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$242,000

Beds
2
Baths
1.0
sq ft
1,453

401 East Cedar Street, Globe, AZ 85501

401 East Cedar Street

Globe, AZ 85501

  • 157 days on market
    • Price drop $7,950↓
Motivated Seller, Assumable Loan!! A Classic Charming Globe Home! This 2 Bedroom and 1 Full Bathroom home sits High on the Hills just above Downtown Globe, you can Walk or Bike to the Historic Downtown District. This home has a 2 car garage/workshop, and the interior of the home has alot of the original beautiful woodwork. Lots of interior storage space also. This particular area is going thru an amazing transformation, bringing back to life the Original Globe Historic Homes making This home one to Take a Look at! And take a look at the Views!

Details

Property type

Single Family Residence

Est. home value

$199,407

Lot size

5,629 sq ft

Price per sq ft

$167

Year built

1952

Annual property taxes

$791

HOA

No

Price History

01/10/2025
ArizonaRegional

ArizonaRegional #6751275

Price change
$242,000
-3.18%
08/31/2024
ArizonaRegional

ArizonaRegional #6751275

Listed
$249,950
+25.29%
09/26/2023
ArizonaRegional

ArizonaRegional #6556957

Sold
$199,500
+57.09%

Schools & Community

Elementary school: 

Out of Maricopa Cnty

Middle school: 

Out of Maricopa Cnty

High school: 

Out of Maricopa Cnty

Community features: 

Sidewalks

High school district: 

Globe 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

$19,485
Asking price
$242,000
Closing costs (~8% of asking)
-$19,360
Est. remaining loan balance
-$203,155
Cash to seller
$19,485

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2023

Original loan amount

$206,083

Est. remaining balance

$203,155

Interest rate

6.81%

Loan type

VA, 30 year

Seller

Howard Lee Groff and Linda S Groff

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: 02/05/2025 at 4:50 AM

Listing updated: 01/10/2025 at 12:00 PM

Listed by: Matthew Brian Krumwiede, Long Realty Unlimited Phone #: (623) 565-8324

MLS: ArizonaRegional #6751275

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