tomo logo

$317,500

Beds
2
Baths
1.0
sq ft
892

1546 W Polk St, Phoenix, AZ 85007

1546 W Polk St

Phoenix, AZ 85007

  • 121 days on market
    • Price drop $7,500↓
Location, location, location! Charming 2-bedroom home in the heart of Phoenix's cultural, historic district! Minutes from coffee shops, restaurants, shopping, Downtown Phoenix, Sky Harbor Airport, Downtown Nightlife, Diamondbacks and Suns stadiums, and more. This corner lot gem offers a gated front yard with lovely pavers, a citrus tree, a carport space, and a screened porch to enjoy the AZ weather all year round. Come inside to find an L-shaped great room, vaulted ceilings, and durable tile floors. The kitchen has black matching built-in appliances, counter space, and cabinetry with crown moulding. Both bedrooms have soft carpets for added comfort! Host fun gatherings in the oversized backyard, boasting pavers, a cozy deck, another citrus tree, two Ramadas, and a fire pit.

Details

Property type

Single Family Residence

Est. home value

$339,605

Lot size

5,917 sq ft

Price per sq ft

$356

Year built

1901

Annual property taxes

$1,082

Price History

06/21/2024
ArizonaRegional

ArizonaRegional #6672305

Price change
$317,500
-2.31%
05/30/2024
ArizonaRegional

ArizonaRegional #6672305

Price change
$325,000
-1.52%
05/08/2024
ArizonaRegional

ArizonaRegional #6672305

Removed
$330,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Capitol Elementary School

Middle school: 

Phoenix Coding 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

$94,980
Asking price
$317,500
Closing costs (~8% of asking)
-$25,400
Est. remaining loan balance
-$197,120
Cash to seller
$94,980

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

Seller’s Loan History

Lender

First Internet Bank Of Indiana

Loan start date

August 2020

Original loan amount

$215,000

Est. remaining balance

$197,120

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Ryan Hermann and Erron Hermann

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
$325,000
2 bd
|
1 ba
|
956 sq ft
|
House

2034 West Holly Street, Phoenix, AZ 85009

Price drop
ArizonaRegional
$335,000
2 bd
|
1 ba
|
1,082 sq ft
|
House

1144 East Diamond Street, Phoenix, AZ 85006

ArizonaRegional
$320,000
2 bd
|
1 ba
|
800 sq ft
|
House

3039 West Holly Street, Phoenix, AZ 85009

Status: Active

Tomo last checked: 07/04/2024 at 11:55 AM

Listing updated: 06/20/2024 at 8:42 PM

Listed by: Kyle Anderson, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6672305

ArizonaRegional logo