tomo logo

$630,000

Beds
3
Baths
2.0
sq ft
1,355

2227 North Edgemere Street, Phoenix, AZ 85006

2227 North Edgemere Street

Phoenix, AZ 85006

  • Pending
Experience the charm and elegance of this recently remodeled 1355 sq ft (see semi-private remarks) historic bungalow in the sought-after Coronado Historic District in downtown Phoenix. This light-filled home features a stunning great room and kitchen with beautifully stained concrete floors throughout. The kitchen is a chef's dream, boasting stainless steel appliances, marble countertops, and a striking glass mosaic tile backsplash. Enjoy the comfort and energy efficiency of top of the line *Anderson dual-pane windows and the eco-friendly benefits of water-wise landscaping adorned with multiple citrus trees. The property includes a vintage one-car garage and a lovely sail structure to cover extra parking spaces. New hot water heater, 2021 HVAC, 2020 roof, new landscaping with faux turf, trees, sprinkler system, sail shade, and architectural metal front fence. EV charging capability in garage with 220. *Located near the vibrant downtown Phoenix arts district, you'll have easy access to great restaurants, entertainment, and cultural experiences. Nestled in a cozy neighborhood, this bungalow offers the perfect blend of city living and a tranquil retreat. The lovely outdoor living spaces are ideal for relaxing and entertaining, making this historic home a delightful haven in the heart of the city.

Details

Property type

Single Family Residence

Est. home value

$534,497

Lot size

6,125 sq ft

Price per sq ft

$465

Year built

1940

Annual property taxes

$1,615

Price History

07/02/2024
ArizonaRegional

ArizonaRegional #6718560

Pending
$630,000
06/18/2024
ArizonaRegional

ArizonaRegional #6718560

Listed
$630,000
+75%
06/28/2019
ArizonaRegional

ArizonaRegional #5927379

Sold
$360,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Whittier Elementary School - Phoenix

Middle school: 

Phoenix Prep Academy

High school: 

North 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

$187,844
Asking price
$630,000
Closing costs (~8% of asking)
-$50,400
Est. remaining loan balance
-$391,756
Cash to seller
$187,844

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

October 2021

Original loan amount

$416,000

Est. remaining balance

$391,756

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

John Edward Stemmler Jr and Lisa Joy Richardson

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: Pending/Under Contract

Tomo last checked: 07/02/2024 at 9:50 AM

Listing updated: 07/01/2024 at 7:13 PM

Listed by: Vickie Ann McDermott, NORTH&CO. Phone #: (602) 714-7000

MLS: ArizonaRegional #6718560

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