tomo logo

$1,400,000

Beds
5
Baths
4.5
sq ft
3,992

3920 East Covey Lane, Phoenix, AZ 85050

3920 East Covey Lane

Phoenix, AZ 85050

  • <1 day on market
    • Open house Apr 05
WOW! Welcome to your dream retreat in the heart of Fireside at Desert Ridge. This beautifully reimagined ''Chattanooga'' floor plan sits on a premium cul-de-sac lot, where luxury and comfort meet. Imagine evenings by your sparkling new pool and spa, with tranquil water features, glowing fire bowls, and an ''endless'' swim lane—perfect for relaxation or rejuvenation. Inside, every detail has been thoughtfully curated: new tile, hardwood floors, plush carpet, rich interior paint, and a stunning quartz kitchen. Additional upgrades include a tankless water heater, EV charger, upgraded spa heater, custom lighting, landscaping, and fresh exterior paint. A rare blend of elegance, warmth, and family-friendly living—this is Desert Ridge at its finest. You'll also find a well-appointed office for quiet contemplation & focused projects. Upstairs, you'll find a sizeable loft that offers a versatile space for relaxation. The luxurious primary suite boasts balcony access, a bathroom with double sinks, and a spacious walk-in closet. Venture out onto the balcony and take in the serene views of the surrounding neighborhood. The beautiful backyard features a covered patio, pristine artificial turf, a putting green, an exterior fireplace for evenings under the stars, a relaxing spa, and a pool for refreshing dips. Make this gem yours today!

Details

Property type

Single Family Residence

Est. home value

$1,271,454

Lot size

9,719 sq ft

Price per sq ft

$351

Year built

2007

Annual property taxes

$6,052

Monthly HOA fee

$150

Price History

04/02/2025
ArizonaRegional

ArizonaRegional #6844817

Listed
$1,400,000
+3.7%
01/06/2025
ArizonaRegional

ArizonaRegional #6777915

Sold
$1,350,000
-1.82%
12/05/2024
ArizonaRegional

ArizonaRegional #6777915

Pending
$1,375,000

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Fireside Elementary School

Middle school: 

Explorer Middle School

High school: 

Pinnacle High School

Community features: 

Playground, Clubhouse, Pool, Sidewalks

High school district: 

Paradise Valley 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

$854,603
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$433,397
Cash to seller
$854,603

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

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

March 2021

Original loan amount

$516,900

Est. remaining balance

$433,397

Interest rate

2.79%

Loan type

New Conventional, 20 year

Seller

Tracy L Carlson and Lori L Kipp

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: 04/03/2025 at 9:10 AM

Listing updated: 04/02/2025 at 3:41 PM

Listed by: Nolan Rucker, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6844817

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