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$1,425,000

Beds
6
Baths
4.5
sq ft
3,641

54 West Lynwood Street, Phoenix, AZ 85003

54 West Lynwood Street

Phoenix, AZ 85003

  • 4 days on market
Seller financing available at 5% or help with rate buy down! Gorgeous restored Craftsman bungalow on beautiful tree-lined street in the coveted Roosevelt Historic District. This showstopper has it all: Historic charm with modern upgrades, original hardwood floors, incredible gourmet kitchen with Viking appliances, great natural light throughout, charming patios and Trex balconies, tons of storage, 6 bedrooms (4 are en suite!), 5 bathrooms, and a finished basement. Outside you'll find a large yard, detached garage plus additional gated covered parking with Tesla/EV charging available. All systems (plumbing, electric, AC and more) have been upgraded with permits. Historic Tax Rate of 50% off for owner occupants, too, this is a GREAT home ready for new owners! bedrooms and a powder room for guests; while the upstairs features the remaining bedrooms, a media/teen room, and ample storage. Outside you'll find a large yard, detached garage, plus additional gated covered parking, with Tesla/EV charging available, too. All systems and 'guts' (plumbing, electric, AC and more) have been upgraded with permits, home across the street was smaller without parking and sold for $1.3, so this? Is an incredible value!

Details

Property type

Single Family Residence

Est. home value

$1,364,369

Lot size

0.23 acres

Price per sq ft

$392

Year built

1920

Annual property taxes

$3,281

Price History

06/28/2024
ArizonaRegional

ArizonaRegional #6723757

Listed
$1,425,000
-3.39%
06/25/2024
ArizonaRegional

ArizonaRegional #6675386

Removed
$1,475,000
05/06/2024
ArizonaRegional

ArizonaRegional #6675386

Price change
$1,475,000
-1.67%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Kenilworth Elementary School

Middle school: 

Madison Park School

High school: 

Central 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

$948,284
Asking price
$1,425,000
Closing costs (~8% of asking)
-$114,000
Est. remaining loan balance
-$362,716
Cash to seller
$948,284

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

Seller’s Loan History

Lender

Citywide Home Loans

Loan start date

October 2020

Original loan amount

$394,500

Est. remaining balance

$362,716

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Henry Lam and Christa Lawcock

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: 07/02/2024 at 8:30 AM

Listing updated: 06/28/2024 at 4:35 PM

Listed by: Christa Lawcock, Realty Executives Phone #: (602) 861-3300

MLS: ArizonaRegional #6723757

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