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$290,000

Beds
1
Baths
1.0
sq ft
672

520 South Macdonald, Mesa, AZ 85210

520 South Macdonald

Mesa, AZ 85210

  • 339 days on market
    • Price drop $5,000↓
Welcome to 520 S Macdonald in Mesa, AZ! This beautifully remodeled 1-bedroom, 1-bath home is currently being used as a successful vacation rental, offering both modern upgrades and historic charm. Situated on a spacious lot, the property provides ample room for expansion, additional structures, or outdoor enhancements to suit your vision. Whether you're looking for a turnkey investment property, a cozy starter home, or a place to customize and expand, this versatile space is full of potential. With its prime location and established rental history, don't miss your chance to make this unique property your own.

Details

Property type

Single Family Residence

Est. home value

$185,082

Lot size

7,285 sq ft

Price per sq ft

$432

Year built

1935

Annual property taxes

$306

HOA

No

Price History

02/28/2025
ArizonaRegional

ArizonaRegional #6699382

Listed
$290,000
09/04/2024
ArizonaRegional

ArizonaRegional #6699382

Removed
$290,000
06/22/2024
ArizonaRegional

ArizonaRegional #6699382

Price change
$290,000
-1.69%

Schools & Community

Neighborhood: 

Nuestro

Elementary school: 

Lincoln Elementary School

Middle school: 

Kino Junior High School

High school: 

Mesa High School

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

$107,638
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$159,162
Cash to seller
$107,638

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

December 2021

Original loan amount

$171,000

Est. remaining balance

$159,162

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Julia Marie Furlong

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?

Status: Active

Tomo last checked: 04/05/2025 at 9:10 PM

Listing updated: 04/02/2025 at 8:16 PM

Listed by: Cameron Martz, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6699382

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