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$639,000

Beds
3
Baths
2.5
sq ft
2,110

2801 East Osborn Road, Phoenix, AZ 85016

2801 East Osborn Road

Phoenix, AZ 85016

  • 58 days on market
    • Price drop $10,000↓
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

$303

Year built

1951

Annual property taxes

$2,506

Price History

10/29/2024
ArizonaRegional

ArizonaRegional #6761770

Price change
$639,000
-1.54%
09/24/2024
ArizonaRegional

ArizonaRegional #6761770

Listed
$649,000
+29.8%
05/20/2021
ArizonaRegional

ArizonaRegional #6222345

Sold
$500,000
+78.64%

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

$139,181
Asking price
$639,000
Closing costs (~8% of asking)
-$51,120
Est. remaining loan balance
-$448,699
Cash to seller
$139,181

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

$448,699

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?

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Status: Active

Tomo last checked: 11/22/2024 at 8:45 AM

Listing updated: 10/29/2024 at 1:25 PM

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

MLS: ArizonaRegional #6761770

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