tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
1,238

1615 W Palm Ln, Phoenix, AZ 85007

1615 W Palm Ln

Phoenix, AZ 85007

  • 191 days on market
    • Price drop $51,000↓
This peaceful 3 bed/2 bath home in historic Fairview Place is a dream for a primary owner or investor. Nicely updated in 2020 to incl.: new Kitchen,2 Bathrooms, windows, all new lighting & plumbing fixtures. Sellers added new pavers & landscaping & created a covered patio space to enjoy the beautiful AZ weather & there is still room for more! The oversized lot creates an opportunity to expand the footprint & value as a larger property amongst smaller historic homes in the neighborhood. A common attraction for this neighborhood is residence are within walking distance to the fairgrounds with the benefit of no street parking for events protecting neighborhood traffic. This home is close to everything downtown: sporting events, concerts, parks, restaurants and museums. What a lifestyle!!

Details

Property type

Single Family Residence

Est. home value

$495,828

Lot size

7,013 sq ft

Price per sq ft

$404

Year built

1951

Annual property taxes

$2,307

Price History

10/01/2024
ArizonaRegional

ArizonaRegional #6697232

Price change
$499,000
-9.27%
08/04/2024
ArizonaRegional

ArizonaRegional #6697232

Price change
$550,000
-8.18%
06/26/2024
ArizonaRegional

ArizonaRegional #6697232

Price change
$599,000
-4.16%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Maie Bartlett Heard School

Middle school: 

Maie Bartlett Heard School

High school: 

Central 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

Johnson Bank

Loan start date

May 2020

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

New Conventional, 30 year

Seller

Tara M Bachofer and Ryan J Bachofer

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

ArizonaRegional
$550,000
3 bd
|
2 ba
|
1,420 sq ft
|
House

1505 West Lynwood Street, Phoenix, AZ 85007

Price drop
ArizonaRegional
$512,000
3 bd
|
1.75 ba
|
1,366 sq ft
|
House

3329 North 17th Drive, Phoenix, AZ 85015

Price drop
ArizonaRegional
$459,900
3 bd
|
2 ba
|
1,539 sq ft
|
House

1621 West Mulberry Drive, Phoenix, AZ 85015

Status: Active

Tomo last checked: 11/22/2024 at 4:20 AM

Listing updated: 10/24/2024 at 12:50 PM

Listed by: Samara Jo Glassman, Realty ONE Group Phone #: (602) 953-4000

MLS: ArizonaRegional #6697232

ArizonaRegional logo