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$1,200,000

Beds
7
Baths
2.0
sq ft
3,267

819 South 3rd Avenue, Phoenix, AZ 85003

819 South 3rd Avenue

Phoenix, AZ 85003

  • 80 days on market
    • Open house Oct 06
Attention Investors and Visionary Buyers! Discover a rare and valuable opportunity. Where a distinctive residence meets a prime investment prospect. This unique property includes not only a beautifully maintained home but also an adjacent vacant lot, offering limitless possibilities for future development. Situated in a rapidly expanding area near downtown Phoenix, this property benefits from the neighborhood's impressive growth trajectory. The Roosevelt area is quickly becoming one of the most sought-after locations, making this a strategic investment opportunity. Charming Home: Step into a residence with a unique design and historical charm. The inviting atmosphere is highlighted by an elegant hardwood floors, and large windows that fill the space with natural light. Come take a look

Details

Property type

Single Family Residence

Est. home value

$828,117

Lot size

6,500 sq ft

Price per sq ft

$368

Year built

1900

Annual property taxes

$1,633

Price History

07/17/2024
ArizonaRegional

ArizonaRegional #6732426

Listed
$1,200,000
+185.71%
08/21/2020
ArizonaRegional

ArizonaRegional #5972928

Sold
$420,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Lowell Elementary School - Phoenix

Middle school: 

Lowell Elementary School - Phoenix

High school: 

Central High School

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

$816,844
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$287,156
Cash to seller
$816,844

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

August 2020

Original loan amount

$315,000

Est. remaining balance

$287,156

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Ray A Ybarra Maldonado

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: 10/05/2024 at 9:20 PM

Listing updated: 09/23/2024 at 5:49 PM

Listed by: Claudia Lopez, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6732426

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