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$475,000

Beds
3
Baths
1.75
sq ft
1,744

2834 East Fraktur Road, Phoenix, AZ 85040

2834 East Fraktur Road

Phoenix, AZ 85040

  • 144 days on market
    • Price drop $11,900↓
$6,500 credit toward closing costs or rate buy down when you purchase this lovely home. Nestled in the heart of an exclusive gated community, this home offers a separate entry area, three bedrooms, and a flex room. The kitchen features an expansive island complete with a breakfast bar, tile backsplash, a pantry, and pendant lighting. Throughout most of the home is wood-look tile flooring which compliments the carpeting found in the bedrooms and flex room. While inside, the spacious layout maximizes comfort without compromising style.The gated community offers security and tranquility, green belts, a child's play area, gazebos with picnic tables, BBQ grills, and an enclosed dog park.

Details

Property type

Single Family Residence

Est. home value

$487,025

Lot size

4,950 sq ft

Price per sq ft

$273

Year built

2018

Annual property taxes

$2,789

Monthly HOA fee

$138

Price History

09/27/2024
ArizonaRegional

ArizonaRegional #6722845

Price change
$475,000
-2.44%
08/20/2024
ArizonaRegional

ArizonaRegional #6722845

Price change
$486,900
-2.42%
06/23/2024
ArizonaRegional

ArizonaRegional #6722845

Listed
$499,000
+12.13%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

T G Barr School

Middle school: 

T G Barr School

High school: 

South Mountain High School

Community features: 

Gated, Playground

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

$44,114
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$392,886
Cash to seller
$44,114

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

July 2021

Original loan amount

$422,750

Est. remaining balance

$392,886

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Debra Ann Morgan

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: 11/14/2024 at 3:45 PM

Listing updated: 10/03/2024 at 9:39 AM

Listed by: Deborah A Brewer, HomeSmart Phone #: (602) 889-2135

MLS: ArizonaRegional #6722845

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