tomo logo

$349,000

Beds
2
Baths
2.0
sq ft
1,130

850 South River Drive Unit 2075, Tempe, AZ 85281

850 South River Drive Unit 2075

Tempe, AZ 85281

  • 67 days on market
Located in a prime Tempe location near ASU, this updated condominium offers the ultimate in convenience and comfort. Enjoy easy access to renowned restaurants, shopping centers, and the 101 freeway. The kitchen has been recently upgraded with new cabinets, granite countertops, and stainless steel appliances, complemented by a new water heater for added efficiency. This turnkey property is being sold fully furnished, complete with a one-year-old 85'' TV included. Featuring 2 master bedrooms, each with its own bath and walk-in closet, this home offers flexibility and privacy. Relax on one of the two balconies or take advantage of the included washer and dryer for added convenience. Ideal for students, professionals, or anyone seeking a vibrant urban lifestyle, this residence combine combines modern amenities with a superb location. Don't miss out on this opportunity to live just minutes from ASU and within close proximity to dining, entertainment, and transportation options in Tempe.

Details

Property type

Condominium

Est. home value

$322,669

Lot size

1,120 sq ft

Price per sq ft

$309

Year built

1983

Annual property taxes

$1,080

Monthly HOA fee

$218

Price History

07/16/2024
ArizonaRegional

ArizonaRegional #6727225

Listed
$349,000
+10.79%
02/10/2023
ArizonaRegional

ArizonaRegional #6508570

Sold
$315,000

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

$110,098
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$210,982
Cash to seller
$110,098

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

February 2023

Original loan amount

$215,000

Est. remaining balance

$210,982

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Donald Robert Hudson

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: 09/20/2024 at 8:20 PM

Listing updated: 09/01/2024 at 7:42 PM

Listed by: Lobna Hanoneh, Citiea Phone #: (480) 870-3110

MLS: ArizonaRegional #6727225

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