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$310,000

Beds
2
Baths
2.0
sq ft
1,008

1225 East Medlock Drive Unit 103, Phoenix, AZ 85014

1225 East Medlock Drive Unit 103

Phoenix, AZ 85014

  • 114 days on market
    • Price drop $5,000↓
Discover urban luxury living in this 2-bedroom home at Alondra Mirada in Midtown Phoenix. A boutique enclave of just 30 residences, this community offers a serene environment centered around a sparkling pool. Single-level on the first floor boasts bamboo flooring, granite countertops, and floor to ceiling windows. Updated kitchen with stainless-steel appliances and sleek cabinetry. Enjoy ample natural light throughout the spacious floor-plan, perfect for entertaining or relaxing. Step out onto the oversized enclosed patio for al fresco dining. Prime Midtown Phoenix location provides easy access to the Camelback & Central Corridors, Biltmore Fashion Park and Route-51 Freeway. Community allows short-term rentals including AirBNB and there is gated covered parking. Tour this home today!

Details

Property type

Condominium

Est. home value

$291,472

Lot size

738 sq ft

Price per sq ft

$308

Year built

1962

Annual property taxes

$1,324

Monthly HOA fee

$402.41

Price History

06/20/2024
ArizonaRegional

ArizonaRegional #6664318

Price change
$310,000
-1.59%
05/23/2024
ArizonaRegional

ArizonaRegional #6664318

Price change
$315,000
-1.25%
04/08/2024
ArizonaRegional

ArizonaRegional #6664318

Pending
$319,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison #1 Middle School

Middle school: 

Madison #1 Middle School

High school: 

North 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

$125,006
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$160,194
Cash to seller
$125,006

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2021

Original loan amount

$172,000

Est. remaining balance

$160,194

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Jon Bartelt

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: 07/02/2024 at 9:00 AM

Listing updated: 06/20/2024 at 8:13 AM

Listed by: Christopher Michael Haller, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6664318

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