tomo logo

$725,000

Beds
4
Baths
3.0
sq ft
2,450

7708 South Terrace Road, Tempe, AZ 85284

7708 South Terrace Road

Tempe, AZ 85284

  • 36 days on market
    • Price drop $24,900↓
Prime Location in Tempe! Available now in the desirable 85284 area, this expansive single-story home features a stunning backyard oasis and is located within the highly acclaimed Kyrene School District. Local schools include Waggoner and KMS, with Corona del Sol just down the street. As you arrive, you'll be charmed by the inviting South Tempe atmosphere, known for its friendly community and beautiful desert landscapes. Enjoy nearby parks, walking trails, and recreational facilities that make this area ideal for outdoor enthusiasts. The vibrant dining and shopping options in the area provide convenience and variety, ensuring you'll have everything you need close to home. Step inside to experience a bright, open layout filled with natural light and lovely views of the sparkling pool. This thoughtfully designed home boasts a split floor plan, placing the primary suite and its attached bonus room away from the secondary bedrooms. This versatile bonus space can serve as an office, nursery, or workout area. Additionally, there's another bonus room near the entry, perfect for your needs. The expansive covered patio provides ample room for outdoor living and entertaining. With tasteful upgrades and unique character, this home offers qualities that are often hard to find in new constructions. Don't miss out on this exceptional opportunity to live in a thriving community!

Details

Property type

Single Family Residence

Est. home value

$719,770

Lot size

0.26 acres

Price per sq ft

$296

Year built

1981

Annual property taxes

$3,254

Price History

11/07/2024
ArizonaRegional

ArizonaRegional #6771435

Price change
$725,000
-3.32%
10/17/2024
ArizonaRegional

ArizonaRegional #6771435

Listed
$749,900
+33.91%
03/20/2020
ArizonaRegional

ArizonaRegional #6002613

Sold
$560,000
+53.42%

Schools & Community

Neighborhood: 

Sandahl

Elementary school: 

C I Waggoner School

Middle school: 

Kyrene Middle School

High school: 

Corona Del Sol High School

High school district: 

Tempe 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

$237,008
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$429,992
Cash to seller
$237,008

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

Seller’s Loan History

Lender

Opendoor Home Loans Llc

Loan start date

March 2020

Original loan amount

$474,682

Est. remaining balance

$429,992

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

James W Abbruscato and Amy C Abbruscato

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: 11/22/2024 at 8:20 AM

Listing updated: 11/07/2024 at 11:50 AM

Listed by: Katrina L McCarthy, Citiea Phone #: (480) 870-3110

MLS: ArizonaRegional #6771435

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