tomo logo

$485,000

Beds
5
Baths
2.0
sq ft
1,524

401 South Robert Road, Tempe, AZ 85281

401 South Robert Road

Tempe, AZ 85281

  • 114 days on market
    • Price drop $13,999↓
Priced to move fast, this property boasts the lowest price per square foot for the number of bedrooms you'll find in the area. Location? Unbeatable. Just steps from ASU, where ''Little Library'' charm meets undeniable convenience. Whether you're eyeing a lucrative rental property or a stylish home with space for your thriving home business, this property delivers. With a separate entrance, the possibilities for maximizing income or creating a private workspace are endless. Every inch of this home has been meticulously designed to maximize square footage for a rental. Offering style, comfort, and functionality. Built with solid block construction and updated throughout, you won't have to lift a finger—just close the deal and start collecting returns. 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

$319

Year built

1951

Annual property taxes

$1,593

HOA

No

Price History

12/11/2024
ArizonaRegional

ArizonaRegional #6748518

Price change
$485,000
-2.81%
12/02/2024
ArizonaRegional

ArizonaRegional #6748518

Price change
$498,999
-0.2%
11/14/2024
ArizonaRegional

ArizonaRegional #6748518

Price change
$499,999
-0.99%

Schools & Community

Neighborhood: 

Sunset

Elementary school: 

Unknown

Middle school: 

Unknown

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

$326,049
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$120,151
Cash to seller
$326,049

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

$120,151

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?

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Status: Active

Tomo last checked: 12/22/2024 at 12:40 PM

Listing updated: 12/19/2024 at 11:05 PM

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

MLS: ArizonaRegional #6748518

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