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$280,000

Beds
2
Baths
2.0
sq ft
1,265

1901 East Missouri Avenue Unit 220, Phoenix, AZ 85016

1901 East Missouri Avenue Unit 220

Phoenix, AZ 85016

  • 29 days on market
    • Price drop $17,000↓
Discover an exceptional opportunity in this investor special condominium, ideally situated in a sought-after neighborhood. This spacious 2-bedroom, 2 bathroom unit boasts a modern layout that maximizes comfort and convenience. Enjoy the benefits of low maintenance living with access to building amenities, including a community pool, and communal lounge areas. This prime location places you just moments away from shopping, dining, and public transportation.

Details

Property type

Condominium

Est. home value

$361,860

Lot size

1,216 sq ft

Price per sq ft

$222

Year built

1963

Annual property taxes

$1,036

Monthly HOA fee

$511.86

Price History

11/15/2024
ArizonaRegional

ArizonaRegional #6775116

Price change
$280,000
-5.72%
11/12/2024
ArizonaRegional

ArizonaRegional #6775116

Listed
$297,000
11/05/2024
ArizonaRegional

ArizonaRegional #6775116

Pending
$297,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Elementary School

Middle school: 

Madison Park School

High school: 

Camelback 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

$41,349
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$216,251
Cash to seller
$41,349

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

October 2020

Original loan amount

$237,500

Est. remaining balance

$216,251

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Jacob D Weems

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: 11/22/2024 at 3:40 AM

Listing updated: 11/18/2024 at 8:55 AM

Listed by: Samuel Jandel, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6775116

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