5034 S 11th Place, Phoenix, AZ 85040

$394,000
4
BD
2
BA
1,373
SqFt

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List Price
$394,000
Days on Market
14
Status
ACTIVE
MLS#
7054203
City
Phoenix
Bedrooms
4
Bathrooms
2
Living SQFT
1,373
Lot Size
4,500
Subdivision
Romley Estates
Year Built
2019
Type
Single Family Residence

Property Description

SELLER OFFERING UP TO $15,000 IN BUYER INCENTIVES AND PAYOFF SOLAR PANEL! Use it toward closing costs, buying down your interest rate for a lower monthly payment, the choice is yours. Beautifully maintained and priced below its recent pre-listing appraisal, this move-in ready 4-bedroom, 2-bath home in the gated Romley Estates community offers exceptional value in today's market. Built in 2019, the thoughtfully designed 1,373 sq. ft. open floor plan features a bright eat-in kitchen with white shaker cabinetry, granite countertops, stainless steel appliances, a breakfast bar, and an inviting great room that's perfect for everyday living and entertaining. The spacious primary suite includes dual sinks, a private toilet room, and a walk-in closet. Additional features include wood-look flooring throughout, high ceilings, a covered front porch, covered back patio, low-maintenance synthetic turf, and a two-car garage. One of this home's additional advantages is its 3.6kW rooftop solar system, financed at an exceptionally low 2.99% interest rate with an approximate payment of just $84.80 per month. Recent SRP summer electric bills were approximately $114-$181 during peak cooling months, helping keep energy costs manageable. Buyers may assume the existing low-interest solar financing or apply the seller's concession toward paying off the remaining solar balance. Whether you're looking to reduce your upfront cash needed to close, secure a lower monthly mortgage payment through an interest-rate buy-down, or eliminate the solar loan altogether, this flexible $15,000 seller contribution gives you options that are increasingly valuable in today's market. Located in a gated community with a low HOA and priced below its recent pre-listing appraisal, this home combines modern finishes, financial flexibility, and outstanding value.

Additional Information

Elementary School
Irene Lopez School
High School
South Mountain High School
Middle School
Irene Lopez School
Acres
0.10
Assoc Fee Includes
No Fees
Hoa Fee
$104
Hoa Fee Frequency
Monthly
Hoa
Yes
Hoa Name
Romeny Estates
Builder Name
Copper Sky Homes
Construction
Wood Frame, Painted, Vinyl Siding
Cooling
Central Air
Fencing
Block
Flooring
Linoleum, Tile
Garage Spaces
2
Heating
Electric
Laundry
Washer Hookup
Living Area
1,373
Lot Size
4,500
New Financing
Cash, VA Loan, FHA, Conventional
Lot Features
Gravel/Stone Front, Gravel/Stone Back, Grass Front, Synthetic Grass Back
Roofing
Composition
Spa
None
Stories
1
Subdivision
Romley Estates
Taxes
$2,300
Tax Year
2025
Water
Public

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Calculator source: Real Geeks

Listing courtesy of HomeSmart.

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