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$775,000

Beds
3
Baths
2.0
sq ft
1,698

5518 East Cambridge Avenue, Phoenix, AZ 85008

5518 East Cambridge Avenue

Phoenix, AZ 85008

  • <1 day on market
    • Open house Feb 22
Welcome to this beautifully updated 3-bedroom, 2-bathroom home, offering 1,698 sqft of modern living space. Located adjacent to the highly sought-after Arcadia neighborhood, this home boasts light and bright finishes throughout, providing a fresh, inviting atmosphere. The spacious interior features stylish upgrades, with an open floor plan that seamlessly blends functionality. The kitchen is a chef's dream, with sleek countertops, stainless steel appliances, and ample storage space. Both bathrooms have been tastefully remodeled with contemporary fixtures and finishes. Step outside to your private backyard oasis, complete with a sparkling pool—perfect for Arizona's warm weather and entertaining guests.

Details

Property type

Single Family Residence

Est. home value

$673,367

Lot size

6,717 sq ft

Price per sq ft

$457

Year built

1976

Annual property taxes

$2,484

HOA

No

Price History

02/21/2025
ArizonaRegional

ArizonaRegional #6824572

Listed
$775,000
+40.91%
05/24/2021
ArizonaRegional

ArizonaRegional #6211241

Sold
$550,000
+77.42%
04/04/2018
ArizonaRegional

ArizonaRegional #5728298

Sold
$310,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Brunson-Lee Elementary School

Middle school: 

Pat Tillman 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

$283,081
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$429,919
Cash to seller
$283,081

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

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

May 2021

Original loan amount

$467,000

Est. remaining balance

$429,919

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Zachery Steven Olson and Christine Stanwood

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: 02/22/2025 at 5:25 AM

Listing updated: 02/21/2025 at 4:25 PM

Listed by: Brooke Fair, RETSY Phone #: (602) 842-0000

MLS: ArizonaRegional #6824572

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