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$320,000

Beds
3
Baths
1.0
sq ft
1,325

8531 North 37th Avenue, Phoenix, AZ 85051

8531 North 37th Avenue

Phoenix, AZ 85051

  • <1 day on market
Come Check out this one of a kind opportunity with an option to assume the loan with an interest rate of 2.5%. This beautiful property has 3 beds/1 bath and extra space with an Arizona Room and a spacious backyard, perfect for kids to run around. Easy and close access to Freeway, for a faster commute. View private remarks for more details.

Details

Property type

Single Family Residence

Est. home value

$301,799

Lot size

6,103 sq ft

Price per sq ft

$242

Year built

1959

Annual property taxes

$1,104

HOA

No

Price History

03/14/2025
ArizonaRegional

ArizonaRegional #6835305

Price change
$320,000
+45.45%
03/14/2025
ArizonaRegional

ArizonaRegional #6835305

Listed
$220,000
-22.81%
07/27/2021
ArizonaRegional

ArizonaRegional #6248734

Sold
$285,000
+78.13%

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Manzanita Elementary School

Middle school: 

Palo Verde Middle School

High school: 

Cortez High School

High school district: 

Glendale 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

$39,083
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$255,317
Cash to seller
$39,083

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2021

Original loan amount

$276,892

Est. remaining balance

$255,317

Interest rate

2.99%

Loan type

FHA, 30 year

Seller

Diana L Montes and Ana Moreno

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: 03/14/2025 at 11:35 AM

Listing updated: 03/14/2025 at 9:43 AM

Listed by: Yessica Jasmin Arellano Correa, REALTY ONE GROUP AZ Phone #: (602) 206-5976

MLS: ArizonaRegional #6835305

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