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$559,991Estimated home value

Beds
2
Baths
2.5
sq ft
1,038

711 East Mckinley Street, Phoenix, AZ 85006

711 East Mckinley Street

Phoenix, AZ 85006

  • Sold On 6/9/2021
    • Price drop $50,500↓
Beautifully well kept bungalow style brick historic home in the heart of the highly sought after GARFIELD HISTORIC DISTRICT. Excellent proximity to everything downtown Phoenix has to offer. *Talking Stick Arena, Chase Field, downtown ASU, Roosevelt Art District* ZONED R-5 (MULTIPLE FAMILY RESIDENCE) in addition to GARFIELD OVERLAY which designates a few homes on the street to allow small businesses to operate within the parcel. Investors! - Next parcel over is being developed into a small shopping center and restaurant. See private remarks. NEW HARDWOOD FLOORS, REMODELED KITCHEN, A/C, ROOF AND TANKLESS WATER HEATER IN 2017. Main house is a 2 bedroom 2 bathroom, and the guest cottage is a 1 bedroom 1 bathroom. Guest cottage could be utilized as a small AirBnB for students, home office, or storage. No HOA! RV Gate!

Details

Property type

Single Family Residence

Est. home value

$559,991

Lot size

4,000 sq ft

Price per sq ft

$482

Year built

1911

Annual property taxes

$696

HOA

No

Price History

03/30/2025
ArizonaRegional

ArizonaRegional #6685960

Removed
$529,000
03/09/2025
ArizonaRegional

ArizonaRegional #6685960

Price change
$529,000
-1.86%
02/14/2025
ArizonaRegional

ArizonaRegional #6685960

Price change
$539,000
-1.82%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Garfield School

Middle school: 

Phoenix Prep Academy

High school: 

North 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

$93,122
Asking price
$499,500
Closing costs (~8% of asking)
-$39,960
Est. remaining loan balance
-$366,418
Cash to seller
$93,122

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

June 2021

Original loan amount

$399,600

Est. remaining balance

$366,418

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Andrew Mirtich

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: Off Market

Tomo last checked: 04/04/2025 at 7:05 PM

Listing updated: 03/14/2025 at 7:10 PM

Listed by: Johnathan Tyler Sorenson, Venture REI, LLC Phone #: (480) 409-9000

MLS: ArizonaRegional #6210793

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