tomo logo

$799,900

Beds
4
Baths
2.5
sq ft
3,027

1962 East Drake Drive, Tempe, AZ 85283

1962 East Drake Drive

Tempe, AZ 85283

  • 37 days on market
    • Price drop $20,100↓
    • Open house Nov 24
This light, bright and spacious Fulton home has it all! Home is great for entertaining and within the Kyrene Schools District! The open floor plan includes formal living & dining room, family room, loft, 3 car garage AND sparkling pool. The kitchen has a large island with breakfast bar, 42 inch cabinets, granite countertops, breakfast area, pantry and stainless steel appliances. The family room with wood-burning fireplace is wired for surround sound. The primary bedroom is downstairs and has a en suite bathroom with dual vanities, granite countertops, separate shower & soaking tub and large walk-in closet. More great interior features include downstairs half bath/powder room and laundry room with front loading washer and dryer included. The upstairs has 3 bedrooms, full bathroom with dual sink vanity, built-in cabinetry in hallway and large loft. The updated backyard has diving pool with diving board, travertine patio, artificial turf, ambient overhead lighting, grill, dog run with access from inside the home, expansive patio with ceiling fan and speakers. Home is nestled on a north/south exposure lot near Western Canal access path. The three car garage has built-in cabinets and EV charger outlet. New roof underlayment and patio roof area installed in 2016. Within the desirable pedestrian & bike friendly community of The Oasis at Anozira, this neighborhood has a 6.5 acre catch & release lake with various fish species, 0.88 of a mile walking path on the perimeter, bicycle path and beautifully maintained, lush landscaping. Home is a short distance to ASU Research Park, grocery stores, restaurants, movie theatre, Western Canal path and Tempe Kiwanis Park. Just minutes from Chandler Fashion Mall, Intel-Campuses, major dining, East Valley freeways (Loops 101 & 202, US60, I10), approximately 20 minute commute to Sky Harbor Airport and so much more! You're not just buying a home, you're buying a lifestyle!!!

Details

Property type

Single Family Residence

Est. home value

$767,697

Lot size

7,593 sq ft

Price per sq ft

$265

Year built

1995

Annual property taxes

$3,765

Monthly HOA fee

$85

Price History

11/18/2024
ArizonaRegional

ArizonaRegional #6771441

Price change
$799,900
-2.45%
10/16/2024
ArizonaRegional

ArizonaRegional #6771441

Listed
$820,000
-0.61%
10/10/2024
ArizonaRegional

ArizonaRegional #6758388

Removed
$825,000

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

$381,558
Asking price
$799,900
Closing costs (~8% of asking)
-$63,992
Est. remaining loan balance
-$354,350
Cash to seller
$381,558

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

$354,350

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: 11/22/2024 at 8:25 AM

Listing updated: 11/18/2024 at 7:05 PM

Listed by: Pamm Seago-Peterlin, Century 21 Seago Phone #: (480) 756-2121

MLS: ArizonaRegional #6771441

ArizonaRegional logo

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