tomo logo

$475,000

Beds
3
Baths
2.0
sq ft
1,486

5326 North 3rd Avenue, Phoenix, AZ 85013

5326 North 3rd Avenue

Phoenix, AZ 85013

  • 43 days on market
    • Price drop $15,000↓
Step through the gate of this townhome into your own private oasis between the 7's! One of only two 3-bedroom floorplans in a small 20-unit community, this home is located in the heart of the Medlock historic district and adjacent to Melrose. With incredible walkability and premium access to Uptown eateries such as Federal Pizza, Postinos, Joyride and Churn, no need to worry about parking when you grab a latte at Lux, a pastry from Paris Baguette, join friends at Jinya or have happy hour at the Henry; you have a foodies delight at your doorstep. Walk, ride and hike locally with the Grand Canal to the south and Arizona Canal to the north, or Piestewa Peak and the Phoenix Mountain Preserve minutes away. The Murphy Bridal Trail provides shaded outdoor space to walk, run or ride during warmer seasons, and you'll find indoor options with LA Fitness and the FLC both less than a mile away. Gorgeous living space with vaulted ceilings opens to a private patio. The kitchen offers wonderful space to prep + enjoy meals and is equipped with classic white cabinetry, stainless steel backsplash, display shelving, laminate counters and a stainless steel appliance package. Downstairs you'll find a bedroom with a murphy bed + hardwood parquet flooring and a full bathroom (with tub/shower) directly across from it. The blend of earthy tones and organic textures soothe while an open floor plan, abundant windows and vaulted ceilings provide natural light. The corner beehive fireplace is a Quintessential southwestern staple retrofitted to be environmentally friendly. Etched-acid accents add to the aesthetic with brushed concrete providing easy care floors. Stairwell windows perfectly frame views of nearby mountains while reflective light from the community pool enhances upstairs space. Mature landscaping and lush lawns blend with native landscapes in common areas. The community pool with gas BBQ and large, furnished covered patio provide opportunities to enjoy the outdoors and entertain. A fully-fenced, private patio opens to the 2 car carport and offers red brick pavers underfoot, lush landscaping and new synthetic lawn ( '25). The classic Spanish architecture brings character and timeless appeal with terracotta tiled roofs and soft white stucco walls. Additional features: New HVAC '20, new roof '20, fresh exterior paint '24, inside laundry, ceiling fans and spacious exterior storage closet. Located in the Madison school district. Consistently ranked as one of Phoenix's most desirable neighborhoods, you're close to light rail, downtown, and the 51. Don't miss this rare opportunity to make quality life in the heart of the city your own!

Details

Property type

Townhouse

Est. home value

$441,237

Lot size

2,165 sq ft

Price per sq ft

$320

Year built

1972

Annual property taxes

$1,572

Monthly HOA fee

$301

Price History

03/21/2025
ArizonaRegional

ArizonaRegional #6821438

Price change
$475,000
-3.06%
03/14/2025
ArizonaRegional

ArizonaRegional #6821438

Price change
$490,000
-1.01%
03/07/2025
ArizonaRegional

ArizonaRegional #6821438

Price change
$495,000
-3.88%

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Madison Richard Simis School

Middle school: 

Madison Meadows School

High school: 

Central High School

Community features: 

Pool

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

$312,742
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$124,258
Cash to seller
$312,742

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

December 2021

Original loan amount

$133,500

Est. remaining balance

$124,258

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Anne Therese Carpenter

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
$525,000
3 bd
|
2 ba
|
1,524 sq ft
|
Townhouse

1221 East Palacio Drive, Phoenix, AZ 85014

Price drop
ArizonaRegional
$520,000
3 bd
|
2 ba
|
1,152 sq ft
|
House

1312 East Colter Street, Phoenix, AZ 85014

Status: Active

Tomo last checked: 03/31/2025 at 2:10 AM

Listing updated: 03/25/2025 at 4:26 PM

Listed by: Christine L Kinchen, Twins & Co. Realty, LLC Phone #: (602) 908-8946

MLS: ArizonaRegional #6821438

ArizonaRegional logo