tomo logo

$560,000

Beds
7
Baths
4.0
sq ft
2,320

1124 East Polk Street, Phoenix, AZ 85006

1124 East Polk Street

Phoenix, AZ 85006

  • 21 days on market
LOCATION LOCATION LOCATION. Huge lot duplex in Downtown Phoenix. Investment property or Multifamily. One unit is 4 bed/2 bath, and the second is 3 bed/2 bath. Surrounded by exciting new eclectic dining options, galleries and shopping, you'll never run out of places to explore. Plus, you're just a stone's throw away from ASU's downtown campus, easy freeway access, major sporting events, concerts, and endless dining options. Don't miss out on this rare opportunity to own a piece of Phoenix history in a location that has it all - uncover the endless possibilities this property has to offer!

Details

Property type

Single Family Residence

Est. home value

$488,623

Lot size

6,875 sq ft

Price per sq ft

$242

Year built

2003

Annual property taxes

$1,707

HOA

No

Price History

02/23/2025
ArizonaRegional

ArizonaRegional #6818216

Listed
$560,000
02/15/2025
ArizonaRegional

ArizonaRegional #6818216

Pending
$560,000
02/10/2025
ArizonaRegional

ArizonaRegional #6818216

Listed
$560,000
+62.32%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Phoenix #1 iAcademy

Middle school: 

Garfield School

High school: 

Phoenix Union Bioscience 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

$215,270
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$299,930
Cash to seller
$215,270

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

August 2020

Original loan amount

$332,925

Est. remaining balance

$299,930

Interest rate

3.13%

Loan type

FHA, 30 year

Seller

Kristin Rodney

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: 03/03/2025 at 10:15 PM

Listing updated: 02/23/2025 at 7:10 AM

Listed by: Jonathan Minerick, HomeCoin.com Phone #: (888) 400-2513

MLS: ArizonaRegional #6818216

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