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$550,000

Beds
3
Baths
2.0
sq ft
1,420

1505 West Lynwood Street, Phoenix, AZ 85007

1505 West Lynwood Street

Phoenix, AZ 85007

  • 24 days on market
This charming 3-bedroom, 2-bathroom home in central Phoenix combines classic appeal with modern amenities. The spacious living area features natural light and a cozy atmosphere, perfect for family gatherings. The well-equipped kitchen offers updated appliances and ample storage. Each bedroom provides a comfortable retreat, while the bathrooms are tastefully designed for convenience. The backyard is a delightful outdoor space, ideal for entertaining or relaxing. With its prime location, this home is just minutes from local shops, parks, and dining, making it a perfect choice for both families and professionals.

Details

Property type

Single Family Residence

Est. home value

$555,702

Lot size

7,023 sq ft

Price per sq ft

$388

Year built

1947

Annual property taxes

$2,255

Price History

10/29/2024
ArizonaRegional

ArizonaRegional #6777036

Listed
$550,000
+39.24%
07/23/2020
ArizonaRegional

ArizonaRegional #6083862

Sold
$395,000
+48.22%
09/17/2019
ArizonaRegional

ArizonaRegional #5916907

Sold
$266,500

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Kenilworth Elementary School

Middle school: 

Kenilworth Elementary School

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

$183,429
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$322,571
Cash to seller
$183,429

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

Seller’s Loan History

Lender

Moria Development Inc

Loan start date

July 2020

Original loan amount

$355,500

Est. remaining balance

$322,571

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Andrew Hastings

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: 11/21/2024 at 10:35 PM

Listing updated: 10/29/2024 at 1:25 AM

Listed by: Samuel Jandel, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6777036

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