tomo logo

$499,900

Beds
1
Baths
2.0
sq ft
1,014

3131 North Central Avenue Unit 3001, Phoenix, AZ 85012

3131 North Central Avenue Unit 3001

Phoenix, AZ 85012

  • 1 day on market
Welcome to Edison Midtown. Highly upgraded one bedroom plus bonus room for additional bedroom or office. 2 full bathrooms, one with tub/shower combination. Upgraded cabinetry with custom shelves, drawers and inserts. Upgraded appliances. Over $20,000 in upgrades, see doc tab. Unique end unit with additional 150sq ft. of balcony to enjoy the outdoors. Premium stainless steel appliances, real wood and tile flooring, The community offers secured access to the building and garage. A 2000 sq. ft. fitness club, outdoor yoga, flexible entertaining spaces with outdoor kitchen, dining, BBQ and fire pit seating areas. Dog wash and park for your furry friends. Secure bike storage. A 300 cubic ft. storage unit is also available under separate bill of sale. Walk to restaurants and entertainment. Light rail, fitness clubs, Park Central all within walking distance. All new Home 2 Suites by Hilton across the street for your out of town guests. In the center of a revitalized downtown setting for secure and comfortable urban living.

Details

Property type

Condominium

Est. home value

$455,005

Lot size

1,079 sq ft

Price per sq ft

$493

Year built

2018

Annual property taxes

$2,895

Monthly HOA fee

$371.65

Price History

03/15/2025
ArizonaRegional

ArizonaRegional #6836080

Listed
$499,900

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Clarendon School

High school: 

Central High School

Community features: 

Gated, Clubhouse, Fitness Center, Pool

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

$336,572
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$123,336
Cash to seller
$336,572

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

November 2020

Original loan amount

$165,100

Est. remaining balance

$123,336

Interest rate

2.4%

Loan type

New Conventional, 15 year

Seller

Peter Madine and Virgina Mullins

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?

Status: Active

Tomo last checked: 03/17/2025 at 12:25 AM

Listing updated: 03/15/2025 at 2:43 PM

Listed by: Gregory Schamp, West USA Realty Phone #: (602) 942-4200

MLS: ArizonaRegional #6836080

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