tomo logo

$875,000

Beds
5
Baths
3.5
sq ft
3,300

16256 South 1st Street, Phoenix, AZ 85048

16256 South 1st Street

Phoenix, AZ 85048

  • 43 days on market
    • Price drop $24,999↓
Bonus...4.75% Assumable Loan with qualification. Discover this stylish 5-bedroom, 3.5-bath home in highly desirable Foothills Club West neighborhood. Designed for comfort & style, this home offers an inviting & spacious layout perfect for families who love to relax or entertain. Home layout features a first-floor master bed/bath with His & Her Walk-In Closets & a second-floor Ensuite with private balcony access, offering a serene retreat & enhanced privacy for family or guests. Thoughtful design elements, including a stylish wet bar, a cozy gas fireplace, shutters & recessed lighting, add warmth & sophistication to the home. Experience the ultimate Backyard Oasis, enhanced by a $100,000 Remodel designed for luxury & entertainment. The Custom pergola, complete with electric & lighting creates an inviting space, while the eat- in seating for eight with a stunning travertine countertop which adds both syle & functionality. Outfitted with Premium Twin Eagle Outdoor Stainless Steel Appliances including refrigerator, sink, gas grill, power burner, warming drawer with storage, dry storage cabinet, paper towel holder & built-in trash drawer. This outdoor kitchen is a chef's dream! Additional features include Sun Setter Awning, rain gutters & 6x12 Tuff Shed for extra storage. The resurfaced pebble tec Heated Pool & Spa complete with Custom Slide & Waterfall Feature make this an Ideal Outdoor Retreat for relaxation & entertainment! At the heart of this tranquil space stand vibrant grapefruit, lemon, mexican lime & tangelo trees. The 3-car garage offers ample storage & convenience with Built-In Cabinets, Workshop area, Overhead Storage Racks & durable Epoxy Flooring. All of this is complemented by Breathtaking Views of the Estrella & South Mountains & Foothills Preserves, making this home a true gem in a spectacular setting. Additionally, this home is situated in the Highly Accredited Kyrene School District known for its top-rated schools & educational opportunities. The Foothills Community offers a vibrant lifestyle with scenic hiking & biking trails, perfect for outdoor enthusiasts. Conveniently located with easy access to the 202 freeway makes commuting & travel effortless. Bonus...Take advantage of a 4.75% Assumable Loan (with qualification), making this an incredible opportunity for buyers! Safe in closet below the staircase will convey with the sale of the home. ***Pool Table, Shuffle Board, Foosball Table & Air Hockey Table in front room For Sale under Separate Agreement.***

Details

Property type

Single Family Residence

Est. home value

$810,390

Lot size

8,605 sq ft

Price per sq ft

$266

Year built

1994

Annual property taxes

$4,395

HOA fee

$278.3

Price History

03/08/2025
ArizonaRegional

ArizonaRegional #6824877

Price change
$875,000
-2.78%
02/22/2025
ArizonaRegional

ArizonaRegional #6824877

Listed
$899,999
+83.67%
02/13/2014
ArizonaRegional

ArizonaRegional #4996106

Sold
$490,000

Schools & Community

Neighborhood: 

Ahwatukee Foothills

Elementary school: 

Kyrene de la Sierra School

Middle school: 

Kyrene Altadena Middle School

High school: 

Tempe High School

High school district: 

Tempe 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

$237,440
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$567,560
Cash to seller
$237,440

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

Seller’s Loan History

Lender

American Financial Lending Inc

Loan start date

March 2022

Original loan amount

$605,000

Est. remaining balance

$567,560

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Leroy M Schnettler Ii and Susan W Schnettler

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: 04/06/2025 at 11:10 PM

Listing updated: 03/25/2025 at 12:56 PM

Listed by: Josie Echeverria, Echeverria Family Real Estate Phone #: (602) 625-6695

MLS: ArizonaRegional #6824877

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