tomo logo

$395,000

Beds
2
Baths
2.5
sq ft
1,100

2401 East Rio Salado Parkway Unit 1061, Tempe, AZ 85288

2401 East Rio Salado Parkway Unit 1061

Tempe, AZ 85288

  • 5 days on market
**Prime Location!** This charming townhouse is perfectly situated near Tempe Marketplace, with easy freeway access. Baseball fans will love the convenience of walking to the Cubs Stadium! This two-bedroom, two-and-a-half-bath home features dual primary suites, each with its own ensuite bathroom. Enjoy your morning coffee on the private balcony or unwind by the community pool. The home boasts neutral colors and has been meticulously maintained by the owners. The AC/Heater was replaced in 2022. Additionally, it has proven to be a successful Airbnb over the past few years. Don't miss out on this fantastic opportunity!

Details

Property type

Townhouse

Est. home value

$374,717

Lot size

684 sq ft

Price per sq ft

$360

Year built

2007

Annual property taxes

$2,093

Monthly HOA fee

$229

Price History

06/23/2024
ArizonaRegional

ArizonaRegional #6722735

Listed
$395,000
+16.18%
10/15/2021
ArizonaRegional

ArizonaRegional #6285325

Sold
$340,000

Schools & Community

Elementary school: 

Cecil Shamley School

Middle school: 

Connolly Middle School

High school: 

McClintock High School

Community features: 

Gated

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

$107,252
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$256,148
Cash to seller
$107,252

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

October 2021

Original loan amount

$272,000

Est. remaining balance

$256,148

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Roman Fitch and Frank A Tapia

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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2401 East Rio Salado Parkway Unit 1109, Tempe, AZ 85288

Status: Active

Tomo last checked: 06/28/2024 at 4:45 PM

Listing updated: 06/24/2024 at 4:20 PM

Listed by: James Jones, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6722735

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