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$720,000

Beds
5
Baths
3.0
sq ft
2,126

2918 East Laurel Lane, Phoenix, AZ 85028

2918 East Laurel Lane

Phoenix, AZ 85028

  • <1 day on market
CHARMING ranch home on huge lot with no HOA * 5 bedrooms, 3 full bathrooms, living room with gas fireplace * Wood like tile throughout *Lots of natural light * Updated kitchen with newer stainless steel appliances, quartz counters, soft close cabinets, pantry * Formal dining * Huge backyard with pool, grass, pavers, extended patio, 2 sheds, tree house, and mature fruit trees * 2 car extended garage Updates include: water softener (2020), new electrical panel (2019), new dual pane windows (2021), new HVAC (2020), pool pump (2019), sewer replacement (2023)

Details

Property type

Single Family Residence

Est. home value

$675,405

Lot size

0.3 acres

Price per sq ft

$339

Year built

1971

Annual property taxes

$1,868

HOA

No

Price History

02/05/2025
ArizonaRegional

ArizonaRegional #6815878

Listed
$720,000
+118.84%
05/28/2015
ArizonaRegional

ArizonaRegional #5260826

Sold
$329,000

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

Desert Cove Elementary School

Middle school: 

Shea Middle School

High school: 

Shadow Mountain High School

High school district: 

Paradise 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

$342,722
Asking price
$720,000
Closing costs (~8% of asking)
-$57,600
Est. remaining loan balance
-$319,678
Cash to seller
$342,722

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2021

Original loan amount

$369,500

Est. remaining balance

$319,678

Interest rate

2.99%

Loan type

New Conventional, 20 year

Seller

Thomas Neil Mclemore and Thomas Mclemore

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?

Status: Active

Tomo last checked: 02/05/2025 at 3:50 PM

Listing updated: 02/05/2025 at 1:45 PM

Listed by: Rachael Freireich, DeLex Realty Phone #: (623) 680-7883

MLS: ArizonaRegional #6815878

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