tomo logo

$440,000

Beds
3
Baths
2.0
sq ft
1,494

8733 West Orchid Lane, Peoria, AZ 85345

8733 West Orchid Lane

Peoria, AZ 85345

  • 38 days on market
    • Price drop $5,000↓
Check out this adorable single-level, NO HOA residence in Peoria! This property displays a 2-car garage with attached cabinets, an RV gate and additional slab parking space in front of the house and behind the RV gate. Upon entering, you'll immediately notice the inviting living room with tile flooring and vaulted ceilings that add to the airy feel. Remodeled in 2024 kitchen offers plenty of cabinet space, granite counters, stainless steel appliances, and a bright dining area with sliding glass doors that open to the back patio. Venture to the sizable primary bedroom, which includes plush carpet, a private bathroom with dual sinks, and a combination of shower & tub remodeled March of 2024. Elegant tile was laid in 2023 and fresh white coat of paint. In 2020 the seller replaced shingles and roof underlayment and 2022 new water heater. Finally, the backyard boasts a covered patio and a fenced swimming pool, perfect for year-round enjoyment. What are you waiting for? This value won't disappoint!

Details

Property type

Single Family Residence

Est. home value

$375,105

Lot size

8,093 sq ft

Price per sq ft

$295

Year built

1988

Annual property taxes

$966

Price History

06/29/2024
ArizonaRegional

ArizonaRegional #6710978

Price change
$440,000
-1.12%
06/20/2024
ArizonaRegional

ArizonaRegional #6710978

Price change
$445,000
-1.11%
06/02/2024
ArizonaRegional

ArizonaRegional #6710978

Price change
$450,000
-2.17%

Schools & Community

Elementary school: 

Cotton Boll School

Middle school: 

Cotton Boll School

High school: 

Peoria High School

High school district: 

Peoria Unified 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

$219,592
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$185,208
Cash to seller
$219,592

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

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

September 2020

Original loan amount

$202,000

Est. remaining balance

$185,208

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Khadijeh Hemadi and Nadar Sharafi

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: 07/04/2024 at 12:20 PM

Listing updated: 06/29/2024 at 4:03 PM

Listed by: Olga E Boyke, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6710978

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