tomo logo

$445,000

Beds
2
Baths
2.0
sq ft
1,032

1130 North 2nd Street Unit 409, Phoenix, AZ 85004

1130 North 2nd Street Unit 409

Phoenix, AZ 85004

  • 68 days on market
    • Price drop $10,000↓
Downtown living, one block from Roosevelt Row! This well-appointed 2 bedroom, 2 bath at en Hance Park Condominiums is located on the highly sought after 4th floor, w/eastern orientation offering mountain and city views from every window. The community is of newer construction, built in 2017. Residence features a split floor plan with two bedroom en suites, each with a walk in closet. The upgraded kitchen boasts quartz countertops, stainless appliances, and an abundance of storage, including a pantry. LVT flooring in the living areas and 10'8'' ceilings create an open, yet inviting environment. Spacious bathrooms each have an oversized shower with glass enclosure and tile surround. Water softener and new paint! Walkable, gated community, with pool, secured parking, elevator to all floors. The community is located across from Margaret T. Hance Park and one block from Roosevelt Row offering an abundance of festivals, concerts, sporting events and the monthly First Friday Art Festival. One block from light rail with easy access to freeways and airport. This pet-friendly community has a healthy HOA which includes water, sewer, trash, building maintenance, insurance and covered, secured parking.

Details

Property type

Condominium

Est. home value

$480,758

Lot size

1,046 sq ft

Price per sq ft

$432

Year built

2017

Annual property taxes

$3,858

Monthly HOA fee

$431.73

Price History

11/13/2024
ArizonaRegional

ArizonaRegional #6754108

Price change
$445,000
-2.2%
09/07/2024
ArizonaRegional

ArizonaRegional #6754108

Listed
$455,000

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

$187,360
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$222,040
Cash to seller
$187,360

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

Seller’s Loan History

Lender

Boeing Employees Cu

Loan start date

April 2020

Original loan amount

$300,000

Est. remaining balance

$222,040

Interest rate

2.97%

Loan type

New Conventional, 15 year

Seller

Kwok H Shiu and Wai Kwanl Shiu

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: 11/14/2024 at 8:45 PM

Listing updated: 11/13/2024 at 10:50 AM

Listed by: Roberta Candelaria, Phoenix Urban Spaces Phone #: (602) 791-3292

MLS: ArizonaRegional #6754108

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