tomo logo

$422,500

Beds
3
Baths
2.5
sq ft
1,411

2402 East 5th Street Unit 1650, Tempe, AZ 85288

2402 East 5th Street Unit 1650

Tempe, AZ 85288

  • 34 days on market
    • Price drop $7,499↓
This highly sought-after Villagio townhome is perfectly situated in a gated community with prime location just 2 miles from ASU, a short walk to Chicago Cubs spring training, and within ½ mile of both the 101 and 202 Freeways. Ideal unit for first time home buyer, families, 2nd home buyers, and long/short term investors! The 3-bedroom, 2.5-bath unit offers over 1400 sq ft, recent updates including new stainless steel appliances, and is move-in ready. The attached 2-car garage, with plenty of storage, conveniently connects to the kitchen on the ground level. The beautiful community boasts resort-style pools, lush green belts, and pet-friendly policies.

Details

Property type

Townhouse

Est. home value

$438,817

Lot size

1,396 sq ft

Price per sq ft

$300

Year built

2007

Annual property taxes

$2,205

Monthly HOA fee

$229

Price History

09/13/2024
ArizonaRegional

ArizonaRegional #6744875

Price change
$422,500
-1.74%
09/03/2024
ArizonaRegional

ArizonaRegional #6744875

Price change
$429,999
-1.13%
08/24/2024
ArizonaRegional

ArizonaRegional #6744875

Price change
$434,900
-0.02%

Schools & Community

Elementary school: 

Cecil Shamley School

Middle school: 

Cecil Shamley School

High school: 

McClintock High School

Community features: 

Gated, Clubhouse

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

$38,552
Asking price
$422,500
Closing costs (~8% of asking)
-$33,800
Est. remaining loan balance
-$350,148
Cash to seller
$38,552

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

June 2022

Original loan amount

$361,500

Est. remaining balance

$350,148

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Scott A Neumann and Viki K Neumann

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: 09/19/2024 at 9:10 PM

Listing updated: 09/13/2024 at 2:49 PM

Listed by: Teddy Shonka, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6744875

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