tomo logo

$299,900

Beds
2
Baths
1.0
sq ft
1,060

406 North 18th Avenue, Phoenix, AZ 85007

406 North 18th Avenue

Phoenix, AZ 85007

  • <1 day on market
Nestled in the vibrant heart of downtown's Oakland Historic District, this home is brimming with possibilities. With a little TLC, it can transform into your dream residence or an excellent multi-family investment, as it's already zoned for that purpose. Enjoy the convenience of being just a short walk away from ASU Downtown, the Grand Avenue Arts District, trendy galleries, cozy coffee shops, and a variety of eateries. This affordable gem is located in an up-and-coming neighborhood, offering a perfect blend of urban living and community charm. Imagine sipping wine on your front porch while taking in stunning views of the downtown Phoenix skyline at night. Don't miss the opportunity to make this home your own!

Details

Property type

Single Family Residence

Est. home value

$344,813

Lot size

8,700 sq ft

Price per sq ft

$283

Year built

1919

Annual property taxes

$1,374

Price History

10/09/2024
ArizonaRegional

ArizonaRegional #6768568

Listed
$299,900
+134.3%
08/20/2015
ArizonaRegional

ArizonaRegional #5305026

Sold
$128,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Capitol Elementary School

Middle school: 

Kenilworth Elementary School

High school: 

Central High School

Community features: 

Playground

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

$117,074
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$158,834
Cash to seller
$117,074

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

May 2022

Original loan amount

$165,000

Est. remaining balance

$158,834

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Chanel L Ozaeta

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?

Status: Active

Tomo last checked: 10/09/2024 at 1:20 PM

Listing updated: 10/09/2024 at 12:01 PM

Listed by: Jahnay Finklea, Networth Realty of Phoenix Phone #: (480) 454-1054

MLS: ArizonaRegional #6768568

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