tomo logo

$339,000

Beds
1
Baths
1.0
sq ft
1,073

5122 North 31st Way Unit 225, Phoenix, AZ 85016

5122 North 31st Way Unit 225

Phoenix, AZ 85016

  • 38 days on market
    • Price drop $30,000↓
Come and grab your own little slice of heaven! Did someone say LAKE and GOLF Community? Yes you've got BOTH right outside the door from your stunning, sexy & sleek remodeled condo at Guard-gated Biltmore Terrace. Live in the heart of the Iconic Biltmore and enjoy the city life. Walk to shopping, coffee, Grocery, Award winning restaurants all conveniently connected by a pedestrian gate! You don't even have to cross the street! This home has been tastefully Designer Decorated with a sleek and timeless decor. Elevator building with your assigned covered parking as close as you can get! Brand new AC unit 2023 and fully remodeled bathroom. Come Fall in LOVE and LOVE where you LIVE!

Details

Property type

Condominium

Est. home value

$368,857

Lot size

1,011 sq ft

Price per sq ft

$316

Year built

1981

Annual property taxes

$1,739

Monthly HOA fee

$578.55

Price History

06/13/2024
ArizonaRegional

ArizonaRegional #6710291

Price change
$339,000
-8.13%
05/24/2024
ArizonaRegional

ArizonaRegional #6710291

Listed
$369,000
02/06/2024
ArizonaRegional

ArizonaRegional #6616861

Removed
$369,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Elementary School

Middle school: 

Madison #1 Middle School

High school: 

Camelback 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

$233,584
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$78,296
Cash to seller
$233,584

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

Seller’s Loan History

Lender

Concord Mortgage Co

Loan start date

April 2005

Original loan amount

$140,000

Est. remaining balance

$78,296

Interest rate

5.62%

Loan type

Not Provided, 30 year

Seller

Cheryl Kypreos

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: 07/02/2024 at 9:30 AM

Listing updated: 06/13/2024 at 6:43 PM

Listed by: Sean Peterson, NORTH&CO. Phone #: (602) 714-7000

MLS: ArizonaRegional #6710291

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