tomo logo

$330,000

Beds
3
Baths
2.0
sq ft
1,180

2868 West Orchid Lane, Phoenix, AZ 85051

2868 West Orchid Lane

Phoenix, AZ 85051

  • 138 days on market
    • Price drop $10,000↓
THE LOAN ON THIS HOUSE IS ASSUMABLE TO RATE IS 3.375 % , 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

$280

Year built

1954

Annual property taxes

$567

Price History

09/19/2024
ArizonaRegional

ArizonaRegional #6720737

Price change
$330,000
-2.94%
09/06/2024
ArizonaRegional

ArizonaRegional #6720737

Price change
$340,000
-2.86%
06/24/2024
ArizonaRegional

ArizonaRegional #6720737

Listed
$350,000
+6.06%

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

-$4,132
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$307,732
Cash to seller
-$4,132

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

$307,732

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
$345,000
3 bd
|
2 ba
|
1,404 sq ft
|
House

2736 West Lawrence Road, Phoenix, AZ 85017

Price drop
ArizonaRegional
$345,000
3 bd
|
2 ba
|
1,176 sq ft
|
House

2931 West Townley Avenue, Phoenix, AZ 85051

Price drop
ArizonaRegional
$324,900
3 bd
|
2 ba
|
1,240 sq ft
|
House

3539 West El Caminito Drive, Phoenix, AZ 85051

Status: Active

Tomo last checked: 11/08/2024 at 7:35 PM

Listing updated: 10/24/2024 at 10:10 AM

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

MLS: ArizonaRegional #6720737

ArizonaRegional logo

Recently listed in Phoenix