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$560,000

Beds
3
Baths
1.0
sq ft
1,143

1205 West Indian School Road, Phoenix, AZ 85013

1205 West Indian School Road

Phoenix, AZ 85013

  • 66 days on market
Welcome to Melrose! Completely remodeled by owner, this centrally located gem in Melrose district is walking distance to some of the top restaurants in Phoenix. Everything in this home has been meticulously thought out and upgraded by current owner. Beautiful tile through the entire home, large kitchen island and upgraded appliances including tankless water heater. Gated parking for multiple vehicles and rear rv gate for alley entry. Plenty of room in back yard for detached garage or ADU to be built. Bathroom has been completely re-done and boasts beautiful tile shower/tub and contemporary look. Covered back patio for entertaining and self watering landscaping. Owner will provide detailed list of upgrades. Great starter home or potential airbnb!

Details

Property type

Single Family Residence

Est. home value

$373,953

Lot size

6,651 sq ft

Price per sq ft

$490

Year built

1947

Annual property taxes

$697

Price History

12/07/2024
ArizonaRegional

ArizonaRegional #6770320

Price change
$560,000
+0.9%
10/18/2024
ArizonaRegional

ArizonaRegional #6770320

Listed
$555,000
+180.3%
09/28/2018
ArizonaRegional

ArizonaRegional #5812412

Sold
$198,000
+29.84%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Clarendon 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

$258,329
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$256,871
Cash to seller
$258,329

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

Seller’s Loan History

Lender

Axen Mortgage

Loan start date

September 2022

Original loan amount

$266,000

Est. remaining balance

$256,871

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Brian Lopez

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: 12/23/2024 at 2:10 AM

Listing updated: 12/06/2024 at 7:20 PM

Listed by: Salvatore Lavia, Grayson & Grayson Phone #: (602) 418-2950

MLS: ArizonaRegional #6770320

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