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$1,227,440Estimated home value

Beds
4
Baths
3.0
sq ft
2,613

12474 North 81st Street, Scottsdale, AZ 85260

12474 North 81st Street

Scottsdale, AZ 85260

  • Off market
    • Price drop $145,000↓
Seize this rare opportunity in Scottsdale's prestigious Cactus Corridor with this expansive .828-acre lot. Unbound by HOA restrictions, it represents an ideal canvas for your dream home or a lucrative investment, surrounded by multimillion-dollar estates. With a recent comparable listed at $5.995 million, the potential for profit and personalization is vast. Imagine the possibilities on this flat, rectangular plot, where luxury meets flexibility. Whether aiming to build a sprawling estate or an investment gem, this property offers the freedom to bring your vision to life. The location is unparalleled, providing privacy without sacrificing accessibility. Minutes from the 101 freeway, Kierland Commons, and Scottsdale Quarter, you're at the nexus of upscale shopping, dining, and entertainment. Additionally, the area is ripe with golfing, hiking, and outdoor activities, ensuring a lifestyle that blends tranquility with the vibrancy of Scottsdale living. This is more than land; it's a chance to create a legacy in a sought-after neighborhood, crafting a bespoke residence that aligns with your unique preferences and lifestyle. With no HOA constraints, your imagination is the only limit. Take advantage of this exceptional offering and secure your slice of Scottsdale paradise, where the value is in the land and the opportunities are endless.

Details

Property type

Single Family Residence

Est. home value

$1,227,440

Property condition

Fixer

Lot size

0.83 acres

Price per sq ft

$555

Year built

1977

Annual property taxes

$4,921

Price History

08/10/2024
ArizonaRegional

ArizonaRegional #6679248

Removed
$1,450,000
07/02/2024
ArizonaRegional

ArizonaRegional #6679248

Price change
$1,450,000
-9.09%
07/02/2024
ArizonaRegional

ArizonaRegional #6679248

Listed
$1,595,000

Schools & Community

Neighborhood: 

North Scottsdale

Elementary school: 

Sonoran Sky Elementary School - Scottsdale

Middle school: 

Desert Shadows Middle School - Scottsdale

High school: 

Horizon High School

High school district: 

Paradise Valley 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

$772,445
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$561,555
Cash to seller
$772,445

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 Republic Bank

Loan start date

October 2021

Original loan amount

$600,000

Est. remaining balance

$561,555

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Leah Gronner and Jesse S Gronner

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: Off Market

Tomo last checked: 10/05/2024 at 1:30 PM

Listing updated: 07/02/2024 at 11:53 AM

Listed by: Raegen Johnson, Crestmark Realty Group LLC Phone #: (480) 342-8889

MLS: ArizonaRegional #6679248

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