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$369,000

Beds
5
Baths
3.0
sq ft
1,704

2226 North 61st Avenue, Phoenix, AZ 85035

2226 North 61st Avenue

Phoenix, AZ 85035

  • 23 days on market
    • Price drop $10,000↓
Beautiful house in a peaceful community in Phoenix 85035. Property for sale with a tenant in place. Amazing use of space of 1704 sq.Ft, great room floor plan, main house 3 bedrooms 2 baths, plus next gen with kitchen and 2 bedrooms with bath. Located in a convenient area, this property offers potential for improvement and a steady rental income. Close to shopping, dining, and light rail, 202 and I 10 freeway. A lovely home and lots of conveniences in this location.

Details

Property type

Single Family Residence

Est. home value

$350,719

Lot size

6,029 sq ft

Price per sq ft

$217

Year built

1973

Annual property taxes

$1,986

Price History

07/03/2024
ArizonaRegional

ArizonaRegional #6717454

Price change
$369,000
-2.64%
06/11/2024
ArizonaRegional

ArizonaRegional #6717454

Listed
$379,000

Schools & Community

Neighborhood: 

Maryvale

Elementary school: 

Palm Lane

Middle school: 

Palm Lane

High school: 

Trevor Browne 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

$233,653
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$105,827
Cash to seller
$233,653

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

Seller’s Loan History

Lender

Intercap Lending

Loan start date

November 2019

Original loan amount

$142,500

Est. remaining balance

$105,827

Interest rate

3.14%

Loan type

New Conventional, 15 year

Seller

Moc Ho and Qin Tan

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: 07/04/2024 at 10:45 AM

Listing updated: 07/02/2024 at 9:53 PM

Listed by: Lethe Lew, Desert River Realty Phone #: (602) 266-1238

MLS: ArizonaRegional #6717454

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