tomo logo

$349,000

Beds
2
Baths
2.0
sq ft
1,352

5643 East Covina Road, Mesa, AZ 85205

5643 East Covina Road

Mesa, AZ 85205

  • 44 days on market
**Discover Your Dream Home in Velda Rose Estates!** Step into luxury with this fully remodeled 2 bed, 2 bath home in the sought-after Velda Rose Estates 55+ community. Featuring a sleek kitchen, open-concept living, and a rare attached garage, this home combines modern comfort with style. Enjoy the beautifully landscaped yard, complete with charming cacti and palm trees, perfect for easy maintenance. Velda Rose Estates offers exceptional amenities with two clubhouses: the **Colby Clubhouse** includes a pool, spa, and shuffleboard courts, ideal for hosting social events, while the **Butte Clubhouse** provides a cozy setting with its own pool and spa. This home is back on the market and ready for you to explore. Don't miss the chance to see this beautiful property

Details

Property type

Single Family Residence

Est. home value

$296,233

Lot size

7,384 sq ft

Price per sq ft

$259

Year built

1968

Annual property taxes

$858

Monthly HOA fee

$18.33

Price History

08/31/2024
ArizonaRegional

ArizonaRegional #6735232

Listed
$349,000
08/19/2024
ArizonaRegional

ArizonaRegional #6735232

Removed
$349,000
08/12/2024
ArizonaRegional

ArizonaRegional #6735232

Pending
$349,000

Schools & Community

Elementary school: 

Adult

Middle school: 

Adult

High school: 

Adult

Community features: 

Clubhouse

High school district: 

Mesa Unified District

Senior community center: 

Yes

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

$151,802
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$169,278
Cash to seller
$151,802

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

July 2019

Original loan amount

$188,083

Est. remaining balance

$169,278

Interest rate

3.82%

Loan type

New Conventional, 30 year

Seller

Richard Ellis and Lavina J Rodriguez

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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6037 East Billings Street, Mesa, AZ 85205

Status: Active

Tomo last checked: 09/07/2024 at 7:15 AM

Listing updated: 09/02/2024 at 11:39 PM

Listed by: Heidi Ludwig, Citiea Phone #: (480) 870-3110

MLS: ArizonaRegional #6735232

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