5 months on rocket

740 W Elm St Unit 257, Phoenix, AZ, 85013

$254,900

Home List Price

$3,027*

Closing Credit

2 Bedrooms
2 Baths
929 SqFt
$274/SqFt
Multi

Location

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740 W Elm St Unit 257, Phoenix$254,900

Buyer Closing Credits

$3,027*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned
Year Built1984
HeatingOther
CoolingCeiling Fan(s)
FireplaceNone
MLS #6727911
Lot Size0.02 Acres
StatusActive

About 740 W Elm St Unit 257

A must check out UNIQUE complex for those seeking an urban oasis within a central city location. Stylish 2 bedroom/2 bath condo located in sought after Melrose/Uptown neighborhood. QUIET complex located at the end of of dead end street. Secure gated entryway, covered parking, community pool with stone waterfall feature, numerous hard piped gas grills for outdoor gatherings. Many upgrades to unit: new HVAC 2023, Hot Water Heater 2022, Dishwasher and disposal 2024. Open floor plan with new paint(2024) throughout, new contemporary laminate flooring (2024) (no carpet) throughout, upgraded lighting fixtures, stainless steel appliances, granite countertops, new cabinet hardware. Second floor balcony large enough for relaxing and/or dining. Two large bedrooms, one with walk-in closet the other with separate vanity area. Condo complex approved for FHA financing.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 2
  • Living Area: 929 SqFt

Listing Office:

  • Office Name: LISTED SIMPLY
  • Office Phone: (800) 995-5879
  • Listing Agent: Sinan Zakaria

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Interior: Full Bth Master Bdrm
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Covered Patio(s)

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Elm street (dead ends) off 7th Avenue 2 blocks south of Camelback. enter gate code-gate on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $254,900
  • Price Per SqFt: $274/SqFt

HOA Fees:

  • Amount: $330
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $692
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$452.3K

Med. Price/SqFt

$285

Avg. Days On Market

63

# of Sold Homes

1138

740 W Elm St Unit 257 vs Phoenix

169 DAYS ON ROCKET

+106 Days

$254,900

-$197.4K Less

$274/SqFt

-$11 Less

KEY TAKEAWAY

This property is $197.4K less than the Median Sold Price and $11/SqFt less than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6727911

Listing Office:

  • Office Name: LISTED SIMPLY
  • Office Phone: (800) 995-5879
  • Listing Agent: Sinan Zakaria

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:56:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 08, 2010Home Sold
$35,500
May 26, 2010Home Sold
$50,000
May 15, 2007Home Sold
$167,400

Tax History

YEARPROP. TAXASSESSMENT
2021$692$11,670
2020$674$11,070
2019$623$9,630
2017$573$7,060

History based on county public records data.

Payment Calculator

$1,670

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$831

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-888516
6
/10

  • Midtown Primary School

  • 4735 N 19th Ave

  • 0.84 miles

  • Public Charter Grades KG-5

school-card-donut-888517
2
/10

  • Solano Elementary School

  • 1526 W Missouri Ave

  • 0.94 miles

  • Public District Grades KG-6

school-card-donut-888518
2
/10

  • Imagine Camelback Elementary School

  • 5050 N 19th Ave

  • 0.95 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,723. The majority of Phoenix, AZ residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Arizona›Maricopa County›Phoenix›85013›740 W Elm St Unit 257

This home is located at 740 W Elm St Unit 257 in Phoenix, AZ and zip code 85013 in the Alhambra neighborhood. This 929 square foot home, which was built in 1984, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 06, 2024 and is currently priced at $254,900.

While more than 201 listings in Phoenix, AZ in November 2024 were sold above asking price, there were more than 301 listings sold at asking price, and more than 636 were sold below. The number of homes for sale in Phoenix, AZ decreased by 1.4% between October 2024 and November 2024. Listings spent 63 days on the market in November 2024, and had a median list price of $452,345 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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