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$320,000

Beds
4
Baths
1.75
sq ft
1,667

3042 North 87th Avenue, Phoenix, AZ 85037

3042 North 87th Avenue

Phoenix, AZ 85037

  • 15 days on market
    • Price drop $20,000↓
Affordable house needing TLC to make it a home. Split bedroom is full of possibilities at a great price. Featuring a spacious dining room, cozy family room with French doors leading to a large backyard. Backyard is a blank slate to create your dream outdoor space. With schools and shopping centers just minutes away, this home is a prime location.

Details

Property type

Single Family Residence

Est. home value

$369,064

Property condition

Fixer

Lot size

6,917 sq ft

Price per sq ft

$192

Year built

1974

Annual property taxes

$1,569

HOA

No

Price History

02/15/2025
ArizonaRegional

ArizonaRegional #6817392

Listed
$320,000
02/14/2025
ArizonaRegional

ArizonaRegional #6817392

Pending
$320,000
02/13/2025
ArizonaRegional

ArizonaRegional #6817392

Price change
$320,000
-5.88%

Schools & Community

Neighborhood: 

Maryvale

Elementary school: 

Pendergast Elementary School

Middle school: 

Pendergast Elementary School

High school: 

Copper Canyon High School

High school district: 

Tolleson 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

$115,882
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$178,518
Cash to seller
$115,882

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

Seller’s Loan History

Lender

Priority Financial Network

Loan start date

December 2020

Original loan amount

$196,500

Est. remaining balance

$178,518

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Juan Manuel Reyes Serrano

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: 02/23/2025 at 2:05 AM

Listing updated: 02/14/2025 at 5:35 PM

Listed by: Graciela Vega, Realty ONE Group Phone #: (623) 236-1414

MLS: ArizonaRegional #6817392

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