tomo logo

$324,200

Beds
2
Baths
2.0
sq ft
1,183

509 North 56th Street, Mesa, AZ 85205

509 North 56th Street

Mesa, AZ 85205

  • 3 days on market
Bright and welcoming 3-bedroom, 2-bathroom home located in a desirable 55+ retirement community. This property features a garage and a double driveway for ample parking. Enjoy a low-maintenance front yard, a covered back patio, and mature citrus trees. Inside, you'll find a mix of carpet and tile flooring, with ceiling fans throughout. The kitchen boasts classic wood-finish cabinets, white appliances, and charming tile countertops. Additional highlights include an Arizona room and a dedicated laundry room. Conveniently located just steps from the Velda Rose Desert Nature Trail and close to shopping, freeways, and more.

Details

Property type

Single Family Residence

Est. home value

$286,607

Lot size

7,453 sq ft

Price per sq ft

$275

Year built

1967

Annual property taxes

$877

Monthly HOA fee

$20.83

Price History

10/02/2024
ArizonaRegional

ArizonaRegional #6765367

Listed
$324,200
+9.9%
05/27/2022
ArizonaRegional

ArizonaRegional #6383942

Sold
$295,000
+116.12%
02/26/2016
ArizonaRegional

ArizonaRegional #5387126

Sold
$136,500

Schools & Community

Elementary school: 

Adult

Middle school: 

Adult

High school: 

Adult

Community features: 

Clubhouse

High school district: 

Mesa Unified District

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

$38,213
Asking price
$324,200
Closing costs (~8% of asking)
-$25,936
Est. remaining loan balance
-$260,051
Cash to seller
$38,213

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

May 2022

Original loan amount

$270,146

Est. remaining balance

$260,051

Interest rate

4.72%

Loan type

FHA, 30 year

Seller

William R Snedeker Ii

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: 10/05/2024 at 11:30 PM

Listing updated: 10/02/2024 at 2:59 PM

Listed by: Don T Mortensen, LRA Real Estate Group, LLC Phone #: (480) 526-5644

MLS: ArizonaRegional #6765367

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