tomo logo

$875,000

Beds
3
Baths
2.0
sq ft
2,513

7810 North 16th Lane, Phoenix, AZ 85021

7810 North 16th Lane

Phoenix, AZ 85021

  • 40 days on market
New, beautiful dark grey roof installed 2024, plumbing upgraded 2024, new electrical panel added 2024! This property features a tastefully renovated chef's kitchen adorned with quartz countertops, antique brass finishes, gas range, wine fridge and bar area. Upon entering you are greeted by the cozy formal living room with fireplace which then transitions into the open concept kitchen and expansive great room. French doors connect the great room to the large outdoor patio which offers optimal space for entertaining. The lush green yard includes a 2023 sprinkler system and has plenty of room for the addition of a pool. Additional upgrades include; a new 2022 HVAC system, new flooring in 2020, 2020 kitchen remodel, bathrooms upgraded in 2020, 16 new windowpanes and seals installed in 2024. door opener and 16 new windows to be installed mid-March, water softener, RO system and more.

Details

Property type

Single Family Residence

Est. home value

$816,230

Lot size

0.32 acres

Price per sq ft

$349

Year built

1952

Annual property taxes

$3,842

Price History

10/09/2024
ArizonaRegional

ArizonaRegional #6768495

Listed
$875,000
-2.67%
06/15/2024
ArizonaRegional

ArizonaRegional #6676705

Removed
$899,000
04/25/2024
ArizonaRegional

ArizonaRegional #6676705

Price change
$899,000
+1.58%

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Orangewood School

Middle school: 

Royal Palm Middle School

High school: 

Washington High School

High school district: 

Glendale 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

-$57,549
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$862,549
Cash to seller
-$57,549

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

June 2022

Original loan amount

$895,000

Est. remaining balance

$862,549

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Mary Morgan Weed and Jacob Brown

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: 11/19/2024 at 4:30 AM

Listing updated: 11/14/2024 at 2:45 PM

Listed by: Scott Grimes, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6768495

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