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$529,000

Beds
2
Baths
1.0
sq ft
1,148

1822 North 16th Avenue, Phoenix, AZ 85007

1822 North 16th Avenue

Phoenix, AZ 85007

  • 2 days on market
    • Open house Feb 22
Welcome to this unique Santa Fe home in Fairview Place, a Phoenix Historic District adjacent to the exclusive Encanto/Palmcroft neighborhood. Move-in-ready, low-maintenance gem of a home offers an ideal location, walking distance to expansive Encanto Park, and a short drive or bike ride to downtown Phoenix. Classic touches are balanced with modern upgrades in this cozy 2 bed/1 bath home. Bright and airy with 9-foot ceilings, large windows, and remodeled kitchen, bath and flooring. Rare one-car garage outfitted with an EV charging outlet served by updated 200 amp electric service. Tankless gas water heater. Shaded Saltillo tile porches front and back. Attractive curb appeal with cactus garden and large palms in front, and putting green in back. Bonus building in backyard (w laundry, power & water) offers tremendous potential for conversion to an Accessory Dwelling Unit (ADU) and further expansion onto large lot. Double-wide driveway for additional off-street parking, plus RV gate in backyard facing alley. Downtown restaurants, sports and cultural activities all nearby, in addition to Encanto sports complex, with golf, pool, tennis and pickleball. No HOA.

Details

Property type

Single Family Residence

Est. home value

$434,864

Lot size

7,205 sq ft

Price per sq ft

$461

Year built

1930

Annual property taxes

$1,537

HOA

No

Price History

02/20/2025
ArizonaRegional

ArizonaRegional #6821763

Listed
$529,000

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

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

$396,458
Asking price
$529,000
Closing costs (~8% of asking)
-$42,320
Est. remaining loan balance
-$90,222
Cash to seller
$396,458

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

Seller’s Loan History

Lender

The Lending Company Inc

Loan start date

August 2012

Original loan amount

$127,300

Est. remaining balance

$90,222

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Michael A Gheleta

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: 02/22/2025 at 11:05 AM

Listing updated: 02/20/2025 at 7:35 PM

Listed by: Dan P Peacock, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6821763

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