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$1,200,000

Beds
3
Baths
3.0
sq ft
3,227

374 East Verde Lane, Phoenix, AZ 85012

374 East Verde Lane

Phoenix, AZ 85012

  • 11 days on market
La Hacienda HISTORIC DISTRICT with just 13 lots, just a chip shot away from the PHOENIX COUNTRY CLUB sits this enchanting 1930's adobe with hardwood floors - some original and some recently added to be consistent with the original design. The great room includes 20' beamed ceilings with floor to ceiling bookshelves and loads of natural light spilling in. The French doors open to a courtyard - beyond is lawn aplenty. Current owners have extinguished an easement behind that allows for further expansion of the backyard beyond current fenceline. UPDATES include plumbing, electrical, windows, flooring, and roof. Listings here are elusive, rare, and special.

Details

Property type

Single Family Residence

Est. home value

$1,057,236

Lot size

0.25 acres

Price per sq ft

$372

Year built

1930

Annual property taxes

$2,696

HOA

No

Price History

03/26/2025
ArizonaRegional

ArizonaRegional #6838048

Listed
$1,200,000
+60%
09/04/2019
ARMLS

ARMLS #5873146

Sold
$750,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Longview Elementary School

Middle school: 

Osborn Middle School

High school: 

North High School

High school district: 

Phoenix 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

$697,845
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$406,155
Cash to seller
$697,845

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

January 2021

Original loan amount

$537,754

Est. remaining balance

$406,155

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Robert Kilman and Jenna Rudo Stern

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: 03/31/2025 at 2:15 AM

Listing updated: 03/30/2025 at 11:57 PM

Listed by: Greg Kilroy, Keller Williams Realty Sonoran Living Phone #: (480) 948-3338

MLS: ArizonaRegional #6838048

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