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$465,000

Beds
2
Baths
2.0
sq ft
1,032

1130 North 2nd Street Unit 315, Phoenix, AZ 85004

1130 North 2nd Street Unit 315

Phoenix, AZ 85004

  • 32 days on market
    • Price drop $2,500↓
Modern end unit condo that features an open contemporary layout, along with designer fixtures & finishes. This home is in a gated community & is located in the heart of downtown Phoenix and within walking distance to great restaurants, the Arts District neighborhood, shopping, schools, the Valley Metro Light Rail & much more. The home is directly across the street from Margaret T Hance Park. The home features 10-foot ceilings, Quartz countertops, walk-in shower, roller blinds throughout, upgraded stainless steel appliances and a front-loading washer and dryer. Amenities include: heated pool, BBQ & fire pit, gated/covered parking, secured building access & an elevator to all floors.

Details

Property type

Condominium

Est. home value

$479,025

Lot size

1,047 sq ft

Price per sq ft

$451

Year built

2017

Annual property taxes

$3,806

Monthly HOA fee

$431.73

Price History

06/29/2024
ArizonaRegional

ArizonaRegional #6713067

Price change
$465,000
-0.53%
06/25/2024
ArizonaRegional

ArizonaRegional #6713067

Price change
$467,500
-0.09%
06/16/2024
ArizonaRegional

ArizonaRegional #6713067

Price change
$467,900
-0.02%

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

$142,807
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$284,993
Cash to seller
$142,807

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

Seller’s Loan History

Lender

Amerifirst Financial Inc

Loan start date

March 2021

Original loan amount

$307,500

Est. remaining balance

$284,993

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Felix Wa Lee Lam and Noel Mei Kuen Kan

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?

Status: Active

Tomo last checked: 07/02/2024 at 6:00 PM

Listing updated: 06/29/2024 at 12:53 PM

Listed by: Michael Buttery, Wise Choice Properties Phone #: (602) 687-8792

MLS: ArizonaRegional #6713067

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