tomo logo

$550,000

Beds
5
Baths
4.0
sq ft
2,136

1431 East Wood Street, Phoenix, AZ 85040

1431 East Wood Street

Phoenix, AZ 85040

  • 106 days on market
    • Price drop $50,000↓
PRICED REDUCED TO SELL. Beautifully remodeled property with R-4 multi family residential zoning on HUGE 19,996 sq ft LOT - Endless Potential! Offering immense flexibility, this property is perfect for investors or developers looking to maximize their return, with the potential to build multiple units or houses. Modern upgrades and high- quality finishes throughout the main house. Don't miss this rare opportunity to own a versatile property with significant development potential here in Phoenix.

Details

Property type

Single Family Residence

Est. home value

$317,147

Lot size

0.46 acres

Price per sq ft

$258

Year built

1946

Annual property taxes

$711

Price History

11/13/2024
ArizonaRegional

ArizonaRegional #6738358

Listed
$550,000
11/06/2024
ArizonaRegional

ArizonaRegional #6738358

Pending
$550,000
10/21/2024
ArizonaRegional

ArizonaRegional #6738358

Price change
$550,000
-8.33%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Roosevelt Elementary School

Middle school: 

Roosevelt Elementary School

High school: 

South Mountain High School

High school district: 

Phoenix Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Groves Capital Inc

Loan start date

November 2022

Original loan amount

$438,750

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

New Conventional, 30 year

Seller

Thi Hong Xuan Nguyen

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: 11/22/2024 at 7:20 PM

Listing updated: 11/13/2024 at 3:20 PM

Listed by: Johnny Tran, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6738358

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