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$395,500

Beds
4
Baths
2.5
sq ft
1,258

5910 South Colonial Way, Tempe, AZ 85283

5910 South Colonial Way

Tempe, AZ 85283

  • 1 day on market
    • Open house Jan 11
Beautifully updated 4-bedroom, 2.5-bathroom home in Tempe, only 10 min from ASU! This home features brand-new ceiling fans in all bedrooms, living, and dining rooms, along with fresh interior paint throughout. Upgrades include three new toilets, new door hardware (including the front door), three new windows in two bedrooms, and a new sliding glass door in the dining area. The kitchen boasts all-new stainless steel appliances, including a 6-burner stove with a griddle and built-in air fryer. Outdoors, $1,500 worth of new rock enhances curb appeal, and the private backyard with an 8-ft wall offers serene relaxation. Additional improvements include two new bathroom fans, new vents, and an owned solar system, keeping utility bills under $100. The home is centrally located near the I-10, Sky Harbor Airport, shopping, and dining, with an Eco system for smart thermostat control.

Details

Property type

Single Family Residence

Est. home value

$406,244

Lot size

2,448 sq ft

Price per sq ft

$315

Year built

1996

Annual property taxes

$1,485

Monthly HOA fee

$106.4

Price History

01/06/2025
ArizonaRegional

ArizonaRegional #6800681

Listed
$395,500
+2.73%
10/27/2023
ArizonaRegional

ArizonaRegional #6604351

Sold
$385,000
+67.68%
12/13/2017
ArizonaRegional

ArizonaRegional #5652135

Sold
$229,600

Schools & Community

Neighborhood: 

Wood Park

Elementary school: 

Wood School

Middle school: 

Fees College Preparatory Middle School

High school: 

Marcos De Niza High School

Community features: 

Pool, Sidewalks

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

$2,322
Asking price
$395,500
Closing costs (~8% of asking)
-$31,640
Est. remaining loan balance
-$361,538
Cash to seller
$2,322

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

Seller’s Loan History

Lender

Umortgage Llc

Loan start date

October 2023

Original loan amount

$365,750

Est. remaining balance

$361,538

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Bradley Parsons and Marcelia Parsons

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: 01/08/2025 at 12:10 AM

Listing updated: 01/06/2025 at 2:55 PM

Listed by: Heather M Mahmood-Corley, Redfin Corporation Phone #: (602) 483-4919

MLS: ArizonaRegional #6800681

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