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$4,400,000

Beds
3
Baths
5.0
sq ft
10,560

2001 North 1st Avenue, Phoenix, AZ 85003

2001 North 1st Avenue

Phoenix, AZ 85003

  • 300 days on market
    • Price drop $90,000↓
Entertainer's DREAM! This one of a kind CUSTOM built brownstone residence is located in the PRESTIGIOUS gated community of Chateau on Central! STUNNING panoramic city & mountain views! IMPECCABLE craftsmanship that took 4+ years and over $7.2M to build! GORGEOUS designer interior & exterior finishes throughout this MASTERPIECE! Multiple kitchens, living areas, dining areas, a HUGE game room, theatre room, elevator, rotunda, patios + SO MUCH MORE! INCREDIBLE sunsets abound! Over 10,000 sq ft on 5 levels including a 4 car garage! This truly CAPTIVATING home is unlike any other! The central corridor LOCATION can't be beat! 1 block to light rail. Adjacent to Willow district. Walk to Phoenix Art Museum, Phoenix Theater, Heard Museum, Playhouse in the Park, Arizona Opera, Phoenix Library and the ultra-hip Roosevelt Row! The BEST shopping and restaurants that Phoenix has to offer! Easy access to freeways, airport, and sporting venues! WELCOME HOME!

Details

Property type

Townhouse

Est. home value

$4,301,686

Lot size

6,316 sq ft

Price per sq ft

$417

Year built

2014

Annual property taxes

$28,422

Monthly HOA fee

$1,000

Price History

04/05/2024
ArizonaRegional

ArizonaRegional #6602810

Price change
$4,400,000
-2%
09/08/2023
ArizonaRegional

ArizonaRegional #6602810

Listed
$4,490,000
+20.54%
11/10/2021
ArizonaRegional

ArizonaRegional #6300970

Sold
$3,725,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Kenilworth Elementary School

Middle school: 

Phoenix Prep Academy

High school: 

Central High School

Community features: 

Gated

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

$2,667,045
Asking price
$4,400,000
Closing costs (~8% of asking)
-$352,000
Est. remaining loan balance
-$1,380,955
Cash to seller
$2,667,045

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

Seller’s Loan History

Lender

Greenbox Loans Inc

Loan start date

November 2020

Original loan amount

$1,500,000

Est. remaining balance

$1,380,955

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Ira J Gaines

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?

Status: Active

Tomo last checked: 07/05/2024 at 12:05 AM

Listing updated: 04/09/2024 at 3:53 PM

Listed by: Timothy J Cusick, Homelogic Real Estate Phone #: (480) 346-4111

MLS: ArizonaRegional #6602810

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