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$625,000

Beds
2
Baths
2.5
sq ft
2,100

2225 South Olivewood, Mesa, AZ 85209

2225 South Olivewood

Mesa, AZ 85209

  • 15 days on market
    • Price drop $3,000↓
Two bedroom home with 2 ½ bath, office, pantry/laundry room, and extra deep 2-car garage that can accommodate a golf cart. The house faces west for afternoon shade in the fenced back yard with a view of the 7th tee box and golf course landscaping. Rolling security shutters on all large exterior windows/covered patio area. Enjoy the new spacious 500 sf pergola along the back of the house (45 ft by 11 ft) extending the existing 170 sf of covered patio. Included is the washer, dryer, and upright freezer, and nearly 50 linear feet of new shelving in the pantry/laundry area. The microwave and all kitchen and bathroom faucets are new. This is a 55 and over community

Details

Property type

Single Family Residence

Est. home value

$611,979

Lot size

6,749 sq ft

Price per sq ft

$298

Year built

2000

Annual property taxes

$2,789

Monthly HOA fee

$73.75

Price History

06/27/2024
ArizonaRegional

ArizonaRegional #6720074

Price change
$625,000
-0.48%
06/16/2024
ArizonaRegional

ArizonaRegional #6720074

Listed
$628,000
+39.56%
10/22/2018
ArizonaRegional

ArizonaRegional #5822110

Sold
$450,000
+30.43%

Schools & Community

Neighborhood: 

Sunland Springs Village

Elementary school: 

Augusta Ranch Elementary

Middle school: 

Desert Ridge Jr. High

High school: 

Desert Ridge High

Community features: 

Golf, Tennis Court(s), Clubhouse

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

$305,349
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$269,651
Cash to seller
$305,349

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2018

Original loan amount

$300,000

Est. remaining balance

$269,651

Interest rate

4.54%

Loan type

New Conventional, 30 year

Seller

Lewis C Lenz and Cora M Lenz

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: 07/02/2024 at 9:35 AM

Listing updated: 06/27/2024 at 3:13 PM

Listed by: Susan L Spillers, List With Freedom, Inc. Phone #: (855) 456-4945

MLS: ArizonaRegional #6720074

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