tomo logo

$609,000

Beds
3
Baths
2.5
sq ft
2,110

2801 East Osborn Road, Phoenix, AZ 85016

2801 East Osborn Road

Phoenix, AZ 85016

  • 151 days on market
    • Price drop $30,000↓
This cute home is located in the vibrant Arcadia Lite neighborhood of Phoenix! This property sits on a large lot with ample on-site parking behind a secure remote-controlled gate. Inside, the home feels cozy and inviting with a large living room, featuring an updated kitchen with modern finishes and convenient bar seating, perfect for casual dining or entertaining guests. The extended garage has AC & includes a built-in workbench area, ideal for car enthusiasts or hobbyists. Enjoy the convenience of being in the heart of Arcadia Lite, just minutes from popular dining, shopping, and entertainment. This property offers the perfect blend of comfort, functionality, and prime location!

Details

Property type

Single Family Residence

Est. home value

$563,434

Lot size

8,503 sq ft

Price per sq ft

$289

Year built

1951

Annual property taxes

$2,506

HOA

No

Price History

02/21/2025
ArizonaRegional

ArizonaRegional #6761770

Listed
$609,000
02/21/2025
ArizonaRegional

ArizonaRegional #6761770

Removed
$609,000
02/11/2025
ArizonaRegional

ArizonaRegional #6761770

Price change
$609,000
-4.69%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Larry C Kennedy School

Middle school: 

Larry C Kennedy 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

$114,327
Asking price
$609,000
Closing costs (~8% of asking)
-$48,720
Est. remaining loan balance
-$445,953
Cash to seller
$114,327

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

Seller’s Loan History

Lender

Axia Financial Llc

Loan start date

May 2021

Original loan amount

$485,000

Est. remaining balance

$445,953

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Mitchell Krmpotich and Denice Montero

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$620,000
3 bd
|
3 ba
|
1,913 sq ft
|
House

2209 East Windsor Avenue, Phoenix, AZ 85006

Price drop
ArizonaRegional
$559,900
3 bd
|
3 ba
|
1,564 sq ft
|
House

2937 East Osborn Road, Phoenix, AZ 85016

ArizonaRegional
$525,000
3 bd
|
2.75 ba
|
2,051 sq ft
|
House

2601 East Virginia Avenue, Phoenix, AZ 85008

Status: Active

Tomo last checked: 02/23/2025 at 8:25 AM

Listing updated: 02/21/2025 at 9:30 AM

Listed by: Neil P Gatten, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6761770

ArizonaRegional logo

Recently listed in Phoenix