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$1,190,000

Beds
4
Baths
3.5
sq ft
3,532

26918 North 7th Lane, Phoenix, AZ 85085

26918 North 7th Lane

Phoenix, AZ 85085

  • 61 days on market
    • Price drop $60,000↓
This LUXURY 4 bed, 3.5 bath property located in the gated community of The Reserve with more than 1/3 of an acre, this stunning home boasts beautifully landscaped backyard, 3 car tandem garage, RV gate, formal living and dining room, tile flooring, plantation shutters, luxurious light fixtures, and sound system. The open-concept chef's kitchen features stainless steel appliances, granite countertops, a massive walk-in pantry, and a generous center island with a breakfast bar. The main bedroom suite offers a luxurious ensuite with a garden tub, standing shower, granite dual sinks, and a walk-in closet. The enchanting backyard is perfect for gatherings, Weber Grill with gas stub, synthetic grass, a covered patio, pavers, a firepit, and a pool/spa. Solar included. The property comes with installed solar panels, which are included with the sale. Enjoy a minimal monthly APS bill! Don't miss your chance to own this exceptional home - come see it today! Located near a variety of natural trails in the Sonoran Preserve, this gated community offers a serene and private setting with a vibrant and active neighborhood. Fireside amenities include community center with gym, pools, tennis courts, parks, rock climbing wall and more! Residents enjoy seasonal gatherings, such as the popular Halloween event, which is a highlight of the community's social calendar.

Details

Property type

Single Family Residence

Est. home value

$1,076,813

Lot size

0.35 acres

Price per sq ft

$337

Year built

2013

Annual property taxes

$4,274

Monthly HOA fee

$247.75

Price History

11/04/2024
ArizonaRegional

ArizonaRegional #6754363

Listed
$1,190,000
10/28/2024
ArizonaRegional

ArizonaRegional #6754363

Pending
$1,190,000
10/03/2024
ArizonaRegional

ArizonaRegional #6754363

Price change
$1,190,000
-4.8%

Schools & Community

Neighborhood: 

North Gateway

Elementary school: 

Union Park School

Middle school: 

Union Park School

High school: 

Barry Goldwater High School

Community features: 

Gated, Tennis Court(s), Playground, Clubhouse, Fitness Center

High school district: 

Deer Valley Unified 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

Digital Fcu

Loan start date

March 2018

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

4.22%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 40 year

Seller

Asha Kanneganti and Babu Kuppala

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: 11/08/2024 at 7:50 AM

Listing updated: 11/04/2024 at 11:20 AM

Listed by: Lavanya Vallabhaneni, West USA Realty Phone #: (602) 942-4200

MLS: ArizonaRegional #6754363

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