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$649,000

Beds
3
Baths
3.0
sq ft
1,708

2917 North 8th Avenue, Phoenix, AZ 85013

2917 North 8th Avenue

Phoenix, AZ 85013

  • 16 days on market
Are you a savvy, creative buyer looking for an unbelievable investment? THIS is it! Completely modern and updated single level home with a separate guest house make this property unique and open for opportunity. Whether you're thinking of ''house hacking'' with rental income or looking to create double cash-flow off one property, there are SO many options. Main house is 1081sqft & guest house 627sqft with two RV gates to create space and separation if desired. Cozy interiors feature a clean, neutral palette, ceiling fans, window blinds, and wood-look tile throughout the entire house. Sewer, electrical, A/C, new cabinets, tile, windows doors, A/C ducts, new water lines, blown in insulation - all of it is DONE and move-in ready!

Details

Property type

Single Family Residence

Est. home value

$630,504

Lot size

7,810 sq ft

Price per sq ft

$380

Year built

1941

Annual property taxes

$742

Price History

10/23/2024
ArizonaRegional

ArizonaRegional #6770545

Listed
$649,000
-0.15%
06/17/2022
ArizonaRegional

ArizonaRegional #6393374

Sold
$650,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Kenilworth Elementary School

Middle school: 

Osborn Middle School

High school: 

Central 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

$64,998
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$532,082
Cash to seller
$64,998

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

June 2022

Original loan amount

$552,500

Est. remaining balance

$532,082

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Marina Gina Whitfield

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: 11/08/2024 at 9:45 AM

Listing updated: 10/23/2024 at 7:10 AM

Listed by: Chelsea Hamilton, Citiea Phone #: (480) 870-3110

MLS: ArizonaRegional #6770545

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