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$450,000

Beds
3
Baths
3.0
sq ft
2,544

5222 South 5th Street, Phoenix, AZ 85040

5222 South 5th Street

Phoenix, AZ 85040

  • <1 day on market
Step into their unique home built in 1926. 3 bedrooms and 3 baths and endless potential for you personal touches. Located on a huge 12000 square foot lot with NO HOA. The storage container stays with the home for additional storage or work space. Backyard is large enough for a garden, chicken coup and play yard. Roof was redone in 2021, Water Heater replaced 2024,, Gas /Pac for heating and cooling as well as Mini splits in home. Lift in side yard does not convey with property.

Details

Property type

Single Family Residence

Est. home value

$420,288

Property condition

Fixer

Lot size

0.28 acres

Price per sq ft

$177

Year built

1926

Annual property taxes

$1,858

HOA

No

Price History

02/23/2025
ArizonaRegional

ArizonaRegional #6825284

Listed
$450,000
+85.19%
03/28/2019
ArizonaRegional

ArizonaRegional #5819936

Sold
$243,000

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Irene Lopez School

Middle school: 

Irene Lopez School

High school: 

South Mountain 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

$226,613
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$187,387
Cash to seller
$226,613

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

Seller’s Loan History

Lender

Az Lending Llc

Loan start date

March 2021

Original loan amount

$205,250

Est. remaining balance

$187,387

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Kara Jean Brei and Phillip John Brei

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?

Status: Active

Tomo last checked: 02/23/2025 at 5:55 PM

Listing updated: 02/23/2025 at 4:00 PM

Listed by: Marion McGuire, RE/MAX Professionals Phone #: (623) 643-1000

MLS: ArizonaRegional #6825284

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