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$390,000

Beds
3
Baths
2.0
sq ft
1,317

7939 West Cheery Lynn Road, Phoenix, AZ 85033

7939 West Cheery Lynn Road

Phoenix, AZ 85033

  • 182 days on market
    • Price drop $30,000↓
Spacious home near shopping centers, Loop 101 and I-10. Move-in ready with stainless steel appliances in kitchen, fireplace, laminate flooring in high traffic areas; no HOA; RV gate; N/S exposure; Come see for yourself.

Details

Property type

Single Family Residence

Est. home value

$342,948

Lot size

7,471 sq ft

Price per sq ft

$297

Year built

1962

Annual property taxes

$1,023

Price History

06/24/2024
ArizonaRegional

ArizonaRegional #6706068

Price change
$390,000
-7.14%
05/16/2024
ArizonaRegional

ArizonaRegional #6706068

Listed
$420,000
+20.34%
08/29/2022
ArizonaRegional

ArizonaRegional #6429844

Sold
$349,000
+134.23%

Schools & Community

Neighborhood: 

Maryvale

Elementary school: 

Cartwright School

Middle school: 

Estrella Middle School

High school: 

Trevor Browne High School

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

$26,299
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$332,501
Cash to seller
$26,299

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$342,678

Est. remaining balance

$332,501

Interest rate

5.81%

Loan type

FHA, 30 year

Seller

Salvador B Rodriguez Vargas

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: 11/14/2024 at 3:20 PM

Listing updated: 08/26/2024 at 8:16 PM

Listed by: Dora Rodriguez, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6706068

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