tomo logo

$1,425,000

Beds
5
Baths
4.0
sq ft
4,677

3862 East Elmwood Street, Mesa, AZ 85205

3862 East Elmwood Street

Mesa, AZ 85205

  • 73 days on market
    • Price drop $50,000↓
Welcome to your dream home nestled within Mesa's coveted citrus corridor! Spanning over 4600 square feet, this meticulously designed home boasts five bedrooms and four bathrooms, providing ample space for both family living and entertaining guests. One of the highlights of this residence is the MIL suite, offering a private retreat for guests or multi-generational living arrangements. With its own bedroom, bathroom, and living area, your visitors will feel right at home. Step outside to discover a backyard oasis that rivals any luxury resort. The sparkling pool beckons on hot Arizona days, while the swim treadmill offers a unique way to stay fit and cool off simultaneously. Surrounded by lush landscaping and mature trees, the backyard provides a serene escape.

Details

Property type

Single Family Residence

Est. home value

$1,073,136

Lot size

0.29 acres

Price per sq ft

$305

Year built

2013

Annual property taxes

$5,429

Monthly HOA fee

$190

Price History

05/16/2024
ArizonaRegional

ArizonaRegional #6690743

Price change
$1,425,000
-3.39%
04/18/2024
ArizonaRegional

ArizonaRegional #6690743

Listed
$1,475,000

Schools & Community

Neighborhood: 

The Groves

Elementary school: 

Entz Elementary School

Middle school: 

Stapley Junior High School

High school: 

Mountain View High School

Community features: 

Playground

High school district: 

Mesa Unified 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

Fairway Independent Mortgage Corp

Loan start date

December 2020

Original loan amount

$481,300

Est. remaining balance

$443,635

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Matthew Lara and Mihaela Lara

Lender

Mutual Of Omaha Bank

Loan start date

December 2019

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

3.4%

Loan type

Credit Line (Revolving)

Seller

Matthew Lara and Mihaela Lara

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 12:45 PM

Listing updated: 05/16/2024 at 7:23 AM

Listed by: Amy Gregory, eXp Realty Phone #: (480) 722-9800

MLS: ArizonaRegional #6690743

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