tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,501

318 East Patrician Drive, Tempe, AZ 85282

318 East Patrician Drive

Tempe, AZ 85282

  • 3 days on market
This hacienda-style casita presents a rare opportunity for both comfort and value, featuring 3 bedrooms, 2 baths and private laundry. Perfectly located with thoughtful updates, including new underground plumbing. Its beach-inspired aesthetic of neutral tones provide a peaceful setting. Gather around the wood-burning fireplace while hosting friends or quiet evenings with a glass of wine. Enjoying privacy and security, quietly tucked away from the hustle and bustle of an active lifestyle. Its proximity to ASU offers the perfect balance of convenience and stable future demand. With low HOA and taxes, it stands out as both an ideal home and investment. The property's outdoor spaces are a highlight, boasting a substantial courtyard, anchoring this closely-knit community we know you'll love!

Details

Property type

Townhouse

Est. home value

$380,822

Lot size

170 sq ft

Price per sq ft

$284

Year built

1972

Annual property taxes

$1,276

Monthly HOA fee

$275

Price History

06/28/2024
ArizonaRegional

ArizonaRegional #6700244

Removed
$435,000
+2.35%
06/28/2024
ArizonaRegional

ArizonaRegional #6724801

Listed
$425,000
-2.3%
05/03/2024
ArizonaRegional

ArizonaRegional #6700244

Listed
$435,000
-3.33%

Schools & Community

Neighborhood: 

Brentwood-Cavalier

Elementary school: 

Broadmor Elementary School

Middle school: 

Connolly Middle School

High school: 

Tempe High School

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

$2,906
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$388,094
Cash to seller
$2,906

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

Seller’s Loan History

Lender

Residential Mortgage Llc

Loan start date

June 2023

Original loan amount

$392,540

Est. remaining balance

$388,094

Interest rate

6.43%

Loan type

VA, 30 year

Seller

Todd Boggs

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: 06/30/2024 at 7:30 PM

Listing updated: 06/27/2024 at 5:43 PM

Listed by: Preston Tribble, The Brokery Phone #: (602) 888-6375

MLS: ArizonaRegional #6724801

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