tomo logo

$489,000

Beds
2
Baths
2.0
sq ft
1,028

1130 North 2nd Street Unit 401, Phoenix, AZ 85004

1130 North 2nd Street Unit 401

Phoenix, AZ 85004

  • 27 days on market
This is a great opportunity to own in Down Town within the Roosevelt District and Next to Deck Park and Japanese Friendship Garden. Owner will carry 357k at 5.5% 30 year amt, with 5 year balloon. Welcome to one of the most luxurious Urban lofts in downtown Phoenix! Spectacular views of the city lights and beautiful mountains. Soaring windows & high ceilings enhance this beautiful top floor end unit with only one shared wall. Hip-Modern Architecture which offers superb materials, light-filled spaces & an eco-sensitive bldg. Contemporary interiors w/sleek-style kitchen, stainless steel appliances, and superb detailing. Located in the heart of Downtown-modern, next to Hance Park & the Arts District. Enjoy free VIP views of concerts in the park, and front row to major events (recently hosted NCAA and Super Bowl!) Just a short walk from some of the best dining, restaurants and museums in town. Furnishings are available.

Details

Property type

Est. home value

$473,852

Lot size

724 sq ft

Price per sq ft

$476

Year built

2017

Annual property taxes

$3,412

Monthly HOA fee

$443.62

Price History

08/11/2024
ArizonaRegional

ArizonaRegional #6742524

Listed
$489,000
-1.21%
08/06/2024
ArizonaRegional

ArizonaRegional #6733447

Removed
$495,000
07/19/2024
ArizonaRegional

ArizonaRegional #6733447

Listed
$495,000
+20.73%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Emerson Elementary School

Middle school: 

Central High School

High school: 

Central 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

$92,661
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$357,219
Cash to seller
$92,661

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2020

Original loan amount

$389,500

Est. remaining balance

$357,219

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Shamim A Rehman

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: 09/07/2024 at 7:10 PM

Listing updated: 08/12/2024 at 11:03 AM

Listed by: Arthur Welch, Superstars Realty Phone #: (623) 239-0926

MLS: ArizonaRegional #6742524

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