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$348,860Estimated home value

Beds
3
Baths
2.5
sq ft
1,796

7017 South 7th Lane, Phoenix, AZ 85041

7017 South 7th Lane

Phoenix, AZ 85041

  • Sold On 4/11/2014
    • Price drop $8,388↓
Move-in ready!!! Spacious 2 story - detached condo with an attached 2 car garage. 3 Bedrooms, 2.5 baths plus loft area that could be game room, study area or? Fresh 2-tone interior paint, new carpet, new appliances. Indoor laundry for full sized washer & dryer. Private, fenced back yard. Beautiful balcony off of master bedroom. Purchase this home with as little as 5% down! Approved for Home Path Mortgage financing and Home Path Renovation Mortgage financing.

Details

Property type

Condominium

Est. home value

$348,860

Lot size

1,192 sq ft

Price per sq ft

$74

Year built

2007

Annual property taxes

$714.92

Monthly HOA fee

$77.33

Price History

12/21/2024
ArizonaRegional

ArizonaRegional #6768058

Removed
$362,000
11/08/2024
ArizonaRegional

ArizonaRegional #6768058

Price change
$362,000
-2.03%
10/08/2024
ArizonaRegional

ArizonaRegional #6768058

Listed
$369,500
+195.6%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Roosevelt Elementary School

Middle school: 

John R Davis 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

$1,809
Asking price
$131,500
Closing costs (~8% of asking)
-$10,520
Est. remaining loan balance
-$119,171
Cash to seller
$1,809

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

$119,171

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?

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Status: Off Market

Tomo last checked: 12/22/2024 at 1:40 PM

Listing updated: 11/18/2023 at 7:42 AM

Listed by: Jerry A. Humphrey, Phone #: (480) 688-3888

MLS: ArizonaRegional #5065352

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