tomo logo

$685,000

Beds
4
Baths
2.5
sq ft
2,224

3247 East Silverwood Drive, Phoenix, AZ 85048

3247 East Silverwood Drive

Phoenix, AZ 85048

  • <1 day on market
Welcome to a stunning residence located in the highly sought-after Lakewood subdivision. This beautiful home boasts an inviting layout, perfect for entertaining & everyday living. You are greeted by a welcoming foyer that leads into a bright & open living area featuring large windows that fill the space w/natural light. The modern kitchen is equipped w/stainless steel appliances, ample cabinetry, & a large island that doubles as a breakfast bar, making it an ideal for culinary enthusiasts. The master suite offers a serene retreat w/ensuite bathroom, complete w/dual sinks, tub, & separate shower.Step outside to your private backyard oasis to enjoy the AZ sunshine.The patio area is perfect for outdoor dining & entertaining, while the pool, spa, and putting green offer space for relaxation!

Details

Property type

Single Family Residence

Est. home value

$599,155

Lot size

5,632 sq ft

Price per sq ft

$309

Year built

1987

Annual property taxes

$2,244

HOA fee

$218

Price History

01/14/2025
ArizonaRegional

ArizonaRegional #6804750

Listed
$685,000
+80.26%
12/28/2018
ArizonaRegional

ArizonaRegional #5846729

Sold
$380,000
+58.33%
09/02/2016
ArizonaRegional

ArizonaRegional #5470771

Sold
$240,000

Schools & Community

Neighborhood: 

Ahwatukee Foothills

Elementary school: 

Kyrene de los Lagos 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

$356,205
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$273,995
Cash to seller
$356,205

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

June 2020

Original loan amount

$303,250

Est. remaining balance

$273,995

Interest rate

3.31%

Loan type

New Conventional, 30 year

Seller

Michael L Erickson and Iris N Erickson

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: 01/14/2025 at 10:05 PM

Listing updated: 01/14/2025 at 1:20 PM

Listed by: Sandra Allan, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 473-4900

MLS: ArizonaRegional #6804750

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