tomo logo

$319,000

Beds
2
Baths
1.5
sq ft
1,212

5315 North 18th Street Unit 6, Phoenix, AZ 85016

5315 North 18th Street Unit 6

Phoenix, AZ 85016

  • 112 days on market
    • Price drop $6,000↓
Priced to Sell! Terrific uptown location with easy access to shopping, restaurants. Seconds drive from the middle school, Desert Storm Park and freeway. Small, quiet complex set back from 18th Street. Many upgrades completed in the last year including flooring, painting, new refrigerator/ freezer & full sized washer/ dryer. Easy to show 7:30 a.m. to 6:30 p.m. daily. Painting per HOA (entire property) paid by Seller to be completed October 2024.

Details

Property type

Condominium

Est. home value

$346,405

Lot size

600 sq ft

Price per sq ft

$264

Year built

1979

Annual property taxes

$1,217

Monthly HOA fee

$350

Price History

10/18/2024
ArizonaRegional

ArizonaRegional #6738495

Price change
$319,000
-1.85%
08/02/2024
ArizonaRegional

ArizonaRegional #6738495

Listed
$325,000
+9.5%
01/31/2023
ArizonaRegional

ArizonaRegional #6392765

Sold
$296,801

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

$17,376
Asking price
$319,000
Closing costs (~8% of asking)
-$25,520
Est. remaining loan balance
-$276,104
Cash to seller
$17,376

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

January 2023

Original loan amount

$281,960

Est. remaining balance

$276,104

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Cathleen Sue Gibson

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$320,000
2 bd
|
1.5 ba
|
1,212 sq ft
|
Condo

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

ArizonaRegional
$325,000
2 bd
|
2 ba
|
1,176 sq ft
|
Condo

5550 North 12th Street Unit 21, Phoenix, AZ 85014

ArizonaRegional
$299,000
2 bd
|
2 ba
|
1,176 sq ft
|
Condo

5550 North 12th Street Unit 19, Phoenix, AZ 85014

Status: Active

Tomo last checked: 11/22/2024 at 6:45 AM

Listing updated: 10/25/2024 at 4:05 PM

Listed by: Chris Levally, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6738495

ArizonaRegional logo