Ocotillo Road Unit 20

Phoenix, AZ 85014

  • 127 days on market
    • Price drop $15,000↓
***$10,000 seller concession being offered*** Spectacular 4-bedroom home in gated community featuring open-concept floor-plan, separate dining area, walk-in pantry, covered patio, large laundry room, loft living area, private yard and abundant storage. This home is located in the highly desirable Madison School District. Homeowners will enjoy the community pool, spa and BBQ area. Homeowner is a licensed real estate agent in the state of Arizona.

Details

Property type

Single Family Residence

Est. home value

$853,315

Lot size

3,449 sq ft

Price per sq ft

$319

Year built

2020

Annual property taxes

$4,429

Monthly HOA fee

$354

Price History

06/06/2024
ArizonaRegional

ArizonaRegional #6670988

Price change
$799,900
-1.84%
05/22/2024
ArizonaRegional

ArizonaRegional #6670988

Price change
$814,900
-0.61%
04/25/2024
ArizonaRegional

ArizonaRegional #6670988

Price change
$819,900
-0.61%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Elementary School

Middle school: 

Madison Meadows School

High school: 

North High School

Community features: 

Gated

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

$326,459
Asking price
$799,900
Closing costs (~8% of asking)
-$63,992
Est. remaining loan balance
-$409,449
Cash to seller
$326,459

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

March 2021

Original loan amount

$441,784

Est. remaining balance

$409,449

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Dewayne Duffy Mcqueen and Shelby Paige Mcqueen

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
$699,999
4 bd
|
3 ba
|
2,450 sq ft
|
House

6711 North 19th Street, Phoenix, AZ 85016

Price drop
ArizonaRegional
$899,000
4 bd
|
3 ba
|
1,840 sq ft
|
House

1851 East Ocotillo Road, Phoenix, AZ 85016

Price drop
ArizonaRegional
$859,550
4 bd
|
3 ba
|
1,800 sq ft
|
House

1322 East Colter Street, Phoenix, AZ 85014

Status: Active

Tomo last checked: 07/07/2024 at 6:10 AM

Listing updated: 06/17/2024 at 12:04 AM

Listed by: Timothy S Nyland, Viking Realty Phone #: (602) 663-2324

MLS: ArizonaRegional #6670988

ArizonaRegional logo