tomo logo

$425,000

Beds
3
Baths
1.0
sq ft
1,308

2545 East Amelia Avenue, Phoenix, AZ 85016

2545 East Amelia Avenue

Phoenix, AZ 85016

  • 15 days on market
Charming & Affordable Home near The Biltmore Perfect for First-Time Buyers! Discover this thoughtfully updated 3-bed 1-bath home! offering 1,308 sq ft of comfortable living space. Large Bonus room with new LVP Flooring provides flexibility—use it as a third bedroom, home office, den, or playroom to suit your needs! This property features a one-car garage with good storage, large backyard for entertaining, gardening, or future expansion. Inside, the home boasts an updated kitchen with White shaker cabinets and stainless appliances, modern finishes, and plenty of storage. This home is an excellent opportunity for first-time buyers looking for a more affordable option in a prime Phoenix location, Conveniently located near shopping, dining, and major freeways, it's a must-see.

Details

Property type

Single Family Residence

Est. home value

$427,517

Lot size

7,710 sq ft

Price per sq ft

$325

Year built

1948

Annual property taxes

$1,858

HOA

No

Price History

03/07/2025
ArizonaRegional

ArizonaRegional #6822749

Listed
$425,000
+113.68%
01/04/2016
ArizonaRegional

ArizonaRegional #5354876

Sold
$198,900

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Loma Linda Elementary School

Middle school: 

Loma Linda Elementary School

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

$217,731
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$173,269
Cash to seller
$217,731

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

April 2018

Original loan amount

$198,450

Est. remaining balance

$173,269

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Bill Fathauer and William F Fathauer

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?

Status: Active

Tomo last checked: 03/11/2025 at 8:55 PM

Listing updated: 03/07/2025 at 10:58 AM

Listed by: Kevin T Langan, Real Broker Phone #: (602) 755-3415

MLS: ArizonaRegional #6822749

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