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$400,000

Beds
3
Baths
2.0
sq ft
1,644

721 West 3rd Place, Mesa, AZ 85201

721 West 3rd Place

Mesa, AZ 85201

  • 2 days on market
This home is a fully assumable 4% FHA loan. No appraisal or new loan required. Home is in need of cosmetic repairs due to repipe work. Seller needs to move out of state asap, This was and can be again a beautiful home again (look at past listing photos). Sellers paid over $30K to repipe and update all the plumbing (see receipts).

Details

Property type

Single Family Residence

Est. home value

$403,512

Property condition

Fixer

Lot size

9,112 sq ft

Price per sq ft

$244

Year built

1953

Annual property taxes

$775

Price History

09/26/2024
ArizonaRegional

ArizonaRegional #6762412

Listed
$400,000
+14.61%
02/11/2021
ArizonaRegional

ArizonaRegional #6171722

Sold
$349,000
+55.11%
09/28/2020
ArizonaRegional

ArizonaRegional #6124621

Sold
$225,000

Schools & Community

Neighborhood: 

C.A.N.D.O.

Elementary school: 

Emerson Elementary School

Middle school: 

Carson Junior High School

High school: 

Westwood High School

High school district: 

Mesa Unified 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

$53,400
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$314,600
Cash to seller
$53,400

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

February 2021

Original loan amount

$342,678

Est. remaining balance

$314,600

Interest rate

2.66%

Loan type

FHA, 30 year

Seller

Gabriela C Rivero and Mark Olde Nordkamp

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: 09/28/2024 at 12:20 PM

Listing updated: 09/25/2024 at 10:19 PM

Listed by: Eric Saul, Your Home and Future, LLC Phone #: (480) 269-4107

MLS: ArizonaRegional #6762412

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