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$500,000

Beds
2
Baths
2.0
sq ft
1,224

5136 North 31st Place Unit 612, Phoenix, AZ 85016

5136 North 31st Place Unit 612

Phoenix, AZ 85016

  • 83 days on market
    • Price drop $15,000↓
Exceptionally & Beautifully Renovated +UPDATED - BILTMORE TERRACE at BILTMORE ESTATES Just Bring Your Toothbrush PEDESTRIAN FRIENDLY GATED & GUARDED GOLF COURSE Community w direct access to BILTMORE PLAZA SHOPPING CENTER for all your Starbucks, banking Safeway grocery +specialty Shops & Fine-Dining RESTAURANT needs! Conveniently located steps home! 1224'sf one-level w real PLANK WOOD flooring ... flows naturally w clean, contemporary & cohesive Great design throughout! Non-Smoking Original Owner - Breakfast Patio light & bright ultra-quiet LUXURY Community Solid-Built design. CLUBHOUSE +TWO Sun Drenched 2-POOLS +2- SPAS, FITNESS CENTER, quiet & beautiful grounds & community along the LINKS COURSE 3rd Green & Lakes! MUST SEE!

Details

Property type

Condominium

Est. home value

$318,403

Lot size

1,224 sq ft

Price per sq ft

$409

Year built

1981

Annual property taxes

$2,297

Monthly HOA fee

$735

Price History

10/26/2024
ArizonaRegional

ArizonaRegional #6751233

Price change
$500,000
-2.91%
08/31/2024
ArizonaRegional

ArizonaRegional #6751233

Listed
$515,000
07/12/2024
ArizonaRegional

ArizonaRegional #6697755

Removed
$515,000

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

$429,112
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$30,888
Cash to seller
$429,112

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

Seller’s Loan History

Lender

Wells Fargo Home Mtg Inc

Loan start date

March 2001

Original loan amount

$75,000

Est. remaining balance

$30,888

Interest rate

7.15%

Loan type

Not Provided, 30 year

Seller

James R Weir and Jane A Weir

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 6:00 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 #6751233

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