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$340,000

Beds
2
Baths
2.0
sq ft
1,088

1108 East Michigan Avenue, Phoenix, AZ 85022

1108 East Michigan Avenue

Phoenix, AZ 85022

  • Pending
    • Price drop $4,000↓
Welcome to Turtle Rock 3, an enchanting, quiet neighborhood close to shopping and downtown. The home has two bedrooms and baths, two living areas, and a kitchen with stainless appliances. NEW roof! NEW windows and sliding glass doors! NEW paint! NEW epoxied garage floor. Enjoy the private back yard with covered patio, accessed by the den and primary bedroom. A grassy park is a short walk away. Low HOA + high efficiency block construction = a smart buy.

Details

Property type

Single Family Residence

Est. home value

$349,651

Lot size

3,400 sq ft

Price per sq ft

$313

Year built

1984

Annual property taxes

$1,175

Monthly HOA fee

$45.67

Price History

07/01/2024
ArizonaRegional

ArizonaRegional #6713289

Pending
$340,000
06/24/2024
ArizonaRegional

ArizonaRegional #6713289

Price change
$340,000
-1.16%
06/20/2024
ArizonaRegional

ArizonaRegional #6713289

Price change
$344,000
-1.15%

Schools & Community

Neighborhood: 

Deer Valley

Elementary school: 

Echo Mountain Intermediate School

Middle school: 

Vista Verde Middle School

High school: 

North Canyon High School

High school district: 

Paradise Valley Unified 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

$106,316
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$206,484
Cash to seller
$106,316

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

Seller’s Loan History

Lender

Arvest Bank

Loan start date

January 2022

Original loan amount

$217,500

Est. remaining balance

$206,484

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Judy Zimet

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: Pending/Under Contract

Tomo last checked: 07/02/2024 at 9:05 AM

Listing updated: 07/01/2024 at 5:13 AM

Listed by: Judith Feuer Zimet, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 473-4900

MLS: ArizonaRegional #6713289

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