tomo logo

$350,000

Beds
3
Baths
2.0
sq ft
1,180

2868 West Orchid Lane, Phoenix, AZ 85051

2868 West Orchid Lane

Phoenix, AZ 85051

  • 7 days on market
Recently updated inside and outside, great location, close to Metrocenter Mall & I-17. Great room concept, 3 bedroom 1.75 bath featuring completely updated kitchen, new appliance, inside laundry, tile in all the right places. Step out back to the oversized patio that can double as extra parking. It's a great house and easy to show. No HOA. 2-YEAR-OLD ROOF , NEWER ( LESS THEN 2 YEARS OLD) WINDOWS.

Details

Property type

Single Family Residence

Est. home value

$319,825

Lot size

6,299 sq ft

Price per sq ft

$297

Year built

1954

Annual property taxes

$567

Price History

06/24/2024
ArizonaRegional

ArizonaRegional #6720737

Listed
$350,000
+6.06%
03/04/2022
ArizonaRegional

ArizonaRegional #6324659

Sold
$330,000
+65%
07/16/2019
ArizonaRegional

ArizonaRegional #5936712

Sold
$200,000

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Washington Elementary School - Phoenix

Middle school: 

Palo Verde Middle School

High school: 

Cortez High School

High school district: 

Glendale 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

$11,464
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$310,536
Cash to seller
$11,464

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

March 2022

Original loan amount

$325,000

Est. remaining balance

$310,536

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Alec P Kenny and Jordan Kenny

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?

Similar Homes Nearby

ArizonaRegional
$350,000
3 bd
|
2 ba
|
1,176 sq ft
|
House

8607 North 31st Avenue, Phoenix, AZ 85051

New
ArizonaRegional
$360,000
3 bd
|
2 ba
|
1,186 sq ft
|
House

4017 West Townley Avenue, Phoenix, AZ 85051

ArizonaRegional
$359,000
3 bd
|
2 ba
|
1,100 sq ft
|
House

3607 West Alice Avenue, Phoenix, AZ 85051

Status: Active

Tomo last checked: 07/01/2024 at 1:05 AM

Listing updated: 06/24/2024 at 12:23 AM

Listed by: Jacqueline L Henry, RE/MAX Desert Showcase Phone #: (623) 979-8888

MLS: ArizonaRegional #6720737

ArizonaRegional logo