tomo logo

$364,000

Beds
2
Baths
2.0
sq ft
1,344

3600 North 5th Avenue Unit 205, Phoenix, AZ 85013

3600 North 5th Avenue Unit 205

Phoenix, AZ 85013

  • 68 days on market
    • Price drop $10,000↓
Welcome to city living in this historic mid-century modern building. Gated covered parking and secured entry with an elevator for easy access after a long day of shopping. Encanto adjacent, enjoy your favorite restaurants and parks. Easy light-rail access. Enjoy 2 private balconies, 2 bedrooms. 2 full baths and a flex space for those working from home. Great room floor plan with tons of natural light. The kitchen has storage galore with extra counter space and cabinets for entertaining. Huge primary with en-suite bath and private balcony. Washer and Dryer are installed and convey.

Details

Property type

Condominium

Est. home value

$395,225

Lot size

1,371 sq ft

Price per sq ft

$271

Year built

1961

Annual property taxes

$1,811

Monthly HOA fee

$447

Price History

06/25/2024
ArizonaRegional

ArizonaRegional #6688662

Price change
$364,000
-2.67%
06/05/2024
ArizonaRegional

ArizonaRegional #6688662

Price change
$374,000
-0.27%
05/13/2024
ArizonaRegional

ArizonaRegional #6688662

Price change
$375,000
-3.35%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Osborn Middle School

High school: 

Central 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

$157,876
Asking price
$364,000
Closing costs (~8% of asking)
-$29,120
Est. remaining loan balance
-$177,004
Cash to seller
$157,876

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

Seller’s Loan History

Lender

Ethos Lending Llc

Loan start date

January 2020

Original loan amount

$194,000

Est. remaining balance

$177,004

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Ryan Thomsen and Sean Larson

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: 07/02/2024 at 9:20 AM

Listing updated: 06/25/2024 at 11:13 AM

Listed by: Andrew Sauers, Watermark Arizona Properties Phone #: (602) 740-3820

MLS: ArizonaRegional #6688662

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