tomo logo

$588,800

Beds
7
Baths
4.0
sq ft
2,618

3802 West Mission Lane, Phoenix, AZ 85051

3802 West Mission Lane

Phoenix, AZ 85051

  • 98 days on market
    • Price drop $79,200↓
Calling all Investors, This turn-key house provides immediate cash flow, with individual rooms already rented out. (pad split). The property includes six fully furnished bedrooms designed for maximum rental income, as well as a separate one-bedroom, one-bath guest house. This arrangement provides flexible living options and helps to offset mortgage costs while generating a reliable income stream. With its appealing features and prime location, this property serves as both a smart investment and a cozy home.

Details

Property type

Single Family Residence

Est. home value

$400,317

Lot size

7,405 sq ft

Price per sq ft

$225

Year built

1969

Annual property taxes

$1,491

HOA

No

Price History

12/30/2024
ArizonaRegional

ArizonaRegional #6763951

Price change
$588,800
-11.86%
12/11/2024
ArizonaRegional

ArizonaRegional #6763951

Removed
$668,000
09/29/2024
ArizonaRegional

ArizonaRegional #6763951

Listed
$668,000

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Cactus Wren Elementary School

Middle school: 

Unknown

High school: 

Cortez High School

High school district: 

Glendale Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Premium Lending Llc

Loan start date

May 2023

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial, 1 year

Seller

Montoya Construction Llc

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: 01/04/2025 at 11:50 PM

Listing updated: 12/29/2024 at 7:50 PM

Listed by: Oscar Silva Herrera, EPIC Home Realty Phone #: (623) 547-6710

MLS: ArizonaRegional #6763951

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