tomo logo

$399,900

Beds
2
Baths
2.0
sq ft
1,374

3600 North 5th Avenue Unit 307, Phoenix, AZ 85013

3600 North 5th Avenue Unit 307

Phoenix, AZ 85013

  • 65 days on market
    • Price drop $8,100↓
Don't miss the chance to own a stunning and remodeled mid-century modern home in the heart of Phoenix's historic Melrose District! This spacious 2-bed, 2 bath, 1374 sq ft condo offers a convenient, modern living lifestyle. Enjoy a tranquil living space with soundproof floors, a corner unit providing a light-filled layout, and a sleek kitchen featuring quartz counters, cherry cabinets, stainless steel appliances and open access to the dining and living space for seamless entertaining. The primary suite offers dual closets, a glass shower ensuite bath, and convenient balcony access. Relax on your patio with rare downtown and mountain views, plus extra storage. With only 25 units, pool, and gated parking, this gem is centrally located near fabulous dining, shops, light rail, and more!

Details

Property type

Condominium

Est. home value

$402,408

Lot size

1,405 sq ft

Price per sq ft

$292

Year built

1961

Annual property taxes

$1,849

Monthly HOA fee

$447

Price History

10/02/2024
ArizonaRegional

ArizonaRegional #6754357

Price change
$399,900
-1.99%
09/11/2024
ArizonaRegional

ArizonaRegional #6754357

Listed
$408,000
+0.12%
10/24/2023
ArizonaRegional

ArizonaRegional #6599425

Sold
$407,500
+81.11%

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

-$23,489
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$391,397
Cash to seller
-$23,489

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2023

Original loan amount

$395,275

Est. remaining balance

$391,397

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Jordan Fredricks

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: 11/14/2024 at 6:20 PM

Listing updated: 10/02/2024 at 4:19 PM

Listed by: Sara J Weller, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 467-4900

MLS: ArizonaRegional #6754357

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