tomo logo

$305,000

Beds
2
Baths
2.0
sq ft
934

1905 East University Drive Unit 106, Tempe, AZ 85288

1905 East University Drive Unit 106

Tempe, AZ 85288

  • 101 days on market
    • Price drop $9,000↓
One of Tempe's favorite communities: Bike to ASU, close to the freeways, Tempe Town Lake, Downtown mill, Tempe Marketplace and more. What a fantastic place to call home! 2- Bedroom 2-bathroom condo located just a few doors down from the pool. Light and bright kitchen, separate dining and living room. Spacious outdoor patio with storage, Inside laundry with washer and dryer included. Ground floor unit close to the front of the compex. The master bedroom has a large tub and shower. The HOA includes water, sewer & garbage, and RV parking available. Whatever you are looking for, this property checks all the boxes. Take a look, you will not be disappointed. The monthly payment could be less than what you may spend on an apartment in the area and you would own with possible tax breaks.

Details

Property type

Townhouse

Est. home value

$297,740

Lot size

1,263 sq ft

Price per sq ft

$327

Year built

1984

Annual property taxes

$981

Monthly HOA fee

$275

Price History

06/27/2024
ArizonaRegional

ArizonaRegional #6682398

Listed
$305,000
06/13/2024
ArizonaRegional

ArizonaRegional #6682398

Pending
$305,000
05/22/2024
ArizonaRegional

ArizonaRegional #6682398

Price change
$305,000
-2.87%

Schools & Community

Neighborhood: 

Alegre Community

Elementary school: 

Flora Thew Elementary School

Middle school: 

Connolly Middle School

High school: 

McClintock 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

$126,565
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$154,035
Cash to seller
$126,565

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

Seller’s Loan History

Lender

Sun American Mortgage Co

Loan start date

March 2021

Original loan amount

$166,200

Est. remaining balance

$154,035

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Mikaila A Schmidt

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: 07/04/2024 at 8:10 PM

Listing updated: 06/27/2024 at 1:03 PM

Listed by: Paul Schmidt, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6682398

ArizonaRegional logo

Recently listed in Tempe