tomo logo

$499,000

Beds
3
Baths
1.0
sq ft
1,149

1337 West Latham Street, Phoenix, AZ 85007

1337 West Latham Street

Phoenix, AZ 85007

  • 175 days on market
    • Price drop $16,000↓
Built in 1930, this historic ranch boasts character and charm. Step through the front entry to find curved archways, hardwood floors, and natural light throughout. The formal dining room and kitchen feature artistic tile floors, quartz countertops, and modern green cabinets. Beyond the kitchen, the remodeled attached laundry room holds plenty of additional pantry space. The interior plumbing was updated in 2021, which included a full bathroom remodel aside from the historic original tub. Through the back doors, a sprawling backyard awaits complete with artificial turf, a large patio, bistro lights, and a storage shed. Located in the desirable FQ Story Historic Neighborhood, below the I-10, this is a true downtown Phoenix home.

Details

Property type

Single Family Residence

Est. home value

$498,938

Lot size

6,917 sq ft

Price per sq ft

$435

Year built

1930

Annual property taxes

$2,676

HOA

No

Price History

12/12/2024
ArizonaRegional

ArizonaRegional #6725924

Price change
$499,000
-3.11%
11/24/2024
ArizonaRegional

ArizonaRegional #6725924

Price change
$515,000
-1.9%
10/09/2024
ArizonaRegional

ArizonaRegional #6725924

Price change
$525,000
-2.78%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Kenilworth Elementary School

Middle school: 

Phoenix Prep Academy

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

$201,211
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$257,869
Cash to seller
$201,211

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

March 2021

Original loan amount

$281,600

Est. remaining balance

$257,869

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Timothy A Eigo and Kathryn S Nakagawa

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: 12/22/2024 at 2:20 PM

Listing updated: 12/16/2024 at 1:11 AM

Listed by: Christopher Talley, Blocks Brokerage LLC Phone #: (480) 428-9299

MLS: ArizonaRegional #6725924

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