tomo logo

$465,000

Beds
2
Baths
2.0
sq ft
1,167

5550 North 16th Street Unit 139, Phoenix, AZ 85016

5550 North 16th Street Unit 139

Phoenix, AZ 85016

  • <1 day on market
Welcome to your dream home in Central Phoenix! This updated 2-bedroom, 2-bath condo in the highly desirable Madison Place community offers a split layout for enhanced privacy. Plus a rare two-car, direct-entry garage. Inside, enjoy upgraded interiors with beautiful engineered wood floors and tile throughout ~ no carpet! Community perks include BBQ areas and a heated pool/spa, great for year-round enjoyment. Perfectly located for quick access to downtown Phoenix, Sky Harbor Airport, and the upscale Biltmore district, known for its luxury dining and shopping. Don't miss this opportunity—come see it today!

Details

Property type

Condominium

Est. home value

$425,446

Lot size

1,072 sq ft

Price per sq ft

$399

Year built

2013

Annual property taxes

$2,261

Monthly HOA fee

$330

Price History

11/15/2024
ArizonaRegional

ArizonaRegional #6784511

Listed
$465,000
+10.66%
08/24/2022
ArizonaRegional

ArizonaRegional #6436742

Sold
$420,200
+54.2%
01/31/2019
ArizonaRegional

ArizonaRegional #5832323

Sold
$272,500

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Rose Lane School

Middle school: 

Madison #1 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

$40,224
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$387,576
Cash to seller
$40,224

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

Seller’s Loan History

Lender

Axia Financial Llc

Loan start date

August 2022

Original loan amount

$399,190

Est. remaining balance

$387,576

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Glenda Amog Jones

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: 11/15/2024 at 3:40 PM

Listing updated: 11/15/2024 at 1:40 PM

Listed by: Marie Rose M De Asis, Berkshire Hathaway HomeServices Arizona Properties Phone #: (602) 288-4400

MLS: ArizonaRegional #6784511

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