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$1,025,000

Beds
4
Baths
3.0
sq ft
2,344

2545 East Montecito Avenue, Phoenix, AZ 85016

2545 East Montecito Avenue

Phoenix, AZ 85016

  • 31 days on market
    • Price drop $60,000↓
Discover a home where sophistication meets modern luxury in this beautifully remodeled gem, with TWO CAR GARAGE, CARPORT AND DETACHED STUDIO located in the city's most coveted area. Meticulous craftsmanship offers a lifestyle of unparalleled comfort and elegance. Step inside to an expansive open-concept layout where the kitchen, dining, and living areas blend seamlessly, perfect for entertaining. The state-of-the-art kitchen, with high-end finishes, inspires your inner chef and impresses your guests. Retreat to the massive primary suite, a sanctuary with a vaulted ceiling that adds grandeur and spaciousness. Experience the pinnacle of urban living in this thoughtfully designed home, where every detail embodies sophistication and modern luxury.

Details

Property type

Single Family Residence

Est. home value

$790,021

Lot size

9,139 sq ft

Price per sq ft

$438

Year built

1949

Annual property taxes

$3,149

Price History

06/14/2024
ArizonaRegional

ArizonaRegional #6711654

Price change
$1,025,000
-5.53%
06/03/2024
ArizonaRegional

ArizonaRegional #6711654

Listed
$1,085,000
+97.27%
08/09/2019
ArizonaRegional

ArizonaRegional #5873970

Sold
$550,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Camelview Elementary

Middle school: 

Madison #1 Middle 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

$396,641
Asking price
$1,025,000
Closing costs (~8% of asking)
-$82,000
Est. remaining loan balance
-$546,359
Cash to seller
$396,641

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2022

Original loan amount

$569,000

Est. remaining balance

$546,359

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

John E Snyder and Kimbelee H Snyder

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: 07/04/2024 at 10:30 AM

Listing updated: 06/24/2024 at 9:43 PM

Listed by: Suzette Tzineff, Citiea Phone #: (480) 325-1411

MLS: ArizonaRegional #6711654

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