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***This property is occupied, do not bother them.

This is a solid brick house with a Brand New roof (3 months old) with a pool. The Cons: The owner of this house changed the floor plan to match his bachelor lifestyle, so count on having to redo the floor plan to make it flow better. Also, the pool was converted into a koi pond (Whyyyyyyyy??? lol). There is a post occupancy agreement signed with our occupant. See below for more details.

*This will be sold on an assignment of contract. Memorandum has been filed with the county.

ADDRESS

• 1015 E Loyola St, Tempe AZ 85282
• Northeast of Southern & Rural

PRICING

• ARV: $540,000 or more. There is a similar Pending at $582,000
• Asking $369,000 (Or Highest And Best on August 24th)
• Buy it Now for $425,000 and stop all other offers.

COMPS

•  244 E Concorde Dr- PENDING at $582,000 - (No Pool- Very similar 200sf larger)
•  1025 E Balboa Cir - Sold $542k on 02/08/21 - (Full Reno- 250sf larger- No Pool)
•  1046 E Wesleyan Dr - Sold $521k 04/26/2021 - (Smaller house & Lot- Full Reno w/ pool)
•  1135 E Balboa Cir - Sold $530k on 07/14/21 - (Full Reno w/ Pool))
•  936 E Wesleyan Dr - Sold $469k 02/12/2021 - (Smaller lot, Full Reno no pool)
•  905 E Wesleyan Dr - Sold $444,500 07/6/2021 - (Investor Bought, Full Reno no pool)

PHOTOS & VIDS

• Click Here

HOW TO BUY

• We Will Accept HIGHEST AND BEST OFFER on Tuesday August 24th.
• Or you can buy it now and stop all incoming bids.
• We Don't do bidding wars, so make sure to get your highest offer in the first time.
• ALL OFFERS MUST BE SUBMITTED ON THIS PAGE.

CONDITION INFO

• Property is sold in As-Is Condition, and buyers agree to do their own due-diligence and inspections.
• New roof 3 months ago.
• Was 3 bedrooms but was converted into a single bedroom plus an office
• AC does work, but he blocked off all the vents except in the bedroom & office
• There is no carport or garage.
• Has a pool, but was turned into a koi pond.
• Backyard has lots & lots of stuff
• Storage container in back may, or may not, still be there
• Has built in gun safes that he would like to keep if we rip them out.
• See Pictures and videos above.

OCCUPANCY INFO

• Occupied. DO NOT BOTHER OCCUPANTS
• We will setup a walkthrough most likely on Saturday for everyone.

Closing Date & Post Occupancy Agreement

• Closing will be a flexible date on or before September 15th
• There is a Post Occupancy Agreement signed with Occupants with following terms
• $5,000 holdback in escrow
• Final Move Out October 15th 2021.
• Then $150 per day until occupant is out
• 7 days later, occupants lose their $5k holdback deposit and you can start eviction.

TERMS

• Cash or Hard Money only
• Once offer is accepted, you must place $10,000 non-refundable deposit in escrow.
• Must be able to close within 48 hours of title company/attorney being ready. (Unless we agree on a specific closing date)
• Price is Net to Seller/Assignor and Buyer/Assignee paying all closing costs.
• Property taxes will be prorated to the day of closing.
• Property is Sold in As Is Condition with no warranties or guarantees made by seller
• If we don’t own the property, we will be assigning over our purchase agreement to an end buyer for an assignment fee.
• Please read additional terms below.