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$485,000

Beds
2
Baths
1.0
sq ft
1,053

1513 East Sheridan Street, Phoenix, AZ 85006

1513 East Sheridan Street

Phoenix, AZ 85006

  • 172 days on market
    • Price drop $14,000↓
Charming home located near the HIGHLY sought after Coronado Historical Neighborhood, approx. 3 miles to Downtown! It's currently being used as an Airbnb and has been completely renovated from top to bottom with custom finishes throughout, an indoor laundry room, expansive kitchen island, built in pantry & stainless steel appliances. Bathroom finishes include quartz countertops & tile shower surround. Each bedroom features its own walk in closet. The backyard has been custom designed and features new paver patio, two pergolas, irrigation, hardwired outdoor landscape lighting, a Bocce Ball Court, and a large but cozy backyard. This adorable home is sure to impress and will not last! It would make a great home or investment property.

Details

Property type

Single Family Residence

Est. home value

$404,608

Lot size

5,698 sq ft

Price per sq ft

$461

Year built

1940

Annual property taxes

$945

HOA

No

Price History

02/09/2025
ArizonaRegional

ArizonaRegional #6752092

Price change
$485,000
-2.81%
11/17/2024
ArizonaRegional

ArizonaRegional #6752092

Price change
$499,000
-1.96%
10/08/2024
ArizonaRegional

ArizonaRegional #6752092

Price change
$509,000
-2.02%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Whittier Elementary School

Middle school: 

Whittier Elementary School - Phoenix

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

$215,568
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$230,632
Cash to seller
$215,568

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

July 2020

Original loan amount

$255,920

Est. remaining balance

$230,632

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Jodi L Sakalas and Kevin M Sakalas

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: 02/23/2025 at 2:45 AM

Listing updated: 02/09/2025 at 3:10 PM

Listed by: Jodi Sakalas, Desert Dimensions Properties Phone #: (480) 270-5355

MLS: ArizonaRegional #6752092

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