tomo logo

$550,000

Beds
4
Baths
2.0
sq ft
1,669

3706 South Cottonwood Drive, Tempe, AZ 85282

3706 South Cottonwood Drive

Tempe, AZ 85282

  • 74 days on market
    • Price drop $35,000↓
Welcome to this beautifully updated 4-bedroom, single-story home with a 2-car garage and no HOA! Recently renovated within the last 5 years, including a new A/C unit, this home features hard floors throughout and an open-concept kitchen with granite countertops. The exterior boasts fresh paint, a low-maintenance yard, and a sparkling PebbleTec diving pool. The spacious covered patio is ideal for entertaining. Conveniently located near shopping, dining, entertainment, the 101/60 freeways, and Ehrhardt Park. This home is the perfect blend of style, comfort, and location!

Details

Property type

Single Family Residence

Est. home value

$498,322

Lot size

7,906 sq ft

Price per sq ft

$330

Year built

1971

Annual property taxes

$1,739

HOA

No

Price History

12/10/2024
ArizonaRegional

ArizonaRegional #6768193

Removed
$550,000
12/08/2024
ArizonaRegional

ArizonaRegional #6768193

Listed
$550,000
12/02/2024
ArizonaRegional

ArizonaRegional #6768193

Price change
$550,000
-5.98%

Schools & Community

Elementary school: 

Roosevelt Elementary School

Middle school: 

Rhodes Junior High School

High school: 

Dobson High School

Community features: 

Playground

High school district: 

Mesa 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

$224,424
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$281,576
Cash to seller
$224,424

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

February 2021

Original loan amount

$308,728

Est. remaining balance

$281,576

Interest rate

2.66%

Loan type

VA, 30 year

Seller

Michael Scott Tanses

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: 12/22/2024 at 12:10 PM

Listing updated: 12/10/2024 at 10:04 AM

Listed by: Kevin Belzer, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6768193

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