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$569,000

Beds
4
Baths
2.5
sq ft
3,399

7421 South 25th Lane, Phoenix, AZ 85041

7421 South 25th Lane

Phoenix, AZ 85041

  • 26 days on market
    • Price drop $6,000↓
Beautiful home where elegance & comfort blend seamlessly. Vaulted ceilings & tons of natural light throughout create a warm & inviting atmosphere.The GOURMET kitchen is every chef's dream, boasting a GAS range, STAINLESS appliances, custom cabinetry, center Island & granite counters- perfect for food prep or entertaining. Relax & unwind in the cozy family room featuring soaring ceilings & a GAS fireplace as the focal point. Spacious ground floor Primary suite is complete with a private bath & walk in closet. Upstairs you'll find an expansive LOFT which opens to a large balcony with stunning MOUNTAIN VIEWS. Three additional well-appointed rooms provide plenty of space for family or guests. The private fenced in backyard has a covered patio & is perfect for year round enjoyment. A Must See!

Details

Property type

Single Family Residence

Est. home value

$540,671

Lot size

0.26 acres

Price per sq ft

$168

Year built

2005

Annual property taxes

$3,634

Monthly HOA fee

$93

Price History

03/21/2025
ArizonaRegional

ArizonaRegional #6831984

Price change
$569,000
-1.04%
03/07/2025
ArizonaRegional

ArizonaRegional #6831984

Listed
$575,000
+11.43%
11/30/2021
ArizonaRegional

ArizonaRegional #6311756

Sold
$516,000
+84.29%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Ed & Verma Pastor Elementary School

Middle school: 

Ed & Verma Pastor 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

$226,587
Asking price
$569,000
Closing costs (~8% of asking)
-$45,520
Est. remaining loan balance
-$296,893
Cash to seller
$226,587

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

Seller’s Loan History

Lender

Firstbank

Loan start date

November 2021

Original loan amount

$320,000

Est. remaining balance

$296,893

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Randy Alan Parraz and Inez Parraz

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: 04/02/2025 at 9:35 PM

Listing updated: 03/21/2025 at 12:01 PM

Listed by: Marcy Murphy, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 505-6300

MLS: ArizonaRegional #6831984

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