tomo logo

$534,700

Beds
4
Baths
2.0
sq ft
1,824

8868 West Karen Lee Lane, Peoria, AZ 85382

8868 West Karen Lee Lane

Peoria, AZ 85382

  • 21 days on market
    • Price drop $15,000↓
Welcome to this fantastic 4-bedroom home on a coveted corner lot! This gem displays a 3-car garage and an inviting front porch, perfect for your morning coffee. The immaculate interior boasts spacious living areas adorned with vaulted ceilings, a cozy fireplace, and soothing paint tones complemented by wood-style flooring. Kitchen is fully equipped with sleek granite counters, recessed & lovely light fixtures, white cabinetry, a Travertine tile backsplash, an island with a breakfast bar, and a bright breakfast nook with a bay window. You'll love to retreat in the carpeted main suite, offering an ensuite and a walk-in closet. The entertainer's backyard comes with a covered patio, a fenced pool, and lots of space for more outdoor activities! This incredible gem is the one!

Details

Property type

Single Family Residence

Est. home value

$486,820

Lot size

7,700 sq ft

Price per sq ft

$294

Year built

1994

Annual property taxes

$1,888

Price History

11/15/2024
ArizonaRegional

ArizonaRegional #6777226

Price change
$534,700
-2.73%
11/01/2024
ArizonaRegional

ArizonaRegional #6777226

Listed
$549,700
+9.94%
04/08/2022
ArizonaRegional

ArizonaRegional #6354941

Sold
$500,000

Schools & Community

Elementary school: 

Desert Harbor Elementary School

Middle school: 

Desert Harbor Elementary School

High school: 

Sunrise Mountain 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

$39,533
Asking price
$534,700
Closing costs (~8% of asking)
-$42,776
Est. remaining loan balance
-$452,391
Cash to seller
$39,533

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

Seller’s Loan History

Lender

Lhm Financial Corp

Loan start date

April 2022

Original loan amount

$475,000

Est. remaining balance

$452,391

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Karar R Al Alaki and Zainab Al Kinani

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 9:00 AM

Listing updated: 11/18/2024 at 8:10 PM

Listed by: Marshal C Nathe, Keller Williams Northeast Realty Phone #: (623) 399-9949

MLS: ArizonaRegional #6777226

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