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$475,000

Beds
4
Baths
3.0
sq ft
1,878

524 North Leoma Lane, Chandler, AZ 85225

524 North Leoma Lane

Chandler, AZ 85225

  • 44 days on market
PRICED BELOW MARKET VALUE! Home in need of cosmetic updates. Perfect for a fix & flip or a primary owner that wants to build instant equity. Home is a spacious 4-bed, 3-bath single-family home in the heart of Chandler. This 1,878 sq ft home offers a versatile floor plan with a formal living room, family room, & an upstairs bonus loft. Includes a convenient downstairs bedroom & full bathroom, ideal for guests or multi-generational living. Upstairs, you'll find 3 additional bedrooms, including a primary suite. The expansive backyard is a blank canvas, ready for your personal touch to create the outdoor oasis of your dreams. Property features an attached 2 car garage. Situated in a desirable Chandler neighborhood, close to shopping, dining & excellent schools.

Details

Property type

Single Family Residence

Est. home value

$495,640

Property condition

Fixer

Lot size

7,144 sq ft

Price per sq ft

$253

Year built

1994

Annual property taxes

$2,164

HOA

No

Price History

02/23/2025
ArizonaRegional

ArizonaRegional #6802281

Listed
$475,000
02/20/2025
ArizonaRegional

ArizonaRegional #6802281

Pending
$475,000
02/04/2025
ArizonaRegional

ArizonaRegional #6802281

Listed
$475,000

Schools & Community

Neighborhood: 

The Traditions

Elementary school: 

Sanborn Elementary School

Middle school: 

Willis Junior High School

High school: 

Chandler High School

High school district: 

Chandler Unified District #80

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

$339,419
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$97,581
Cash to seller
$339,419

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

Seller’s Loan History

Lender

Pmac Lending Services Inc

Loan start date

August 2009

Original loan amount

$144,375

Est. remaining balance

$97,581

Interest rate

5.38%

Loan type

New Conventional, 30 year

Seller

Anthony Bright and Xiaojing Bright

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: 02/23/2025 at 10:20 AM

Listing updated: 02/22/2025 at 5:20 PM

Listed by: Seth Rich, E & G Real Estate Services Phone #: (480) 550-8500

MLS: ArizonaRegional #6802281

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