tomo logo

$250,000

Beds
3
Baths
2.0
sq ft
1,351

8111 South 5th Avenue, Phoenix, AZ 85041

8111 South 5th Avenue

Phoenix, AZ 85041

  • 10 days on market
***QUALIFIED BUYERS MAY RECEIVE UP TO AN ADDITIONAL $65,000 IN DOWN-PAYMENT ASSISTANCE*** incredible home and opportunity is only available to first-time home-buyers (have not owned a home in the last 3 years or ever) who meet income criteria based on household size (less than) 1- $57,600 2 -$65,800 3 - $74,050 4 -$82,250 5 - $88,850 6 - $94,450 7 - $102,000 8 - $108,600

Details

Property type

Single Family Residence

Est. home value

$391,688

Lot size

4,500 sq ft

Price per sq ft

$186

Year built

2016

Annual property taxes

$2,052

Monthly HOA fee

$100

Price History

06/20/2024
ArizonaRegional

ArizonaRegional #6715067

Listed
$250,000
-35.4%
04/26/2024
ArizonaRegional

ArizonaRegional #6678801

Sold
$387,000
03/30/2024
ArizonaRegional

ArizonaRegional #6678801

Pending
$387,000

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Valley View Elementary School

Middle school: 

Valley View Elementary School

High school: 

Cesar Chavez High School

Community features: 

Gated

High school district: 

Phoenix Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Desert Financial Cu

Loan start date

September 2022

Original loan amount

$65,378

Est. remaining balance

Not provided

Interest rate

4.31%

Loan type

Credit Line (Revolving), 30 year

Seller

Juan Manuel Cortes Jr and Lena Cortes

Lender

Homebridge Financial Services Inc

Loan start date

August 2020

Original loan amount

$250,800

Est. remaining balance

$230,259

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Juan Manuel Cortes Jr and Lena Cortes

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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House

4411 South 3rd Street, Phoenix, AZ 85040

Status: Active

Tomo last checked: 06/30/2024 at 12:30 PM

Listing updated: 06/24/2024 at 7:29 PM

Listed by: Jonathan Miller, Realty Executives Phone #: (480) 585-0101

MLS: ArizonaRegional #6715067

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