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$390,000

Beds
2
Baths
2.5
sq ft
1,100

2402 East 5th Street Unit 1532, Tempe, AZ 85288

2402 East 5th Street Unit 1532

Tempe, AZ 85288

  • 5 days on market
Welcome to 2402 E. 5th St #1532! This charming, move-in-ready home boasts brand-new paint and carpet, updated in 2025, providing a fresh and modern ambiance throughout. Enjoy a spacious and well-lit interior, perfect for relaxing or entertaining. Located in a highly sought-after area, this home offers easy access to local amenities, including shopping, dining, parks, and public transit, making it a convenient and vibrant place to live. Don't miss the opportunity to own this beautifully refreshed home in an unbeatable location!

Details

Property type

Apartment

Est. home value

$389,757

Lot size

687 sq ft

Price per sq ft

$355

Year built

2007

Annual property taxes

$1,831

Monthly HOA fee

$251

Price History

03/28/2025
ArizonaRegional

ArizonaRegional #6842427

Listed
$390,000
+51.16%
12/27/2019
ARMLS

ARMLS #5996073

Sold
$258,000

Schools & Community

Elementary school: 

Cecil Shamley School

Middle school: 

Cecil Shamley School

High school: 

McClintock High School

Community features: 

Gated, Pool

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

$101,786
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$257,014
Cash to seller
$101,786

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

October 2021

Original loan amount

$278,000

Est. remaining balance

$257,014

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Mark Mahill

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 8:55 AM

Listing updated: 03/30/2025 at 8:51 AM

Listed by: Tre Smith, Keller Williams Integrity First Phone #: (480) 854-2400

MLS: ArizonaRegional #6842427

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