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$1,195,000

Beds
3
Baths
2.0
sq ft
1,850

3917 East Monterosa Street, Phoenix, AZ 85018

3917 East Monterosa Street

Phoenix, AZ 85018

  • 85 days on market
    • Price drop $30,000↓
Welcome to this fully renovated Arcadia bungalow, situated in the coveted Arcadia Lite neighborhood. Meticulously reimagined by Sarah Forster of Sarah Forster Design, this one-of-kind bungalow is sure to be a serene escape for its new owners. Enter into the light-filled calm and considered home featuring 3 bedrooms and 2 baths. The kitchen, the soul of the home, draws inspiration from true English bungalow heritage. It boasts minimal accents and thoughtful, yet paired back, characteristics. Including a Wolf gas range, Fisher and Paykel stainless steel appliances, and a captivating antique island complemented by honed Olympian Danby marble countertops. The kitchen show stopper lies with the Devol Water Taps and accentuated by the undermount Shaw farm sink. The primary bath boasts honed Carrara marble, a spacious walk-in shower with gorgeous Cle tile surrounds, dual vanities, and a luxurious Waterworks Empire tub for ultimate relaxation. In the secondary bath, a unique striped zellige tile adds a stylish touch. Outside, the front and back yards have been transformed with new irrigation, sod, landscaping, and a charming split rail fence, enhancing the home's curb appeal and outdoor living spaces. Mechanical updates ensure peace of mind, allowing you to simply move in and enjoy all that this home has to offer. With its exceptional location and impeccable design, this Arcadia bungalow is sure to impress. Welcome home to The Arcadia Bungalow!

Details

Property type

Single Family Residence

Est. home value

$742,590

Lot size

6,739 sq ft

Price per sq ft

$646

Year built

1952

Annual property taxes

$3,972

Price History

06/14/2024
ArizonaRegional

ArizonaRegional #6687138

Price change
$1,195,000
-2.45%
06/06/2024
ArizonaRegional

ArizonaRegional #6687138

Price change
$1,225,000
-2%
05/29/2024
ArizonaRegional

ArizonaRegional #6687138

Price change
$1,250,000
-1.96%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Biltmore Preparatory Academy

Middle school: 

Biltmore Preparatory Academy

High school: 

Camelback 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

$576,396
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$523,004
Cash to seller
$576,396

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

January 2024

Original loan amount

$525,000

Est. remaining balance

$523,004

Interest rate

7.44%

Loan type

New Conventional, 30 year

Seller

Thomas Forster and Sarah Forster

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 7:35 PM

Listing updated: 06/13/2024 at 5:03 PM

Listed by: Shawna Warner, RETSY Phone #: (602) 842-0000

MLS: ArizonaRegional #6687138

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