tomo logo

$265,000

Beds
2
Baths
1.5
sq ft
1,088

5005 South Mill Avenue, Tempe, AZ 85282

5005 South Mill Avenue

Tempe, AZ 85282

  • 24 days on market
    • Price drop $5,000↓
Prime Tempe Location - Opportunity Knocks! Huge Potential, this is your chance to add value and make it your own! This 2 bedroom, 1.5 bathroom townhome is just a few finishing touches away from becoming the perfect cozy retreat. Centrally located with unbeatable convenience, just 10 min from Sky Harbor, ASU, Tempe Marketplace, Tempe Town Lake and some of the best hiking at South Mountain and Papago Park. Whether you're commuting, exploring or enjoying Tempes vibrant lifestyle, everything is within reach. Major updates already done—NEW AC UNIT and a newer water heater mean less to worry about and more to enjoy. Don't miss out on this incredible opportunity in the heart of Tempe!

Details

Property type

Townhouse

Est. home value

$314,098

Lot size

1,250 sq ft

Price per sq ft

$244

Year built

1964

Annual property taxes

$762

Monthly HOA fee

$274

Price History

02/21/2025
ArizonaRegional

ArizonaRegional #6812510

Price change
$265,000
-1.85%
02/07/2025
ArizonaRegional

ArizonaRegional #6812510

Price change
$270,000
-1.82%
01/30/2025
ArizonaRegional

ArizonaRegional #6812510

Listed
$275,000
-10.71%

Schools & Community

Elementary school: 

Arredondo Elementary School

Middle school: 

Connolly Middle School

High school: 

Tempe High School

Community features: 

Pool

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

$22,418
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$221,382
Cash to seller
$22,418

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

March 2022

Original loan amount

$234,850

Est. remaining balance

$221,382

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Joshua R Briese Sengar

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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1720 West Village Way, Tempe, AZ 85282

Status: Active

Tomo last checked: 02/23/2025 at 6:40 AM

Listing updated: 02/21/2025 at 3:35 PM

Listed by: Julio C Felix, Keller Williams Realty Sonoran Living Phone #: (480) 444-7200

MLS: ArizonaRegional #6812510

ArizonaRegional logo

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