tomo logo

$509,900

Beds
3
Baths
2.0
sq ft
1,628

5505 East Mclellan Road Unit 37, Mesa, AZ 85205

5505 East Mclellan Road Unit 37

Mesa, AZ 85205

  • 75 days on market
    • Price drop $20,000↓
Beautiful home in the highly sought-after community of Alta Mesa! Features include spacious, bright living and dining areas with vaulted ceilings and new interior paint. The kitchen boasts updated cabinets, cozy bench seating, and room for table and chairs. Both main and master bathrooms feature walk-in showers and updated flooring throughout. Enjoy the new lighting fixtures adding elegance and style. Step out into the stunning patio to an incredible view of the golf course, perfect for watching breathtaking sunsets and starry nights. Enjoy this wonderful community that boasts a heated pool, superb community maintenance and many walking paths. Great location close to shopping, dining, parks, hiking, and freeway access. A/C replaced in 2021. This property will not last long!

Details

Property type

Townhouse

Est. home value

$421,674

Lot size

4,963 sq ft

Price per sq ft

$314

Year built

1985

Annual property taxes

$2,037

Monthly HOA fee

$162

Price History

10/18/2024
ArizonaRegional

ArizonaRegional #6754124

Price change
$509,900
-3.77%
09/07/2024
ArizonaRegional

ArizonaRegional #6754124

Listed
$529,900
+37.64%
09/01/2021
ArizonaRegional

ArizonaRegional #6264514

Sold
$385,000

Schools & Community

Neighborhood: 

Alta Mesa

Elementary school: 

Mendoza Elementary School

Middle school: 

Shepherd Junior High School

High school: 

Red Mountain High School

Community features: 

Golf

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

$121,037
Asking price
$509,900
Closing costs (~8% of asking)
-$40,792
Est. remaining loan balance
-$348,071
Cash to seller
$121,037

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

August 2021

Original loan amount

$374,440

Est. remaining balance

$348,071

Interest rate

2.98%

Loan type

FHA, 30 year

Seller

Greysi Amelia Pino and Jose Alejandro Pino

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: 11/21/2024 at 2:20 PM

Listing updated: 11/06/2024 at 12:45 PM

Listed by: Angelica M Murrieta, Coldwell Banker Realty Phone #: (480) 834-9131

MLS: ArizonaRegional #6754124

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