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$274,000

Beds
2
Baths
2.0
sq ft
929

740 West Elm Street Unit 264, Phoenix, AZ 85013

740 West Elm Street Unit 264

Phoenix, AZ 85013

  • 114 days on market
    • Price drop $1,000↓
One of the nicest locations in the complex, near the pool and front entrance. Almost new, Top of the line, Stainless Steele Appliances in a beautiful kitchen with Granite Counters and spot lighting. Two nice size primary bedrooms with two full baths which could be used as double primary suites. Laminate wood floors in living room and kitchen with newer carpet in bedrooms. Exterior lanai has been resurfaced and has a beautiful view of the iconic Camelback Mountain. Laundry is conveniently located inside the unit. Gated community, Close to all of the fine dinning within the Melrose District.

Details

Property type

Condominium

Est. home value

$260,901

Lot size

900 sq ft

Price per sq ft

$295

Year built

1984

Annual property taxes

$600

Monthly HOA fee

$330

Price History

07/17/2024
ArizonaRegional

ArizonaRegional #6732386

Price change
$274,000
-0.36%
07/17/2024
ArizonaRegional

ArizonaRegional #6732386

Listed
$275,000
+10.89%
04/08/2022
ArizonaRegional

ArizonaRegional #6365481

Sold
$248,000

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Osborn Middle School

Middle school: 

Osborn Middle School

High school: 

Central High School

Community features: 

Gated, 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

$25,742
Asking price
$274,000
Closing costs (~8% of asking)
-$21,920
Est. remaining loan balance
-$226,338
Cash to seller
$25,742

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2022

Original loan amount

$237,650

Est. remaining balance

$226,338

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Matthew R Schneider

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 7:40 PM

Listing updated: 09/25/2024 at 4:36 PM

Listed by: Mike Kessler, TCT Real Estate Phone #: (602) 456-6039

MLS: ArizonaRegional #6732386

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