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$398,950

Beds
2
Baths
2.0
sq ft
1,189

5203 North 24th Street Unit 203, Phoenix, AZ 85016

5203 North 24th Street Unit 203

Phoenix, AZ 85016

  • 73 days on market
    • Price drop $1,000↓
Nestled in the highly sought-after Biltmore area, this top-floor unit at The Cloisters offers a blend of comfort and convenience. Steps from Biltmore Fashion Park and the Life Time health club, you'll enjoy everything this prime Phoenix location has to offer. From world-class golf and hiking trails to upscale shopping and fine dining, it's all just outside your door! Inside, the spacious floor plan includes a primary bedroom with an ensuite bath and a generous walk-in closet. The second bedroom boasts its own bathroom access, ample closet space, and a private patio with an additional storage closet. With fresh paint, new carpet, updated fixtures, and in-unit laundry, this condo is move-in ready!

Details

Property type

Condominium

Est. home value

$428,544

Lot size

109 sq ft

Price per sq ft

$336

Year built

1979

Annual property taxes

$2,419

Monthly HOA fee

$494

Price History

11/26/2024
ArizonaRegional

ArizonaRegional #6763542

Sold
$400,000
-5.88%
10/18/2024
ArizonaRegional

ArizonaRegional #6763542

Pending
$425,000
10/10/2024
ArizonaRegional

ArizonaRegional #6763542

Listed
$425,000
+94.95%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Tennis Court(s), Clubhouse, Fitness Center, Pool, Sidewalks

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

$280,461
Asking price
$398,950
Closing costs (~8% of asking)
-$31,916
Est. remaining loan balance
-$86,573
Cash to seller
$280,461

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

Seller’s Loan History

Lender

Prospect Mortgage Llc

Loan start date

December 2015

Original loan amount

$174,400

Est. remaining balance

$86,573

Interest rate

2.98%

Loan type

New Conventional, 16 year

Seller

Jeffrey Clobes

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: 12/22/2024 at 5:40 AM

Listing updated: 12/20/2024 at 12:05 AM

Listed by: Nola-Marie Schoen, Brokers Hub Realty, LLC Phone #: (602) 291-3015

MLS: ArizonaRegional #6763542

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