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$320,000

Beds
2
Baths
1.5
sq ft
1,212

5315 North 18th Street Unit 2, Phoenix, AZ 85016

5315 North 18th Street Unit 2

Phoenix, AZ 85016

  • 240 days on market
    • Price drop $20,000↓
MAJOR PRICE REDUCTION!!! Amazing opportunity to own a Biltmore area townhouse. Quiet and friendly 14 unit complex. Open living space invites you to a private patio. Kitchen is bright with granite countertops and white cabinets. Upstairs, there are two large bedrooms with a full bathroom including soaking tub. Laundry is upstairs between the bedrooms. Water is included in the HOA. This hidden gem of a complex is right in the heart of it all with access to nearby Biltmore Fashion Park, tons of restaurants, hiking and easy freeway access with the 51 being nearby.

Details

Property type

Condominium

Est. home value

$334,726

Lot size

617 sq ft

Price per sq ft

$265

Year built

1979

Annual property taxes

$1,217

Monthly HOA fee

$350

Price History

08/06/2024
ArizonaRegional

ArizonaRegional #6682689

Price change
$320,000
-5.88%
07/25/2024
ArizonaRegional

ArizonaRegional #6682689

Price change
$340,000
-2.86%
03/27/2024
ArizonaRegional

ArizonaRegional #6682689

Listed
$350,000
+159.26%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Rose Lane 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

$189,459
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$104,941
Cash to seller
$189,459

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 Bank Na

Loan start date

February 2016

Original loan amount

$128,250

Est. remaining balance

$104,941

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Kirsten M Cady

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 6:20 AM

Listing updated: 09/26/2024 at 6:59 PM

Listed by: Christopher Grabe, The Brokery Phone #: (602) 892-4444

MLS: ArizonaRegional #6682689

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