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$307,000

Beds
2
Baths
2.0
sq ft
982

5525 East Thomas Road Unit K6, Phoenix, AZ 85018

5525 East Thomas Road Unit K6

Phoenix, AZ 85018

  • 31 days on market
    • Price drop $10,000↓
Highly sought first floor upgraded unit! Experience a harmonious blend of convenient and comfortable living in this 2-bedroom unit in Spengler Condos welcoming you with a serene living room showcasing a soothing palette and stylish wood-look flooring for a timeless appeal. The well-appointed kitchen comes with abundant white shaker cabinetry, granite counters, a mosaic tile backsplash, recessed lighting, SS appliances, and a peninsula with a breakfast bar. The main bedroom offers a private bathroom for added comfort. Spend quiet moments on the lovely patio with a good book or a warm beverage. Conveniently located close to bus stops, restaurants, and the prestigious Arizona Country Club. Don't miss this incredible opportunity!

Details

Property type

Apartment

Est. home value

$295,540

Lot size

953 sq ft

Price per sq ft

$313

Year built

1974

Annual property taxes

$723

Monthly HOA fee

$337.36

Price History

03/21/2025
ArizonaRegional

ArizonaRegional #6828576

Price change
$307,000
-3.15%
03/01/2025
ArizonaRegional

ArizonaRegional #6828576

Listed
$317,000
+9.31%
01/13/2023
ArizonaRegional

ArizonaRegional #6479634

Sold
$290,000

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, Sidewalks

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

$13,772
Asking price
$307,000
Closing costs (~8% of asking)
-$24,560
Est. remaining loan balance
-$268,668
Cash to seller
$13,772

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

January 2023

Original loan amount

$275,500

Est. remaining balance

$268,668

Interest rate

6.58%

Loan type

New Conventional, 30 year

Seller

Ruben Ruiz

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: 04/01/2025 at 3:50 PM

Listing updated: 03/31/2025 at 9:59 AM

Listed by: Tyler Hixson, AZ Dream Homes Phone #: (602) 549-6295

MLS: ArizonaRegional #6828576

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