tomo logo

$398,999

Beds
2
Baths
1.0
sq ft
1,242

1348 East Moreland Street, Phoenix, AZ 85006

1348 East Moreland Street

Phoenix, AZ 85006

  • 85 days on market
    • Price drop $1,000↓
Seller is offering $5,000 towards buyer's closing costs, or to buy down a buyer's interest rate. This charming property offers 2 bedrooms, 1 bathroom, and a bonus room perfect for an office space. Indulge in the full kitchen with updated backsplash and painted cabinets. Each room is spacious with updated fixtures throughout, while sleek concrete floors add a modern touch. Step into the private backyard, offering a secluded space for gatherings with friends and a tranquil garden area for peaceful moments. Complete with an RV gate for convenience, enjoy easy access to shops, restaurants, bars, and event centers, all within walking distance. The home may be eligible for an owner occupied 50% state property tax break and matching funds grants because of his Historic designation!

Details

Property type

Single Family Residence

Est. home value

$409,626

Lot size

3,338 sq ft

Price per sq ft

$322

Year built

1936

Annual property taxes

$832

Price History

06/28/2024
ArizonaRegional

ArizonaRegional #6688874

Price change
$398,999
-0.25%
05/30/2024
ArizonaRegional

ArizonaRegional #6688874

Price change
$399,999
-2.44%
05/16/2024
ArizonaRegional

ArizonaRegional #6688874

Price change
$410,000
-1.8%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Garfield School

Middle school: 

Garfield School

High school: 

North 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

$46,863
Asking price
$398,999
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$320,216
Cash to seller
$46,863

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

October 2021

Original loan amount

$340,000

Est. remaining balance

$320,216

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Mathew J Peppard and Jennifer Gulbin

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$399,000
2 bd
|
1 ba
|
1,504 sq ft
|
House

2109 East Harvard Street, Phoenix, AZ 85006

Price drop
ArizonaRegional
$375,000
2 bd
|
1 ba
|
938 sq ft
|
House

614 North 11th Street, Phoenix, AZ 85006

Price drop
ArizonaRegional
$404,800
2 bd
|
1 ba
|
880 sq ft
|
Condo

805 North 4th Avenue Unit 404, Phoenix, AZ 85003

Status: Active

Tomo last checked: 07/04/2024 at 10:35 PM

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

Listed by: Bobby J Blasey, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6688874

ArizonaRegional logo