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$495,000

Beds
4
Baths
2.0
sq ft
1,573

2248 West Mandalay Lane, Phoenix, AZ 85023

2248 West Mandalay Lane

Phoenix, AZ 85023

  • 20 days on market
Newly renovated property with Assumable loan! Nestled on a highly desirable corner lot, this fabulous gem exudes comfort and convenience. Find a tastefully upgraded interior featuring tall vaulted ceilings, fresh paint, wood-look flooring, and a brick fireplace in the spacious living room. Discover a formal dining room and a sizable family room offering French doors leading to the back patio. The upscale kitchen boasts recessed lighting, tile backsplash, plenty of cabinetry, glossy stainless steel appliances, granite counters, and a breakfast bar. Retreat to the carpeted main bedroom, which provides a pristine ensuite with a floor-to-ceiling tiled shower. Weekends will never be boring in this delightful backyard, complete with a covered patio, pavers, storage shed, and a refreshing pool.

Details

Property type

Single Family Residence

Est. home value

$430,141

Lot size

8,543 sq ft

Price per sq ft

$315

Year built

1979

Annual property taxes

$1,653

HOA

No

Price History

03/14/2025
ArizonaRegional

ArizonaRegional #6834741

Listed
$495,000
+120%
11/18/2016
ArizonaRegional

ArizonaRegional #5496103

Sold
$225,000

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

John Jacobs Elementary School

Middle school: 

John Jacobs Elementary School

High school: 

Thunderbird High School

High school district: 

Glendale Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Discover Bank

Loan start date

August 2023

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Stand Alone Second, 30 year

Seller

Michael Ray Hough

Lender

Lendage Llc

Loan start date

September 2022

Original loan amount

$25,600

Est. remaining balance

Not provided

Interest rate

4.29%

Loan type

Credit Line (Revolving), 10 year

Seller

Michael Ray Hough

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$297,332

Est. remaining balance

$274,129

Interest rate

2.98%

Loan type

VA, 30 year

Seller

Michael Ray Hough

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?

Status: Active

Tomo last checked: 04/03/2025 at 1:25 AM

Listing updated: 04/01/2025 at 12:52 PM

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

MLS: ArizonaRegional #6834741

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