tomo logo

$324,000

Beds
1
Baths
1.0
sq ft
838

3235 East Camelback Road Unit 118, Phoenix, AZ 85018

3235 East Camelback Road Unit 118

Phoenix, AZ 85018

  • 50 days on market
    • Price drop $11,000↓
Welcome to the charming gated community of Camelback Fountains! As you step into this inviting 1 bedroom, 1 bathroom condo you are welcomed by an open dining area and kitchen which includes a breakfast bar, granite countertops, stainless steel appliances including a double basin sink, and a spacious walk-in pantry. The home's living area features a cozy fireplace and a sliding glass door that leads to a shaded, private patio with outdoor storage closet. The primary bedroom offers a peaceful retreat, complete with new flooring, a second sliding glass door to the patio and a spacious walk-in closet with built-in shelving for optimal organization.The bathroom features a shower & tub combo and updated vanity with modern fixtures. This condo offers an enriched community atmosphere with a shared pool and spa. Just minutes from both the Biltmore Corridor and Central Phoenix, this condo offers close proximity to the 51 and the best in shopping, entertainment, food and more! Don't miss your opportunity to make this home yours!

Details

Property type

Condominium

Est. home value

$316,473

Lot size

971 sq ft

Price per sq ft

$387

Year built

1989

Annual property taxes

$1,686

Monthly HOA fee

$329.33

Price History

11/07/2024
ArizonaRegional

ArizonaRegional #6761726

Price change
$324,000
-3.28%
10/09/2024
ArizonaRegional

ArizonaRegional #6761726

Price change
$335,000
-1.47%
09/24/2024
ArizonaRegional

ArizonaRegional #6761726

Listed
$340,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Creighton Elementary School

Middle school: 

Biltmore Preparatory Academy

High school: 

Camelback High School

Community features: 

Gated

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

$244,776
Asking price
$324,000
Closing costs (~8% of asking)
-$25,920
Est. remaining loan balance
-$53,304
Cash to seller
$244,776

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

September 2011

Original loan amount

$74,300

Est. remaining balance

$53,304

Interest rate

4.52%

Loan type

New Conventional, 30 year

Seller

Velika Lotwala

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: 11/13/2024 at 8:10 PM

Listing updated: 11/07/2024 at 7:35 AM

Listed by: Debbie Pontikas, RETSY Phone #: (602) 842-0000

MLS: ArizonaRegional #6761726

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