tomo logo

$629,000

Beds
2
Baths
1.0
sq ft
2,225

2143 West Wilshire Drive, Phoenix, AZ 85009

2143 West Wilshire Drive

Phoenix, AZ 85009

  • 22 days on market
3 units! Full cosmetic remodel done in 2021, including kitchen, flooring, and all bathrooms. Enjoy the charm of a historic home with all the modern amenities! Near state fair grounds, freeway access. This home has been functioning as a profitable short term rental with an average of $6500/month income after expenses.

Details

Property type

Single Family Residence

Est. home value

$301,859

Lot size

7,704 sq ft

Price per sq ft

$283

Year built

1936

Annual property taxes

$694

Price History

11/29/2024
ArizonaRegional

ArizonaRegional #6787902

Listed
$629,000
+151.6%
06/30/2021
ArizonaRegional

ArizonaRegional #6229596

Sold
$250,000

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

$378,875
Asking price
$629,000
Closing costs (~8% of asking)
-$50,320
Est. remaining loan balance
-$199,805
Cash to seller
$378,875

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

Seller’s Loan History

Lender

Nvestor Funding Inc

Loan start date

November 2021

Original loan amount

$214,000

Est. remaining balance

$199,805

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Sophia Stocks

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: 12/21/2024 at 10:05 AM

Listing updated: 11/29/2024 at 1:20 AM

Listed by: Austin J. Stocks, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6787902

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