tomo logo

$409,000

Beds
3
Baths
2.0
sq ft
1,320

8520 West Palm Lane Unit 1049, Phoenix, AZ 85037

8520 West Palm Lane Unit 1049

Phoenix, AZ 85037

  • <1 day on market
Turnkey Investment Opportunity - Remolded Fully Furnished & Move-In Ready Near State Farm Stadium and VAI Resort! Discover this hidden gem in a neighborhood that offers the perfect blend of comfort, convenience, and income potential. This newly remodeled home is fully furnished with custom interior décor and luxurious furnishings, making it move-in ready for a new homeowner or the ideal short-term rental property for savvy investors. With a successful track record as a highly-rated short-term rental, including ''Guest Favorite'' and ''Superhost'' status, this home is already optimized to generate impressive returns. Its desirable location near State Farm Stadium and the highly anticipated VAI Resort is a major draw. Fully furnished,

Details

Property type

Single Family Residence

Est. home value

$287,243

Lot size

2,243 sq ft

Price per sq ft

$310

Year built

1989

Annual property taxes

$725

Monthly HOA fee

$131

Price History

01/23/2025
ArizonaRegional

ArizonaRegional #6809183

Listed
$409,000
+43.51%
03/22/2022
ArizonaRegional

ArizonaRegional #6356015

Sold
$285,000
+63.79%
06/17/2019
ArizonaRegional

ArizonaRegional #5900313

Sold
$174,000

Schools & Community

Neighborhood: 

Maryvale

Elementary school: 

Desert Oasis Elementary School

Middle school: 

Desert Oasis Elementary School

High school: 

West Point High School

High school district: 

Tolleson 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

$125,100
Asking price
$409,000
Closing costs (~8% of asking)
-$32,720
Est. remaining loan balance
-$251,180
Cash to seller
$125,100

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

Seller’s Loan History

Lender

Synergy One Lending

Loan start date

March 2022

Original loan amount

$266,000

Est. remaining balance

$251,180

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Isaac Salazar and Alissa Salazar

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?

Status: Active

Tomo last checked: 01/22/2025 at 10:45 PM

Listing updated: 01/22/2025 at 8:40 PM

Listed by: Susan L Spillers, List With Freedom, Inc. Phone #: (855) 456-4945

MLS: ArizonaRegional #6809183

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