tomo logo

$450,000

Beds
3
Baths
2.0
sq ft
1,251

2515 East Mcarthur Drive, Tempe, AZ 85288

2515 East Mcarthur Drive

Tempe, AZ 85288

  • 62 days on market
    • Price drop $30,000↓
Check out this 3 bedroom home that sits on a huge double lot. Almost a half acre! 295 feet from the front yard to the back fence. This lot has endless possibilities due to the size and location near ASU and the light rail. This lot is large enough for multiple types of development. Could be rezoned and accommodate multifamily housing. You could add onto the existing home, and still build a casita and pool. Too many options to list here. Come and see the potential that this property can bring!

Details

Property type

Single Family Residence

Est. home value

$378,451

Property condition

Fixer

Lot size

0.47 acres

Price per sq ft

$360

Year built

1974

Annual property taxes

$534

HOA

No

Price History

12/13/2024
ArizonaRegional

ArizonaRegional #6773805

Price change
$450,000
-6.25%
11/01/2024
ArizonaRegional

ArizonaRegional #6773805

Price change
$480,000
-3.81%
10/21/2024
ArizonaRegional

ArizonaRegional #6773805

Listed
$499,000

Schools & Community

Neighborhood: 

Escalante

Elementary school: 

Flora Thew Elementary School

Middle school: 

Connolly Middle School

High school: 

Tempe High School

High school district: 

Tempe Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Good Health Investments Flp

Loan start date

December 2017

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

3.94%

Loan type

Not Provided

Seller

Douglas Earl Robinson

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: 12/22/2024 at 12:45 PM

Listing updated: 12/13/2024 at 9:45 AM

Listed by: Heather L. Jensen, West USA Realty Phone #: (480) 820-3333

MLS: ArizonaRegional #6773805

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