tomo logo

$425,000

Beds
2
Baths
2.0
sq ft
1,319

5122 North 31st Way Unit 227, Phoenix, AZ 85016

5122 North 31st Way Unit 227

Phoenix, AZ 85016

  • 83 days on market
    • Price drop $50,000↓
REDUCED ! Light & Bright Spacious Updated Turn-Key at BILTMORE TERRACE in BILTMORE ESTATES a controlled access Gated GOLF COURSE LAKE COMMUNITY - Security Patrolled -Enjoy Walking Paths TWO Pools+ 2 Spas, Clubhouse FITNESS CENTER & ELEVATOR and stairs -South Exposed Balcony for great natural light! CONVENIENCE: direct access to BILTMORE PLAZA Restaurants+Safeway Grocery! New Stone Counters kitchen w plenty of cabinet+counter space & breakfast area. New double-sinks vanities +LED Lighting for both baths !USB-charge plugs, new carpet huge primary suite w desk & dressing +seating area +desk! Inside full size Laundry! HOT water on demand /unlimited! This is a Light & Bright unit w East & Southern daylight exposures & ULTRA QUIET Low-Density Masonry+Steel Construction 1-Owner of 17-years.

Details

Property type

Condominium

Est. home value

$506,608

Lot size

1,321 sq ft

Price per sq ft

$323

Year built

1981

Annual property taxes

$2,347

Monthly HOA fee

$782

Price History

11/15/2024
ArizonaRegional

ArizonaRegional #6751225

Price change
$425,000
-10.53%
10/22/2024
ArizonaRegional

ArizonaRegional #6751225

Price change
$475,000
-5%
08/31/2024
ArizonaRegional

ArizonaRegional #6751225

Listed
$500,000
+5.29%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Elementary 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

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Resolution Trust Corp

Loan start date

April 1995

Original loan amount

$62,700

Est. remaining balance

Not provided

Interest rate

8.53%

Loan type

Seller take-back, 30 year

Seller

Dorothy Gail Ruecker

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: 11/22/2024 at 12:45 AM

Listing updated: 11/18/2024 at 12:42 AM

Listed by: Michael L Braden, Berkshire Hathaway HomeServices Arizona Properties Phone #: (602) 288-4400

MLS: ArizonaRegional #6751225

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