tomo logo

$300,000

Beds
2
Baths
1.5
sq ft
1,112

6540 North 7th Avenue Unit 48, Phoenix, AZ 85013

6540 North 7th Avenue Unit 48

Phoenix, AZ 85013

  • 24 days on market
    • Price drop $5,000↓
Welcome to your new home! This charming residence has modern updates and has also maintained its classic charm. It is a perfect blend of comfort and convenience. The property has two well-lit bedrooms, both with a walk-in closet. The main bedroom has great space, and it even has a private balcony. The easy to clean kitchen has great appliances-including a brand new fridge. The property has 1.5 bathrooms. The washer and dryer are new-including the water heater. The property recently got the roof redone with a few more years under warranty. The cozy living room has a wood-burning fireplace perfect for those cold nights in the winter. The dining area has ample space for all your needs. This area is opened up by great lighting from the french door-style windows.

Details

Property type

Condominium

Est. home value

$323,811

Lot size

503 sq ft

Price per sq ft

$270

Year built

1973

Annual property taxes

$987

Monthly HOA fee

$270

Price History

09/05/2024
ArizonaRegional

ArizonaRegional #6747314

Price change
$300,000
-1.64%
08/22/2024
ArizonaRegional

ArizonaRegional #6747314

Listed
$305,000
+7.02%
10/15/2021
ArizonaRegional

ArizonaRegional #6287154

Sold
$285,000
+26.67%

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Maryland Elementary School

Middle school: 

Royal Palm Middle School

High school: 

Washington High School

High school district: 

Glendale 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

$17,513
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$258,487
Cash to seller
$17,513

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

September 2021

Original loan amount

$276,450

Est. remaining balance

$258,487

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Frank Covarrubias and Analise Covarrubias

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: 09/16/2024 at 1:05 PM

Listing updated: 09/04/2024 at 9:47 PM

Listed by: Jonathan Minerick, HomeCoin.com Phone #: (888) 400-2513

MLS: ArizonaRegional #6747314

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