tomo logo

$370,000

Beds
1
Baths
1.0
sq ft
837

114 West Adams Street Unit 802, Phoenix, AZ 85003

114 West Adams Street Unit 802

Phoenix, AZ 85003

  • 90 days on market
    • Price drop $5,000↓
** sellers are providing a credit towards 1 year of parking** Welcome to urban elegance at the historic Orpheum Lofts! This stunning 1 bedroom, 1 bathroom loft in Unit 802 boasts 837 square feet of sophisticated living space, blending modern amenities with classic architectural charm. As you step inside, you'll be greeted by soaring 11-foot ceilings, large industrial-style windows, and beautiful exposed brick walls that flood the space with natural light. The open floor plan is perfect for entertaining, featuring a spacious living area and a sleek, modern kitchen complete with stainless steel appliances, black tile countertops, and ample storage. Don't forget the oversized bedroom and amazing bathroom!

Details

Property type

Condominium

Est. home value

$364,591

Lot size

837 sq ft

Price per sq ft

$443

Year built

2005

Annual property taxes

$1,068

Monthly HOA fee

$727.53

Price History

08/20/2024
ArizonaRegional

ArizonaRegional #6729113

Price change
$370,000
-1.33%
07/10/2024
ArizonaRegional

ArizonaRegional #6729113

Listed
$375,000
+4.17%
05/02/2023
ArizonaRegional

ArizonaRegional #6519129

Sold
$360,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Kenilworth Elementary School

Middle school: 

Osborn Middle School

High school: 

Central High School

Community features: 

Clubhouse

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

$57,944
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$282,456
Cash to seller
$57,944

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

Seller’s Loan History

Lender

Calcon Mutual Mortgage Llc

Loan start date

March 2023

Original loan amount

$288,000

Est. remaining balance

$282,456

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Michael S Bell and Melanie R Bell

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: 10/08/2024 at 11:25 AM

Listing updated: 09/19/2024 at 1:39 PM

Listed by: Kristine Erin McCullough, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6729113

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