tomo logo

$675,000

Beds
6
Baths
2.5
sq ft
2,422

823 West Clay Avenue, Flagstaff, AZ 86001

823 West Clay Avenue

Flagstaff, AZ 86001

  • 105 days on market
ATTENTION ARTISTS, INVESTORS, & SMALL BUSINESS OWNERS! Looking for the perfect work life balance? This super cool 6 BD 2.5 BR home in Old Town Flagstaff checks all the boxes! Zoned Highway Commercial, this mixed-use property provides a perfect place to call home while doubling as a workspace in the center of the busiest traffic corridor in Flagstaff. The nearby university and high-density residential areas pack in foot traffic to and from NAU. Clay Ave is a well known ''back street'' for motorists looking for a quick route from Butler or Milton to Route 66 and back. Tucked away from the hustle, but still in the heart of it all! The main level opens into a sizeable mud room that gives way to the main living room and guest bathroom. Through the kitchen, you'll find a second living space, flanked with a ¾ bathroom, laundry room and back bedroom with exterior access to what could be a parking lot area. At the center of the building, stairs lead you up to 4 unique bedrooms featuring built ins, a dormer window, and a full, separate bathroom. At the base of the stairs, the final 6th bedroom awaits, each with authentic wood floors serving the historic value of this home. Pine bead board, craftsman style windows, cottage glass doors, shiplap walls, nooks and crannies...this old soul house is as far away from millennial gray as you can get! Don't miss this one of a kind opportunity to own a true piece of art. Research the "Downtown Mile Project" for more area developments!

Details

Property type

Single Family Residence

Est. home value

$688,618

Property condition

Fixer

Lot size

0.31 acres

Price per sq ft

$279

Year built

1935

Annual property taxes

$2,638.3

Price History

08/01/2024
ArizonaRegional

ArizonaRegional #6738092

Listed
$675,000

Schools & Community

Neighborhood: 

La Plaza Veja

Elementary school: 

Out of Maricopa Cnty

Middle school: 

Out of Maricopa Cnty

High school: 

Out of Maricopa Cnty

High school district: 

Out of Area

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

$613,169
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$7,831
Cash to seller
$613,169

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

Seller’s Loan History

Lender

Country Mtg Corp

Loan start date

October 1996

Original loan amount

$47,900

Est. remaining balance

$7,831

Interest rate

8.09%

Loan type

New Conventional, 30 year

Seller

Jerold A Bonner and Susan L Bonner

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: 11/14/2024 at 9:25 AM

Listing updated: 09/10/2024 at 7:51 AM

Listed by: Valerie Caro, Flagstaff Top Producers Real Estate Phone #: (928) 214-7100

MLS: ArizonaRegional #6738092

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