tomo logo

$320,000

Beds
2
Baths
2.0
sq ft
944

5906 South 22nd Terrace, Phoenix, AZ 85040

5906 South 22nd Terrace

Phoenix, AZ 85040

  • 27 days on market
Centrally located newly remodeled townhome. Your new townhome comes with stainless steel appliances, washer/dryer, granite countertops with gorgeous backsplash. New floors throughout. Less than 5 miles to the airport, I-10 freeway, and downtown, conveniently located near South Mountain Community College, Target, Grocery stores, and popular restaurants.

Details

Property type

Condominium

Est. home value

$302,918

Lot size

673 sq ft

Price per sq ft

$339

Year built

2008

Annual property taxes

$973

Monthly HOA fee

$133

Price History

10/17/2024
ArizonaRegional

ArizonaRegional #6772522

Listed
$320,000
+26.48%
05/25/2021
ArizonaRegional

ArizonaRegional #6219539

Sold
$253,000
+31.77%
02/27/2020
ArizonaRegional

ArizonaRegional #6026140

Sold
$192,000
+28%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

T G Barr School

Middle school: 

T G Barr School

High school: 

South Mountain 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

$80,616
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$213,784
Cash to seller
$80,616

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

May 2021

Original loan amount

$230,850

Est. remaining balance

$213,784

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Cesar Ramirez Palacios

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?

Similar Homes Nearby

ArizonaRegional
$339,000
2 bd
|
2 ba
|
1,205 sq ft
|
Condo

7519 South 29th Way, Phoenix, AZ 85042

Price drop
ArizonaRegional
$277,000
2 bd
|
2 ba
|
944 sq ft
|
Condo

3434 East Baseline Road Unit 259, Phoenix, AZ 85042

ArizonaRegional
$315,000
2 bd
|
2 ba
|
1,205 sq ft
|
Townhouse

7503 S 28th Ter, Phoenix, AZ 85042

Status: Active

Tomo last checked: 11/14/2024 at 3:15 PM

Listing updated: 10/20/2024 at 10:00 PM

Listed by: Ana C Jimenez, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6772522

ArizonaRegional logo