tomo logo

$1,100,000

Beds
3
Baths
3.0
sq ft
2,458

3126 North 6th Avenue, Phoenix, AZ 85013

3126 North 6th Avenue

Phoenix, AZ 85013

  • 44 days on market
Seller Carry - 3.5% - Wrap Around Loan Available: Seller has remaining balance of approximately 490k. They are willing to carry that 490k for the buyer at a rate of 3.5%!! One-of-a-Kind Architectural Masterpiece in North Park Central. Welcome to one of Phoenix's most unique homes! Originally crafted by renowned architect Romauldo DeBlas in 1976, this architectural gem in the North Park Central neighborhood is truly one of a kind. It stands out with its bold mid-century influence paired with forward-thinking modern design, creating a home that is both timeless and visionary. In a city where basement homes are rare, this property is unmatched in character and style. Property Highlights: - Mid-Century Modern Design: Built by Romauldo DeBlas with recent updates that enhance its original architectural vision. - Architectural Beauty with exposed CMU blocks, soaring glass walls, and clerestory windows, providing stunning natural light and open space. - Eco-Friendly Features: Solar panels (leased with the home) and parking for 4+ vehicles with EV charging capability, promoting sustainable living. - Entertainment-Focused Amenities: A spacious pool with a large deck and seating area, a relaxing jacuzzi, and a finished basement ideal for gatherings. Nestled centrally in Phoenix this desert oasis offers both relaxation and function. Whether you're looking for a remarkable residence or an income-generating property, this home checks all the boxes. Currently operating as a short-term rental with a packed calendar, it has proven to deliver impressive returns of 50k-70k Annual Revenue. Over $125,000 in recent upgrades and repairs, including: - New sewer and water lines from the house to the street. - Pool resurfacing with Pebble Tec, complete with a 20-year warranty. - All pool pump components upgraded for maximum efficiency. - Liberty Home Guard extended home warranty covering everything inside the home for 5 years. Please Note: Showings will be available starting in early December due to its high-demand rental schedule. Don't miss the opportunity to own this one-of-a-kind Phoenix landmark, blending history, design, and incredible investment potential! Home furnishings are available for purchase if desired.

Details

Property type

Single Family Residence

Est. home value

$850,753

Lot size

7,131 sq ft

Price per sq ft

$448

Year built

1976

Annual property taxes

$3,193

Price History

10/05/2024
ArizonaRegional

ArizonaRegional #6767223

Listed
$1,100,000
+77.42%
09/29/2020
ArizonaRegional

ArizonaRegional #6013170

Sold
$620,000

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

$538,559
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$473,441
Cash to seller
$538,559

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2021

Original loan amount

$512,000

Est. remaining balance

$473,441

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Nicholas J Gavin

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: 11/19/2024 at 10:30 AM

Listing updated: 11/05/2024 at 2:25 PM

Listed by: Zack Bruce Lindsay, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6767223

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