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$300,000

Beds
3
Baths
1.5
sq ft
1,272

5517 North 61st Lane, Glendale, AZ 85301

5517 North 61st Lane

Glendale, AZ 85301

  • 13 days on market
COMING SOON! NO HOA! This property boasts a spacious backyard shop and an additional storage shed, ideal for hobbyists and small business owners. Ample parking is available, including a tandem 2-car carport. Plus, the former carport has been transformed into a versatile front room, adding extra living space. This property is located just minutes from O'Neil Park, William C. Jack Elementary, a drive-in movie theater, Westgate Entertainment Center, and downtown Glendale with restaurant and shops! PROFESSIONAL PHOTOS TO BE UPLOADED SOON!

Details

Property type

Single Family Residence

Est. home value

$326,177

Lot size

6,033 sq ft

Price per sq ft

$236

Year built

1959

Annual property taxes

$596

HOA

No

Price History

03/21/2025
ArizonaRegional

ArizonaRegional #6837919

Listed
$300,000
-11.24%
11/01/2024
ArizonaRegional

ArizonaRegional #6746404

Removed
$338,000
09/19/2024
ArizonaRegional

ArizonaRegional #6746404

Price change
$338,000
-1.46%

Schools & Community

Elementary school: 

Don Mensendick School

Middle school: 

Challenger Middle School

High school: 

Glendale High School

High school district: 

Glendale 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

$207,816
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$68,184
Cash to seller
$207,816

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

Seller’s Loan History

Lender

First California Mortgage Co

Loan start date

June 2017

Original loan amount

$96,800

Est. remaining balance

$68,184

Interest rate

4.05%

Loan type

New Conventional, 20 year

Seller

Sean T Tracy and Lorena Tracy

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: 04/02/2025 at 1:30 PM

Listing updated: 04/01/2025 at 9:06 AM

Listed by: Kristina Steeber, Real Broker Phone #: (480) 442-9868

MLS: ArizonaRegional #6837919

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