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$460,000

Beds
4
Baths
2.5
sq ft
2,407

1937 West Burgess Lane, Phoenix, AZ 85041

1937 West Burgess Lane

Phoenix, AZ 85041

  • 19 days on market
    • Price drop $10,000↓
!!!ASSUMABLE 2.2% INTEREST RATE!!! This 4-bedroom property is packed with features you're sure to love. Inviting living/dining room with tall vaulted ceilings and the desirable great are filled with lots of natural light, making it the perfect spot for entertaining. Stainless steel appliances, track lighting, mosaic tile backsplash, a pantry, a center island with a breakfast bar, granite counters, ample honey oak cabinets, and a breakfast nook complete this impeccable kitchen. Large main bedroom offers plush carpet, an ensuite with a make-up desk, and a walk-in closet. Upstairs, you'll find a cozy loft ideal for a study or office. Spacious backyard has a covered patio, fire pit, and storage shed. Act now!

Details

Property type

Single Family Residence

Est. home value

$437,275

Lot size

8,840 sq ft

Price per sq ft

$192

Year built

2005

Annual property taxes

$2,181

Monthly HOA fee

$40

Price History

02/27/2025
ArizonaRegional

ArizonaRegional #6815032

Price change
$460,000
-2.13%
02/10/2025
ArizonaRegional

ArizonaRegional #6815032

Listed
$470,000
+121.7%
01/06/2017
ArizonaRegional

ArizonaRegional #5519057

Sold
$212,000

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Ed & Verma Pastor Elementary School

Middle school: 

Ed & Verma Pastor Elementary School

High school: 

Cesar Chavez High School

Community features: 

Sidewalks

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

$181,949
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$241,251
Cash to seller
$181,949

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

Seller’s Loan History

Lender

Leader One Financial Corp

Loan start date

September 2020

Original loan amount

$267,288

Est. remaining balance

$241,251

Interest rate

2.98%

Loan type

VA, 30 year

Seller

Roland J Palumbo and Susie Palumbo

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: 03/01/2025 at 7:15 AM

Listing updated: 02/26/2025 at 5:58 PM

Listed by: Andrew A. Smith, Citiea Phone #: (480) 870-3119

MLS: ArizonaRegional #6815032

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