tomo logo

$347,500

Beds
3
Baths
2.5
sq ft
1,584

6845 South 7th Lane, Phoenix, AZ 85041

6845 South 7th Lane

Phoenix, AZ 85041

  • 43 days on market
    • Price drop $500↓
Home is a 15 minutes' drive to downtown Phoenix, this stunning 3-bedroom, 2.5-bath move in ready home has many upgrades. Kitchen is upgraded w/GE appliances, upgraded 42 inch kitchen cabinets. Custom wooden shutters througout most the home. The spacious master suite offers an upgraded balcony for and an oversized closet for ample storage. Inside, the home displays interior decorator touches including recently neutral paint & beautiful laminate flooring. Enhancing its practicality, the laundry room is conveniently located upstairs w/washer & dryer included. Step outside to a low-maintenance private courtyard featuring a custom see more... fountain and lush artificial grass, perfect for a relaxing retreat or hosting guests. The front landscape is maintianed by the HOA. Home is just a short distance away, a nearby tot park offers additional family-friendly outdoor space. The 2-car garage is as functional as it is stylish, equipped with custom storage cabinets, electric vehicle charging, garage opener & a convenient direct entry into the kitchen. This home's fantastic location provides easy access to freeways, Sky Harbor Airport, parks, and recreation, making it a perfect blend of comfort, style, and convenience.

Details

Property type

Single Family Residence

Est. home value

$348,421

Lot size

1,057 sq ft

Price per sq ft

$220

Year built

2006

Annual property taxes

$1,189

Monthly HOA fee

$110

Price History

02/21/2025
ArizonaRegional

ArizonaRegional #6803190

Price change
$347,500
-0.14%
02/01/2025
ArizonaRegional

ArizonaRegional #6803190

Price change
$348,000
-0.29%
01/17/2025
ArizonaRegional

ArizonaRegional #6803190

Price change
$349,000
-2.79%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

V H Lassen Elementary School

Middle school: 

V H Lassen Elementary School

High school: 

Cesar Chavez High School

Community features: 

Playground

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

-$30,304
Asking price
$347,500
Closing costs (~8% of asking)
-$27,800
Est. remaining loan balance
-$350,004
Cash to seller
-$30,304

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

Seller’s Loan History

Lender

Sun American Mortgage Co

Loan start date

May 2022

Original loan amount

$365,750

Est. remaining balance

$350,004

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Brooke Karakey and Max Brown

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: 02/22/2025 at 8:05 PM

Listing updated: 02/22/2025 at 12:25 PM

Listed by: Sarah Buchanan, RE/MAX Fine Properties Phone #: (480) 792-9500

MLS: ArizonaRegional #6803190

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