tomo logo

$624,900

Beds
4
Baths
2.0
sq ft
2,140

8432 South 16th Drive, Phoenix, AZ 85041

8432 South 16th Drive

Phoenix, AZ 85041

  • 64 days on market
    • Price drop $20,100↓
Light & Bright! Wonderfully maintained Single Story 2019 Build Home. LARGE 11K+ sqft lot! Split plan w/ 4 beds, 2 baths, an Extended 3 Car w/ 3rd Bay DRIVE- Through Garage, RV Gate, and easy maintenance landscaping with scenic mountain views. Fantastic open layout with high ceilings, Upgraded flush-mounted surround sound speakers, graceful archways, wood-look tile flooring, and multi-sliders to the backyard. The kitchen is equipped with a gas cooktop, wall oven, granite counters, staggered wood cabinetry w/ crown molding, tile backsplash, recessed lighting, walk-in pantry, and an island w/ breakfast bar. The low maintenance backyard also includes a beautifully custom designed raised deck w/ built-in bench seating and attached raised garden beds to enjoy the lovely Mountain Views. This small Gated community is close to nearby parks, trails, shopping, dining, and easy access for all that Phoenix and surrounding cities have to offer. This value will not disappoint!

Details

Property type

Single Family Residence

Est. home value

$617,443

Lot size

0.26 acres

Price per sq ft

$293

Year built

2019

Annual property taxes

$3,594

Monthly HOA fee

$220

Price History

06/21/2024
ArizonaRegional

ArizonaRegional #6700946

Price change
$624,900
-3.12%
05/04/2024
ArizonaRegional

ArizonaRegional #6700946

Listed
$645,000
+51.05%
04/16/2020
ArizonaRegional

ArizonaRegional #6022125

Sold
$427,000

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Bernard Black Elementary School

Middle school: 

Bernard Black Elementary School

High school: 

Cesar Chavez 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

$321,879
Asking price
$624,900
Closing costs (~8% of asking)
-$49,992
Est. remaining loan balance
-$253,029
Cash to seller
$321,879

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

April 2020

Original loan amount

$277,000

Est. remaining balance

$253,029

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

David Paul Gilpatrick Jr and Marjaneh Gilpatrick

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

Price drop
ArizonaRegional
$600,000
4 bd
|
3.5 ba
|
2,719 sq ft
|
House

2323 West Kachina Trail, Phoenix, AZ 85041

ArizonaRegional
$639,900
4 bd
|
2.5 ba
|
2,687 sq ft
|
House

2507 West Kachina Trail, Phoenix, AZ 85041

Price drop
ArizonaRegional
$675,000
4 bd
|
2.5 ba
|
2,480 sq ft
|
House

3137 West Baseline Road, Laveen, AZ 85339

Status: Active

Tomo last checked: 07/07/2024 at 3:45 AM

Listing updated: 06/21/2024 at 11:17 AM

Listed by: Raegan Kraft, Trading Places Real Estate, L.L.C. Phone #: (480) 507-5075

MLS: ArizonaRegional #6700946

ArizonaRegional logo