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$429,900

Beds
3
Baths
2.0
sq ft
1,507

227 West Michigan Avenue, Phoenix, AZ 85023

227 West Michigan Avenue

Phoenix, AZ 85023

  • 27 days on market
    • Price drop $5,100↓
This 3 bed/2 bath/2 car garage home is situated perfectly at the end of a cul de sac. This home has been tastefully updated inside and out. Vaulted ceilings with plenty of natural light coming through the updated, dual pane windows gives the home a bright and open feel. When you walk in you are greeted with a formal living room and wood burning fireplace. The kitchen boasts newer appliances and a SS refrigerator with a pantry offering plenty of storage. You can enjoy meals at the kitchen counter or in the adjacent dining room. The bedrooms are all good size with the primary bedroom having a completely remodeled bathroom, a spacious walk-in closet and its own fireplace. Outside there is a manicured desert yard, a covered patio and an above ground garden. Don't let this one slip by!

Details

Property type

Single Family Residence

Est. home value

$397,936

Lot size

6,152 sq ft

Price per sq ft

$286

Year built

1985

Annual property taxes

$1,182

Price History

10/25/2024
ArizonaRegional

ArizonaRegional #6768573

Price change
$429,900
-1.17%
10/12/2024
ArizonaRegional

ArizonaRegional #6768573

Listed
$435,000
+1.16%
02/23/2022
ArizonaRegional

ArizonaRegional #6343760

Sold
$430,000

Schools & Community

Neighborhood: 

Deer Valley

Elementary school: 

Cactus View Elementary School

Middle school: 

Vista Verde Middle School

High school: 

North Canyon High School

High school district: 

Paradise Valley Unified 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

$29,286
Asking price
$429,900
Closing costs (~8% of asking)
-$34,392
Est. remaining loan balance
-$366,222
Cash to seller
$29,286

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

June 2022

Original loan amount

$380,000

Est. remaining balance

$366,222

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Jonathan Peszko and Jami Peszko

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 12:00 PM

Listing updated: 10/25/2024 at 12:05 PM

Listed by: Michael Wills, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6768573

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