tomo logo

$250,000

Beds
2
Baths
2.0
sq ft
1,116

724 East Devonshire Avenue Unit 302, Phoenix, AZ 85014

724 East Devonshire Avenue Unit 302

Phoenix, AZ 85014

  • 3 days on market
    • Price drop $25,000↓
2 Bedrooms, 2 bathrooms, huge covered front porch and a small cozy back balcony off of the owners bedroom. Very quite complex in midtown Phoenix with access to freeways, shopping, and leisure amenities in the vicinity. Washer and dryer is in the unit as well. Condo may not be eligible for FHA or VA financing. May qualify for the Chase Bank Urban Grant of $7,500 though? Please confirm with your lender. Listing agent is owner/seller. Property is also listed for lease

Details

Property type

Condominium

Est. home value

$265,108

Lot size

1,036 sq ft

Price per sq ft

$225

Year built

1983

Annual property taxes

$899

Monthly HOA fee

$321.53

Price History

04/01/2025
ArizonaRegional

ArizonaRegional #6844353

Price change
$250,000
-9.09%
04/01/2025
ArizonaRegional

ArizonaRegional #6844353

Listed
$275,000
+72.96%
10/19/2018
ArizonaRegional

ArizonaRegional #5792059

Sold
$159,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Longview Elementary School

Middle school: 

Longview Elementary School

High school: 

Central High School

Community features: 

Gated

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

$124,717
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$105,283
Cash to seller
$124,717

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

October 2018

Original loan amount

$119,250

Est. remaining balance

$105,283

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Claudia E Schulz and Joseph Schulz

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: 04/05/2025 at 12:20 PM

Listing updated: 04/01/2025 at 8:51 PM

Listed by: Joseph Schulz, West USA Realty Phone #: (480) 893-0600

MLS: ArizonaRegional #6844353

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