tomo logo

$320,000

Beds
2
Baths
2.0
sq ft
1,037

916 South Melody Lane, Tempe, AZ 85281

916 South Melody Lane

Tempe, AZ 85281

  • 106 days on market
This beautifully remodeled 2-bedroom, 2-bath condo is perfectly situated just minutes from Arizona State University. Close to shopping, entertainment and freeways. Primary bedroom includes a beautifully remodeled en-suite and sliding door to private patio. Includes an in-unit laundry, remodeled kitchen, and community pool. Great for a student, faculty member, or anyone looking to enjoy what Tempe has to offer.

Details

Property type

Townhouse

Est. home value

$304,157

Lot size

103 sq ft

Price per sq ft

$309

Year built

1980

Annual property taxes

$916

Monthly HOA fee

$280

Price History

08/07/2024
ArizonaRegional

ArizonaRegional #6740651

Listed
$320,000
+4.92%
04/13/2023
ArizonaRegional

ArizonaRegional #6524118

Sold
$305,000
+52.5%
01/26/2023
ArizonaRegional

ArizonaRegional #6478402

Sold
$200,000
+21.21%

Schools & Community

Neighborhood: 

Alegre Community

Elementary school: 

Flora Thew Elementary School

Middle school: 

Connolly Middle School

High school: 

Tempe High School

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

$98,008
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$196,392
Cash to seller
$98,008

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

April 2023

Original loan amount

$200,000

Est. remaining balance

$196,392

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Christopher Sean Rowden and Karolen Fisher Rowden

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 7:55 AM

Listing updated: 08/27/2024 at 3:03 PM

Listed by: Misti Moffett, Real Broker Phone #: (602) 755-3415

MLS: ArizonaRegional #6740651

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