tomo logo

$499,000

Beds
2
Baths
2.0
sq ft
1,089

1 East Lexington Avenue Unit 711, Phoenix, AZ 85012

1 East Lexington Avenue Unit 711

Phoenix, AZ 85012

  • 2 days on market
This Luxurious high rise condo at One Lexington is priced to sell! With unique floor to ceiling glass walls it offers city and mountain views to experience Arizona's world famous sunsets. In the heart of Midtown Phoenix, you are walking distance to Park Central and the light rail for quick access to downtown Phoenix, sporting arenas and concert venues. The kitchen opens up to the main living areas with plenty of natural light and amazing views. Stainless steel appliances + washer & dryer are included to make moving easy. Enjoy resort living w/ concierge, secured entry/parking, heated salt pool/spa, BBQ, dog run, gym, 2 community/office lounges & bike racks. Book your showing today and don't miss out on this amazing opportunity!

Details

Property type

Condominium

Est. home value

$469,142

Lot size

1,049 sq ft

Price per sq ft

$459

Year built

1974

Annual property taxes

$3,384

Monthly HOA fee

$764.68

Price History

07/01/2024
ArizonaRegional

ArizonaRegional #6726044

Listed
$499,000
+58.41%
07/28/2020
ArizonaRegional

ArizonaRegional #6014127

Sold
$315,000

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

$174,336
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$284,744
Cash to seller
$174,336

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2020

Original loan amount

$310,700

Est. remaining balance

$284,744

Interest rate

3.15%

Loan type

VA, 30 year

Seller

Oscar Adame

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: 07/04/2024 at 11:05 AM

Listing updated: 07/03/2024 at 5:03 PM

Listed by: Nancy Silva, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6726044

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