tomo logo

$809,850

Beds
3
Baths
2.5
sq ft
2,477

8607 South 16th Drive, Phoenix, AZ 85041

8607 South 16th Drive

Phoenix, AZ 85041

  • 296 days on market
    • Price drop $50↓
EXTENSIVE UPGRADES LIST IN DOCS TAB!!! Welcome to your dream home in an exclusive gated community, right by the beautiful South Mountain Range. Enjoy stunning VIEWS of the MOUNTAINS & DOWNTOWN Phoenix from your backyard. This spacious home offers the option for bonus room to be converted to a FOURTH BEDROOM, perfect for guests or a home office. Relax in your RESORT-STYLED BACKYARD, lined by trees for added privacy. With a roomy three-car garage and a generous 1/3-ACRE LOT, storage shed, this home perfectly combines comfort and convenience. Additional amenities include a spacious storage shed, RV gate, and a covered patio adorned with sun shades - creating the ideal setting for al fresco dining or relaxation. Step inside, and the interior seamlessly blends sophistication with functionality. The wood-plank flooring adds warmth and character throughout, creating an inviting atmosphere. The heart of this home is the chef's kitchen, a culinary masterpiece equipped with quartz and granite countertops, a mini-bar for entertaining guests, a walk-in pantry, and upgraded soft-close cabinetry. The gas cook-top stove and a generously sized kitchen island complete the ensemble, making this open-concept kitchen the perfect hub for both culinary adventures and social gatherings. Versatility is a key feature of this residence, as the front office can easily be transformed into an additional bedroom, providing flexibility to accommodate your unique needs.

Details

Property type

Single Family Residence

Est. home value

$787,830

Lot size

0.35 acres

Price per sq ft

$327

Year built

2020

Annual property taxes

$3,982

Monthly HOA fee

$220

Price History

12/10/2024
ArizonaRegional

ArizonaRegional #6671297

Removed
$809,850
10/24/2024
ArizonaRegional

ArizonaRegional #6671297

Listed
$809,850
09/27/2024
ArizonaRegional

ArizonaRegional #6671297

Price change
$809,850
-0.01%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Valley View School

Middle school: 

Valley View School

High school: 

Cesar Chavez High School

Community features: 

Playground, Sidewalks

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

$385,828
Asking price
$809,850
Closing costs (~8% of asking)
-$64,788
Est. remaining loan balance
-$359,234
Cash to seller
$385,828

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

August 2020

Original loan amount

$396,286

Est. remaining balance

$359,234

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Anne M Van Leeuwen and Lynda M Sams

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: 12/23/2024 at 3:25 AM

Listing updated: 12/10/2024 at 10:02 AM

Listed by: Robert Sullivan, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 505-6300

MLS: ArizonaRegional #6671297

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