tomo logo

$839,900

Beds
4
Baths
2.5
sq ft
3,029

518 East Balao Drive, Phoenix, AZ 85085

518 East Balao Drive

Phoenix, AZ 85085

  • 22 days on market
    • Open house Nov 16
EXCELLENT LOCATION!! MOUNTAIN VIEWS! This nearly new home is MOVE-IN READY! N/S facing, heated pool, GATED community, GE Cafe appliances, plus all of the excellent upgrades you are looking for!! This home is close to all of the growth that is North Phoenix yet tucked away from the hustle and bustle. Two living areas make it great for the kiddos or guests. 3-piece accordion-style sliding door leading to the back yard makes the main living area feel like part of the outdoors. Lock and leave is easy with low maintenance landscaping. Plus... SONORAN PRESERVE is walkable from the community providing miles of hiking and biking trails right out your front door! This one is a MUST SEE!

Details

Property type

Single Family Residence

Est. home value

$853,951

Lot size

6,043 sq ft

Price per sq ft

$278

Year built

2019

Annual property taxes

$2,904

Monthly HOA fee

$126

Price History

10/23/2024
ArizonaRegional

ArizonaRegional #6773476

Listed
$839,900
+11.99%
11/30/2021
ArizonaRegional

ArizonaRegional #6297443

Sold
$750,000

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Sonoran Foothills

Middle school: 

Sonoran Foothills

High school: 

Barry Goldwater High School

Community features: 

Gated, Playground

High school district: 

Deer Valley 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

$188,820
Asking price
$839,900
Closing costs (~8% of asking)
-$67,192
Est. remaining loan balance
-$583,888
Cash to seller
$188,820

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

Seller’s Loan History

Lender

Access Capital Group Inc

Loan start date

October 2021

Original loan amount

$625,000

Est. remaining balance

$583,888

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Andrew Scoggan and Kelly Scoggan

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: 11/14/2024 at 8:55 AM

Listing updated: 11/12/2024 at 4:20 PM

Listed by: Laurie Cato, Berkshire Hathaway HomeServices Arizona Properties Phone #: (623) 551-8040

MLS: ArizonaRegional #6773476

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