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$1,349,000

Beds
4
Baths
4.5
sq ft
4,077

10302 South 16th Avenue, Phoenix, AZ 85041

10302 South 16th Avenue

Phoenix, AZ 85041

  • 143 days on market
    • Price drop $26,000↓
INCREDABLE luxury home nestled on the side of South Mountain overlooking downtown Phoenix. Owners have spent the past two years returning the home to its original territorial style with new travertine flooring throughout, new interior paint, bath fixtures, door hardware, numerous upgraded lighting fixtures and the primary shower and garden tub remodeled. Great entertaining home from the huge dining and family rooms to the incredible chefs kitchen with GE Monogram appliances. Back yard is truly resort style with infinity edge pool, separate in ground spa, fire pit and outdoor kitchen. The rooftop deck offers incredible views from downtown phoenix to the South Mountains. Oversize 4 car garages for all your toys too.

Details

Property type

Single Family Residence

Est. home value

$1,035,586

Lot size

0.37 acres

Price per sq ft

$331

Year built

2005

Annual property taxes

$7,825

Monthly HOA fee

$100

Price History

08/16/2024
ArizonaRegional

ArizonaRegional #6713642

Price change
$1,349,000
-1.89%
06/18/2024
ArizonaRegional

ArizonaRegional #6713642

Listed
$1,375,000
+25%
05/04/2022
ArizonaRegional

ArizonaRegional #6371947

Sold
$1,100,000

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Roosevelt Elementary School

Middle school: 

Phoenix Coding Academy

High school: 

Cesar Chavez High School

Community features: 

Gated

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

$193,437
Asking price
$1,349,000
Closing costs (~8% of asking)
-$107,920
Est. remaining loan balance
-$1,047,643
Cash to seller
$193,437

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2022

Original loan amount

$1,100,000

Est. remaining balance

$1,047,643

Interest rate

3.92%

Loan type

VA, 30 year

Seller

Douglas Caldwell Jr and Shioney Latham

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: 11/08/2024 at 9:10 AM

Listing updated: 09/10/2024 at 8:04 AM

Listed by: John A Carpenter, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6713642

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