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$342,000

Beds
3
Baths
2.5
sq ft
1,690

6949 South 7th Lane, Phoenix, AZ 85041

6949 South 7th Lane

Phoenix, AZ 85041

  • 44 days on market
    • Price drop $7,500↓
Cozy home in Desert Breeze community! Great location, close to downtown Phoenix! This property has ALL new carpet throughout! The kitchen features stone countertops, stainless steel appliances, and newly refinished cabinets. The primary bathroom has dual sinks, separate tub/shower, walk in closet, and newly refinished cabinets. This property has a shared driveway with an attached garage. Come take a look at this beautiful home!

Details

Property type

Single Family Residence

Est. home value

$331,690

Lot size

1,201 sq ft

Price per sq ft

$203

Year built

2007

Annual property taxes

$1,369

Monthly HOA fee

$110

Price History

11/10/2024
ArizonaRegional

ArizonaRegional #6768056

Price change
$342,000
-2.15%
11/08/2024
ArizonaRegional

ArizonaRegional #6768056

Pending
$349,500
10/28/2024
ArizonaRegional

ArizonaRegional #6768056

Listed
$349,500

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

$225,139
Asking price
$342,000
Closing costs (~8% of asking)
-$27,360
Est. remaining loan balance
-$89,501
Cash to seller
$225,139

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

August 2017

Original loan amount

$105,000

Est. remaining balance

$89,501

Interest rate

3.88%

Loan type

New Conventional, 30 year

Seller

Yael Chen and Ofer Zarif

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: 11/22/2024 at 4:30 AM

Listing updated: 11/09/2024 at 9:10 PM

Listed by: Michael Reid, Ultimate Properties, Inc. Phone #: (623) 376-8870

MLS: ArizonaRegional #6768056

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