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$575,000

Beds
4
Baths
2.0
sq ft
1,936

646 West Yale Drive, Tempe, AZ 85283

646 West Yale Drive

Tempe, AZ 85283

  • 3 days on market
BEAUTIFUL ranch-style home on a quiet street with a HUGE 1/4 acre lot. Extensively remodeled in 2022 by a licensed contractor. Updates include: new flooring, new fixtures, new kitchen and bath cabinets, new quartz counters, fresh carpet, and new appliances. This home has OWNED solar panels that help reduce your electric bills. In addition to three bedrooms, there is a spacious fourth room that can be used as another bedroom or a spacious home office, and a fifth bonus room that can be used as a craft room or for extra storage. Enjoy the privacy of a massive corner lot backyard with mature trees and plenty of space to create a dream backyard! And if you're looking for an intergenerational property to build an accessory dwelling unit, this lot has you covered. There is more than enough room allowed by Tempe zoning regulations to create a comfortable Casita for loved ones to enjoy. The Seller has meticulously maintained and cared for this property so that it is sparkling, move-in ready, and waiting for its next family!

Details

Property type

Single Family Residence

Est. home value

$486,406

Lot size

0.29 acres

Price per sq ft

$298

Year built

1979

Annual property taxes

$1,572

HOA

No

Price History

02/28/2025
ArizonaRegional

ArizonaRegional #6827849

Listed
$575,000
+6.5%
06/10/2022
ArizonaRegional

ArizonaRegional #6391763

Sold
$539,900
+176.87%
06/18/2015
ArizonaRegional

ArizonaRegional #5210429

Sold
$195,000

Schools & Community

Neighborhood: 

Pepperwood

Elementary school: 

Wood School

Middle school: 

Fees College Preparatory Middle School

High school: 

Marcos De Niza High School

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

$62,658
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$466,342
Cash to seller
$62,658

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

June 2022

Original loan amount

$485,910

Est. remaining balance

$466,342

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Joel O Espino and Kara P Horowitz

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: 03/03/2025 at 9:30 PM

Listing updated: 03/03/2025 at 10:48 AM

Listed by: Rachael Freireich, DeLex Realty Phone #: (623) 680-7883

MLS: ArizonaRegional #6827849

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