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$455,000

Beds
2
Baths
2.0
sq ft
1,288

615 East Portland Street Unit 281, Phoenix, AZ 85004

615 East Portland Street Unit 281

Phoenix, AZ 85004

  • 150 days on market
    • Price drop $10,000↓
Discover urban luxury in this highly upgraded 2-bedroom, 2-bath condo with a 2-car garage, perfectly located in the heart of downtown Phoenix. Just steps from Roosevelt Row, Chase Field, and the Footprint Center, this upscale community offers an array of top-notch amenities. Enjoy unparalleled walkability to trendy restaurants, vibrant nightlife, museums, and the light rail. Embrace the downtown lifestyle in style and convenience—schedule your visit today and experience the best of city living!

Details

Property type

Condominium

Est. home value

$415,128

Lot size

790 sq ft

Price per sq ft

$354

Year built

2004

Annual property taxes

$1,778

Monthly HOA fee

$399.37

Price History

10/09/2024
ArizonaRegional

ArizonaRegional #6735448

Price change
$455,000
-2.15%
09/17/2024
ArizonaRegional

ArizonaRegional #6735448

Price change
$465,000
-2.11%
08/22/2024
ArizonaRegional

ArizonaRegional #6735448

Price change
$475,000
-3.06%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Ralph Waldo Emerson Elementary School

Middle school: 

Osborn Middle School

High school: 

Central 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

$215,612
Asking price
$455,000
Closing costs (~8% of asking)
-$36,400
Est. remaining loan balance
-$202,988
Cash to seller
$215,612

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2021

Original loan amount

$218,886

Est. remaining balance

$202,988

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Michael Kiefer

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?

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Status: Active

Tomo last checked: 12/22/2024 at 12:25 PM

Listing updated: 11/15/2024 at 5:20 PM

Listed by: Asher Cohen, Realty ONE Group Phone #: (480) 285-0000

MLS: ArizonaRegional #6735448

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