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$512,500

Beds
3
Baths
2.0
sq ft
1,734

7936 South 7th Way, Phoenix, AZ 85042

7936 South 7th Way

Phoenix, AZ 85042

  • 93 days on market
    • Price drop $3,400↓
Welcome to this 3-bedroom, 2-bathroom home is nestled at the base of South Mountain, offering breathtaking views and easy access to nature. The spacious layout features a modern kitchen, a cozy living area, and a private backyard perfect for outdoor gatherings. With stylish finishes and abundant natural light, this home combines comfort and elegance, making it an ideal retreat for families or those seeking a peaceful oasis close to hiking trails and scenic landscapes.

Details

Property type

Single Family Residence

Est. home value

$467,526

Lot size

6,095 sq ft

Price per sq ft

$296

Year built

2016

Annual property taxes

$2,819

Monthly HOA fee

$202

Price History

09/28/2024
ArizonaRegional

ArizonaRegional #6760152

Price change
$512,500
-0.66%
09/20/2024
ArizonaRegional

ArizonaRegional #6760152

Listed
$515,900
+5.29%
03/07/2022
ArizonaRegional

ArizonaRegional #6339817

Sold
$490,000
+59.61%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Maxine O Bush Elementary School

Middle school: 

Maxine O Bush Elementary School

High school: 

South Mountain High School

Community features: 

Gated, 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

$50,427
Asking price
$512,500
Closing costs (~8% of asking)
-$41,000
Est. remaining loan balance
-$421,073
Cash to seller
$50,427

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

Seller’s Loan History

Lender

Starboard Financial Management Llc

Loan start date

December 2021

Original loan amount

$449,328

Est. remaining balance

$421,073

Interest rate

2.98%

Loan type

FHA, 30 year

Seller

Dylan Thomas

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: 12/22/2024 at 6:20 PM

Listing updated: 09/28/2024 at 12:39 PM

Listed by: Dylan Thomas, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6760152

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