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$485,000

Beds
3
Baths
1.0
sq ft
1,551

719 East Moreland Street, Phoenix, AZ 85006

719 East Moreland Street

Phoenix, AZ 85006

  • 204 days on market
    • Price drop $14,999↓
This beautiful 1915 historic home with its oversized Downtown adjacent lot has multifamily zoning, refreshing 8' deep swimming pool and is located in Downtown's North Garfield Historic District! This huge backyard is just waiting for an additional unit/ADU or the house is begging for an attic conversion to be a primary suite or an apartment.....or just move in and know you have options for the future. The possibilities are too numerous to list! Either way, you will enjoy the best of all the worlds... Location, open floor concept, historic home with state property tax break, large swimming pool and surprisingly quiet neighborhood.

Details

Property type

Single Family Residence

Est. home value

$526,033

Property condition

Fixer

Lot size

0.23 acres

Price per sq ft

$313

Year built

1932

Annual property taxes

$557

Price History

11/11/2024
ArizonaRegional

ArizonaRegional #6694451

Listed
$485,000
10/27/2024
ArizonaRegional

ArizonaRegional #6694451

Pending
$485,000
10/18/2024
ArizonaRegional

ArizonaRegional #6694451

Listed
$485,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Garfield School

Middle school: 

Garfield 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

$243,043
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$203,157
Cash to seller
$243,043

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

March 2021

Original loan amount

$227,000

Est. remaining balance

$203,157

Interest rate

2.73%

Loan type

New Conventional, 25 year

Seller

Corinne Sowar

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: 11/22/2024 at 3:00 AM

Listing updated: 11/18/2024 at 12:41 AM

Listed by: Raleigh Dombek, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6694451

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