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$369,900

Beds
4
Baths
3.0
sq ft
2,164

2527 North 61st Avenue, Phoenix, AZ 85035

2527 North 61st Avenue

Phoenix, AZ 85035

  • 64 days on market
    • Price drop $25,000↓
GUEST HOUSE (2023)! Single family home with 3 bedrooms, 2 baths, two living spaces, kitchen, and dining area - PLUS 900 sf. GUEST HOUSE/CASITA with a spacious open floor plan, bathroom, kitchen, and large bedroom with ample closet space. Perfect for a large or extended family, or extra rental income! NO HOA. New ROOF December 2022. HVAC was replaced in 2019. Large lot. Great location! Minutes from bus stop, restaurants, shopping, and I10.

Details

Property type

Single Family Residence

Est. home value

$313,518

Lot size

6,939 sq ft

Price per sq ft

$171

Year built

1974

Annual property taxes

$1,715

HOA

No

Price History

02/11/2025
ArizonaRegional

ArizonaRegional #6796545

Price change
$369,900
-6.33%
01/19/2025
ArizonaRegional

ArizonaRegional #6796545

Price change
$394,900
-2.49%
12/20/2024
ArizonaRegional

ArizonaRegional #6796545

Listed
$405,000
+30.65%

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

$43,011
Asking price
$369,900
Closing costs (~8% of asking)
-$29,592
Est. remaining loan balance
-$297,297
Cash to seller
$43,011

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

November 2022

Original loan amount

$304,385

Est. remaining balance

$297,297

Interest rate

6.92%

Loan type

FHA, 30 year

Seller

Juan Antonio Navarro and Luz Adina Herrera

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: 02/23/2025 at 2:40 AM

Listing updated: 02/18/2025 at 8:05 AM

Listed by: Kathleen Ticknor, Jason Mitchell Real Estate Phone #: (480) 522-1030

MLS: ArizonaRegional #6796545

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