tomo logo

$475,000

Beds
3
Baths
2.0
sq ft
1,556

5255 South Mill Avenue, Tempe, AZ 85283

5255 South Mill Avenue

Tempe, AZ 85283

  • 2 days on market
Welcome Home to this spacious, 3 -bedroom, 2 -bathroom home located in the heart of Tempe! This house is PERFECTLY situated on a large corner lot. Directly across the street is KIWANIS LAKE PARK that has ample activities like fishing, basketball, sand volleyball courts, walking paths, wave pool, pickleball and much more. This property is 2 miles from I-60, and I-101, Close to ASU, AZ-Mills and Tempe Market Market Place Malls, Public Transportation, Library, Shopping and Dining. This property is truly a must -see!!

Details

Property type

Single Family Residence

Est. home value

$429,378

Lot size

8,658 sq ft

Price per sq ft

$306

Year built

1973

Annual property taxes

$2,280

HOA

No

Price History

01/01/2025
ArizonaRegional

ArizonaRegional #6798884

Listed
$475,000
+142.35%
07/11/2014
ArizonaRegional

ArizonaRegional #5019664

Sold
$196,000

Schools & Community

Neighborhood: 

Kiwanis Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Marcos De Niza High School

Community features: 

Playground, Sidewalks

High school district: 

Tempe 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

$314,645
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$122,355
Cash to seller
$314,645

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

Seller’s Loan History

Lender

Nova Financial & Investment Corp

Loan start date

June 2014

Original loan amount

$156,800

Est. remaining balance

$122,355

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Wyatt Siegal

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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$490,000
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2 ba
|
1,556 sq ft
|
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5345 South Mill Avenue, Tempe, AZ 85283

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ArizonaRegional
$520,000
3 bd
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2 ba
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1,760 sq ft
|
House

1529 East Mcnair Drive, Tempe, AZ 85283

Status: Active

Tomo last checked: 01/04/2025 at 5:45 AM

Listing updated: 01/01/2025 at 10:15 AM

Listed by: Erin Pearsall, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6798884

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