tomo logo

$729,000

Beds
4
Baths
2.5
sq ft
1,550

2401 North 37th Street, Phoenix, AZ 85008

2401 North 37th Street

Phoenix, AZ 85008

  • 23 days on market
    • Price drop $26,000↓
Welcome to THE MIRAGE PHOENIX, only 15 mins to Old Town Scottsdale or downtown Phoenix! This FULLY-FURNISHED STR/AIRBNB is an established INCOME-PRODUCING VACATION RENTAL that generates $80K+ in annual gross rents. It includes more than $55K in recent upgrades, a HEATED POOL and is situated on a CORNER LOT for additional privacy. One of the most loved homes on Airbnb, this guest favorite boasts 132 nearly perfect 5 star reviews. Guests rave about the tasteful decor and outstanding location, home sleeps 12 with 8 beds. INVESTORS: hit the ground running with this truly turnkey investment property and begin generating revenue as soon as you close, in time for the end of the tax year! *ASK YOUR AGENT FOR THE HISTORIC BOOKINGS & EXPENSES*.

Details

Property type

Single Family Residence

Est. home value

$600,183

Lot size

6,042 sq ft

Price per sq ft

$471

Year built

1953

Annual property taxes

$2,149

Price History

12/09/2024
ArizonaRegional

ArizonaRegional #6788981

Price change
$729,000
-3.44%
11/27/2024
ArizonaRegional

ArizonaRegional #6788981

Listed
$755,000
+17.97%
07/06/2022
ArizonaRegional

ArizonaRegional #6395333

Sold
$640,000
+50.59%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Creighton Elementary School

Middle school: 

Papago School

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

$116,331
Asking price
$729,000
Closing costs (~8% of asking)
-$58,320
Est. remaining loan balance
-$554,349
Cash to seller
$116,331

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

Seller’s Loan History

Lender

Bison Ventures Llc

Loan start date

June 2022

Original loan amount

$576,000

Est. remaining balance

$554,349

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Alexander Fischer and Geneva Fischer

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 9:55 AM

Listing updated: 12/09/2024 at 9:55 AM

Listed by: Carissa Lee Vivirito, Realty ONE Group Phone #: (480) 315-1240

MLS: ArizonaRegional #6788981

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