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$625,000

Beds
3
Baths
2.0
sq ft
1,500

2937 North 16th Drive, Phoenix, AZ 85015

2937 North 16th Drive

Phoenix, AZ 85015

  • 22 days on market
WOW!!! Welcome to this stunning move-in-ready home in the highly sought after North Encanto Historic District, completely transformed from top to bottom. It features a newer roof, AC, brand new sub & main electrical panel, LVP flooring, updated electrical, plumbing, and modernized kitchen and baths. While upgraded, it retains charming historic features like a large brick fireplace and a vintage outdoor grill. The reconfigured floor plan includes a primary suite with an ensuite bath. Outside, the front yard has lush grass, and the backyard offers low-maintenance turf. The oversized two-car garage with built-in cabinets provides ample storage. Located on a quiet street, this home blends historic charm with modern living.

Details

Property type

Single Family Residence

Est. home value

$443,150

Lot size

8,300 sq ft

Price per sq ft

$417

Year built

1941

Annual property taxes

$2,147.66

Price History

10/31/2024
ArizonaRegional

ArizonaRegional #6777847

Listed
$625,000
+68.92%
08/16/2024
ArizonaRegional

ArizonaRegional #6732288

Sold
$370,000
-7.27%
08/08/2024
ArizonaRegional

ArizonaRegional #6732288

Pending
$399,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto 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

$547,336
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$27,664
Cash to seller
$547,336

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

Seller’s Loan History

Lender

Crossland Mtg

Loan start date

December 1998

Original loan amount

$100,000

Est. remaining balance

$27,664

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Jason R Falk

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 4:40 AM

Listing updated: 11/18/2024 at 11:40 AM

Listed by: Dame Ndiaye, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6777847

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