tomo logo

$404,742

Beds
1
Baths
1.0
sq ft
734

1 East Lexington Avenue Unit 1507, Phoenix, AZ 85012

1 East Lexington Avenue Unit 1507

Phoenix, AZ 85012

  • <1 day on market
Stunning 15th floor (North facing) 1 bedroom/1 bath unit w/ high industrial ceilings & walls of glass make this complex unique with incredible, breathtaking views all around. Bathroom has tiled, walk in shower with large vanity/counter space. Kitchen has stainless steel appliances w/ built in microwave & glass top range, breakfast bar, modern cabinets & dining room nook. Seller just painted the interior, installed new flooring with new baseboards, quartz countertops with kitchen backsplash, new faucets, & pendant lighting. Washer/dryer included. Patio overlooking Piestewa Peak, Central Ave & uptown Phoenix. 2 parking spaces provided. Community amenities include concierge, gym, yoga/media room, resort pool, BBQ areas, & business meeting space.

Details

Property type

Condominium

Est. home value

$402,483

Lot size

703 sq ft

Price per sq ft

$552

Year built

1974

Annual property taxes

$2,971

Monthly HOA fee

$521.14

Price History

01/24/2025
ArizonaRegional

ArizonaRegional #6809888

Listed
$404,742
+54.48%
11/07/2018
ArizonaRegional

ArizonaRegional #5826413

Sold
$262,000
+9.17%
07/31/2015
ArizonaRegional

ArizonaRegional #5255181

Sold
$240,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Clarendon School

High school: 

Central High School

Community features: 

Gated, Clubhouse, Fitness Center, Pool

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

$143,042
Asking price
$404,742
Closing costs (~8% of asking)
-$32,379
Est. remaining loan balance
-$229,321
Cash to seller
$143,042

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$245,200

Est. remaining balance

$229,321

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Jyoti Jalali

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: 01/23/2025 at 10:50 PM

Listing updated: 01/23/2025 at 8:05 PM

Listed by: Gregory Yurkovic, Platinum Realty Group Phone #: (602) 920-9737

MLS: ArizonaRegional #6809888

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