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$1,000,000

Beds
5
Baths
3.0
sq ft
2,226

7028 North 12th Way, Phoenix, AZ 85020

7028 North 12th Way

Phoenix, AZ 85020

  • 66 days on market
    • Price drop $40,000↓
Here's your chance to own a GORGEOUS home in the heart of Uptown Phoenix, loaded with stylish furnishings that can be yours in the sale! This stunning home boasts a rare split floor plan with two master bedrooms with ensuite bathrooms and private entrances. Entering the home, you'll notice new flooring throughout the open living space. The stunning kitchen features granite countertops, custom backsplash, smart fridge, and TWO washing machines, with views to backyard sunsets. The backyard itself is your personal oasis with an expansive covered patio, mature landscaping, and a sparkling pool. Utilized as an Airbnb that's been booked throughout 2024, this property is a savvy opportunity for investors as well. Ideal for both entertaining and multigenerational living, this home has it ALL!

Details

Property type

Single Family Residence

Est. home value

$859,180

Lot size

0.26 acres

Price per sq ft

$450

Year built

1968

Annual property taxes

$4,456

Price History

06/15/2024
ArizonaRegional

ArizonaRegional #6695691

Price change
$1,000,000
-3.85%
05/17/2024
ArizonaRegional

ArizonaRegional #6695691

Price change
$1,040,000
-0.95%
05/02/2024
ArizonaRegional

ArizonaRegional #6695691

Listed
$1,050,000
+23.53%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Richard Simis School

Middle school: 

Madison Meadows 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

$229,133
Asking price
$1,000,000
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$690,867
Cash to seller
$229,133

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

March 2022

Original loan amount

$722,500

Est. remaining balance

$690,867

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Gary Silva and Michele Silva

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: 07/07/2024 at 4:50 AM

Listing updated: 07/02/2024 at 9:13 PM

Listed by: Landon Corwick, W and Partners, LLC Phone #: (602) 828-5767

MLS: ArizonaRegional #6695691

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