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$314,900

Beds
2
Baths
2.0
sq ft
1,170

5102 North 31st Place Unit 411, Phoenix, AZ 85016

5102 North 31st Place Unit 411

Phoenix, AZ 85016

  • 42 days on market
    • Price drop $35,000↓
Move in ready 2 bed / 2 bath first floor unit in the highly desirable, gated community of Biltmore Terrace Condominiums. Walking distance to Biltmore Fashion Park where you will find endless shopping & dining choices. Adjacent to 3rd & 4th holes of The Links Golf Course. Great floorplan w/ updates including travertine floors, plantation shutters & custom lighting. Kitchen offers plenty of cabinet storage, granite counters & open wall window perfect for serving. Open dining & living room with full wall of windows & sliders to private patio. Primary bedroom has huge walk-in closet & bathroom w/ beautiful tile shower. 2nd bedroom also with an impressive walk-in closet. Inside laundry room w/ shelving is a plus! And hallway has additional storage cabinets for the win. Delightful, covered patio provides lots of shade & is the perfect place to relax & unwind. This unit is just steps away from all the amenities Biltmore Terrace Condos has to offer including 2 pools, 2 hot tubs & a renovated clubhouse, conference room & exercise room. Within minutes you can hike the trails at Piestewa Peak & Camelback Mountain, or walk, run, or bike the Arizona Canal. Just through the back gate of the property is shopping, banking, dining and other convenient services. Easy to show, so come check it out today! Furniture available on separate bill of sale.

Details

Property type

Condominium

Est. home value

$356,118

Lot size

1,088 sq ft

Price per sq ft

$270

Year built

1981

Annual property taxes

$1,929

Monthly HOA fee

$680.25

Price History

06/25/2024
ArizonaRegional

ArizonaRegional #6709045

Price change
$314,900
-10%
05/30/2024
ArizonaRegional

ArizonaRegional #6709045

Price change
$349,900
-6.67%
05/22/2024
ArizonaRegional

ArizonaRegional #6709045

Listed
$374,900
-5.09%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Rose Lane School

Middle school: 

Madison #1 Middle School

High school: 

Camelback High School

Community features: 

Gated, Golf, Clubhouse, Fitness Center

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

$169,434
Asking price
$314,900
Closing costs (~8% of asking)
-$25,192
Est. remaining loan balance
-$120,274
Cash to seller
$169,434

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

Seller’s Loan History

Lender

Banc Home Loans

Loan start date

January 2016

Original loan amount

$145,500

Est. remaining balance

$120,274

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Karen Emerson

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: 07/04/2024 at 11:20 AM

Listing updated: 06/25/2024 at 11:03 AM

Listed by: Roxanne Miller, RHouse Realty Phone #: (480) 460-2300

MLS: ArizonaRegional #6709045

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