tomo logo

$550,000

Beds
3
Baths
2.0
sq ft
1,652

5622 South Outrigger Road, Tempe, AZ 85283

5622 South Outrigger Road

Tempe, AZ 85283

  • 28 days on market
    • Open house Sep 21
Experience refined living in the exquisitely remodeled home within The Tempe Lakes exclusive lake subdivision. The residence features elegant new wood plank tile flooring, sophisticated fresh paint, and a chef's kitchen adorned with new custom cabinets, stunning marble countertops, and top-of-the-line appliances including a gas cooktop. Recessed lighting enhances the home's modern ambiance. The primary bathroom is a luxurious retreat, complemented by an updated hall bath and a beautiful laundry room with extensive custom cabinets. A gated front yard ensures unparalleled privacy, and the serene lake is just a short stroll away. This property seamlessly combines luxury, comfort, and an enviable location.

Details

Property type

Single Family Residence

Est. home value

$481,053

Lot size

5,253 sq ft

Price per sq ft

$333

Year built

1971

Annual property taxes

$2,298

Monthly HOA fee

$121.67

Price History

08/23/2024
ArizonaRegional

ArizonaRegional #6738439

Listed
$550,000
+124.49%
02/01/2016
ArizonaRegional

ArizonaRegional #5376440

Sold
$245,000

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), Clubhouse

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

$364,423
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$141,577
Cash to seller
$364,423

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2018

Original loan amount

$224,000

Est. remaining balance

$141,577

Interest rate

3.62%

Loan type

New Conventional, 15 year

Seller

Christa E Mulder and Richard Allen Michael Mulder

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: 09/20/2024 at 12:00 AM

Listing updated: 09/18/2024 at 9:59 AM

Listed by: Georgi Stratton, Realty ONE Group Phone #: (480) 321-8100

MLS: ArizonaRegional #6738439

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