tomo logo

$280,000

Beds
3
Baths
2.0
sq ft
1,080

2626 North 40th Avenue, Phoenix, AZ 85009

2626 North 40th Avenue

Phoenix, AZ 85009

  • <1 day on market
This is a great opportunity for first time homebuyer or Investor. Single story features 3 beds, with a extra unfinish/Storage room, this property has lot of potential.

Details

Property type

Single Family Residence

Est. home value

$309,115

Lot size

7,351 sq ft

Price per sq ft

$260

Year built

1959

Annual property taxes

$693.34

Price History

10/10/2024
ArizonaRegional

ArizonaRegional #6769271

Listed
$280,000
+47.37%
05/01/2020
ArizonaRegional

ArizonaRegional #6047495

Sold
$190,000

Schools & Community

Neighborhood: 

Maryvale

Elementary school: 

P T Coe Elementary School

Middle school: 

Isaac Middle 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

$88,212
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$169,388
Cash to seller
$88,212

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2020

Original loan amount

$186,558

Est. remaining balance

$169,388

Interest rate

3.49%

Loan type

FHA, 30 year

Seller

Dominga Lara Castro and Carlos Ormeno Gracey

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: 10/10/2024 at 6:25 PM

Listing updated: 10/10/2024 at 3:42 PM

Listed by: Helen Reyes, Long Realty Unlimited Phone #: (623) 565-8324

MLS: ArizonaRegional #6769271

ArizonaRegional logo