tomo logo

$450,000

Beds
4
Baths
2.5
sq ft
1,958

7503 South 27th Terrace, Phoenix, AZ 85042

7503 South 27th Terrace

Phoenix, AZ 85042

  • 57 days on market
MOTIVATED SELLERS - Submit your offer knowing this property, priced at $450,000, features a NEW TRANE HVAC system (valued at 30k) NEW water heater, and modern appliances—all included in the sale. The residence is in a small gated community. Appealing floor plan that includes 4bd 2.5bath, a well-designed backyard with pavers. Previous inspection report repairs have been completed, allowing you to move in with confidence and peace of mind.

Details

Property type

Single Family Residence

Est. home value

$438,756

Lot size

4,175 sq ft

Price per sq ft

$230

Year built

2011

Annual property taxes

$2,805

Monthly HOA fee

$95

Price History

10/25/2024
ArizonaRegional

ArizonaRegional #6776017

Listed
$450,000
10/22/2024
ArizonaRegional

ArizonaRegional #6722121

Removed
$450,000
10/07/2024
ArizonaRegional

ArizonaRegional #6722121

Price change
$450,000
-4.23%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

T G Barr School

Middle school: 

T G Barr School

High school: 

South Mountain High School

Community features: 

Gated

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

$233,278
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$180,722
Cash to seller
$233,278

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

March 2020

Original loan amount

$200,200

Est. remaining balance

$180,722

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Ronda E Neff and Andrew J Witte

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

ArizonaRegional
$420,000
4 bd
|
3 ba
|
1,806 sq ft
|
House

5621 South 27th Street, Phoenix, AZ 85040

ArizonaRegional
$478,000
4 bd
|
3 ba
|
2,181 sq ft
|
House

7414 South 27th Way, Phoenix, AZ 85042

Price drop
ArizonaRegional
$415,000
4 bd
|
2.5 ba
|
1,743 sq ft
|
House

2230 East Fraktur Road, Phoenix, AZ 85040

Status: Active

Tomo last checked: 12/22/2024 at 9:10 AM

Listing updated: 10/25/2024 at 3:55 PM

Listed by: Deborah Pacheco, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6776017

ArizonaRegional logo