tomo logo

$2,000,000

Beds
6
Baths
5.5
sq ft
5,421

823 West Palo Verde Drive, Phoenix, AZ 85013

823 West Palo Verde Drive

Phoenix, AZ 85013

  • <1 day on market
Amazing custom-built, 3-story home offers 6 beds, 4 full baths, & 3 half baths nestled in the heart of North Central Phoenix. Situated on 3/8 of an acre. Extensive upgrade list includes: 4 zone HVAC, owned solar, grey water recycling, tankless hot water, dual laundry chute, in-floor safe, auto controlled awning system, & EV charging. Open floorpan includes vaulted ceilings, oversized doors, turret staircase, & skylights. Primary suite boast spacious closet, jetted tub, & multi-headed shower. Gourmet kitchen has stainless appliances with 60'' french door refrigerator & granite counters. Home features separate office entry, service pantry, oversized laundry, finished full basement with a guest suite, playroom, pool table, & wet bar. The 3-car garage has epoxy floors & built-in cabinetry.

Details

Property type

Single Family Residence

Est. home value

$1,920,897

Lot size

0.41 acres

Price per sq ft

$369

Year built

2009

Annual property taxes

$14,539

HOA

No

Price History

04/02/2025
ArizonaRegional

ArizonaRegional #6844651

Listed
$2,000,000
+8.11%
09/15/2022
ArizonaRegional

ArizonaRegional #6438794

Sold
$1,850,000

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Solano School

Middle school: 

Osborn Middle School

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

$411,237
Asking price
$2,000,000
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$1,428,763
Cash to seller
$411,237

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

Seller’s Loan History

Lender

Academy Bank Na

Loan start date

August 2022

Original loan amount

$1,480,000

Est. remaining balance

$1,428,763

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Kelly Wu and Peter Wu

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?

Status: Active

Tomo last checked: 04/03/2025 at 9:05 AM

Listing updated: 04/02/2025 at 5:51 PM

Listed by: Seth Rich, E & G Real Estate Services Phone #: (480) 550-8500

MLS: ArizonaRegional #6844651

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