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$434,999

Beds
2
Baths
2.0
sq ft
1,032

1130 North 2nd Street Unit 309, Phoenix, AZ 85004

1130 North 2nd Street Unit 309

Phoenix, AZ 85004

  • 154 days on market
    • Price drop $14,950↓
This modern condo offers the perfect combination of comfort and convenience in the heart of downtown. With its prime location across from the highly sought-after Margaret T. Hance Park, this unit presents an incredible opportunity for urban living at its finest. The unit is in the building's preferred setting, just a couple doors from the main staircase and elevator. Upon entering, you will be greeted by an inviting and open floor plan that seamlessly integrates the living, dining, and kitchen areas. With ample natural light streaming through nice, large windows, it creates a warm and inviting ambiance. It's the perfect space for relaxation or entertaining guests. The kitchen is a chef's dream, featuring matching cool, retro-feel appliances, sleek quartz countertops, and abundant storage in beautifully enameled cabinets and pantry. Whether you're hosting a dinner party or preparing a quick meal, this kitchen is sure to please the pickiest buyer! The bedrooms offer comfortable living space and plenty of room for personalization. The bathrooms are elegantly designed with contemporary fixtures and finishes, providing a spa-like experience. Residents will also have access to a range of desirable amenities. These include a generous sparkling pool heated in winter months, communal gathering spaces with BBQ grill, a welcoming open lobby with zen fountain atmosphere, and a gated/covered parking area, ensuring that every aspect of your lifestyle is catered to. Situated in the heart of the vibrant art and culture of Roosevelt Row & Arts District, this condo offers walking-distance access to a myriad of dining, shopping, and entertainment options. From trendy restaurants and cozy cafés to art galleries and boutiques, you'll find everything you need just steps away from your front door. The unit's location also allows for convenient closeness to Arizona State University's Downtown Campus, Convention Center and professional sports arenas. Don't miss the opportunity to own this remarkable unit in a prime location. Come experience the epitome of modern urban living! Buyers currently living in Maricopa or Pinal County ask about an ADDITIONAL $7,000 home buyer credit available via the Community Promise Program. Rate Relief Rebate Program: Benefit from a 2% seller credit to reduce your mortgage payments by Approximately $451/month in year 1 and $231/month in year 2. This exclusive offer makes homeownership more affordable now, while you await potential rate decreases.

Details

Property type

Condominium

Est. home value

$437,464

Lot size

1,046 sq ft

Price per sq ft

$422

Year built

2017

Annual property taxes

$3,375

Monthly HOA fee

$431.73

Price History

10/17/2024
ArizonaRegional

ArizonaRegional #6718561

Price change
$434,999
-3.32%
09/27/2024
ArizonaRegional

ArizonaRegional #6718561

Price change
$449,949
-0.01%
09/06/2024
ArizonaRegional

ArizonaRegional #6718561

Price change
$449,999
-1.1%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Emerson Elementary School

Middle school: 

Phoenix Prep Academy

High school: 

Central 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

$301,755
Asking price
$434,999
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$98,444
Cash to seller
$301,755

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

July 2019

Original loan amount

$140,000

Est. remaining balance

$98,444

Interest rate

3.53%

Loan type

New Conventional, 15 year

Seller

Elsa Mazon and Rene Hanebutt

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: 11/14/2024 at 8:35 PM

Listing updated: 10/16/2024 at 5:45 PM

Listed by: John Gluch, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6718561

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