tomo logo

$329,000

Beds
2
Baths
2.0
sq ft
1,128

850 South River Drive Unit 1075, Tempe, AZ 85281

850 South River Drive Unit 1075

Tempe, AZ 85281

  • 82 days on market
    • Price drop $6,000↓
Beautifully remodeled ground-level condo available for sale in Tempe! New waterproof vinyl plank flooring, quartz countertops, new kitchen cabinets, new appliances, new washer and dryer, stainless steel sink & gooseneck faucet, in-ceiling LED lighting, wood-burning fireplace, built-in shelves, new fireplace mantel, new interior paint, new bathroom vanities, AC replaced in 2021, newer water heater, Ring Doorbell & more! Kitchen opened up to allow more usable space with a convenient breakfast bar. Two master bedrooms with their own en suite bathrooms. 3 separate patios. 2 Community Pools. 1 Clubhouse. This unit is extremely clean and feels new! Home is perfectly located next to the Tesla Dealership off of McClintock and University Ave just minutes from ASU. This is a must see!

Details

Property type

Condominium

Est. home value

$324,981

Lot size

1,120 sq ft

Price per sq ft

$292

Year built

1983

Annual property taxes

$1,077

Monthly HOA fee

$218

Price History

10/25/2024
ArizonaRegional

ArizonaRegional #6749321

Price change
$329,000
-1.79%
10/14/2024
ArizonaRegional

ArizonaRegional #6749321

Price change
$335,000
-1.44%
10/14/2024
ArizonaRegional

ArizonaRegional #6749321

Listed
$339,900

Schools & Community

Neighborhood: 

Escalante

Elementary school: 

Flora Thew Elementary School

Middle school: 

Connolly Middle School

High school: 

McClintock High School

Community features: 

Gated, Clubhouse

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

$117,832
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$184,848
Cash to seller
$117,832

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

November 2020

Original loan amount

$202,500

Est. remaining balance

$184,848

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Kayla A Chester

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 8:15 AM

Listing updated: 11/09/2024 at 4:30 PM

Listed by: Michael Hoffman, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6749321

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