tomo logo

$309,000

Beds
2
Baths
2.0
sq ft
1,128

850 South River Drive Unit 1066, Tempe, AZ 85281

850 South River Drive Unit 1066

Tempe, AZ 85281

  • 49 days on market
    • Price drop $10,000↓
CHARMING 2-BEDROOM CONDO NEAR ASU AND 101 FREEWAY - This cozy condo features 1100+ square feet, two spacious primary bedrooms, each with its own en suite bathroom and newer vinyl plank flooring. The inviting living area includes a fireplace and neutral tile. The eat-in kitchen features granite countertops, built-in microwave, a newer dishwasher and includes the refrigerator. The convenient in-unit laundry is complete with a washer and dryer. Located just minutes from ASU and with easy access to the 101 freeway, this condo is ideal for students, professionals, or anyone seeking a prime location.

Details

Property type

Condominium

Est. home value

$317,072

Lot size

112 sq ft

Price per sq ft

$274

Year built

1983

Annual property taxes

$1,245

Monthly HOA fee

$218

Price History

10/18/2024
ArizonaRegional

ArizonaRegional #6765982

Price change
$309,000
-3.13%
10/04/2024
ArizonaRegional

ArizonaRegional #6765982

Listed
$319,000
+115.3%
07/20/2016
ArizonaRegional

ArizonaRegional #5455278

Sold
$148,165

Schools & Community

Neighborhood: 

Escalante

Elementary school: 

Flora Thew Elementary School

Middle school: 

Connolly Middle School

High school: 

McClintock High School

Community features: 

Gated

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

$193,235
Asking price
$309,000
Closing costs (~8% of asking)
-$24,720
Est. remaining loan balance
-$91,045
Cash to seller
$193,235

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

Seller’s Loan History

Lender

South Pacific Financial Corp

Loan start date

June 2016

Original loan amount

$111,123

Est. remaining balance

$91,045

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Paul Sundin and Angela Sundin

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 8:10 AM

Listing updated: 10/18/2024 at 6:05 AM

Listed by: Amber Smale, Realty ONE Group Phone #: (480) 321-8100

MLS: ArizonaRegional #6765982

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