tomo logo

$275,000

Beds
2
Baths
2.0
sq ft
929

740 West Elm Street Unit 125, Phoenix, AZ 85013

740 West Elm Street Unit 125

Phoenix, AZ 85013

  • 41 days on market
    • Price drop $5,000↓
Step into one of the most stylish condos in the heart of Midtown Phoenix! This beautifully updated condo invites you in with a bright, open floor plan and warm, modern, one-of-a-kind finishes. The kitchen, complete with granite countertops and stainless steel appliances, flows seamlessly into the living area, perfect for entertaining or cozy nights in. Unwind on your private patio, or take advantage of the resort-style amenities, including a sparkling pool, fitness center, and serene, landscaped courtyards. With shops, dining, and the light rail just moments away, this home is your perfect retreat in the city!

Details

Property type

Condominium

Est. home value

$273,040

Lot size

878 sq ft

Price per sq ft

$297

Year built

1984

Annual property taxes

$600

Monthly HOA fee

$330

Price History

10/17/2024
ArizonaRegional

ArizonaRegional #6763373

Price change
$275,000
-1.79%
09/27/2024
ArizonaRegional

ArizonaRegional #6763373

Listed
$280,000
+1.82%
03/15/2023
ArizonaRegional

ArizonaRegional #6505084

Sold
$275,000

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Clarendon School

Middle school: 

Osborn Middle School

High school: 

Central High School

Community features: 

Fitness Center

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

$10,265
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$242,735
Cash to seller
$10,265

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

March 2023

Original loan amount

$247,500

Est. remaining balance

$242,735

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Casey Littrell

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: 11/08/2024 at 2:50 PM

Listing updated: 11/04/2024 at 10:15 AM

Listed by: Trevor Halpern, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6763373

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