tomo logo

$290,000

Beds
2
Baths
2.0
sq ft
1,002

507 South Sand Verbena Way, Mesa, AZ 85208

507 South Sand Verbena Way

Mesa, AZ 85208

  • 40 days on market
Looking for a new home? This charming 2 bedroom property located in a lovely lake Community is the one for you! Be welcomed by the cozy paver patio at the front. Inside, discover the tile flooring, bright palette, & spacious great room with sliding doors back to the backyard. The kitchen features plenty of shaker cabinets w/crown mouldings, built-in appliances, recessed lighting, a pantry, & durable granite counters. The serene main bedroom boasts backyard access, a walk-in closet, & a private bathroom. The cozy covered patio at the back is ideal for enjoying intimate gatherings. This gated adult Community offers many amenities, including a heated pool & spa, workout facilities, & vast green areas. This value won't disappoint!

Details

Property type

Townhouse

Est. home value

$274,141

Lot size

107 sq ft

Price per sq ft

$290

Year built

1979

Annual property taxes

$1,021

Monthly HOA fee

$407

Price History

01/31/2025
ArizonaRegional

ArizonaRegional #6813334

Listed
$290,000
+68.7%
04/09/2020
ARMLS

ARMLS #6042162

Sold
$171,900

Schools & Community

Neighborhood: 

Fountain of the Sun

Elementary school: 

Adult

Middle school: 

Adult

High school: 

Adult

Community features: 

Gated, Golf, Fitness Center, Pool

High school district: 

Adult

Senior community center: 

Yes

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

$151,015
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$115,785
Cash to seller
$151,015

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

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

March 2020

Original loan amount

$128,925

Est. remaining balance

$115,785

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

David S Edwards and Diane E Edwards

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: 03/12/2025 at 8:35 AM

Listing updated: 02/03/2025 at 10:25 AM

Listed by: Debra Sundve, 1-2-1 Realty Phone #: (480) 688-4900

MLS: ArizonaRegional #6813334

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