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$619,000

Beds
3
Baths
2.0
sq ft
2,388

2401 West Cheery Lynn Road, Phoenix, AZ 85015

2401 West Cheery Lynn Road

Phoenix, AZ 85015

  • 77 days on market
    • Price drop $10,000↓
Welcome to a diamond in Central Phoenix. Rare, expansive square footage in this area of Phoenix at 2388 sf, in this classic 3 bd 2 ba beauty. New AC Unit, hot water heater and kitchen appliances and tastefully updated throughout the home. Let your imagination run wild with this oversized over 13,000 sf corner lot that has been enclosed with privacy Ficus trees to start the creation of your backyard oasis. Close to great midtown dining and shopping and freeway accessibility. You won't want to miss this one of a kind property.

Details

Property type

Single Family Residence

Est. home value

$528,007

Lot size

0.32 acres

Price per sq ft

$260

Year built

1960

Annual property taxes

$1,551

Price History

10/19/2024
ArizonaRegional

ArizonaRegional #6750173

Price change
$619,000
-1.59%
08/29/2024
ArizonaRegional

ArizonaRegional #6750173

Listed
$629,000
+21.55%
03/30/2022
ArizonaRegional

ArizonaRegional #6316155

Sold
$517,500

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Maie Bartlett Heard School

Middle school: 

Maie Bartlett Heard School

High school: 

Metro Tech High School

High school district: 

Phoenix 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

$102,156
Asking price
$619,000
Closing costs (~8% of asking)
-$49,520
Est. remaining loan balance
-$467,324
Cash to seller
$102,156

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

March 2022

Original loan amount

$491,625

Est. remaining balance

$467,324

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Max R Cayard

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: 11/14/2024 at 3:35 PM

Listing updated: 10/19/2024 at 9:50 AM

Listed by: Hope Harris, Locality Real Estate Phone #: (602) 758-6007

MLS: ArizonaRegional #6750173

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