tomo logo

$369,500

Beds
3
Baths
2.5
sq ft
1,856

7017 South 7th Lane, Phoenix, AZ 85041

7017 South 7th Lane

Phoenix, AZ 85041

  • <1 day on market
Great location! Only 15 minutes from Downtown Phoenix. This 2-story home has ALL new carpet throughout and newly installed plank downstairs. It also has ALL new interior paint and refinished cabinets! The kitchen features an ALL new range/oven, new microwave, and new dishwasher! It also includes a refrigerator, eat-in-kitchen, and pantry. Upstairs features a lovely loft and a spacious balcony. The primary bathroom has dual sinks, a separate tub/shower, and a walk in closet. There is a shared driveway that connects to the garage in back. Come take a look at this amazing property!

Details

Property type

Single Family Residence

Est. home value

$348,860

Lot size

1,192 sq ft

Price per sq ft

$200

Year built

2007

Annual property taxes

$1,410

Monthly HOA fee

$110

Price History

10/08/2024
ArizonaRegional

ArizonaRegional #6768058

Listed
$369,500
+195.6%
04/11/2014
ArizonaRegional

ArizonaRegional #5065352

Sold
$125,000

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

$219,780
Asking price
$369,500
Closing costs (~8% of asking)
-$29,560
Est. remaining loan balance
-$120,160
Cash to seller
$219,780

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

Seller’s Loan History

Lender

Home American Mortgage Corp

Loan start date

November 2007

Original loan amount

$181,484

Est. remaining balance

$120,160

Interest rate

6.34%

Loan type

New Conventional, 30 year

Seller

Steven Brandt and Michelle Brandt

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: 10/08/2024 at 1:25 PM

Listing updated: 10/08/2024 at 12:12 PM

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

MLS: ArizonaRegional #6768058

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