tomo logo

$1,375,000

Beds
5
Baths
4.5
sq ft
4,044

3920 East Covey Lane, Phoenix, AZ 85050

3920 East Covey Lane

Phoenix, AZ 85050

  • 8 days on market
Welcome to your poolside paradise in Fireside at Desert Ridge! This ''Chattanooga'' floor plan sits on a premium oversized cul-de-sac lot featuring a newly added pool/spa with relaxing water features, an ''endless'' swim lane, and cozy fireplace/fire bowls. With professionally designed interiors, this home has been thoughtfully upgraded with new tile, hardwood flooring, carpet, interior paint, and a refreshed kitchen boasting new quartz counters. Other improvements made include a tankless water heater, 240v electric vehicle charging, spa heater, laundry sink, landscaping/landscape lighting, fixtures, and exterior paint. Enjoy a carefree lifestyle at Fireside with resort amenities at the luxurious community center and the convenience of being minutes from Desert Ridge award-winning schools, dining, shopping, and convenient freeway access.

Details

Property type

Single Family Residence

Est. home value

$1,271,454

Lot size

9,719 sq ft

Price per sq ft

$341

Year built

2007

Annual property taxes

$6,052

Monthly HOA fee

$150

Price History

10/31/2024
ArizonaRegional

ArizonaRegional #6777915

Listed
$1,375,000
+94.48%
02/23/2016
ArizonaRegional

ArizonaRegional #5342122

Sold
$707,000

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Fireside Elementary School

Middle school: 

Explorer Middle School

High school: 

Pinnacle High School

Community features: 

Playground, Clubhouse

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

$822,640
Asking price
$1,375,000
Closing costs (~8% of asking)
-$110,000
Est. remaining loan balance
-$442,360
Cash to seller
$822,640

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

$442,360

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: 11/08/2024 at 8:10 AM

Listing updated: 10/31/2024 at 4:40 PM

Listed by: Kevin Owens, The Agency Phone #: (480) 739-5110

MLS: ArizonaRegional #6777915

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