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$185,000

Beds
2
Baths
1.0
sq ft
837

2687 West Ocotillo Road, Phoenix, AZ 85017

2687 West Ocotillo Road

Phoenix, AZ 85017

  • 19 days on market
Discover this adorable 2-bedroom townhouse, complete with in-unit laundry, a private garage, and a prime central location! Nestled within beautifully landscaped grounds, you'll enjoy access to a sparkling community pool, perfect for relaxing and unwinding. Whether you're looking to expand your rental portfolio or find a cozy, affordable place to settle down, this townhouse is a fantastic choice. Currently rented for $1650 per month with a reliable long-term tenant, it's a seamless investment opportunity you won't want to miss!

Details

Property type

Townhouse

Est. home value

$162,963

Lot size

853 sq ft

Price per sq ft

$222

Year built

1973

Annual property taxes

$265

Monthly HOA fee

$286

Price History

01/02/2025
ArizonaRegional

ArizonaRegional #6799010

Listed
$185,000
+12.12%
08/03/2023
ArizonaRegional

ArizonaRegional #6575870

Sold
$165,000
+39.36%
02/16/2021
ArizonaRegional

ArizonaRegional #6182843

Sold
$118,400
+186.34%

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Washington Elementary School

Middle school: 

Palo Verde Middle School

High school: 

Glendale High School

Community features: 

Pool

High school district: 

Glendale 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

$40,245
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$129,955
Cash to seller
$40,245

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

August 2023

Original loan amount

$132,000

Est. remaining balance

$129,955

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Michael Morris

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: 01/21/2025 at 6:05 PM

Listing updated: 01/10/2025 at 12:35 PM

Listed by: Michael E Morris, DeLex Realty Phone #: (602) 910-3002

MLS: ArizonaRegional #6799010

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