tomo logo

$805,000

Beds
5
Baths
3.0
sq ft
3,517

2977 East Teakwood Place, Chandler, AZ 85249

2977 East Teakwood Place

Chandler, AZ 85249

  • 1 day on market
    • Open house Jan 11
Welcome home to this spacious 5BR/loft residence in the peaceful Riggs Ranch Meadows neighborhood. Highlights include a gorgeous backyard, with pool, outdoor kitchen, grassy areas, RV gate and storage shed. The large kitchen and extra large pantry/laundry are a definite plus - there is so much room for storage! Downstairs is a guest bedroom or office. Upstairs you will find a huge loft and generously sized bedrooms. Solar panels make for lower energy bills! This special home is situated on a corner lot, within walking distance to the park and located near many top schools, stores, restaurants... You will love living here!

Details

Property type

Single Family Residence

Est. home value

$739,525

Lot size

8,240 sq ft

Price per sq ft

$229

Year built

2002

Annual property taxes

$2,954

Monthly HOA fee

$90.2

Price History

01/08/2025
ArizonaRegional

ArizonaRegional #6800381

Listed
$805,000
+13.38%
12/03/2021
ArizonaRegional

ArizonaRegional #6311159

Sold
$710,000
+25.66%
03/29/2021
ArizonaRegional

ArizonaRegional #6189870

Sold
$565,000

Schools & Community

Neighborhood: 

Riggs Ranch Meadows

Elementary school: 

Jane D. Hull Elementary

Middle school: 

Santan Junior High School

High school: 

Basha High School

Community features: 

Playground, Sidewalks

High school district: 

Chandler Unified District #80

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

$283,882
Asking price
$805,000
Closing costs (~8% of asking)
-$64,400
Est. remaining loan balance
-$456,718
Cash to seller
$283,882

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

November 2021

Original loan amount

$548,250

Est. remaining balance

$456,718

Interest rate

2.15%

Loan type

New Conventional, 16 year

Seller

Vidhyashankaran Iyer and Latha Iyer

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: 01/08/2025 at 11:55 PM

Listing updated: 01/08/2025 at 1:20 AM

Listed by: Kimberly Cooper, Arizona Best Real Estate Phone #: (480) 948-4711

MLS: ArizonaRegional #6800381

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