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$280,000

Beds
1
Baths
1.0
sq ft
847

535 West Thomas Road Unit 503, Phoenix, AZ 85013

535 West Thomas Road Unit 503

Phoenix, AZ 85013

  • 131 days on market
    • Price drop $5,000↓
If you're looking for a great location with a view in a beautifully maintained building with no one above you, you have found it! This condo on the top floor of the Lofts on Thomas building is the perfect home for the mid-town life. It's a great lock and leave building for those multi-city dwellers that don't want to worry when you are out of town. It is also conveniently located just down the block from St. Josephs Hospital. How does an 800ft commute sound door to door? This is the closest you could get for a home if you work the medical plaza. Come check it out! AC was replaced in 2022, so now just living here won't be the only reason you are cool :)

Details

Property type

Condominium

Est. home value

$297,934

Lot size

772 sq ft

Price per sq ft

$331

Year built

2008

Annual property taxes

$1,938

Monthly HOA fee

$358.69

Price History

11/14/2024
ArizonaRegional

ArizonaRegional #6727905

Price change
$280,000
-1.75%
10/05/2024
ArizonaRegional

ArizonaRegional #6727905

Price change
$285,000
-1.72%
08/26/2024
ArizonaRegional

ArizonaRegional #6727905

Price change
$290,000
-3.01%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Osborn Middle School

High school: 

Central High School

Community features: 

Clubhouse, Fitness Center

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

$31,799
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$225,801
Cash to seller
$31,799

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2021

Original loan amount

$242,250

Est. remaining balance

$225,801

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Andrew Thomas Phillips

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: 11/14/2024 at 6:50 PM

Listing updated: 11/14/2024 at 9:15 AM

Listed by: Beau MacDonnell, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6727905

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