tomo logo

$679,000

Beds
4
Baths
2.0
sq ft
2,364

5618 South Sailors Reef Road, Tempe, AZ 85283

5618 South Sailors Reef Road

Tempe, AZ 85283

  • 264 days on market
Beautifully Updated and Move-In Ready 4 Bed/2 Bath/2,364sqft home is located close to the lake, flowing stream and all amenities at The Lakes Clubhouse! This home was Remodeled from the ground up a few years ago and features wood plank tile, Shaker Style Cabinets with Granite Counters in the kitchen and baths, Tiled Shower Surrounds, Shutters on All Windows, Stone Fireplace, Recessed Lighting, Ceiling Fans, Built-In Beverage Fridge, and more! Vaulted ceilings add to the bright and open feel as soon as you walk into your new home! The low maintenance backyard features a covered patio, extended travertine deck and a putting green. Bedroom #4 has a large walk-deck perfect for enjoying the ''soon-to-be'' cool months! You'll Love Living In The Lakes!

Details

Property type

Single Family Residence

Est. home value

$672,474

Lot size

5,253 sq ft

Price per sq ft

$288

Year built

1971

Annual property taxes

$2,656

Monthly HOA fee

$117

Price History

10/12/2023
ArizonaRegional

ArizonaRegional #6606856

Listed
$679,000
+35.8%
03/24/2021
ArizonaRegional

ArizonaRegional #6196293

Sold
$500,000
+36.99%
06/18/2018
ArizonaRegional

ArizonaRegional #5742528

Sold
$365,000

Schools & Community

Elementary school: 

Rover Elementary School

Middle school: 

Fees College Preparatory Middle School

High school: 

Marcos De Niza High School

Community features: 

Tennis Court(s), Racquetball, Playground, Clubhouse, Fitness Center

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

$184,446
Asking price
$679,000
Closing costs (~8% of asking)
-$54,320
Est. remaining loan balance
-$440,234
Cash to seller
$184,446

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

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

March 2021

Original loan amount

$475,000

Est. remaining balance

$440,234

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Christina Whitney and Lane Whitney

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: 07/02/2024 at 4:50 PM

Listing updated: 07/01/2024 at 6:03 AM

Listed by: Daniel T Birk, Realty Executives Phone #: (480) 839-2600

MLS: ArizonaRegional #6606856

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