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$254,990

Beds
1
Baths
1.0
sq ft
824

3302 North 7th Street Unit 368, Phoenix, AZ 85014

3302 North 7th Street Unit 368

Phoenix, AZ 85014

  • 35 days on market
    • Price drop $5,000↓
** Seller is offering 2% in concessions to help with buyer closing costs and/or rate buy-down! ** Move-in ready condo in the heart of mid-town Phoenix, right across the street from the Phoenix Country Club! Brick Commons features resort-style living with a putting green, billiard room, fitness center, movie theater room, plus a pool and spa! This unit features granite countertops, stainless steel appliances, an accent wall with computer work station, plus pendant lighting! HVAC replaced in 2018. Easy access to the Light Rail and all that both downtown and mid-town Phoenix have to offer!

Details

Property type

Condominium

Est. home value

$285,522

Lot size

824 sq ft

Price per sq ft

$310

Year built

1999

Annual property taxes

$1,159

Monthly HOA fee

$233.76

Price History

06/26/2024
ArizonaRegional

ArizonaRegional #6709886

Price change
$254,990
-1.92%
05/30/2024
ArizonaRegional

ArizonaRegional #6709886

Listed
$259,990

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Longview Elementary School

Middle school: 

Abraham Lincoln Traditional School

High school: 

Central High School

Community features: 

Gated, Clubhouse, 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

$168,438
Asking price
$254,990
Closing costs (~8% of asking)
-$20,399
Est. remaining loan balance
-$66,153
Cash to seller
$168,438

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

Seller’s Loan History

Lender

Peoples Mortgage Co

Loan start date

June 2009

Original loan amount

$98,400

Est. remaining balance

$66,153

Interest rate

4.8%

Loan type

New Conventional, 30 year

Seller

Jia Xie

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: 07/04/2024 at 11:00 AM

Listing updated: 06/26/2024 at 12:13 PM

Listed by: Theodore J Bland, Libertas Real Estate Phone #: (623) 271-9742

MLS: ArizonaRegional #6709886

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