tomo logo

$699,000

Beds
8
Baths
3.0
sq ft
3,142

1859 East Cornell Drive, Tempe, AZ 85283

1859 East Cornell Drive

Tempe, AZ 85283

  • 8 days on market
Large, unique one story 8 bedroom 3 bath home in the heart of Tempe. Perfect for an Assisted Living Home for 10, a large family or ASU students. Remodeled kitchen and bathrooms. Seller may carry.

Details

Property type

Single Family Residence

Est. home value

$607,222

Lot size

8,032 sq ft

Price per sq ft

$223

Year built

1974

Annual property taxes

$3,414

Price History

11/13/2024
ArizonaRegional

ArizonaRegional #6783275

Listed
$699,000
09/23/2024
ArizonaRegional

ArizonaRegional #6749388

Removed
$699,000
08/28/2024
ArizonaRegional

ArizonaRegional #6749388

Listed
$699,000

Schools & Community

Neighborhood: 

Optimist Park NW

Elementary school: 

Fuller Elementary School

Middle school: 

Connolly Middle School

High school: 

Marcos De Niza 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

$247,326
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$395,754
Cash to seller
$247,326

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2021

Original loan amount

$422,000

Est. remaining balance

$395,754

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Ariel Carlos

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: 11/22/2024 at 8:10 AM

Listing updated: 11/13/2024 at 11:10 AM

Listed by: Ariel A Carlos, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6783275

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