tomo logo

$532,000

Beds
3
Baths
2.5
sq ft
1,588

7 West Sarah Lane, Tempe, AZ 85284

7 West Sarah Lane

Tempe, AZ 85284

  • 155 days on market
    • Price drop $8,000↓
With a recent price reduction, this home offers incredible value in one of Tempe's most desirable neighborhoods! This updated 3-bedroom, 2-bathroom residence now boasts freshly repainted walls throughout the entire downstairs, adding a modern and inviting touch. Enjoy the convenience of being within walking distance to the popular Postino wine café and easy access to the nearby canal for walking or biking. Families will love the close proximity to the neighborhood elementary school, two parks perfect for outdoor activities, and even friendly neighborhood horses for a touch of charm. HVAC replaced in 2020. Landscaping, including irrigation and tree trimming, entirely covered by HOA!

Details

Property type

Single Family Residence

Est. home value

$473,045

Lot size

4,468 sq ft

Price per sq ft

$336

Year built

1988

Annual property taxes

$3,110

HOA fee

$220

Price History

01/21/2025
ArizonaRegional

ArizonaRegional #6734133

Price change
$532,000
-1.48%
12/10/2024
ArizonaRegional

ArizonaRegional #6734133

Removed
$540,000
12/08/2024
ArizonaRegional

ArizonaRegional #6734133

Listed
$540,000

Schools & Community

Elementary school: 

Kyrene de la Mariposa School

Middle school: 

Kyrene del Pueblo Middle School

High school: 

Corona Del Sol High School

Community features: 

Pool

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

$180,888
Asking price
$532,000
Closing costs (~8% of asking)
-$42,560
Est. remaining loan balance
-$308,552
Cash to seller
$180,888

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

Seller’s Loan History

Lender

Nfm Lending

Loan start date

December 2021

Original loan amount

$330,000

Est. remaining balance

$308,552

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Richard Maack and Kayla Maack

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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1250 North Abbey Lane Unit 284, Chandler, AZ 85226

Status: Active

Tomo last checked: 01/22/2025 at 4:55 AM

Listing updated: 01/21/2025 at 2:45 PM

Listed by: Gabrielle Bruner, DeLex Realty Phone #: (602) 910-3002

MLS: ArizonaRegional #6734133

ArizonaRegional logo

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