tomo logo

$365,000

Beds
4
Baths
2.5
sq ft
1,695

5229 South 8th Drive, Phoenix, AZ 85041

5229 South 8th Drive

Phoenix, AZ 85041

  • 2 days on market
Welcome! This charming two-story residence with an excellent location awaits new owners! Close to schools, shopping spots, restaurants, and more. This gem offers a 2-car garage and an inviting front porch, perfect for savoring your morning coffee. You'll find a lovely open layout filled with abundant natural light and decorative light fixtures featuring tall ceilings and wood-plank tile flooring. The kitchen provides built-in appliances, ample counter space, a handy pantry, plenty of wood cabinetry with crown molding, and an island with a breakfast bar. Discover a main retreat upstairs adorned with a designer's palette, a private bathroom, and a walk-in closet. Enjoy a serene outdoor experience in a backyard with a patio and low-maintenance artificial turf. Hurry! Make it yours today!

Details

Property type

Single Family Residence

Est. home value

$368,423

Lot size

4,950 sq ft

Price per sq ft

$216

Year built

2003

Annual property taxes

$1,232

Monthly HOA fee

$50

Price History

06/28/2024
ArizonaRegional

ArizonaRegional #6724348

Listed
$365,000
+174.44%
04/20/2015
ArizonaRegional

ArizonaRegional #5197907

Sold
$133,000

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

John R Davis School

Middle school: 

John R Davis School

High school: 

Cesar Chavez High School

Community features: 

Playground

High school district: 

Phoenix Union High School 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

$188,153
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$147,647
Cash to seller
$188,153

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

December 2018

Original loan amount

$162,800

Est. remaining balance

$147,647

Interest rate

4.86%

Loan type

FHA, 30 year

Seller

Mario Mena Jr and Patricia Ariza Fuentes

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: 06/30/2024 at 12:50 PM

Listing updated: 06/30/2024 at 12:27 AM

Listed by: Jackie Oceguera Meza, HomeSmart Premier Phone #: (602) 323-9420

MLS: ArizonaRegional #6724348

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