tomo logo

$349,999

Beds
3
Baths
2.0
sq ft
1,250

1241 E Medlock Dr Unit 210, Phoenix, AZ 85014

1241 E Medlock Dr Unit 210

Phoenix, AZ 85014

  • 73 days on market
    • Price drop $10,001↓
PRICE IMPROVEMENT! Live in the heart of the Camelback Corridor in this well kept, freshly painted three bedroom condo. Overlook the peaceful courtyard and relaxing pool from your front balcony. Tile flooring throughout the main areas with carpet in the bedrooms. Large primary bedroom with walk in closet, bathroom and even mountain views! Granite on every counter, ceiling fans throughout, built in desk and a kitchen island with programmable smart lights provide great entertaining space. Enjoy your own washer and dryer in unit with a newer water heater. Only minutes from the Biltmore and Central Corridor with ample restaurants, shopping and entertainment options at your fingertips!

Details

Property type

Condominium

Est. home value

$212,029

Lot size

99 sq ft

Price per sq ft

$280

Year built

1962

Annual property taxes

$1,603

Monthly HOA fee

$490.26

Price History

06/20/2024
ArizonaRegional

ArizonaRegional #6693381

Price change
$349,999
-2.78%
05/21/2024
ArizonaRegional

ArizonaRegional #6693381

Price change
$360,000
-4.26%
04/25/2024
ArizonaRegional

ArizonaRegional #6693381

Listed
$375,999

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Elementary 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

$214,728
Asking price
$349,999
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$107,271
Cash to seller
$214,728

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

Seller’s Loan History

Lender

The Loan Store Inc

Loan start date

June 2023

Original loan amount

$108,500

Est. remaining balance

$107,271

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Gilbert M Alvarez and George Ramos

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: 07/07/2024 at 4:35 AM

Listing updated: 07/01/2024 at 12:03 AM

Listed by: Jessica L Ray, Century 21 Toma Partners Phone #: (602) 954-2000

MLS: ArizonaRegional #6693381

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