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$1,875,000

Beds
3
Baths
3.5
sq ft
3,282

10687 East Fernwood Lane, Scottsdale, AZ 85262

10687 East Fernwood Lane

Scottsdale, AZ 85262

  • 4 days on market
    • Open house Feb 22
Welcome to Desert Mountain. This is a Desert contemporary home designed by the infamous Bing Hu, architect. Open style floor plan with zero interior steps.A great entry level home featuring 3 bedroom ensuites, Kitchen, family room, separate dining room and living room. The exterior outdoor patio has been updated with Travertine pavers and a large outdoor built in Spa. This location within the Desert Mountain Club is ideal for easy access to so many of the amenities such as the Sonoran Fitness club facility which has a state of the art fitness facility, multiple pools, 9 tennis courts, 8 pickleball courts, bocce, croquet, restaurant, and your very own SPA services. Desert Mountain is known for GOLF with 7 private courses & private hiking trails. Golf Membership Not included There are also 7 golf course, 8 restaurna The golf membership is not included but one can make an application to the Desert Mountain Cl

Details

Property type

Single Family Residence

Est. home value

$1,596,042

Lot size

0.44 acres

Price per sq ft

$572

Year built

1996

Annual property taxes

$2,739

HOA fee

$1,799

Price History

02/17/2025
ArizonaRegional

ArizonaRegional #6822033

Listed
$1,875,000
+126.18%
10/30/2020
ArizonaRegional

ArizonaRegional #5991546

Sold
$829,000
+12.79%
04/10/2019
ArizonaRegional

ArizonaRegional #5887467

Sold
$735,000

Schools & Community

Neighborhood: 

Pinnacle Peak

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

Community features: 

Golf, Playground, Pool, Sidewalks

High school district: 

Cave Creek Unified 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

$930,292
Asking price
$1,875,000
Closing costs (~8% of asking)
-$150,000
Est. remaining loan balance
-$794,708
Cash to seller
$930,292

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

Seller’s Loan History

Lender

First Midwest Bank

Loan start date

June 2021

Original loan amount

$864,000

Est. remaining balance

$794,708

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Karen Tyler and Karen A Tyler

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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10758 East Tamarisk Way, Scottsdale, AZ 85262

Status: Active

Tomo last checked: 02/22/2025 at 11:15 AM

Listing updated: 02/21/2025 at 7:10 PM

Listed by: Linda R Salkow, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 473-4900

MLS: ArizonaRegional #6822033

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