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$549,000

Beds
2
Baths
2.0
sq ft
1,261

1 East Lexington Avenue Unit 601, Phoenix, AZ 85012

1 East Lexington Avenue Unit 601

Phoenix, AZ 85012

  • 95 days on market
    • Price drop $26,000↓
Experience urban living at its finest at One Lexington! With 180 degrees of city/mountain views and within a few easy steps of the light rail this loft style 2 bedroom/2 bath luxury high-rise condo will not disappoint! Featuring an open floor plan with floor to ceiling windows to capture the views, wood and tile flooring throughout, quartz countertops, stainless steel appliances, flex/office space, and lots of storage. Community amenities include a 24 hour fitness center, heated pool and spa, BBQ grill stations, TV-equipped cabanas, extra storage locker, club room, bark park, bike storage room, EV charging, and front desk concierge service.

Details

Property type

Condominium

Est. home value

$503,352

Lot size

1,238 sq ft

Price per sq ft

$436

Year built

2008

Annual property taxes

$3,659

Monthly HOA fee

$920.87

Price History

04/17/2024
ArizonaRegional

ArizonaRegional #6684019

Price change
$549,000
-4.52%
03/29/2024
ArizonaRegional

ArizonaRegional #6684019

Listed
$575,000
+17.37%
12/15/2022
ArizonaRegional

ArizonaRegional #6481398

Sold
$489,900
+44.09%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Osborn Middle School

Middle school: 

Clarendon School

High school: 

Central 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

$171,131
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$333,949
Cash to seller
$171,131

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2022

Original loan amount

$339,900

Est. remaining balance

$333,949

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Joseph M Pigeon and Linda M Pigeon

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 4:05 PM

Listing updated: 04/17/2024 at 6:33 AM

Listed by: Angela Covey, HomeSmart Phone #: (602) 889-2135

MLS: ArizonaRegional #6684019

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