tomo logo

$615,000

Beds
2
Baths
2.0
sq ft
1,109

3131 North Central Avenue Unit 7002, Phoenix, AZ 85012

3131 North Central Avenue Unit 7002

Phoenix, AZ 85012

  • 27 days on market
    • Price drop $5,000↓
Beautiful top level views and urban living at the exclusive Edison Midtown. This 2-Bedroom 2-Bath condo offers open living area with wood flooring throughout, large windows, 11' ceilings, with amazing daytime and evening views overlooking the courtyard and pool area. The gorgeous kitchen features white cabinets, white quartz countertops, tile backsplash, and stainless-steel Bosch appliances. A separate storage unit is also included. Edison Midtown features remarkable amenities which includes a large fitness center, pool and spa, indoor and outdoor lounges, bbq area, and gated garage parking! Don't let this beautiful condo pass you by!

Details

Property type

Condominium

Est. home value

$546,160

Lot size

1,182 sq ft

Price per sq ft

$555

Year built

2018

Annual property taxes

$3,493

Monthly HOA fee

$533.41

Price History

11/01/2024
ArizonaRegional

ArizonaRegional #6775741

Price change
$615,000
-0.81%
10/25/2024
ArizonaRegional

ArizonaRegional #6775741

Listed
$620,000
+30.94%
08/25/2020
ArizonaRegional

ArizonaRegional #5877818

Sold
$473,500

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Clarendon School

High school: 

Central High School

Community features: 

Gated, Fitness Center

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

$221,366
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$344,434
Cash to seller
$221,366

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

Seller’s Loan History

Lender

Lhm Financial Corp

Loan start date

July 2020

Original loan amount

$378,800

Est. remaining balance

$344,434

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Michael Hung and Pattiya Wattananimitgul

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 3:45 AM

Listing updated: 10/31/2024 at 5:10 PM

Listed by: Pongpak Wattananimitgul, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6775741

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