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$525,000

Beds
3
Baths
2.0
sq ft
1,637

506 West Muriel Drive, Phoenix, AZ 85023

506 West Muriel Drive

Phoenix, AZ 85023

  • 17 days on market
    • Price drop $1,000↓
Seller may consider buyer concessions if made in an offer. Welcome to a beautifully updated property that exudes modern elegance. The interior boasts a fresh coat of neutral color paint, complemented by an accent backsplash in the kitchen. The kitchen is a chef's dream, equipped with all stainless steel appliances and a center island for additional workspace. The primary bathroom is a sanctuary with its separate tub and shower, as well as double sinks for added convenience. Outside, enjoy a covered patio overlooking a private in-ground pool, nestled within a fenced-in backyard. Experience the perfect blend of style and comfort in this stunning property.

Details

Property type

Single Family Residence

Est. home value

$530,016

Lot size

7,300 sq ft

Price per sq ft

$321

Year built

1997

Annual property taxes

$1,916

Monthly HOA fee

$30

Price History

01/16/2025
ArizonaRegional

ArizonaRegional #6802226

Price change
$525,000
-0.19%
01/09/2025
ArizonaRegional

ArizonaRegional #6802226

Listed
$526,000
+44.11%
03/23/2020
ArizonaRegional

ArizonaRegional #6038053

Sold
$365,000
+16.65%

Schools & Community

Neighborhood: 

Deer Valley

Elementary school: 

Cactus View Elementary School

Middle school: 

Vista Verde Middle School

High school: 

North Canyon High School

High school district: 

Paradise 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

$169,961
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$313,039
Cash to seller
$169,961

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

February 2020

Original loan amount

$346,750

Est. remaining balance

$313,039

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Anthony May

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: 01/26/2025 at 10:10 PM

Listing updated: 01/15/2025 at 8:10 PM

Listed by: Tara Jones, Opendoor Brokerage, LLC Phone #: (480) 462-5392

MLS: ArizonaRegional #6802226

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