tomo logo

$325,000

Beds
2
Baths
1.5
sq ft
1,060

8611 South 48th Street Unit 3, Phoenix, AZ 85044

8611 South 48th Street Unit 3

Phoenix, AZ 85044

  • 44 days on market
Welcome to Pointe South Mountain Community! This lovely two-story townhouse is the perfect place to make home. The open floor plan features tall ceilings, tile flooring, recessed lighting, and French doors leading to the large patio. The immaculate kitchen is equipped with track lighting, white cabinetry, butcher block counters, and a stylish tile backsplash. Upstairs, the perfectly-sized bedrooms offer a comfortable and peaceful retreat. The sizeable courtyard features paver patios, green grass, and a mature shade tree, perfect for relaxation. Conveniently located near shopping, dining, schools, trails, and golf courses, with easy access to the I-10 Fwy. Don't let this one get away!

Details

Property type

Condominium

Est. home value

$318,776

Lot size

1,307 sq ft

Price per sq ft

$307

Year built

1983

Annual property taxes

$1,232

Monthly HOA fee

$360

Price History

11/07/2024
ArizonaRegional

ArizonaRegional #6781109

Listed
$325,000
+33.2%
12/11/2020
ArizonaRegional

ArizonaRegional #6156384

Sold
$244,000
+29.1%
05/24/2019
ArizonaRegional

ArizonaRegional #5885660

Sold
$189,000
+20.38%

Schools & Community

Neighborhood: 

South Mountain

Elementary school: 

Frank Elementary School

Middle school: 

Fees College Preparatory Middle School

High school: 

Mountain Pointe High School

Community features: 

Gated, Golf

High school district: 

Tempe 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

$73,733
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$225,267
Cash to seller
$73,733

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

December 2020

Original loan amount

$247,566

Est. remaining balance

$225,267

Interest rate

2.8%

Loan type

VA, 30 year

Seller

James Brandon Morrison

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$319,000
2 bd
|
2 ba
|
1,093 sq ft
|
Condo

1222 West Baseline Road Unit 116, Tempe, AZ 85283

Price drop
ArizonaRegional
$299,900
2 bd
|
2 ba
|
980 sq ft
|
Condo

1222 West Baseline Road Unit 208, Tempe, AZ 85283

Price drop
ArizonaRegional
$355,900
2 bd
|
1.5 ba
|
1,015 sq ft
|
Townhouse

8661 South 51st Street Unit 2, Phoenix, AZ 85044

Status: Active

Tomo last checked: 12/22/2024 at 2:50 PM

Listing updated: 11/07/2024 at 3:10 PM

Listed by: Rachel Krill, Real Broker Phone #: (602) 755-3415

MLS: ArizonaRegional #6781109

ArizonaRegional logo

Recently listed in Phoenix