tomo logo

$529,900

Beds
2
Baths
2.0
sq ft
1,297

1 East Lexington Avenue Unit 701, Phoenix, AZ 85012

1 East Lexington Avenue Unit 701

Phoenix, AZ 85012

  • <1 day on market
Highly desirable URBAN luxury living w/AMAZING VIEWS in the heart of MIDTOWN featuring an OPEN floorplan w/HARDWOOD flooring, NO CARPET, 11ft+ Vaulted Ceilings, Modern WHITE Cabinetry, Quartz Countertops, Newer Appliances w/Washer & Dryer, LED Lighting, Upgraded Baths, Custom Walk-in Closet, NEW INTERIOR PAINT, 2-Gated Garage Spaces, +3ftx4ftx3ft Locker +Bike Storage, CONCRETE & STEEL building construction w/Energy Efficiency - Electric Utility is VERY LOW ($60-$100) monthly, Front Desk Concierge, 24hr-Fitness Center, Heated Pool & SPA, BBQ Grill Stations, FIREPIT, TV-Equipped Poolside Cabanas, Club Rooms, Bark Park, EV Charging, STRONG BUILDING SECURITY MEASURES, Close to EVERYTHING EXCITING - Shopping, Dining, Sports Arenas, Museums, Night Life, Parks, Light Rail Transit & So Much MORE!

Details

Property type

Condominium

Est. home value

$490,556

Lot size

1,238 sq ft

Price per sq ft

$409

Year built

2008

Annual property taxes

$2,315

Monthly HOA fee

$920.87

Price History

01/07/2025
ArizonaRegional

ArizonaRegional #6801322

Listed
$529,900
-2.77%
11/17/2024
ArizonaRegional

ArizonaRegional #6710948

Removed
$545,000
07/10/2024
ArizonaRegional

ArizonaRegional #6710948

Listed
$545,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Clarendon 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

$4,102
Asking price
$529,900
Closing costs (~8% of asking)
-$42,392
Est. remaining loan balance
-$483,406
Cash to seller
$4,102

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

Seller’s Loan History

Lender

Central Trust Bank

Loan start date

May 2022

Original loan amount

$504,400

Est. remaining balance

$483,406

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Sasha Andersen and Jeff Ginbey

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: 01/08/2025 at 1:15 PM

Listing updated: 01/07/2025 at 4:11 PM

Listed by: Chris DeFreitas, West USA Realty Phone #: (480) 948-5554

MLS: ArizonaRegional #6801322

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