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$385,000

Beds
2
Baths
2.0
sq ft
937

1025 East Highland Avenue Unit 6, Phoenix, AZ 85014

1025 East Highland Avenue Unit 6

Phoenix, AZ 85014

  • 85 days on market
Discover this stunning, recently updated townhome in the highly sought-after Central Phoenix area. Perfectly situated near the Biltmore, Downtown, and with easy access to the 51 freeway, you'll be just moments away from top-notch restaurants and exciting events. This property is an excellent investment opportunity for either short-term or long-term vacation rentals. Comes with ALL appliances, an end unit position close to the pool and parking, this townhome offers both convenience and charm. Don't miss out—this gem won't be available for long!

Details

Property type

Townhouse

Est. home value

$351,740

Lot size

599 sq ft

Price per sq ft

$411

Year built

1985

Annual property taxes

$972

Monthly HOA fee

$300

Price History

08/29/2024
ArizonaRegional

ArizonaRegional #6745388

Listed
$385,000
+14.93%
09/17/2021
ArizonaRegional

ArizonaRegional #6276934

Sold
$335,000
+15.22%
04/14/2021
ArizonaRegional

ArizonaRegional #6202819

Sold
$290,747
+32.16%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Park School

Middle school: 

Madison Park School

High school: 

Central High School

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

$52,054
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$302,146
Cash to seller
$52,054

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

September 2021

Original loan amount

$324,750

Est. remaining balance

$302,146

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Jessica M Ramaglia

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?

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Status: Active

Tomo last checked: 11/22/2024 at 2:10 PM

Listing updated: 10/14/2024 at 12:28 AM

Listed by: Marquel Layton, Barrett Real Estate Phone #: (480) 864-2100

MLS: ArizonaRegional #6745388

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