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$462,963Estimated home value

Beds
2
Baths
2.0
sq ft
1,169

1 East Lexington Avenue Unit 304, Phoenix, AZ 85012

1 East Lexington Avenue Unit 304

Phoenix, AZ 85012

  • Off market
Beautiful & spacious 2bd/2ba corner unit condo in luxury high-rise in downtown Phoenix w/northeast views of Piestewa Peak & Camelback Mtn. Kitchen has Quartz counters, breakfast bar & stainless appliances. Hardwood plank flooring, two-toned paint & carpet in the bedrooms. Primary bathroom has tiled shower, separate bathtub, dual sinks & walk-in closet. Full-size stackable washer/dryer, remote controlled ceiling fans throughout & floor-to-ceiling windows. Condo comes w/2 assigned parking spaces & storage area. Luxury high-rise offers front desk concierge service, 24-hour fitness center, heated pool & spa, BBQ grills, TV-equipped cabanas, bike storage, club room, EV charging & dog run. HOA covers, heat, AC, sewer, water & trash. Metro Light Rail is just steps from the high-rise, 5 minutes to freeway & walking distance to restaurants & shops.

Details

Property type

Condominium

Est. home value

$462,963

Lot size

1,107 sq ft

Price per sq ft

$427

Year built

2008

Annual property taxes

$3,351

Monthly HOA fee

$807.27

Price History

07/03/2024
ArizonaRegional

ArizonaRegional #6707080

Removed
$499,000
05/17/2024
ArizonaRegional

ArizonaRegional #6707080

Listed
$499,000
+66.33%
02/12/2021
ArizonaRegional

ArizonaRegional #6109373

Sold
$299,999
+8.3%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Osborn Middle School

High school: 

Central High School

Community features: 

Gated, 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

$190,592
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$268,488
Cash to seller
$190,592

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

Seller’s Loan History

Lender

Nova Financial & Investment Corp

Loan start date

January 2021

Original loan amount

$290,999

Est. remaining balance

$268,488

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Willard Douglas Kerr

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: Off Market

Tomo last checked: 07/04/2024 at 10:45 AM

Listing updated: 06/17/2024 at 6:53 PM

Listed by: Robert C Peebles, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6707080

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