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$510,000

Beds
3
Baths
2.0
sq ft
1,539

7887 North 16th Street Unit 224, Phoenix, AZ 85020

7887 North 16th Street Unit 224

Phoenix, AZ 85020

  • 3 days on market
Prime location with incredible privacy! This second-level home is nestled in the mountains, offering 3 bedrooms (2 with walk-in closets), 2 baths, and an open split-bedroom floor plan. Enjoy a cozy gas fireplace, two sets of sliding doors to the patio, and a kitchen with a breakfast bar, pantry, and inside laundry with a full-sized washer and dryer. This light-filled corner unit includes a 1-car garage and features fresh paint, new luxury vinyl plank flooring, baseboards, a dining room chandelier, dishwasher, water heater, and a recently replaced roof. The resort-style community offers a pool and spa. Conveniently located near the 51 Freeway, Dreamy Draw Park, the Biltmore area, shopping, dining, golf, Scottsdale, downtown Phoenix, and Sky Harbor Airport. A must-see!

Details

Property type

Condominium

Est. home value

$454,112

Lot size

1,775 sq ft

Price per sq ft

$332

Year built

1996

Annual property taxes

$2,458.22

Monthly HOA fee

$401.14

Price History

01/23/2025
ArizonaRegional

ArizonaRegional #6808613

Listed
$510,000
+13.23%
03/03/2022
ArizonaRegional

ArizonaRegional #6348080

Sold
$450,400

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison #1 Elementary School

Middle school: 

Madison Park School

High school: 

Camelback High School

Community features: 

Gated, Pool, Sidewalks

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

$222,378
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$246,822
Cash to seller
$222,378

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

February 2022

Original loan amount

$263,000

Est. remaining balance

$246,822

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Edward J Guza

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: 01/26/2025 at 11:00 PM

Listing updated: 01/23/2025 at 11:25 AM

Listed by: Olivia Guza, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6808613

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