tomo logo

$289,999

Beds
2
Baths
2.0
sq ft
982

5525 East Thomas Road Unit E12, Phoenix, AZ 85018

5525 East Thomas Road Unit E12

Phoenix, AZ 85018

  • 73 days on market
    • Price drop $17,001↓
Updated condo located in the best location in the complex just steps from the pool/spa. Unit has been used as a short term rental and comes fully furnished. New flooring throughout, new quartz kitchen countertop , cabinets, stove and dishwasher. Owner took out wall between kitchen and living room creating an open space, all done with a permit. New paint and doors, recessed lighting in kitchen and living room. Master shower was remodeled in 2020 and new AC in 2020. Fantastic location surrounded by million dollar homes.

Details

Property type

Apartment

Est. home value

$296,362

Lot size

941 sq ft

Price per sq ft

$296

Year built

1974

Annual property taxes

$723

Monthly HOA fee

$337.36

Price History

03/13/2025
ArizonaRegional

ArizonaRegional #6807678

Removed
$289,999
03/11/2025
ArizonaRegional

ArizonaRegional #6807678

Listed
$289,999
02/27/2025
ArizonaRegional

ArizonaRegional #6807678

Price change
$289,999
-5.54%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Griffith Elementary School

Middle school: 

Pat Tillman Middle School

High school: 

Camelback High School

Community features: 

Clubhouse, Fitness Center, 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

$71,694
Asking price
$289,999
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$195,105
Cash to seller
$71,694

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

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

January 2022

Original loan amount

$209,151

Est. remaining balance

$195,105

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Jb Condo Property Holdings Llc

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: 04/03/2025 at 2:30 PM

Listing updated: 03/13/2025 at 3:30 PM

Listed by: Ian M Toner, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6807678

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