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$631,000

Beds
3
Baths
2.0
sq ft
2,276

2514 West Balao Drive, Phoenix, AZ 85085

2514 West Balao Drive

Phoenix, AZ 85085

  • 32 days on market
    • Price drop $1,000↓
Seller is offering $20,000 towards buyer's closing cost and/or as interest rate buy down with a full price offer. I know you've heard it before: Location, Location, Location! This 3 bed, 2 bath single-level home in the sought-after Sonoran Commons community features an open-concept kitchen, dining, and great room. Enjoy spacious bedrooms, a 3-car tandem garage, a covered front courtyard, and a secluded backyard that backs onto a wash. Unwind on the covered backyard patio. Just minutes from TSMC and Norterra's dining, shopping, and entertainment. Plus, the highly anticipated Backlot is opening this year! Do you love to be outdoors? Sonoran Preserve-Desert Vista Trailhead is close by ... Don't miss your chance to call this awesome property your own! Come and view it today!

Details

Property type

Single Family Residence

Est. home value

$635,296

Lot size

7,200 sq ft

Price per sq ft

$278

Year built

2014

Annual property taxes

$2,541

Monthly HOA fee

$85

Price History

06/19/2024
ArizonaRegional

ArizonaRegional #6710614

Price change
$631,000
-0.16%
05/31/2024
ArizonaRegional

ArizonaRegional #6710614

Listed
$632,000
-0.94%
05/24/2024
ArizonaRegional

ArizonaRegional #6637244

Removed
$638,000

Schools & Community

Neighborhood: 

North Gateway

Elementary school: 

Sonoran Foothills

Middle school: 

Sonoran Foothills

High school: 

Barry Goldwater High School

Community features: 

Playground

High school district: 

Deer Valley Unified 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

$293,095
Asking price
$631,000
Closing costs (~8% of asking)
-$50,480
Est. remaining loan balance
-$287,425
Cash to seller
$293,095

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

Seller’s Loan History

Lender

Lakeview Loan Servicing Llc

Loan start date

October 2020

Original loan amount

$312,695

Est. remaining balance

$287,425

Interest rate

2.91%

Loan type

VA, 30 year

Seller

William R Lee and Farzideh A Lee

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: 07/02/2024 at 4:20 PM

Listing updated: 07/01/2024 at 12:05 AM

Listed by: Marie Rose M De Asis, Berkshire Hathaway HomeServices Arizona Properties Phone #: (602) 288-4400

MLS: ArizonaRegional #6710614

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