tomo logo

$695,000

Beds
2
Baths
2.0
sq ft
1,660

21 East 6th Street Unit 617, Tempe, AZ 85281

21 East 6th Street Unit 617

Tempe, AZ 85281

  • 3 days on market
Live in the heart of Downtown Tempe in this beautiful 1,660 sf, 6th Floor loft at the Orchidhouse with wonderful Northern views and direct Elevator Access. Stunning 11 foot ceilings enclose this unit which includes large, operable windows, slate style flooring throughout, and 2 bedrooms (or 1 Bedroom + Den) 2 bathrooms and built-in Office. The flexible 2nd Bedroom includes a floor to ceiling bookshelf w/ladder and 2 Murphy Beds. Zoned ''Live/Work'' for those entrepreneurs looking for a hip and modern space to office. The Orchidhouse Lofts are just off Mill Avenue's shops and restaurants, the light rail system, ASU, Whole Foods Market, Tempe Streetcar, and everything else downtown Tempe has to offer!

Details

Property type

Condominium

Est. home value

$661,186

Lot size

166 sq ft

Price per sq ft

$419

Year built

2003

Annual property taxes

$3,854

Monthly HOA fee

$948.08

Price History

01/11/2025
ArizonaRegional

ArizonaRegional #6803609

Listed
$695,000
+12.28%
12/08/2021
ArizonaRegional

ArizonaRegional #6323806

Sold
$619,000

Schools & Community

Elementary school: 

Broadmor Elementary School

Middle school: 

McKemy Academy of International Studies

High school: 

Tempe High School

Community features: 

Gated

High school district: 

Tempe 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

$386,361
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$253,039
Cash to seller
$386,361

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2013

Original loan amount

$337,500

Est. remaining balance

$253,039

Interest rate

3.98%

Loan type

New Conventional, 30 year

Seller

Karl P Johnson

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: 01/15/2025 at 5:00 AM

Listing updated: 01/11/2025 at 12:25 PM

Listed by: Thomas J Tokoph, Urban Realty & Development, LLC Phone #: (480) 829-1000

MLS: ArizonaRegional #6803609

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