tomo logo

$330,000

Beds
1
Baths
1.0
sq ft
869

3242 East Camelback Road Unit 105, Phoenix, AZ 85018

3242 East Camelback Road Unit 105

Phoenix, AZ 85018

  • 5 days on market
    • Price drop $5,000↓
Fully Renovated and updated 1 Bd, 1 Ba Trendy Mid-Century Modern Condo in the heart of the Biltmore Shopping District. Walk to restaurants and shopping and entertainment. Close to spring training fields. Walk to Biltmore Fashion Park, short trip to Scottsdale Fashion Square. Available Fully turnkey as a cash flowing investment. Found in a perfect location, this Mid-Century Condo development has retained its original charm. The unit is renovated and decorated in an updated mid-century modern style and provides an awesome place to stay in the heart of the Biltmore Shopping District. It has a superior walk score, with fine restaurants literally across the street. It's just a short stroll to the Biltmore Fashion Park, and a short drive to Scottsdale Fashion Square, and Old Town Scottsdale. The property is suitable as an investment, with no restrictions on rental period. See attached investment summary document for details.

Details

Property type

Condominium

Est. home value

$296,087

Lot size

748 sq ft

Price per sq ft

$380

Year built

1960

Annual property taxes

$884

Monthly HOA fee

$343.33

Price History

01/20/2025
ArizonaRegional

ArizonaRegional #6806514

Price change
$330,000
-1.49%
01/17/2025
ArizonaRegional

ArizonaRegional #6806514

Listed
$335,000
+97.06%
03/13/2019
ArizonaRegional

ArizonaRegional #5857605

Sold
$170,000
+83.78%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Biltmore Preparatory Academy

Middle school: 

Biltmore Preparatory Academy

High school: 

Camelback High School

Community features: 

Pool

High school district: 

Phoenix Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Foothills Bank

Loan start date

February 2019

Original loan amount

$119,000

Est. remaining balance

Not provided

Interest rate

4.45%

Loan type

Commercial

Seller

Vrip2 Llc

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: 01/21/2025 at 6:10 PM

Listing updated: 01/20/2025 at 2:30 PM

Listed by: Steve Sorenson, Venture REI, LLC Phone #: (480) 858-8734

MLS: ArizonaRegional #6806514

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