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$575,000

Beds
2
Baths
2.0
sq ft
1,261

1 East Lexington Avenue Unit 1101, Phoenix, AZ 85012

1 East Lexington Avenue Unit 1101

Phoenix, AZ 85012

  • 15 days on market
Urban luxury living at your oasis in the city with million dollar views from the 11th floor of One Lexington, the premier high rise community in downtown Phoenix. This loft style contemporary is spacious and bright with floor to ceiling glass that capture dramatic views of the Phoenix City scape, along with picturesque surrounding mountain views. The kitchen is sleek and opens onto the main living space with custom cabinetry, stainless steel appliances and ample storage space. The primary bedroom windows frame the city beyond and the spa like bath has dual vanities, a soak tub, walk in shower and roomy closet space. The secondary bedroom offers flexibility and additional opportunities for endless sunsets and desert night skies.Amenities include front desk staff, a heated resort style pool and spa, built in outdoor grills, a full gym facility with free weights and a club lounge for special events, along with a dog run for your urban city furry friend. The unit has 2 assigned gated parking spaces, as well as a separate lockable storage locker. Walk or ride the light rail to sporting events, dining, theater, opera and museums: all within walking distance of your desert city oasis.

Details

Property type

Condominium

Est. home value

$516,291

Lot size

1,238 sq ft

Price per sq ft

$456

Year built

2008

Annual property taxes

$4,091

Monthly HOA fee

$920.85

Price History

06/17/2024
ArizonaRegional

ArizonaRegional #6720258

Listed
$575,000
+91.73%
05/14/2018
ArizonaRegional

ArizonaRegional #5592863

Sold
$299,900
-1.35%
12/13/2013
ArizonaRegional

ArizonaRegional #4976971

Sold
$304,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Osborn Middle School

Middle school: 

Clarendon School

High school: 

Phoenix Union Cyber High School

Community features: 

Clubhouse, Fitness Center

High school district: 

Phoenix 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

$315,752
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$213,248
Cash to seller
$315,752

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

Seller’s Loan History

Lender

Arizona Mortgage Specialists

Loan start date

May 2018

Original loan amount

$239,920

Est. remaining balance

$213,248

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Charles C White and Kathern H White

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?

Status: Active

Tomo last checked: 07/02/2024 at 4:20 PM

Listing updated: 06/17/2024 at 12:23 PM

Listed by: Wendy R Walker, The Agency Phone #: (480) 878-3000

MLS: ArizonaRegional #6720258

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