tomo logo

$275,000

Beds
2
Baths
2.0
sq ft
863

501 West Hononegh Drive Unit 2, Phoenix, AZ 85027

501 West Hononegh Drive Unit 2

Phoenix, AZ 85027

  • 12 days on market
This 2-bed, 2-bath condo blends modern comfort with timeless charm. The open floor plan seamlessly connects the living, dining, and kitchen areas, filled with natural light. The primary suite offers a peaceful retreat with an en-suite bath, while the second bedroom also features a full en-suite bath, providing flexibility for guests or a home office. Enjoy a private gated patio and easy access to the community pool. A true gem!

Details

Property type

Condominium

Est. home value

$254,322

Lot size

1,050 sq ft

Price per sq ft

$319

Year built

1984

Annual property taxes

$533

Monthly HOA fee

$165.28

Price History

02/28/2025
ArizonaRegional

ArizonaRegional #6818536

Listed
$275,000
-1.79%
10/22/2024
ArizonaRegional

ArizonaRegional #6708854

Removed
$280,000
05/31/2024
ArizonaRegional

ArizonaRegional #6708854

Listed
$280,000

Schools & Community

Neighborhood: 

Deer Valley

Elementary school: 

Esperanza Elementary School

Middle school: 

Deer Valley Middle School

High school: 

Deer Valley High School

Community features: 

Pool, Sidewalks

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

$100,032
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$152,968
Cash to seller
$100,032

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

June 2023

Original loan amount

$156,000

Est. remaining balance

$152,968

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Matthew Robert Hawk

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: 03/08/2025 at 7:10 PM

Listing updated: 03/04/2025 at 8:08 PM

Listed by: Kimberly Banks, Keller Williams Realty Sonoran Living Phone #: (480) 948-3338

MLS: ArizonaRegional #6818536

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