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$315,000

Beds
1
Baths
1.0
sq ft
942

1701 East Colter Street Unit 421, Phoenix, AZ 85016

1701 East Colter Street Unit 421

Phoenix, AZ 85016

  • 23 days on market
This rare TOP Floor 1 Bedroom with LOFT is a spacious floor plan that has large windows allowing for abundant natural light. Bedroom area is downstairs with full bath, a large soaking garden tub and walk in closet. Loft area provides that extra space for a home office or sitting area. Kitchen has white contemporary kitchen cabinets, white appliances and in unit laundry. The Biltmore Square Condominiums in Phoenix is a highly sought-after residential complex that offers a Luxurious & Contemporary Living Experience. Nestled in the Biltmore area, this condominium community provides residents with a combination of upscale amenities, convenient location and stunning views. The complex was designed with modern aesthetics and functionality in mind. **Community is VA Approved** The community amenities at BSC are designed to enhance the residents lifestyle with resort-style swimming pools, 24 hr fitness center, beautifully landscaped grounds provide opportunities for relaxation and recreation.

Details

Property type

Condominium

Est. home value

$301,471

Lot size

657 sq ft

Price per sq ft

$335

Year built

2003

Annual property taxes

$1,205

Monthly HOA fee

$256.24

Price History

06/07/2024
ArizonaRegional

ArizonaRegional #6715890

Listed
$315,000
+26%
04/23/2021
ArizonaRegional

ArizonaRegional #6209894

Sold
$250,000
+51.52%
01/25/2019
ArizonaRegional

ArizonaRegional #5830143

Sold
$165,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Rose Lane School

Middle school: 

Madison #1 Middle School

High school: 

Camelback High School

Community features: 

Gated, Clubhouse, Fitness Center

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

$84,783
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$205,017
Cash to seller
$84,783

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2021

Original loan amount

$220,000

Est. remaining balance

$205,017

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Everardo Gutierrez and Reina Gutierrez

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: 06/30/2024 at 12:40 PM

Listing updated: 06/11/2024 at 10:13 PM

Listed by: Stephanie Moser, Resident Realty Phone #: (720) 933-8669

MLS: ArizonaRegional #6715890

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