tomo logo

$395,000

Beds
3
Baths
2.0
sq ft
1,207

517 South Torrence, Mesa, AZ 85208

517 South Torrence

Mesa, AZ 85208

  • 33 days on market
    • Price drop $4,999↓
MOVE-IN READY single story with large corner lot can now be yours! Top features include: vaulted ceilings, fresh interior paint, 2 Ton 17 SEER Trane AC unit installed Aug 2021, open floorplan, and a beautiful kitchen w/SS appliances & backsplash. You will love the huge backyard with covered patio, grassy area, built in firepit, and a shed. Solar screens were also installed and have made this home very energy efficieint. This amazing home in great location will not last long, hurry before it's gone!

Details

Property type

Single Family Residence

Est. home value

$372,235

Lot size

6,307 sq ft

Price per sq ft

$328

Year built

1997

Annual property taxes

$1,090.9

Monthly HOA fee

$50

Price History

06/28/2024
ArizonaRegional

ArizonaRegional #6700596

Price change
$395,000
-1.25%
06/14/2024
ArizonaRegional

ArizonaRegional #6700596

Price change
$399,999
-3.61%
05/30/2024
ArizonaRegional

ArizonaRegional #6700596

Listed
$415,000
+22.06%

Schools & Community

Elementary school: 

Stevenson Elementary School (Mesa)

Middle school: 

Smith Junior High School

High school: 

Skyline Ranch Elementary School

Community features: 

Playground

High school district: 

Mesa Unified 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

$61,318
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$302,082
Cash to seller
$61,318

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 Llc

Loan start date

June 2021

Original loan amount

$323,000

Est. remaining balance

$302,082

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Michael W Jenkins and Danielle L Jenkins

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: 07/02/2024 at 9:40 AM

Listing updated: 06/28/2024 at 8:43 AM

Listed by: Shawn Rogers, West USA Realty Phone #: (480) 820-3333

MLS: ArizonaRegional #6700596

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