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$395,000

Beds
3
Baths
3.0
sq ft
2,230

3428 West Fraktur Road, Phoenix, AZ 85041

3428 West Fraktur Road

Phoenix, AZ 85041

  • 146 days on market
    • Price drop $4,000↓
This spacious 2-story home offers an amazing location and incredible flexibility for your needs. With a newer AC, water heater, and garage door opener, al replaced in 2023, plus fresh carpet JUST INSTALLED, it's ready for you! The finished pool-sized backyard is already landscaped with pavers and low-maintenance artificial turf, making it perfect for outdoor gatherings. This home has the potential to be a 5-bedroom! Add a wall and closet upstairs or convert the downstairs office into an additional bedroom—while still keeping the large loft as a media or play area. The layout includes a formal living room, an open office (or bedroom), and a full bathroom downstairs for convenience. The unbeatable central location puts everything you need just minutes away: Schools, parks, and gyms are within 1-2 miles. Shopping centers, pharmacies, and dining options are all under 1.5 miles. Conveniently located near Downtown and the airport for effortless commuting. Plus, ask about down payment assistance programs or the opportunity to assume the seller's incredible 3.125% interest rate! Don't miss this amazing opportunity to own a home that combines a large backyard, flexible floor plan, and a prime location with unbeatable access to everything you need.

Details

Property type

Single Family Residence

Est. home value

$404,736

Lot size

4,974 sq ft

Price per sq ft

$178

Year built

2005

Annual property taxes

$1,720

Monthly HOA fee

$81.6

Price History

12/03/2024
ArizonaRegional

ArizonaRegional #6741833

Price change
$395,000
-1%
09/16/2024
ArizonaRegional

ArizonaRegional #6741833

Price change
$399,000
-2.44%
09/04/2024
ArizonaRegional

ArizonaRegional #6741833

Price change
$408,990

Schools & Community

Neighborhood: 

Laveen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground, Sidewalks

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

$212,247
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$151,153
Cash to seller
$212,247

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

Seller’s Loan History

Lender

Moria Development Inc

Loan start date

July 2016

Original loan amount

$184,594

Est. remaining balance

$151,153

Interest rate

3.64%

Loan type

FHA, 30 year

Seller

Rene Alvarez Sastre and Maria I Ruiz

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: 01/03/2025 at 12:30 AM

Listing updated: 12/19/2024 at 2:37 PM

Listed by: Cinthya Lorena Raudales, West USA Realty Phone #: (480) 893-0600

MLS: ArizonaRegional #6741833

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