tomo logo

$355,000

Beds
3
Baths
2.0
sq ft
1,891

40864 W Novak Ln, Maricopa, AZ 85138

40864 W Novak Ln

Maricopa, AZ 85138

  • 12 days on market
This newly updated home is located in the quiet Homestead neighborhood of Maricopa! Featuring 3 bedrooms, 2 full bathrooms, a den, and 1,891 sqft of living space, this property has everything you need. The fresh exterior paint welcomes you as you step inside, where vaulted ceilings and natural light create an inviting atmosphere in the great room. Just off the great room, you'll find the spacious kitchen, which opens to the dining area and a second living room perfect for entertaining or family gatherings. The primary bedroom, located across the home for added privacy, also features vaulted ceilings, a beautifully updated bathroom with a new double vanity, and a walk-in closet. Adjacent to the primary bedroom is a separate den, ideal for a home office or creative space. Down the hall, you'll find two additional bedrooms and a second full bathroom, all with new, plush carpet. Step outside to enjoy the private covered patio overlooking the newly installed turf and rock landscaping, designed for low-maintenance outdoor living.

Details

Property type

Single Family Residence

Est. home value

$338,108

Lot size

6,970 sq ft

Price per sq ft

$188

Year built

2007

Annual property taxes

$1,898.2

Monthly HOA fee

$47

Price History

01/15/2025
ArizonaRegional

ArizonaRegional #6804922

Listed
$355,000
+129.03%
08/05/2015
ArizonaRegional

ArizonaRegional #5277044

Sold
$155,000

Schools & Community

Elementary school: 

Santa Rosa Elementary School

Middle school: 

Maricopa Wells Middle School

High school: 

Maricopa High School

High school district: 

Maricopa Unified 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

$182,011
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$144,589
Cash to seller
$182,011

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

October 2020

Original loan amount

$159,801

Est. remaining balance

$144,589

Interest rate

2.86%

Loan type

FHA, 30 year

Seller

Robert Schmidt

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: 01/26/2025 at 9:15 PM

Listing updated: 01/15/2025 at 9:45 PM

Listed by: Braylon Hanson, LPT Realty, LLC Phone #: (877) 366-2213

MLS: ArizonaRegional #6804922

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