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$518,070Estimated home value

Beds
3
Baths
1.75
sq ft
1,358

1743 West Verde Lane, Phoenix, AZ 85015

1743 West Verde Lane

Phoenix, AZ 85015

  • Sold On 12/29/2023
    • Price drop $49,000↓
Quintessential North Encanto Historic District... This 1,358sqft home has 3-bedrms, 1.75 bath. Cool character featuring stained concrete floors throughout, recessed lighting, french doors off 2nd bedrm, tankless hot water heater. Copper plumbing. Possible option to expand main home or build separate guest house dwelling with the lot size and the corner orientation. Close proximity to Mid-town/Downtown, local hot spots, Phoenix Collage & Encanto Park & Golf.

Details

Property type

Single Family Residence

Est. home value

$518,070

Property condition

Fixer

Lot size

7,214 sq ft

Price per sq ft

$295

Year built

1947

Annual property taxes

$809

Price History

03/10/2025
ArizonaRegional

ArizonaRegional #6810707

Removed
$624,999
03/07/2025
ArizonaRegional

ArizonaRegional #6810707

Price change
$624,999
-3.85%
02/04/2025
ArizonaRegional

ArizonaRegional #6810707

Price change
$649,999
-0.76%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Encanto School

High school: 

Central High School

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

$91,913
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$276,087
Cash to seller
$91,913

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

Seller’s Loan History

Lender

Define Mortgage Solutions Llc

Loan start date

July 2021

Original loan amount

$300,000

Est. remaining balance

$276,087

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Ilan Luna

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: Off Market

Tomo last checked: 04/03/2025 at 6:25 PM

Listing updated: 10/01/2024 at 9:10 AM

Listed by: Michelle K Grening, NORTH&CO. Phone #: (602) 714-7000

MLS: ArizonaRegional #6627815

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