tomo logo

$304,522Estimated home value

Beds
3
Baths
2.0
sq ft
1,456

7058 South 16th Drive, Phoenix, AZ 85041

7058 South 16th Drive

Phoenix, AZ 85041

  • Sold On 8/22/2023
3 Bedroom 1.75 Bathroom Home with Fenced Front Yard next to community retention basin!! Gated Extended Driveway Offers Lots of Parking!! Open Floor Plan and Tile Throughout!! Indoor Laundry Room off of Kitchen (Washer/Dryer Hook Ups Only). Extra Room with Backyard Access can easily be converted to an Office, Den, used for Extra Storage, or an Exercise Room!! Covered Patio and Spacious Backyard with Storage Shed!! Priced to Sell ~ Don't Miss This Opportunity!!!

Details

Property type

Single Family Residence

Est. home value

$304,522

Lot size

6,255 sq ft

Price per sq ft

$200

Year built

1983

Annual property taxes

$729

Price History

12/21/2024
ArizonaRegional

ArizonaRegional #6791215

Removed
$299,900
12/13/2024
ArizonaRegional

ArizonaRegional #6791215

Price change
$299,900
-5.54%
12/05/2024
ArizonaRegional

ArizonaRegional #6791215

Listed
$317,500
+4.27%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Roosevelt Elementary School

Middle school: 

Ignacio Conchos School

High school: 

Cesar Chavez High School

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

$185,356
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$81,444
Cash to seller
$185,356

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

Seller’s Loan History

Lender

Indymac Bank Fsb

Loan start date

March 2008

Original loan amount

$126,000

Est. remaining balance

$81,444

Interest rate

5.69%

Loan type

Not Provided, 30 year

Seller

Maria Mireles

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$299,999
3 bd
|
2 ba
|
1,161 sq ft
|
House

802 West Pueblo Avenue, Phoenix, AZ 85041

Price drop
ArizonaRegional
$335,500
3 bd
|
1.75 ba
|
1,825 sq ft
|
House

602 West Paseo Way, Phoenix, AZ 85041

ArizonaRegional
$300,000
3 bd
|
2 ba
|
1,664 sq ft
|
House

8421 South 6th Avenue, Phoenix, AZ 85041

Status: Off Market

Tomo last checked: 12/22/2024 at 9:40 AM

Listing updated: 11/20/2023 at 5:28 PM

Listed by: Diana French, Real Property Management Evolve Phone #: (602) 368-5730

MLS: ArizonaRegional #6559484

ArizonaRegional logo