tomo logo

$525,000

Beds
3
Baths
2.0
sq ft
1,628

3031 West Cottonwood Lane, Phoenix, AZ 85045

3031 West Cottonwood Lane

Phoenix, AZ 85045

  • 7 days on market
Welcome to this beautifully loved and maintained, 3-bedroom, 2-bathroom home, featuring an open-concept layout and stylish finishes throughout. The modern kitchen boasts stainless steel appliances—including a wine fridge—perfect for entertaining. Relax in the spacious living area or retreat to the serene primary suite with an en-suite bath with separate shower and tub, dual sinks and private toilet. Step outside to your low maintenance, private backyard oasis, complete with a sparkling pool, covered patio and turf. A two-car garage provides ample storage and convenience. HVAC was replaced in 2024 - Windows replaced with Pella Windows - Water heater replaced in 2022 . Don't miss this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$514,621

Lot size

5,389 sq ft

Price per sq ft

$323

Year built

2004

Annual property taxes

$2,043

Monthly HOA fee

$38

Price History

02/15/2025
ArizonaRegional

ArizonaRegional #6821334

Listed
$525,000
+94.44%
05/18/2015
ArizonaRegional

ArizonaRegional #5213440

Sold
$270,000

Schools & Community

Neighborhood: 

Ahwatukee Foothills

Elementary school: 

Kyrene de la Sierra School

Middle school: 

Kyrene Akimel A-Al Middle School

High school: 

Desert Vista High School

Community features: 

Playground, Sidewalks

High school district: 

Tempe 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

$262,367
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$220,633
Cash to seller
$262,367

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

January 2020

Original loan amount

$245,809

Est. remaining balance

$220,633

Interest rate

3.66%

Loan type

FHA, 30 year

Seller

Vanessa Mccarthy

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: 02/22/2025 at 7:30 PM

Listing updated: 02/16/2025 at 2:16 AM

Listed by: Laila McLain, W and Partners, LLC Phone #: (602) 828-5767

MLS: ArizonaRegional #6821334

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