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$720,000

Beds
5
Baths
3.0
sq ft
2,029

1725 West Weldon Avenue, Phoenix, AZ 85015

1725 West Weldon Avenue

Phoenix, AZ 85015

  • 23 days on market
Completely renovated in 2022, featuring an open layout with a stunning kitchen island and plenty of storage space. Boasting 5 bedrooms and 3 bathrooms, it offers ample room for a family. The front yard requires minimal upkeep and offers ample parking, along with a detached garage and an RV gate. Situated in a central location, the property provides easy access to various highways and is conveniently close to downtown Phoenix.

Details

Property type

Single Family Residence

Est. home value

$625,661

Lot size

9,361 sq ft

Price per sq ft

$355

Year built

1947

Annual property taxes

$1,359

Price History

06/11/2024
ArizonaRegional

ArizonaRegional #6705087

Listed
$720,000
+9.09%
03/03/2023
ArizonaRegional

ArizonaRegional #6481447

Sold
$660,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Osborn Middle 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

$44,883
Asking price
$720,000
Closing costs (~8% of asking)
-$57,600
Est. remaining loan balance
-$617,517
Cash to seller
$44,883

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

Seller’s Loan History

Lender

Ml Mortgage Corp

Loan start date

February 2023

Original loan amount

$627,000

Est. remaining balance

$617,517

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Wilfrido Velasco and Francisco Javier Quirarte Mejia

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: 07/04/2024 at 10:55 AM

Listing updated: 06/11/2024 at 12:23 AM

Listed by: Tanya Moreno, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6705087

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