tomo logo

$520,000

Beds
3
Baths
2.0
sq ft
1,604

6620 North 16th Drive, Phoenix, AZ 85015

6620 North 16th Drive

Phoenix, AZ 85015

  • <1 day on market
Over 1/4 acre Cul-De-Sac lot in a no HOA, well-maintained neighborhood! Cozy 3 bedroom, 2 bath home with A/C cooled 2 car garage (future man cave) and multiple RV gates. Backyard is large and ready for entertaining with enough space to add a pool in the future. Side yard also has a lot of storage with a medium size shed and a 10' x 20' Tough Shed with 1/2 loft. Property is near the Palo Verde Golf Course and a close drive to dining and entertainment in the Central Corridor and Downtown Phoenix. Easy access to Hwy 51, I-17, and the Metro Light Rail.

Details

Property type

Single Family Residence

Est. home value

$451,920

Lot size

0.26 acres

Price per sq ft

$325

Year built

1962

Annual property taxes

$2,446

Price History

10/23/2024
ArizonaRegional

ArizonaRegional #6774603

Listed
$520,000
+18.18%
06/15/2023
ArizonaRegional

ArizonaRegional #6555179

Sold
$440,000

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Washington Elementary School - Phoenix

Middle school: 

Maryland Elementary 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

$67,332
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$411,068
Cash to seller
$67,332

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

June 2023

Original loan amount

$418,000

Est. remaining balance

$411,068

Interest rate

6.39%

Loan type

New Conventional, 29 year

Seller

Jordan Alvord and Lina Alvord

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: 10/23/2024 at 12:15 AM

Listing updated: 10/22/2024 at 10:45 PM

Listed by: Robert Bermudez, Gentry Real Estate Phone #: (480) 750-9910

MLS: ArizonaRegional #6774603

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