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$650,000

Beds
4
Baths
3.0
sq ft
1,838

3823 North 8th Street, Phoenix, AZ 85014

3823 North 8th Street

Phoenix, AZ 85014

  • 403 days on market
    • Price drop $49,000↓
Seller carry. Interest rate 3.75 Seller is requiring 10.5 percent down. This home is also ideal for the investor that caters to traveling nurses. Minutes away from Phoenix Children's Hospital. The main home has three bedrooms, two baths. With a very private studio apartment one bedroom with a kitchenette along with separate entrance. The property has been remodeled extensively new roof, new windows, fresh paint along with completely remodeled kitchen and bathroom. Flooring in the main house just completely redone with new Sub floor and vinyl plank flooring. Garage set up as a huge game room that can easily be converted back to a double car g Owner to give a credit or paint the themed rooms.

Details

Property type

Single Family Residence

Est. home value

$705,089

Lot size

7,052 sq ft

Price per sq ft

$354

Year built

1920

Annual property taxes

$1,220

Price History

09/04/2024
ArizonaRegional

ArizonaRegional #6614730

Price change
$650,000
-7.01%
03/28/2024
ArizonaRegional

ArizonaRegional #6614730

Price change
$699,000
-0.85%
10/06/2023
ArizonaRegional

ArizonaRegional #6614730

Listed
$705,000
+8.46%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Longview Elementary School

Middle school: 

Osborn Middle School

High school: 

North 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

$44,083
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$553,917
Cash to seller
$44,083

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

Seller’s Loan History

Lender

Onyx Lending Llc

Loan start date

February 2022

Original loan amount

$585,000

Est. remaining balance

$553,917

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Kyle Rausch and Brett Robert Gilbert

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: 11/12/2024 at 6:15 PM

Listing updated: 10/14/2024 at 9:47 AM

Listed by: Sonya Buerger, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6614730

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