tomo logo

$497,000

Beds
4
Baths
2.0
sq ft
1,642

2164 South Edgewater Circle, Mesa, AZ 85209

2164 South Edgewater Circle

Mesa, AZ 85209

  • 51 days on market
Attention investors! This beautiful single level family home has been occupied by the same tenants since 2021. Situated on a large corner lot, just minutes away from grocery, shopping, great schools, and freeway 60, this home has been recently updated with new AC, new water heater, new ceiling fans, new quartz countertops, and new lights! Updated kitchen has solid wood custom cabinets, stainless appliances, and gas stove. Home has 2 bright and spacious living areas with vaulted ceilings. Master suite has zero-edge roll-in shower and new double sinks. Tenants pay for all utilities and yard care (except palm trees trimming). Rent is $2600/mth and current lease expires July 31 2025. Tenants wish to renew lease if buyers are investors. Don't miss this great opportunity.

Details

Property type

Single Family Residence

Est. home value

$451,355

Lot size

7,100 sq ft

Price per sq ft

$303

Year built

1995

Annual property taxes

$1,671

Monthly HOA fee

$49

Price History

12/10/2024
ArizonaRegional

ArizonaRegional #6781009

Removed
$497,000
11/28/2024
ArizonaRegional

ArizonaRegional #6781009

Listed
$497,000
11/28/2024
ArizonaRegional

ArizonaRegional #6781009

Price change
$497,000
+6.88%

Schools & Community

Neighborhood: 

Superstition Springs

Elementary school: 

Superstition Springs Elementary

Middle school: 

Highland Jr High School

High school: 

Highland High School

High school district: 

Gilbert Unified 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

$188,991
Asking price
$497,000
Closing costs (~8% of asking)
-$39,760
Est. remaining loan balance
-$268,249
Cash to seller
$188,991

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

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

June 2021

Original loan amount

$290,500

Est. remaining balance

$268,249

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Icg Llc

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: 12/29/2024 at 3:35 AM

Listing updated: 12/10/2024 at 10:04 AM

Listed by: Maggie Wu, Realty ONE Group Phone #: (480) 315-1240

MLS: ArizonaRegional #6781009

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