tomo logo

$299,000

Beds
2
Baths
1.0
sq ft
946

2408 W Madison St, Phoenix, AZ 85009

2408 W Madison St

Phoenix, AZ 85009

  • 3 days on market
Calling all buyers! Welcome to an amazing find in the heart of downtown Phoenix. Discover the ultimate urban property, perfectly situated near Downtown Phoenix's vibrant scene. This stunning property boasts a bright, open floor plan, meticulously upgraded with modern flair. UPGRADES GALORE: New tile, drywall, and texture throughout. Energy-efficient new windows, new front porch Sleek kitchen with stainless steel appliances, updated cabinets, and countertops, nice bathroom with tile shower and modern vanity, new lighting fixtures and ceiling fans, fresh interior/exterior paint, Newer air conditioner. PRIME Location; Minutes from Downtown PRIME LOCATION: - Minutes from Downtown Phoenix's restaurants, shops, and entertainment - Easy access to freeways for seamless commuting - Multi-family lot offers potential for future expansion or investment AMENITIES: - Inside laundry room for added convenience - Spacious bedrooms with ample natural light - Block fence for added privacy and security A RARE FIND: Don't miss this incredible opportunity to own a piece of Phoenix's thriving urban landscape. Schedule a viewing today and experience the perfect blend of style, comfort, and location! KEY FEATURES: - 2 Bedrooms - 1 Bathrooms - 946 - Multi-family lot - 7,019sq ft / County Assessor - Remodeled throughout - Prime Downtown Phoenix location Get in now and make this amazing home yours! FHA assumable loan 5% interest rate

Details

Property type

Single Family Residence

Est. home value

$286,345

Lot size

7,019 sq ft

Price per sq ft

$317

Year built

1951

Annual property taxes

$526.9

Price History

10/03/2024
ArizonaRegional

ArizonaRegional #6765046

Listed
$299,000
+99.33%
07/20/2018
ArizonaRegional

ArizonaRegional #5781851

Sold
$150,000

Schools & Community

Neighborhood: 

Estrella

Elementary school: 

William R Sullivan Elementary School

Middle school: 

William R Sullivan Elementary School

High school: 

Carl Hayden 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

$144,204
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$130,876
Cash to seller
$144,204

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

Seller’s Loan History

Lender

All Western Mortgage Inc

Loan start date

July 2018

Original loan amount

$147,283

Est. remaining balance

$130,876

Interest rate

4.54%

Loan type

FHA, 30 year

Seller

Jonathan Peter Garcia

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: 10/05/2024 at 5:25 PM

Listing updated: 10/05/2024 at 3:59 PM

Listed by: Eric Williamson, Citiea Phone #: (480) 870-3110

MLS: ArizonaRegional #6765046

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