tomo logo

$408,000

Beds
3
Baths
2.5
sq ft
1,463

5811 West Encinas Lane, Phoenix, AZ 85043

5811 West Encinas Lane

Phoenix, AZ 85043

  • <1 day on market
Welcome home to this lovely, like-new home on a corner lot, featuring 3 bedrooms and 2.5 bathrooms, along with a huge loft upstairs. This home is just steps from the resort-style community pool and neighborhood park. Enjoy the neutral tones with wood-like tile throughout plus plush carpet in the bedrooms and loft, and an open concept great room downstairs. With the added convenience of the fridge, washer and dryer included, you can move in right away! The Loop 202 is less than 1 mile away, along with the new Laveen shops.

Details

Property type

Single Family Residence

Est. home value

$390,417

Property condition

Under Construction

Lot size

3,680 sq ft

Price per sq ft

$279

Year built

2022

Annual property taxes

$1,914

Monthly HOA fee

$129

Price History

03/15/2025
ArizonaRegional

ArizonaRegional #6835956

Listed
$408,000
-2.86%
09/30/2022
ArizonaRegional

ArizonaRegional #6400151

Sold
$420,000

Schools & Community

Neighborhood: 

Estrella

Elementary school: 

Kings Ridge School

Middle school: 

Kings Ridge School

High school: 

Betty Fairfax High School

Community features: 

Playground, Pool, Sidewalks

High school district: 

Phoenix 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

-$21,643
Asking price
$408,000
Closing costs (~8% of asking)
-$32,640
Est. remaining loan balance
-$397,003
Cash to seller
-$21,643

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

October 2022

Original loan amount

$409,465

Est. remaining balance

$397,003

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

Amy M Gaber and Gregory Gassman

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: 03/15/2025 at 11:45 AM

Listing updated: 03/15/2025 at 8:58 AM

Listed by: Lianne Russo Liddell, Realty ONE Group Phone #: (623) 236-1414

MLS: ArizonaRegional #6835956

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