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$349,664Estimated home value

Beds
2
Baths
1.8
sq ft
974

3147 East Michigan Avenue, Phoenix, AZ 85032

3147 East Michigan Avenue

Phoenix, AZ 85032

  • Sold On 4/4/2025
This quaint home invites natural light through the soaring ceilings and South facing back patio. As you walk through the front door, this split plan welcomes you home while maximizing space. The kitchen has a breakfast bar to enjoy a dinner for two, and if you like to entertain the breakfast nook table is ready for meals with friends or family. Both bedrooms also have cathedral ceilings a rare find. If you love the Arizona lifestyle and outdoor living, this home checks off the boxes. An extended patio with space for a hot tub, a planter to grow vegetables, or even space for pets to play The location is perfect and convenient to everything from Paradise Valley Community College, Pv golf course, a dog park and community pool. If you commute to town, the 51 is 1 mile away From the 51 (a mile away) access to the 101 for shopping at Desert Ridge Marketplace, and endless options of restaurants like Flower Child, The Yard House, The Backyard and more! The second bedroom can easily double as an office space, or an exercise room. There is so much that make it perfect for a first home, buyers looking to downsize or as a turn key, lock/leave winter home. Easy maintenance and low HOA add to its appeal. The yard is big enough to accommodate a spool and/or garden. As an added bonus ....the AC is almost brand new, fully replaced in February 2024, and the water heater was replaced in 2019!! This home wont last...- it's vacant and ready for the new owners to make it their own.

Details

Property type

Single Family Residence

Est. home value

$349,664

Lot size

4,040 sq ft

Price per sq ft

$410

Year built

1989

Annual property taxes

$1,005

Monthly HOA fee

$11.67

Price History

04/04/2025
ArizonaRegional

ArizonaRegional #6819304

Sold
$381,000
-4.51%
02/28/2025
ArizonaRegional

ArizonaRegional #6819304

Pending
$399,000
02/15/2025
ArizonaRegional

ArizonaRegional #6819304

Listed
$399,000
+28.25%

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

Campo Bello Elementary School

Middle school: 

Vista Verde Middle School

High school: 

Paradise Valley High School

High school district: 

Paradise Valley Unified 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

$138,857
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$228,223
Cash to seller
$138,857

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

Seller’s Loan History

Lender

Watermark Capital Inc

Loan start date

June 2021

Original loan amount

$248,890

Est. remaining balance

$228,223

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Joseph Zumbrun and Skyler Barrett

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: Off Market

Tomo last checked: 04/04/2025 at 11:00 AM

Listing updated: 04/04/2025 at 10:43 AM

Listed by: Launi Brockett, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6819304

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