tomo logo

$450,000

Beds
3
Baths
2.5
sq ft
1,380

2402 East 5th Street Unit 1736, Tempe, AZ 85288

2402 East 5th Street Unit 1736

Tempe, AZ 85288

  • 66 days on market
    • Price drop $10,000↓
CHECK OUT THAT PRICE! Explore comfortable living in this beautifully-maintained condo, conveniently located in the heart of Tempe. This home offers 3 bedrooms plus a den and 2.5 bathrooms across two stories, enhanced with recent updates including a new AC system (2021) and Anderson windows (2021) for improved comfort and efficiency. The interior features a blend of wood and tile flooring throughout, creating a welcoming open floor plan. The kitchen is equipped with a functional island and modern stainless steel appliances, perfect for everyday cooking. A versatile den on the main floor provides a great space for a home office, workout room, or flex space. Upstairs, the bedrooms are airy with vaulted ceilings that add a sense of openness. The primary suite includes a large en-suite bathroom with dual sinks and walk-in closet. Just down the hall is the laundry, conveniently located upstairs. The location is ideal, just minutes from ASU, Old Town Scottsdale, various shopping centers, Cubs Training Center, Riverview Park, and numerous dining options. Easy access to Loop 101/202 makes commuting simple. This gated community features great amenities such as ramadas, multiple pools, and a spa. Additionally, this unit comes with a two-car garage with direct home access. Consider making THIS your new home for a balanced and convenient lifestyle in Tempe!

Details

Property type

Townhouse

Est. home value

$440,520

Lot size

1,380 sq ft

Price per sq ft

$327

Year built

2007

Annual property taxes

$2,178

Monthly HOA fee

$229

Price History

06/17/2024
ArizonaRegional

ArizonaRegional #6698156

Price change
$450,000
-2.17%
04/29/2024
ArizonaRegional

ArizonaRegional #6698156

Listed
$460,000
+36.09%
02/16/2021
ArizonaRegional

ArizonaRegional #6177663

Sold
$338,000
+34.66%

Schools & Community

Elementary school: 

Madison Camelview Elementary

Middle school: 

Madison Park School

High school: 

Phoenix Coding Academy

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

$179,727
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$234,273
Cash to seller
$179,727

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2021

Original loan amount

$253,500

Est. remaining balance

$234,273

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Kathryn Haynes and Jason Haynes

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: 07/04/2024 at 12:20 PM

Listing updated: 06/17/2024 at 3:03 PM

Listed by: Jaben Makings, Real Broker Phone #: (480) 442-9868

MLS: ArizonaRegional #6698156

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