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$386,398Estimated home value

Beds
2
Baths
2.0
sq ft
1,208

535 West Thomas Road Unit 513, Phoenix, AZ 85013

535 West Thomas Road Unit 513

Phoenix, AZ 85013

  • Sold On 5/11/2024
    • Price drop $11,000↓
Welcome to the Lofts on Thomas, Midtown's premier urban loft community. Bright open floorplan with modern finishes. Spacious 2 Bedroom, 2 bath, with plenty of storage. Quartz counter tops, stainless appliances, architectural ducting, in suite laundry, and the list goes on! Amenities include: pool, fitness center, yoga studio, studio & lounge area, gated covered parking, dog park, indoor bike storage and near light rail. You will feel at home the moment you walk in. All furnishings can be included.

Details

Property type

Condominium

Est. home value

$386,398

Lot size

1,132 sq ft

Price per sq ft

$330

Year built

2008

Annual property taxes

$2,820

Monthly HOA fee

$479.14

Price History

11/08/2024
ArizonaRegional

ArizonaRegional #6767424

Removed
$399,000
10/06/2024
ArizonaRegional

ArizonaRegional #6767424

Listed
$399,000
+5.56%
05/07/2024
ArizonaRegional

ArizonaRegional #6643388

Sold
$378,000
-5.03%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Osborn Middle School

High school: 

Central High School

Community features: 

Gated, 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

$137,835
Asking price
$398,000
Closing costs (~8% of asking)
-$31,840
Est. remaining loan balance
-$228,325
Cash to seller
$137,835

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

July 2020

Original loan amount

$251,750

Est. remaining balance

$228,325

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Kaycee Lyn Parrillo

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: Off Market

Tomo last checked: 11/14/2024 at 3:20 PM

Listing updated: 05/11/2024 at 7:20 AM

Listed by: Deborah Weinrich, RE/MAX Sun Properties Phone #: (480) 837-9801

MLS: ArizonaRegional #6643388

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