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$1,300,000

Beds
5
Baths
4.0
sq ft
3,764

37327 North 16th Street, Phoenix, AZ 85086

37327 North 16th Street

Phoenix, AZ 85086

  • 16 days on market
    • Open house Feb 23
Southwestern Elegance Meets Modern Comfort! Prepare to be amazed by this stunning 5-bedroom, 4-bathroom Santa Fe-style estate in the heart of North Phoenix! This includes a separate guest house—a self-contained living space complete with its own living area, kitchen, and even a laundry room, making it perfect for guests, in-laws, or rental income. A combined total of 3,764 sqft on 1.3 acres. From the moment you arrive, the impressive curb appeal, beautifully manicured desert landscaping, and spacious 3-car side garage set the stage for what's inside. Step through the front door into a warm and inviting open floor plan featuring soaring ceilings with exposed wood beams, elegant wood-look flooring, and a cozy fireplace, perfect for cool desert evenings. The gourmet kitchen is a chef's dream, boasting crisp white cabinetry with crown molding, gleaming countertops, stainless steel appliances, recessed lighting, a pantry, a prep island, and a charming breakfast bar - ideal for casual dining or entertaining guests. The primary suite is a true retreat, with double-door entry, private outdoor access, a spacious walk-in closet, and a spa-like ensuite featuring dual sinks and a luxurious garden tub. The expansive backyard patio is the perfect place to relax and unwind, offering plenty of space for outdoor gatherings or simply enjoying the Arizona sunset. This incredible home has it all, don't miss your chance before it's gone!

Details

Property type

Single Family Residence

Est. home value

$982,519

Lot size

1.38 acres

Price per sq ft

$346

Year built

1999

Annual property taxes

$5,413

HOA

No

Price History

02/07/2025
ArizonaRegional

ArizonaRegional #6814613

Listed
$1,300,000
+29.68%
04/22/2022
ArizonaRegional

ArizonaRegional #6361831

Sold
$1,002,500

Schools & Community

Elementary school: 

Desert Mountain School

Middle school: 

Desert Mountain School

High school: 

Boulder Creek High School

High school district: 

Deer Valley Unified 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

$675,619
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$520,381
Cash to seller
$675,619

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2022

Original loan amount

$550,000

Est. remaining balance

$520,381

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Nicholas Correa and Janice Mercer

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: 02/23/2025 at 12:05 PM

Listing updated: 02/23/2025 at 1:03 AM

Listed by: Vince Correa, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6814613

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