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$685,000

Beds
2
Baths
1.0
sq ft
1,038

363 East Windsor Avenue, Phoenix, AZ 85004

363 East Windsor Avenue

Phoenix, AZ 85004

  • 51 days on market
The price reflects the spacious double lot and the options it creates...see Documents for details. This classic 1925 brick home is a perfect blend of original charm and modern infrastructure in Midtown on a quiet, neighborly, tree-lined street of 1920's- 1940's homes walkable to light rail. A generously sized kitchen with French doors opens to back yard. Enjoy the north-facing front porch on treed & quiet street. Restored original features include: wood floors, tiled bathroom, cove ceiling, doors & hardware, windows, and fireplace with built-ins. New infrastructure includes a/c unit, h/w heater, new wiring, gas and plumbing lines, & new sewer lines & Solar. A small basement houses the h/w heater and A/C so the attic is a blank slate ready for expansion! A wide north facing front porch overlooks a desert shade garden. A basement efficiently houses the hot water heater, a/c air handler and ductwork, leaving the large attic space as a blank canvas ready for your expansion plans where a second bathroom and additional living space can be created. A key aspect of this house is its double- size lot within the Infill Overlay District. What does that mean for you? This house and land can also serve as an investment vehicle if you wish to create one or several homes on the rear portion of the lot. The price reflects the value of the additional land at a discount as part of the overall sale rather than as a separate listing. The lot split process is underway with the intention of working with the buyer of this property to modify or customize the lot split plan before it its finalized. It's the best of both worlds - you can enjoy the unusually large yard, while having the flexibility of building on it down the road, selling it, or creating a family compound. Whatever your plans, it's a great location and brimming with possibility, and also enjoyable as it is. This block of Windsor is in the middle of the the largest contiguous walkable historic neighborhoods in Phoenix, Coronado and Willo Historic Districts. The Phoenix Country Club is two blocks away and a lovely place to stroll. The Windsor Oval Park is a couple of blocks to the East in Coronado. The midtown area is vibrant. New townhomes were recently completed at the end of the block and are selling for over $800K. Embry-Riddle University is building a new campus on nearby 7th street and Creighton University Health Sciences Campus recently opened a few blocks away. ASU downtown campus is growing and includes the Sandra Day O'Connor Law School, Thunderbird School of Global Management along with the University of Arizona College of Medicine and biomedical campus. Major medical centers and hospitals are within a 1- 2 mile radius.

Details

Property type

Single Family Residence

Est. home value

$476,732

Lot size

0.24 acres

Price per sq ft

$660

Year built

1925

Annual property taxes

$2,272

Price History

09/24/2024
ArizonaRegional

ArizonaRegional #6761383

Listed
$685,000
+144.64%
05/22/2017
ArizonaRegional

ArizonaRegional #5581733

Sold
$280,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Clarendon School

Middle school: 

Phoenix Prep Academy

High school: 

Central High School

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

$594,952
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$35,248
Cash to seller
$594,952

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

Seller’s Loan History

Lender

Bank United

Loan start date

November 2000

Original loan amount

$84,000

Est. remaining balance

$35,248

Interest rate

7.88%

Loan type

New Conventional, 30 year

Seller

Richard K Peffley and Janice Peffley

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 3:15 PM

Listing updated: 10/21/2024 at 1:15 PM

Listed by: Marcia L Karasek, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6761383

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