tomo logo

$825,000

Beds
4
Baths
3.0
sq ft
3,027

1962 East Drake Drive, Tempe, AZ 85283

1962 East Drake Drive

Tempe, AZ 85283

  • 5 days on market
**&#127969; ATTENTION Tempe Enthusiasts - Your Dream Home is Almost Here! &#127969;** Nestled in the stunning *Oasis Lake Community*, this is the Fulton Homes floor plan you've been dreaming of! In the heart of the top-ranking *Kyrene School District*, this home is perfect for families who want the best in both style and location. Let's start with the crown jewel—a **Downstairs Master Suite** that's fit for royalty. Seriously, the bathroom is remodeled for Princess Kate herself, and the closet? It's grande enough to fit your entire Louboutin collection, honey! &#128096;&#10024; But don't worry, the kids won't mess up your space—they've got their very own party loft upstairs, just outside the 3 additional bedrooms and bath. You can keep an eye on the fun from your *designer kitchen a large breakfast island, pearly white 42-inch cabinets, stainless steel appliances, and gorgeous granite countertops. I mean, at this price, what else would you expect?! Now, let's talk about the real star of the showthe **resort-style backyard**. Recently redesigned with sleek travertine tile, mature trees, beautiful vines, a built-in BBQ, and stunning overhead lighting, it's your personal paradise. And we haven't forgotten about your furry friendsthey've got their own private gated side yard complete with a pet entrance. Because even your pets deserve a little luxury! This home is truly one-of-a-kind and offers everything your family could want, all with that signature Fulton Homes layout you know and love. But here's the thinghomes like this don't stay on the market long. It's hitting the market very soon, and public tours will begin shortly. If you're a serious buyer, have your agent reach out *ASAP* to see if we have any private pre-launch tours available. And just so you know, I hope something wonderful happens to you today! < **Get readythis dream home won't last long!**

Details

Property type

Single Family Residence

Est. home value

$767,697

Lot size

7,593 sq ft

Price per sq ft

$273

Year built

1995

Annual property taxes

$4,888

Monthly HOA fee

$70

Price History

09/23/2024
ArizonaRegional

ArizonaRegional #6758388

Price change
$825,000
+3.13%
09/23/2024
ArizonaRegional

ArizonaRegional #6758388

Listed
$800,000
+88.24%
09/29/2016
ArizonaRegional

ArizonaRegional #5450795

Sold
$425,000

Schools & Community

Elementary school: 

Kyrene del Norte School

Middle school: 

Kyrene Middle School

High school: 

Marcos De Niza High School

Community features: 

Playground

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

$403,161
Asking price
$825,000
Closing costs (~8% of asking)
-$66,000
Est. remaining loan balance
-$355,839
Cash to seller
$403,161

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2020

Original loan amount

$390,000

Est. remaining balance

$355,839

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Michael T Vincent and Tracy M Vincent

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: 09/28/2024 at 2:35 PM

Listing updated: 09/27/2024 at 8:10 AM

Listed by: Adam Dahlberg, Citiea Phone #: (480) 870-3110

MLS: ArizonaRegional #6758388

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