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$375,000

Beds
3
Baths
1.5
sq ft
1,422

2207 East Monterey Way, Phoenix, AZ 85016

2207 East Monterey Way

Phoenix, AZ 85016

  • 21 days on market
    • Price drop $50,000↓
Located in the sought-after historic district of La Preal Manor. Close to shopping, resturants, downtown Phoenix, Phoenix Children's Hospital, the Light Rail and entertainment districts. This beautifully updated home blends classic charm with modern upgrades. The kitchen has been fully updated with contemporary finishes, while new light fixtures throughout add a fresh, modern touch. Both bathrooms have been renovated, and an additional bedroom and bathroom provide extra space and comfort, along with modern paint colors that complement its stylish design. The north-south orientation ensures optimal natural light, while the extra-large extended patio is perfect for outdoor living and entertaining. Don't miss your chance to own this thoughtfully updated home!

Details

Property type

Single Family Residence

Est. home value

$421,198

Lot size

7,153 sq ft

Price per sq ft

$264

Year built

1950

Annual property taxes

$2,182

Price History

11/07/2024
ArizonaRegional

ArizonaRegional #6772503

Price change
$375,000
-11.76%
10/31/2024
ArizonaRegional

ArizonaRegional #6772503

Price change
$425,000
-5.56%
10/31/2024
ArizonaRegional

ArizonaRegional #6772503

Listed
$450,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Loma Linda Elementary School

Middle school: 

Phoenix Coding Academy

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

$122,015
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$222,985
Cash to seller
$122,015

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

Seller’s Loan History

Lender

Lakeview Loan Servicing Llc

Loan start date

December 2021

Original loan amount

$237,773

Est. remaining balance

$222,985

Interest rate

3.05%

Loan type

FHA, 30 year

Seller

Melanie Rocco and Michael Delaney

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: 11/08/2024 at 9:35 AM

Listing updated: 11/07/2024 at 6:20 AM

Listed by: Samuel Palmer, Real Broker Phone #: (602) 755-3415

MLS: ArizonaRegional #6772503

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