tomo logo

$505,000

Beds
5
Baths
2.0
sq ft
1,524

401 South Robert Road, Tempe, AZ 85281

401 South Robert Road

Tempe, AZ 85281

  • 74 days on market
    • Price drop $10,000↓
5 bedroom 2bath home in the heart of it all on a spacious lot. Every detail has been meticulously crafted for the modern buyer, delivering the perfect blend of style, comfort, and an unbeatable address. Imagine coming home to a kitchen that wows with cabinets in an elusive sage shade—an instant conversation starter. The kitchen isn't just stylish; it's flooded with natural light from skylights, making it a bright and welcoming space for all your culinary adventures. This property doesn't just look good; it's designed with practicality in mind. Double-pane windows & solid block walls help maintain lower utility costs, keeping your home comfortable year-round. One of the five bedrooms offers versatility with its own private exit and an independent AC wall unit, perfect as a lock-off space for guests, a home office, or rental income. Plenty of off street parking for tenants or guests alike. Step outside, and the backyard is calling for al fresco dining with friends who've become familyan oasis for entertaining or just unwinding. Plus, with Tempe's hottest spots just minutes away, the convenience factor is off the charts! Properties that offer this perfect blend of aesthetic appeal and an unbeatable environment near ASU, Mill Ave, and the 10, 60 ,202 freeways are truly one-of-a-kinddon't miss the chance to make it yours

Details

Property type

Single Family Residence

Est. home value

$429,926

Lot size

6,817 sq ft

Price per sq ft

$332

Year built

1951

Annual property taxes

$1,593

Price History

11/08/2024
ArizonaRegional

ArizonaRegional #6748518

Price change
$505,000
-1.94%
10/10/2024
ArizonaRegional

ArizonaRegional #6748518

Price change
$515,000
-1.72%
10/04/2024
ArizonaRegional

ArizonaRegional #6748518

Listed
$523,999

Schools & Community

Neighborhood: 

Sunset

Elementary school: 

Scales Technology Academy

Middle school: 

Geneva Epps Mosley Middle School

High school: 

Tempe High School

High school district: 

Tempe 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

$344,142
Asking price
$505,000
Closing costs (~8% of asking)
-$40,400
Est. remaining loan balance
-$120,458
Cash to seller
$344,142

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

September 2015

Original loan amount

$148,500

Est. remaining balance

$120,458

Interest rate

4.09%

Loan type

New Conventional, 30 year

Seller

Michael Gregory Gullickson and Melissa K Gullickson

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$524,999
5 bd
|
2 ba
|
1,768 sq ft
|
House

503 East Taylor Street, Tempe, AZ 85288

ArizonaRegional
$590,000
5 bd
|
3 ba
|
2,480 sq ft
|
House

1047 West Elna Rae Street, Tempe, AZ 85281

Price drop
ArizonaRegional
$442,000
3 bd
|
2 ba
|
1,240 sq ft
|
House

1713 South Farmer Avenue, Tempe, AZ 85281

Status: Active

Tomo last checked: 11/12/2024 at 1:30 PM

Listing updated: 11/10/2024 at 1:24 AM

Listed by: Vanessa Roark, Coldwell Banker Realty Phone #: (602) 954-6888

MLS: ArizonaRegional #6748518

ArizonaRegional logo

Recently listed in Tempe